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Product Cost Engineering Jobs (NOW HIRING)

Cost Engineer

Norfolk, VA ยท On-site

$148K/yr

Knowledge and experience with Autodesk software, Microsoft Office products, cost engineering software and other applicable DoD computer systems and software used by the Navy command. * Ability to ...

New

Cost Engineer

Norfolk, VA ยท On-site

$148K/yr

Knowledge and experience with Autodesk software, Microsoft Office products, cost engineering software and other applicable DoD computer systems and software used by the Navy command. * Ability to ...

Bachelor's degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred * 7 plus years' experience in Product Cost, Product Management, Engineering, Supply ...

Assesses cost effectiveness of products and projects to achieve target cost conferring with other ... Bachelor's Degree in engineering/science, preferred, or equivalent experience in cost estimation ...

In this role, you will work closely with our product development, engineering, and supply chain ... Should-Cost Modeling & BOM Cost Tracking * Develop and maintain accurate should-cost models that ...

Assesses cost effectiveness of products and projects to achieve target cost conferring with other ... Bachelor's Degree in engineering/science, preferred, or equivalent experience in cost estimation ...

In this role, you will work closely with our product development, engineering, and supply chain ... Should-Cost Modeling & BOM Cost Tracking * Develop and maintain accurate should-cost models that ...

Senior Analyst / Lead Analyst roles in Product Cost, Program Finance, or Vehicle Cost Engineering * Program cost leadership assignments (vehicle line, platform, or commodity) * Broader controllership ...

Cost Down Program Manager

San Francisco, CA ยท On-site

$125K - $165K/yr

Lead cost engineering initiatives across product lines, developing and maintaining financial models that support pricing, budgeting, and forecasting. * Prepare executive-level reports and ...

Product Development & Engineering: Partner with engineering teams to utilize cost estimates and cost models to evaluate design choices, assess cost implications, and ensure alignment with budgetary ...

Bachelor's degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred * 7 plus years' experience in Product Cost, Product Management, Engineering, Supply ...

Role Summary The Manager, Cost Engineering, will play a pivotal role within the Rivian Cost ... Collect details and compile data to estimate all production costs considering raw materials, labor ...

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Showing results 1-20

Product Cost Engineering information

See salary details

$45.5K

$97K

$139.5K

How much do product cost engineering jobs pay per year?

As of Jul 11, 2026, the average yearly pay for product cost engineering in the United States is $97,048.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $114,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Product Cost Engineer, and why are they important?

To thrive as a Product Cost Engineer, you need strong analytical skills, a background in engineering or finance, and expertise in cost estimation and manufacturing processes. Familiarity with cost modeling software, ERP systems, and proficiency in tools like Excel or SAP are typically required. Outstanding problem-solving abilities, attention to detail, and effective communication help you collaborate with cross-functional teams and present cost-saving recommendations. These skills are crucial for ensuring products are developed within budget constraints while maintaining quality and competitiveness in the market.

What is Product Cost Engineering?

Product Cost Engineering is a specialized field focused on analyzing, estimating, and optimizing the costs associated with designing, manufacturing, and delivering a product. Professionals in this role work closely with engineering, procurement, and finance teams to identify cost-saving opportunities without compromising quality or performance. Their work helps companies develop competitive products by balancing cost targets with technical requirements throughout a product's lifecycle.

How does a Product Cost Engineer typically collaborate with cross-functional teams during the product development process?

Product Cost Engineers work closely with design, engineering, procurement, and manufacturing teams to ensure cost targets are met throughout the product lifecycle. They provide cost estimates during early design phases, suggest cost-saving alternatives, and analyze supplier quotes to support sourcing decisions. Regular meetings and open communication channels are essential, as Product Cost Engineers often mediate between technical and financial stakeholders to balance product quality, manufacturability, and budget constraints.

What is the difference between Product Cost Engineering vs Cost Estimator?

AspectProduct Cost EngineeringCost Estimator
Primary FocusAnalyzing and controlling product costs throughout development and productionEstimating costs for projects or products before production begins
Required SkillsCost analysis, engineering knowledge, manufacturing processesCost calculation, data analysis, project scope understanding
Work EnvironmentManufacturing, engineering, product developmentProject planning, bidding, proposal development
CertificationsCost Engineering certifications (e.g., AACE), engineering backgroundCost Estimation certifications, analytical skills

Product Cost Engineering focuses on managing and optimizing costs during product development and manufacturing, while Cost Estimators primarily prepare cost projections before project initiation. Both roles require analytical skills and understanding of costs but serve different stages of the product lifecycle.

More about Product Cost Engineering jobs
What cities are hiring for Product Cost Engineering jobs? Cities with the most Product Cost Engineering job openings:
What states have the most Product Cost Engineering jobs? States with the most job openings for Product Cost Engineering jobs include:
Infographic showing various Product Cost Engineering job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 88% Full Time, 9% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $97,048 per year, or $46.7 per hour.
Cost Engineer

$148K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

New


Job description

Bristol Infrastructure Design Services, LLC is hiring a Cost Engineer to support NAVFAC Norfolk, VA.

Essential Duties
  • The Cost Engineer will provide independent, timely and professional cost engineering support, services and consultation for the planning, design, construction and maintenance of facilities for the Navy, Marine Corps, and other Supported Commands, including minor works projects, specific projects, special projects, military construction (MILCON), demolition, maintenance, space utilization and facilities development. Utilizing knowledge of engineering and architecture as it relates to cost, participates in planning, budgeting, designing and construction of substantial new construction, renovation and improvement projects for a variety of complex military construction Participate in conferences with project stakeholders and collaborates with other engineering and architectural disciplines to ensure system coordination and integration with specific project requirements.

Required Qualifications
  • Completion of a course of studies from the Accreditation Board for Engineers and Technology (ABET) or National Architectural Accrediting Board (NAAB) accredited program from a college or university leading to a bachelorโ€™s or masterโ€™s degree in one of the following: electrical, mechanical, civil engineering or architecture. The degree must also be supplemented by a considerable amount of hands-on design experience. It is desired that the candidate have 3-5 years of prior work experience in the design and/or construction fields and 5 years of cost engineering experience.
  • A minimum of five (5) yearsโ€™ experience working with Architectural, Engineering, or Construction firms in the general construction industry on commercial/industrial type facilities contracts with at least five (5) projects valued in excess of $10 million.
Preferred Qualification
  • Certification as a Certified Cost Professional (CCP) as issued by the American Association of Cost Engineers or a Certification as a Certified Cost Engineer (CCE) issued by the DOD is desirable.
Knowledge Required by the Position
  • Professional knowledge and skill in applying the theories, concepts, principles, computer system applications, and methodology of any one of the following engineering/architectural sciences: Architecture, Civil, Mechanical, or Electrical Engineering, relevant to the full range of construction activities; conduct of studies and analysis of requirements for cost, labor, and/or materials; evaluation and advice on cost estimates and contract change orders.
  • Professional knowledge of cost engineering concepts, theories, principles, practices, and techniques necessary to plan, design, construct and maintain a wide range of shore based engineering projects.
  • Knowledge of DoD and Navy cost engineering criteria and
  • Knowledge of local, state, federal, and foreign country laws, codes, and other statutory requirements affecting cost engineering design throughout the NAVFAC Mid-Atlantic
  • Knowledge of related architectural and engineering fields and their associated impacts as related to cost engineering design.
  • Knowledge and experience with Autodesk software, Microsoft Office products, cost engineering software and other applicable DoD computer systems and software used by the Navy command.
  • Ability to produce results of analysis in writing; consolidate findings of others; and evaluate recommendations and facts.
  • Ability to communicate effectively to make oral presentations of proposed designs and results of studies.
  • Knowledge of budgeting, planning and project management techniques, including the ability to coordinate the work of others and lead teams.
  • Knowledge of and skill to work in full compliance with Safety Policy and Guidance, to include use of personal protective equipment.

Benefits

Excellent salary and benefits package to include paid time off, paid holidays, comprehensive health plan including medical, dental, vision, life, short-term disability insurance, and 401(k) plan with employer match.

Equal Opportunity Employer Statement

Bristol companies are equal opportunity employers and offer any available positions to all, without regard to race, color, religion, sex, national origin, age, disability, veteran status, parenthood, pregnancy, marital status, or changes in marital status, in accordance with applicable state and federal laws. This applies to recruitment, placement, pay, benefits, training, employment status changes, social and recreational programs, and other conditions and benefits of employment.

Bristol grants employment preference first to BBNC and Choggiung shareholders, their spouses, or descendants, and second to Alaska Native Corporation shareholders in accordance with P.L. 93-638.

Disclaimer

This job description is not intended to cover or contain a comprehensive list of activities, duties, or responsibilities that are required of the employee. Other duties, responsibilities, and activities may change or be assigned at any time with or without notice.

This job description is not a contract or employment. It does not promise or guarantee any particular benefit or specific action. All employment with Bristol is โ€œat-willโ€ which means that Bristol or employee can terminate the employment relationship at any time with or without cause.