HITACHI ENERGY
Cost Engineer
29 days ago
About the Job
Location:
Greenfield, Indiana, United States of AmericaJob ID:
R0087245Date Posted:
2025-04-02Company Name:
HITACHI ASTEMO INDIANA, INC.Profession (Job Category):
Project/Program ManagementJob Schedule:
Full timeRemote:
NoJob Description:
Position Summary:
The Cost Engineer will provide cost expertise for the xEV Business Unit (BU) to support the achievement of optimal cost targets. This role involves collecting engineering requirements and providing cost estimates along with suitable suppliers for new parts and developments. Additionally, the Cost Engineer will implement a cost database to reference cost models across similar products and will be responsible for mastering cost data to optimize cost models effectively.
Position Duties and Responsibilities
- Based on requests and information coming from DE, Purchasing, or BU, provide Should Cost of the component or product: 50%
- Calculate/analyze Should Cost for awarding support by sharing achievable cost & for negotiation supports by sharing should cost based; Conduct tear down and summarize findings into report; Supplier production line improvement on demand: 15%
- Update database with latest manufacturing cost including raw material, labor etc: 10%
- Co-lead the VEC activities with BU purchasing team from preparing parts to scheduling with suppliers: 10%
- Conduct the benchmarking (BMC) for the VEC (structure, weight, material etc.) and prepare summaries for the workshops: 10%
- Create and update templates for benchmarking: 5%
Minimum Qualifications (Education, Experience, and Skills):
- Bachelor/master’s degree in engineering, Business studies or equivalent
- At least 5 years of experience in purchasing / commercial environment in industrial context
Preferred Qualifications (Education, Experience, and Skills):
- Minimum 1 Year Experience in Cost Analysis
- Minimum 3 Years Experience in Manufacturing
Skills and Abilities:
- Corporate finance skills
- Cost Engineering skills
- Ability to work cross-functionally and globally.
- Collaboration & Teamwork
- High Accountability
- Project Management
- Analytical & Problem Solving
- Communication & Presentation
Supervisory Responsibilities:
- None
Software:
- Microsoft Office Suite
- SAP
Essential to Job Functions – Physical and/or Mental Restrictions:
- Ability to work for extended periods of time while sitting
- Standing, walking, and bending for the duration of the workday
- Ability to lift and/or move up to twenty-five pounds
- Visual ability to work accurately with detailed information and a computer screen
- Full motor skills
Work Environment – Travel, Noise, Smells, Quiet, Indoors or Outdoors, etc.
- May require up to 20% travel
- Open office setting
- Factory setting with noise
Equipment Used
- Personal Computer
- Hand tools
- Multimeter and other troubleshooting devices
Equal Opportunity Employer (EOE)-Females/Minorities/Protected Veterans/Individuals with Disabilities
At Astemo, we’re challenging the status quo with the power of diversity, inclusion, and collaboration. Our goal is to build an inclusive work environment that celebrates the differences of our employees. We want to ensure that every employee feels valued, respected and empowered. We don’t just accept difference—we celebrate it, we support it, and we thrive on it for the benefit of our employees, our products, and our community. Astemo is proud to be an equal opportunity employer.
If you need a reasonable accommodation to apply for a job at Astemo, please send the nature of the request and contact information to am-jobs@hitachiastemo.com when applying for the position.
About the Company

HITACHI ENERGY
<p>Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. We are advancing the world’s energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries.</p>
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