Senior Principal Should Cost Engineer

This is a fully remote position, open to applicants in New York.

📋 Description

• Oversee cost modeling and benchmarking tasks that involve complex assemblies and components.

• Conduct should costing and should cost modeling for all commodities, which includes supplier-designed equipment, electronics, composites, and other challenging commodities.

• Break down cost components and assemblies by converting engineering drawings and models into costed elements, encompassing materials, labor, overhead, tooling, and logistics.

• Create and sustain cost rollups and cost drivers at appropriate levels of detail to facilitate negotiations.

• Develop assumptions and cost-driver logic.

• Utilize historical data to formulate forward-looking models when should-costing software is not available.

• Validate and adjust models at suitable intervals.

• Provide training for new software or model users and assist in upgrading standard work.

• Execute should-cost assessments on parts using aPriori.

• Design, construct, and implement should-cost capabilities to enhance cost transparency for sourcing team supplier negotiations across components, aircraft, defense products, and subsystems.

• Primarily work remotely from home; occasional in-person interviews may be necessary.

⛳️ Requirements

• Generally requires a degree in Science, Technology, Engineering, or Mathematics (STEM) along with a minimum of 10 years of relevant experience, or an Advanced Degree in a related field with at least 7 years of experience, or in the absence of a degree, 14 years of pertinent experience.

• U.S. citizenship is mandatory, as only U.S. citizens can access information under this program/contract.

• Familiarity with Geometric Dimensioning and Tolerancing for interpreting engineering drawings.

• Experience in costing or design to cost.

• Proficiency with should cost tools.

• Preferred: programming skills in VB, SQL, or Python.

• Preferred: background in aerospace/defense procurement or engineering.

• Preferred: experience handling large data sets or data analytics.

• Potential for occasional travel with Supply Chain managers.

🏝️ Benefits

• Compensation, healthcare, wellness, retirement, and work/life benefits.

• Parental leave, which includes paternal leave.

• Flexible working schedules.

• Achievement awards.

• Educational assistance.

• Child/adult backup care.

• Medical, dental, and vision insurance.

• Life insurance.

• Short-term disability coverage.

• Long-term disability coverage.

• 401(k) matching.

• Flexible spending accounts.

• Employee assistance program.

• Employee Scholar Program.

• Paid time off.

• Holidays.

• Annual short-term and/or long-term incentive compensation programs (eligibility-based; not guaranteed).