Senior Principal Should Cost Engineer

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

📋 Description

• Oversee cost modeling and benchmarking efforts involving intricate assemblies and components.

• Execute should costing and should cost modeling across all commodities, which include supplier-designed equipment, electronics, composites, and other challenging commodities.

• Analyze cost components and assemblies by interpreting engineering drawings and models into elements of material, labor, overhead, tooling, and logistics costs.

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

• Establish assumptions and cost-driver logic.

• Leverage historical data to formulate forward-looking models in situations where should-costing software is not accessible.

• Validate and fine-tune models at appropriate intervals.

• Provide training for new users of software and models.

• Assist in enhancing standard work processes.

• Conduct should-cost evaluations on parts utilizing aPriori.

• Collaborate with sourcing and Supply Chain managers for supplier negotiations.

• Occasionally travel with Supply Chain managers; however, travel is anticipated to be minimal.

⛳️ 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 area with at least 7 years of experience, or if lacking a degree, 14 years of pertinent experience.

• Proficient in Geometric Dimensioning and Tolerancing for the reading and interpretation of engineering drawings.

• Experience in costing or design to cost methodologies.

• Familiarity with should cost tools.

• Preferred programming experience in VB, SQL, or Python.

• Background in aerospace/defense procurement or engineering is preferred.

• Experience with large data sets or data analytics is preferred.

• U.S. citizenship is required.

• Security clearance is not necessary.

🏝️ Benefits

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

• Parental (including paternal) leave.

• Flexible work schedules.

• Achievement awards.

• Educational assistance.

• Child/adult backup care.

• Medical, dental, and vision insurance.

• Life insurance.

• Short-term disability.

• Long-term disability.

• 401(k) match.

• Flexible spending accounts.

• Employee assistance program.

• Employee Scholar Program.

• Paid time off.

• Holidays.

• Annual short-term and/or long-term incentive compensation programs (eligibility dependent on position and bargaining agreement).