Vertiv Logo

Vertiv

Cost Engineer

Posted Yesterday
Be an Early Applicant
Remote
Hiring Remotely in India
Mid level
Remote
Hiring Remotely in India
Mid level
Drives product cost reduction and continuous improvement across Product Management, Engineering, Procurement, Operations, and Finance. Responsibilities include benchmarking manufacturing sites and suppliers, setting and monitoring cost targets throughout new product development and product lifecycles, analyzing cost variances, and presenting data-backed recommendations. The role also supports efficiency and quality improvements through cross-functional and cross-regional collaboration.
The summary above was generated by AI

Cost Engineer: 

Responsibilities:

  • Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)
  • Develop product cost comparisons to evaluate and benchmark manufacturing locations and suppliers
  • Prepare and deliver presentations on product cost targets, key cost drivers, and supporting cost reduction activities
  • Monitor product costs during the NPDI process and throughout the product lifecycle to identify and act on variances
  • Identify and pursue continuous improvement projects that deliver improved efficiency and/or quality
  • Other duties and responsibilities as assigned.


    Requirements: 

  • Bachelor’s degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred

  • 4-5 years’ experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing

  • Experience with new product development processes and activities is preferred

  • Demonstrated competence in problem solving, data analysis, & project management

  • Ability to develop and deliver effective presentations of insights and recommendations, supported by data analysis

  • Experience developing cross-functional and cross-regional relationships to achieve business objectives

  • Proficiency with Microsoft Office suite (Excel, PowerPoint, PowerBI), Smartsheet, and other business applications

  • Excellent communications skills – written & verbal 

Similar Jobs

One Month Ago
In-Office or Remote
India
Expert/Leader
Expert/Leader
Professional Services • Real Estate • Consulting
Lead the PMC cost engineering function for a brownfield RKEF smelter expansion: implement cost control systems, validate EPC forecasts, develop EACs and cash flows, manage change and trends, monitor procurement (China), assess brownfield execution risks, and deliver management reporting to support project decision-making across engineering, procurement, construction, commissioning and start-up.
Top Skills: EcosysExcelOraclePower BIPrimavera P6PrismSAP
One Month Ago
In-Office or Remote
India
Senior level
Senior level
Professional Services • Real Estate • Consulting
Validate and control project cost estimates and budgets across the project lifecycle. Analyze cost variances, consolidate accurate estimates, support decision-making with financial insights, collaborate with project teams, and manage/mentor cost engineers to ensure projects deliver within approved budgets.
One Month Ago
In-Office or Remote
India
Senior level
Senior level
Professional Services • Real Estate • Consulting
Prepare and maintain project cost estimates and budgets, control project costs across the lifecycle, analyze cost variances, and collaborate with project managers, engineers, finance, and stakeholders to support decision-making and ensure delivery within approved budgets.

What you need to know about the Chennai Tech Scene

To locals, it's no secret that South India is leading the charge in big data infrastructure. While the environmental impact of data centers has long been a concern, emerging hubs like Chennai are favored by companies seeking ready access to renewable energy resources, which provide more sustainable and cost-effective solutions. As a result, Chennai, along with neighboring Bengaluru and Hyderabad, is poised for significant growth, with a projected 65 percent increase in data center capacity over the next decade.

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account