Costing Engineer
Job Fit Check
Base Career helps you apply smarter for this job.
Key skills for this role
About the Role
JOB DESCRIPTION The Costing Engineer - Busbar, The responsibility entails generating and maintaining accurate cost data with the utmost precision to support product pricing and ensure accuracy, while also identifying opportunities for cost-saving improvements.
Key Skills for This Role
Full Job Posting
Costing Engineer - Busbar,
The responsibility entails generating and maintaining accurate cost data with the utmost precision to support product pricing and ensure accuracy, while also identifying opportunities for cost-saving improvements.
The incumbent will be responsible for understanding the product and its associated processes.
They will then meticulously study the costs incurred by each activity, from the supply chain to delivery.
Subsequently, they will generate comprehensive product cost data in a structured manner, which will serve as the foundation for product pricing.
The Costing Engineer is responsible for generating and updating cost data in real-time for the products offered by the Vertiv Ras al Khaimah Entity, as well as coordinating with other entities to share and utilize this data.
Key activities include studying manufacturing and other business processes in minute detail, generating cost data, maintaining it, and updating it as necessary.
Additionally, the Costing Engineer suggests opportunities for bottom-line improvement.
This position requires a strong understanding of engineering and operations processes and entails closely working with Offering, Operations, Procurement, and R&D to achieve the goals.
Responsibilities
- Product Study: Understand the product, its bill of materials, and the direct and indirect materials used.
- Process Study: Gain a thorough understanding of the manufacturing process and related activities of the product and its components.
- Supply Chain Study: Understand the supply chain of raw materials, components, and services.
- Cost Study: Evaluate the manufacturing process and activities hands-on, focusing on all cost components related to the product, process, and supply chain with a cost perspective.
- Generate Cost Data: Produce cost data that includes, but is not limited to, material, labour, machine, manual process, overhead expenses, landed cost of bought-out components, and time elements of all activities.
- Maintain Structured Cost Data: Maintain and improve the structure of cost data in an organized manner to facilitate easy reuse and systematic updates.
- Cost Reporting: Prepare regular cost reports and presentations for senior management, providing insights into cost trends, variances, and potential cost-saving opportunities.
- Cost Optimization & Value Engineering: Utilize knowledge of costs associated with operations and products to suggest design, process, and supply chain improvements.
- Cost Tracking: Track and implement corrective actions whenever a cost deviation or inaccuracy is identified.
- Other Duties and Responsibilities as Assigned
Qualifications
- Bachelor's degree in Engineering, Finance, or related field. Advanced degree or relevant certifications preferred.
- Minimum 3-5 years experience in cost engineering, cost analysis, or related roles within a manufacturing environment, preferably in electrical or mechanical systems.
- Strong knowledge in manufacturing and assembly processes
- Proficiency in cost estimation techniques, financial modeling, and cost accounting principles.
- Detail-oriented mindset with a focus on accuracy and precision in cost calculations and analysis.
- Strong analytical skills with the ability to interpret complex data sets and develop actionable insights.
- Proficient in Microsoft Excel, ERP systems, and other relevant software applications.
- Experience in a medium to large industrial type organization.
Work Authorization
No calls or agencies please.
Vertiv will only employ those who are legally authorized to work in the United States.
This is not a position for which sponsorship will be provided.
Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
Equal Opportunity Employer
We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability.
Apply for this job in 1 click
Skip the repetitive application forms
Install the Base Career Chrome Extension and autofill job applications across major job boards with your profile.
Trusted by over 500,000 job seekers on Base Career
More from this employer
More jobs at Vertiv
General Operator - Production Associate II
Abu Dhabi, UAE
Vertiv is hiring a Production Associate II. The job description primarily contains work authorization and equal opportunity statements, with no details about responsibilities or requirements. This posting appears to be a
Operations Technical Training Senior Coordinator
Abu Dhabi, UAE
Vertiv is looking for an Operations Technical Training Senior Coordinator to organize training, analyze needs, develop programs, and maintain QA/QC records. The role also involves inspection activities for incoming mater
Sr. Engineer Mechanical Engineering XI
Abu Dhabi, UAE
Vertiv is seeking an experienced Design Engineer to support the design and development of customized switchgear and fabricated products. The role requires a Diploma or Degree in Mechanical or Electrical Engineering, mini
Document Controller - Project Delivery
Abu Dhabi, UAE
Vertiv is seeking a Document Controller for its Project Delivery Team in Ras Al Khaimah. The role involves managing project documentation, ensuring compliance, and coordinating with stakeholders. Requires 3-5 years of do
Senior Engineer - Project Delivery
Abu Dhabi, UAE
Vertiv seeks a Senior Engineer - Project Delivery to lead project execution for electrical systems. Requires a graduate degree in Electrical Engineering and 7+ years experience. Responsible for managing project margin, c
Project Planner
Abu Dhabi, UAE
Vertiv is looking for an experienced Project Planner to support busbar system projects in Abu Dhabi. The role involves developing and maintaining project schedules, coordinating with teams, tracking progress, and prepari
Sales Data Analytics Analyst
Mississauga, CAN
Vertiv is looking for a Sales Strategy Analyst to collect, analyze, and report management data supporting sales operations and strategic planning. You will translate market and pipeline data into actionable strategies, g
Electrical Testing Technician
Abu Dhabi, UAE
Vertiv is seeking an Electrical Testing Technician to perform inspection activities on incoming materials and in-process checks. The role requires a Mechanical/Electrical diploma and 3-4 years of experience on switchgear
General Operator - Production Associate II
Abu Dhabi, UAE
Operations Technical Training Senior Coordinator
Abu Dhabi, UAE
Sr. Engineer Mechanical Engineering XI
Abu Dhabi, UAE
Document Controller - Project Delivery
Abu Dhabi, UAE
Senior Engineer - Project Delivery
Abu Dhabi, UAE
Project Planner
Abu Dhabi, UAE
Sales Data Analytics Analyst
Mississauga, CAN
Electrical Testing Technician
Abu Dhabi, UAE