Product Costing

Product Costing Engineer Jobs

3 jobs found

7d ago

Calculation & Target Costing Engineer

Carcoustics USA Inc Howell, MI

Howell, MI

7d ago

$75k - $90k/yr Full time Cost Accounting Cost Estimating Cost Modeling

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Job Description

Carcoustics USA Inc is seeking a Calculation & Target Costing Engineer to help shape cost models that support profitable growth in its automotive acoustic and thermal management programs. Based in Howell, Michigan (onsite, in-person), this role supports quotations, evaluates manufacturing and design options, and drives target costing initiatives for new and existing business.

Role overview

The Calculation & Target Costing Engineer develops accurate product cost calculations, supports quotation activities, and drives target costing initiatives. Working cross-functionally, the role evaluates designs, material and manufacturing costs, and tooling or automation investments to align with profitability objectives across the product lifecycle.

Responsibilities

Develop detailed cost calculations for customer quotations, new business opportunities, and product changes.
Create and maintain target cost models for automotive acoustic and thermal management products.
Analyze bills of materials (BOMs), raw materials, purchased components, labor, overhead, tooling, packaging, and logistics costs.
Evaluate manufacturing processes including thermoforming, injection molding, assembly, and automated production systems.
Support RFQ activities by providing timely, accurate, and competitive cost estimates.
Collaborate with Product Engineering and Process Engineering teams to optimize designs for cost and manufacturability.
Partner with Purchasing to review supplier quotations and identify cost-saving opportunities.
Perform cost benchmarking studies and competitive analyses.
Support value engineering and continuous improvement initiatives to achieve target costs.
Develop financial justifications and ROI analyses for tooling, equipment, and automation investments.
Monitor actual manufacturing costs against quoted assumptions and identify improvement opportunities.
Maintain costing databases, cost standards, assumptions, and calculation methodologies.
Prepare professional reports and presentations for management review and business case evaluations.
Participate in cross-functional program reviews and support successful product launches.

Requirements

Bachelor’s degree in Mechanical Engineering, Manufacturing Engineering, Industrial Engineering, Finance, Business, or a related technical field.
Minimum 3 years of experience in product costing, target costing, manufacturing engineering, industrial engineering, estimating, or financial analysis within a manufacturing environment.
Experience supporting automotive OEM or Tier 1 suppliers preferred.
Knowledge of manufacturing processes including: thermoforming, injection molding, assembly operations, automation systems, and tooling and capital equipment.
Strong analytical, financial, and problem-solving skills.
Advanced proficiency in Microsoft Excel.
Experience with ERP systems and cost modeling tools.
Ability to read and interpret engineering drawings, CAD models, and technical specifications.
Excellent communication and presentation skills.
Strong organizational skills with attention to detail.

Technologies

Microsoft Excel
ERP systems
CAD models
SAP
Power BI

Benefits

401(k)
401(k) 5% Match
Employee discount
Flexible schedule
Health insurance
Health savings account
Life insurance
Vision insurance

Location and reporting

Location: Howell, Michigan
Department: Engineering
Reports to: Head of Process Engineering Americas
Travel: None
Work location: In person

Compensation

Salary: USD $75,000 - $90,000 per year

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1mo ago

Product Cost Engineer, Capital Equipment

Meta Sunnyvale, CA

Sunnyvale, CA

1mo ago Closed

$168k - $234k/yr Full time CapEx Capital Equipment Capital Planning

This position is no longer accepting applications (closed Oct 31, 2026).

Job Description

Meta’s Reality Labs builds hardware and systems behind the AR Glasses portfolio, including the capital equipment used from early process concepts through ramp. In this onsite role in Sunnyvale, you will help protect the financial performance of those investments by setting targets, modeling costs, and leading governance across the full capex lifecycle with cross-functional partners.

What you’ll do

Establish and continuously refine capital cost targets at both program and portfolio level, then cascade them to line, station, and equipment; drive Process, Tooling, Test, and Sourcing teams to meet the targets.
Develop should-cost models for capital equipment and validate supplier quotes by decomposing pricing to confirm quotes are cost-justified before commitments.
Partner with Sourcing on equipment supplier strategy, Supplier Plan of Record (SPOR), and negotiation strategy; provide should-cost benchmarks, competitive alternatives, multi-program bundling leverage, and payment and milestone terms.
Own reporting and management of capital expenditure across the AR Glasses portfolio, including tooling, fixtures, automation, test and metrology equipment, and factory infrastructure, and track flow-through to Total Cost per Unit via depreciation and capex-per-unit.
Work with Hardware and Manufacturing Engineering at a technical level to find capital reduction opportunities such as station consolidation, cycle time and takt improvements, fixture simplification, test time reduction, and utilization gains.
Define and execute an intergenerational re-use strategy by assessing the installed base for carry-forward across generations and programs, quantifying manual versus automation trade-offs, shaping design and process commonality to maximize reuse, and tracking realized reuse against budget.
Lead cross-functional capital reviews focused on actual versus target capex, utilization, re-use, and risks and opportunities; assess capital impacts of design, process, automation, and test changes.
Support capital approval and governance with Capex Sourcing and Finance, including business cases, depreciation treatment, and redeployment or disposition of idle assets.
Codify capital cost management best practices into scalable processes and documentation.

Minimum qualifications

BS in Manufacturing & Operations, Industrial, Mechanical or Electrical Engineering, or equivalent experience.
8+ years of experience in capital cost management, manufacturing/process engineering, tooling, or automation roles for hardware products.
Experience building capital or capacity models (equipment cost, UPH, cycle time, OEE, utilization, staffing) to support investment decisions.
Knowledge of Operations and Supply Chain, with demonstrated effective communication skills.
Experience collaborating with stakeholders across engineering, sourcing, and finance to align trade-offs between cost, schedule, and technical requirements.
Experience applying analytical and problem-solving methods to cost, capital, or supply chain challenges and communicating findings to cross-functional stakeholders.
Experience with equipment re-use, redeployment, or intergenerational tooling strategy across product generations.
Familiarity with capital governance, depreciation, payback/NPV analysis, and asset disposition.

Preferred qualifications

Experience adhering to and implementing responsible, ethical AI practices (risk assessment, bias mitigation, quality and accuracy reviews).
Demonstrated ability to integrate AI tools to optimize or redesign workflows and drive measurable impact (efficiency gains, quality improvements).
Demonstrated ongoing AI skill development (prompt/context engineering, agent orchestration) and staying current with emerging AI technologies.
Experience with complex capital equipment, including new line bring-up and ramp.
Master’s degree or MBA in a relevant field (Engineering, Operations, Business).
10+ years of experience in capital cost, manufacturing engineering, or product cost management roles in hardware technology products.
Background in Manufacturing, Operations, or Engineering.

Location and compensation

Location: Sunnyvale, CA (onsite)
Salary: USD 168,000 - 234,000 per year

Benefits

Bonus
Equity
Benefits

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4mo ago

Product Cost Engineer

Meta Sunnyvale, CA

Sunnyvale, CA

4mo ago Closed

$168k - $234k/yr Full time CapEx Cost Cost Analysis

This position is no longer accepting applications (closed Jul 30, 2026).

Job Description

Product Cost Engineer for Meta Reality Labs Product Operations manages a product's financial health from ideation through end of life, coordinating with Operations, Engineering, Product Management, Sourcing, Finance and Contract Manufacturing to hit cost targets and sustain supply chain continuity.

Responsibilities

Provide cross-functional support for active reporting and management of Total Cost per Unit, covering materials, capital expenditures, Manufacturing Value Add (MVA), warranty, freight and related costs.
Create cost models to inform cost targets and product category boundary decisions.
Leverage cost models to shape supply chain strategy and scalability initiatives.
Apply technical expertise to guide engineering and the supply chain teams toward meeting program cost targets at product and commodity levels for the project.
Collaborate with hardware teams to identify and drive cost reduction opportunities.
Monitor program costs against targets, identify deltas, and implement corrective actions to return costs to plan.
Identify, report, and track all costs risks and opportunities, and drive closure.
Lead cross-functional cost reviews to compare actual versus target costs and surface risks and opportunities for the program.
Participate in cross-functional reviews to understand cost implications of operational, engineering, and process changes.
Collaborate with Sourcing and Engineering to align on the Supplier Plan of Record (SPOR) ensuring low cost and stable supply.
Promote best practices for cost management across teams.
Help document scalable processes that capture organizational cost-management best practices.

Requirements

BS or higher in Electrical Engineering, Mechanical Engineering, Manufacturing & Operations Engineering, or equivalent.
5+ years of product cost management experience in hardware technology products.
Strong knowledge of operations and supply chain with demonstrated effective communication skills.
Experience adjusting to diverse communication styles and balancing non-cost variables.
Proven ability to apply analytical and problem-solving methods to cost or supply chain challenges, and to present findings to cross-functional stakeholders.

Benefits

Performance-based Bonus
Equity Compensation
Comprehensive Benefits Package

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