Target Costing Engineer Jobs

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Calculation & Target Costing Engineer

Carcoustics USA Inc Howell, MI

Howell, MI

Today

$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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