Cost Engineer – Automotive Commodities (Interior Exterior Seating IP) Riyadh,KSA
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Job Location:
Riyadh - Saudi Arabia
Monthly Salary:
Not Disclosed
Posted on:
6 hours ago
Vacancies:
1 Vacancy
Department:
Job Summary
Location: Riyadh Saudi Arabia (Onsite)
Duration:12 months (Extendable)
Department: Cost Engineering
Reporting To: Client Hiring Manager
Job Summary
The Cost Engineer is responsible for end-to-end cost estimation benchmarking supplier quote evaluation negotiation support and cost optimization across assigned automotive commodities.
The role works cross-functionally with Engineering Procurement Manufacturing Finance and Suppliers to ensure optimized and competitive product cost throughout the vehicle lifecycle.
Commodity Scope:
Seating Systems / Interior / Exterior / Hard Trims / Soft Trims / Plastics Parts / Glazing / Instrument Panel (IP) / Center Console / Door Trim
Key Responsibilities
Cost Estimation & Breakdown
Develop detailed should-cost models including:
Raw material costing (PP ABS PC Steel Aluminum Foam Fabric Glass etc.)
Process costing (Injection molding blow molding thermoforming stamping welding painting assembly)
Tooling cost (molds dies fixtures jigs)
Overhead and margin modeling
Perform weight-based and feature-based cost calculations using CAD data
Use Siemens NX for:
Volume calculation
Thickness analysis
Feature complexity assessment
Maintain commodity benchmarks and cost databases
Supplier Quote Analysis
Analyze RFQ submissions from suppliers
Compare:
Material price variance
Process assumptions
Cycle time
Tool amortization
Localization benefits
Conduct gap analysis (Supplier Quote vs Should-Cost)
Support procurement with negotiation strategy inputs
Negotiation & Procurement Support
Provide cost breakdown logic during supplier negotiations
Identify:
Cost drivers
Hidden margins
Process inefficiencies
Support target setting and cost alignment meetings
Cost Reduction & VA/VE
Propose:
Material substitution
Thickness optimization
Design simplification
Process changes (e.g. 2-shot molding vs assembly)
Participate in:
VA/VE workshops
Tear-down benchmarking
Competitor analysis
Cross-Functional Coordination
Represent Cost Engineering in:
Engineering reviews
Procurement strategy discussions
Module team meetings
Collaborate with:
Design teams
Manufacturing Engineering
Finance
Program Management
PLM & Documentation
Use Teamcenter for:
BOM extraction
Part revision tracking
Change management cost impact analysis
Prepare structured cost reports
Support gate reviews with cost status reporting
Qualifications :
Strong knowledge of:
Injection molding
Stamping
Foam molding (seating)
Plastic painting
Assembly processes
Tool costing fundamentals (mold/die calculations)
Machine rate and cycle time estimation
CAD proficiency in Siemens NX
Strong knowledge of Teamcenter PLM
BOM analysis and part structure understanding
Advanced Excel-based cost modeling
Automotive OEM or Tier-1 experience
5 years of automotive cost engineering experience
Preferred
Die design understanding (Progressive / Transfer / Deep Draw)
Manufacturing simulation exposure
Tool validation experience
Tolerance stack-up impact on cost
SAP costing structure knowledge
Target costing methodology experience
Qualifications
BE / in Mechanical or Automotive Engineering
Minimum 5 years of automotive experience
Additional Information :
Please note that only shortlisted candidates will be contacted
Remote Work :
No
Employment Type :
Contract
Key Skills
- Dhcp
- Active Directory
- VMware
- ASA
- Solarwinds
- Access Points
- F5
- Load Balancers
- QoS
- Nexus
- Routers
- Windows
- Visio
- Hsrp
- Dns
About Company
Why join SEGULA Technologies? Take part in the world of the future in an international corporation with strong growth. At SEGULA Technologies, you will work on exciting projects and shape the future in a company for whom innovation and engineering are inseparable. Subjects like 3D pr ... View more
