Senior Costing Engineer
2 weeks ago
Drive your career
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Our diverse team of talented employees in 39 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks #189 on the Fortune 500.
As a member of the Asia Finance team, the Senior Costing Engineer is responsible for supporting new project quotations and conducting should-be-cost analysis to obtain cost-saving opportunities. This role involves collaborating with various departments to gather information, analyze cost structures, and identify opportunities for cost optimization while being able to adapt to a fast-paced work environment. With our office based at UOA Business Park, Shah Alam, this position reports to the Manager in China.
Job Responsibilities
- Proficient in understanding and adhering to standard costing processes to establish product target price and tooling cost.
- Evaluate Bill of Materials (BOM) input and review BOM assumptions.
- Estimate product unit cost and tooling cost to establish target prices and tooling costs for new project quotes on specified commodities.
- Provide support to conduct cost analysis during the sourcing phase (e.g., stamping, injection molding, die casting).
- Work closely and collaborate with cross-functional teams to ensure target price achievement.
- Review supplier quotes and cost breakdowns to support gap closure analysis.
- Collaborate with teammates to evaluate and review different design-engineering and VAVE initiatives.
- Provide support for critical project Engineering Change Notices (ECN) and conduct cost walk/variance analysis.
- Able to work under pressure and meet target deadlines.
Job Requirements
- Bachelor's Degree in Finance, Purchasing, Engineering, or other related fields.
- At least 5 years of working experience in Automotive, Mechanism design, Manufacturing, or Industrial Engineering.
- Experience in stamping, injection molding manufacturing, and tooling design, with a strong motivation to transfer to costing is an advantage.
- Proficient communication skills with regional stakeholders; fluent in both English and Mandarin to deal with the China region.
Advantages Of Working At Lear
- Join the growing team at one of Fortune magazine's World's Most Admired Companies 2022.
- Be on the front end of multiple initiatives in Malaysia and building talents.
- Enjoy an inclusive work environment that encourages innovation and creativity.
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