SR. COST ENGINEER

Lucid Motors
Full-time
Southfield, MI
Posted on 6 months ago

Job Description

As a Sr. Engineer, Cost Engineering, you will join our high-caliber Cost Engineering team at Lucid Motors. In this role, you'll leverage your deep expertise in cost modeling to create detailed should-cost analyses for components and assemblies across our entire product portfolio. This isn't just about crunching numbers – we need someone who can dive deep into manufacturing processes, understand cost drivers, and work collaboratively with cross-functional teams to identify and capture value. Your analytical rigor and business acumen will directly impact our bottom line and competitive position in the market.

Responsibilities

  • Develop detailed cost estimates using engineering BoM information, drawings, CAD models, and costing systems
  • Perform teardown and analysis of automotive components to develop a Bill of Materials (BoM)
  • Support Value Analysis and Value Engineering activities
  • Partner with Global Supply Managers (GSMs) to evaluate supplier pricing
  • Partner with engineering teams to evaluate design choices and ensure alignment with budgetary constraints

Requirements

  • Expertise in manufacturing processes relevant to the automotive industry
  • Knowledge of machining, stamping, injection molding, casting, forging, and extrusions
  • Knowledge of wiring, harnesses, PCBs, electro-mechanical systems, and power electronics
  • Proven experience in developing and utilizing cost models
  • Strong engineering skills to interpret CAD models and drawings
  • Proficiency in using cost modeling tools
  • Knowledge of financial reporting and market trends
  • Proficiency in using CAD software
  • Excellent communication skills
  • Minimum of 5+ Years Experience in cost estimation, modeling, procurement, or engineering disciplines
  • Bachelor's degree in Mechanical Engineering, Manufacturing Engineering, Industrial Engineering, Systems Engineering, Electrical Engineering, Supply Chain, Business Administration, or Finance

Benefits

  • No benefits