Jobs are evaluated on the work as described below.
- Please include an Organizational Chart for all positions. The org chart should include who the role reports to, direct reports and peers (if applicable).
- Do not use abbreviations in the description and spell out any acronyms.
Job Details:
Please complete with details about the Job. Your HRBP can assist with determining the Job Profile Title.
Job Title (Functional/Working Title)
Cost Engineer
Job Profile Title (Job Architecture Title)
Cost Engineer
Job Family
Function (Department)
Power Buisness Unit
Has Direct Reports? (Yes or No)
No
Generic Job Summary:
A brief synopsis of the role; this summary is intended to describe all employees at Vertiv who perform this work. Your HRBP can provide the Job Architecture description if needed.The
Cost Engineer
is responsible for collecting and analyzing cost data, assisting in cost reporting, and supporting various cost reduction Value Analysis and Value Engineering (VAVE) initiatives. The role requires frequent collaboration with global cross-functional teams such as cost managers, engineering, manufacturing, procurement, and finance to help and identify cost optimization strategies.
Business Unit Job Summary:
A brief synopsis of the role for this set of work. This summary can include details about products, regions, scope and other details unique to a GBU, department or position.The Global Large UPS COE department of AC Power design large power Uninterruptible Power Supply from a mechanical and electrical standpoint, executes engineering test verify that the product meets the design requirements, executes value engineering analysis to reduce the cost of the product, support field engineer for special applications in field and supports the service for field issues. Products may have global scope and as well a regional scope.
Responsibilities:
Please list at least 5 duties/accountabilities
.
- Perform costed BOM analysis, understand product cost structure, analyze cost trends, identify high-cost drivers, and suggest cost-saving opportunities.
- Monitor and track the actual costs of products during production, compare them to target costs or estimations, and report any discrepancies.
- Conduct product cost comparison among different manufacturing plants, identify and address differences.
- Collaborate with regional and global procurement teams to evaluate alternate suppliers for material cost reduction.
- Support cost estimations of new products per alternative designs, materials, or manufacturing processes.
- Assist the Cost Manager in maintaining a database of cost reduction ideas, tracking the success of previously implemented initiatives, and identifying opportunities for further improvement.
- Independently handle material purchase activity using ERP system.
- Independently handle material entry activity using ERP system.
Education & Certifications:
Please note minimum and preferred requirements for education. This includes degree, specializations, and certifications.University degree in Electrical or Mechanical Engineering or equivalent with at least 2 years of professional experience in similar roles Purchasing or Buisness
Requirements:
Please list all experience required to perform this job. You may note some requirements as preferred.
- Ability to manage multiple tasks, prioritize work and meet deadlines in a fast-paced environment.
- Proficient with Microsoft Word, Excel, Power point and ERP system.
- Strong communication, problem solving and analytical skills.
- Internship or co-op experience in cost estimation, finance, or manufacturing is preferred.
- Familiarity with cost-saving strategies, such as lean manufacturing or value engineering.
- Ability to
Years Of Experience
☐No Experience☒ 1-3 years☒ 3-5 years☒ 5-7 years☐ 7-10 years☐ 10-15 years☐15+ years
Travel Requirements
☐ No Travel☒10%☐25%☐50%☐75%
Additional Benefits
☐
Special Physical Requirements:
If there are additional requirements, please check the box and then list the additional requirements.☒No Special Physical Requirements☐Heavy Lifting over 45 lbs.☐Constant/Frequent Standing☐Frequent kneeling/crawling/stooping☐Frequent climbing (stairs, ladders)☐Frequent driving (car, van, truck)
☐Additional Requirements
Position Details:
Details about specific role.
Hiring Manager
Ratilal Bari
Matrix Manager
Location (City and State)
Hadapsar, Pune
L1
Stephen Liang
L2
Kyle Keeper
HRBP
For Compensation Use Only:
Your compensation team will complete the details below, return the finalized documentation to the HRBP and store final copy on HR O: drive.Approval DateAssignment Title: Mgr/ICJob Title: Org LevelJob Family: Job CodeFunction (Department) Salary GradeExempt or Non-ExemptAIP Eligible (Y/N) AIP %SIP Eligible (Y/N) SIP Split
Market Match
Survey SourceSurvey Job TitleSurvey LevelSurvey CodeSurvey Source #2Survey Job TitleSurvey LevelSurvey Code
About The Team
Work AuthorizationNo calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.Equal Opportunity EmployerWe promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability.
