Cost Engineer

Role Overview: Hitachi Energy is looking for a Cost Engineer to lead activities related to cost engineering within the assigned scope of work. As a Cost Engineer, you will utilize cost methodologies, tools, and software models to analyze costs, identify cost reduction opportunities, and support supplier meetings and negotiations to achieve cost optimization. You will also ensure compliance with regulations and guidelines while living Hitachi Energy's core values of safety and integrity. Key Responsibilities: - Lead all activities related to cost engineering and utilize cost methodologies, tools, and software models - Investigate and identify cost reduction opportunities through cost analysis review - Maintain reliable and accurate data related to raw materials, processes, machines, and labor rates - Support supplier meetings and negotiations to challenge prices and aim for cost reductions - Ensure compliance with applicable external and internal regulations, procedures, and guidelines - Coordinate with cross-functional and cross-geographical teams and be flexible to travel min 10% - Excellent Analytical and communication skills. Fluent in English, other languages are a plus. Qualifications Required: - Bachelor's degree in mechanical/electrical & Electronics/Production/Material Sciences Engineering (master's degree is a plus) - Minimum 7 to 10 years of experience in a similar industry or automobile or aerospace - Deep understanding of various cost models and manufacturing processes - Work exposure to different supply regions such as China, India, Europe, and US - Ability to evaluate and analyze associated costs and coordinate with internal and external stakeholders - Flexibility to travel min 10% and excellent analytical and communication skills About the Company: Hitachi Energy is a global leader in electrical power transmission and distribution, revolutionizing high-voltage technology to bring safety, reliability, and efficiency to power networks worldwide. The company prides itself on offering competitive benefit programs to support employees" financial, physical, and mental well-being. Employee benefits include up to 30 days full paid leaves per year, flexible benefit program, medical insurance, long service awards, and flexible working arrangements. If you are ready for an exciting new challenge and possess the qualifications and skills mentioned above, apply today! The selection process is continuous, and the position may be closed before the advertisement expires. For any further inquiries, contact the Talent Acquisition Partner: Sherry Xiao.,