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For Companies At a Glance
- Tasks: Develop cost models and collaborate with teams to optimise product costs.
- Company: Join SharkNinja, a leader in innovative consumer products.
- Benefits: Enjoy competitive health insurance, paid time off, and employee discounts.
- Other info: Dynamic work environment with opportunities for personal and professional growth.
- Why this job: Make a real impact on product development while honing your engineering skills.
- Qualifications: Bachelor’s degree in Mechanical or Industrial Engineering and analytical skills.
The predicted salary is between 40000 - 50000 £ per year.
SharkNinja is seeking a self‑driven Cost Engineer to support both Shark and Ninja new product lines by developing accurate "should be" cost models throughout the product development process. In this role, you will work closely with the AD and NPD teams to understand product architecture, manufacturing methods, and component selection in order to define the lowest possible cost to produce a product.
What You Will Do
- Coordinate product details to generate early ballpark cost estimates during the AD phase.
- Develop and maintain should‑be cost models that reflect the latest product definition throughout prototype builds.
- Review CBOMs from suppliers to validate cost assumptions and identify opportunities.
- Deliver reports and presentation summaries highlighting key cost drivers and opportunities.
- Review should‑be costs for consistency and accuracy across projects.
- Generate critical component lists and work with Supply Chain teams to support supplier quoting activities.
- Provide recommendations to product teams on design approaches that support lower cost manufacturing.
- Support competitive product teardowns to understand materials, components, assembly methods, and feature implementation.
- Prepare weekly project updates and participate in regular collaboration calls with the China cost engineering team.
- Participate in product reviews, technical discussions, and hack sessions.
What You Will Bring
- Bachelor’s degree in Mechanical Engineering or Industrial Engineering.
- Experience in an engineering related field, preferably within product development.
- Strong understanding of mechanical engineering fundamentals.
- Experience working with consumer products or other high‑volume manufacturing environments.
- Strong analytical and organisational skills with excellent attention to detail.
- A proactive mindset and strong drive to identify the lowest achievable product cost.
- Advanced Microsoft Excel skills.
- Basic knowledge of plastics and metal manufacturing processes.
- Ability to work flexibly and collaboratively in a fast‑paced environment.
- Knowledge of SolidWorks or Creo.
- Strong presentation and communication skills, with the ability to deliver clear summaries, insights, and recommendations.
Benefits
- Competitive health insurance, retirement plans, paid time off, employee stock purchase options, wellness programs, SharkNinja product discounts, and more.
- High‑impact learning programs for personal and professional growth.
Equal Employment Opportunity
We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, disability, or any other class protected by legislation, and local law. SharkNinja will consider reasonable accommodations consistent with legislation, and local law. If you require a reasonable accommodation to participate in the job application or interview process, please contact SharkNinja People & Culture.
Cost Engineer in London employer: Ninjakitchen
Contact Detail:
Ninjakitchen Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Cost Engineer in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect with professionals on LinkedIn. You never know who might have the inside scoop on job openings or can refer you directly.
✨Tip Number 2
Prepare for interviews by researching the company and its products. Understand their cost engineering needs and think about how your skills can help them achieve lower production costs. Tailor your responses to show you’re the perfect fit!
✨Tip Number 3
Practice your presentation skills! As a Cost Engineer, you'll need to communicate complex ideas clearly. Run through your key points with friends or family to build confidence before the big day.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who take that extra step to engage with us directly.
We think you need these skills to ace Cost Engineer in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Cost Engineer role. Highlight your engineering background, especially in product development, and any relevant experience with cost modelling or manufacturing processes.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're passionate about the role and how your proactive mindset can help identify cost-saving opportunities. Be specific about your achievements and how they relate to the responsibilities outlined in the job description.
Showcase Your Analytical Skills: Since this role requires strong analytical abilities, include examples of how you've used data to drive decisions or improve processes in previous roles. This will demonstrate your capability to deliver accurate cost models and insights.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s a straightforward process, and we want to see your application come through our official channels!
How to prepare for a job interview at Ninjakitchen
✨Know Your Cost Models
Before the interview, brush up on cost modelling techniques. Be ready to discuss how you would develop 'should be' cost models and what factors you consider when estimating costs. This shows your understanding of the role and your proactive mindset.
✨Familiarise with Product Development
Dive into SharkNinja's product lines and understand their architecture and manufacturing methods. Being able to reference specific products during your interview will demonstrate your genuine interest and help you connect with the team.
✨Excel Skills are Key
Since advanced Microsoft Excel skills are crucial for this role, prepare to showcase your proficiency. You might be asked to solve a problem or analyse data on the spot, so practice common Excel functions and data analysis techniques beforehand.
✨Communicate Clearly
Strong presentation and communication skills are essential. Practice summarising complex information clearly and concisely. During the interview, focus on delivering your insights and recommendations in a way that’s easy to understand, as this will reflect your ability to collaborate effectively.