Cost Engineer in London

Cost Engineer in London

London Full-Time 35000 - 45000 € / year (est.) No home office possible
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At a Glance

  • Tasks: Coordinate product details and develop cost models for innovative projects.
  • Company: Join a forward-thinking company that values collaboration and creativity.
  • Benefits: Enjoy competitive health insurance, retirement plans, and wellness programs.
  • Other info: Dynamic environment with opportunities for personal and professional growth.
  • Why this job: Make a real impact by optimising costs in exciting product development.
  • Qualifications: Bachelor's in Mechanical or Industrial Engineering; analytical skills required.

The predicted salary is between 35000 - 45000 € per year.

Responsibilities

  • 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.

Qualifications

  • 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

  • We offer competitive health insurance, retirement plans, paid time off, employee stock purchase options, wellness programs, product discounts, and more.
  • We empower your personal and professional growth with high impact learning programs featuring bold voices redefining what's possible.
  • 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.

Cost Engineer in London employer: Sharkninja Dna.

At SharkNinja, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters collaboration and innovation. Our commitment to employee growth is evident through our high-impact learning programmes and competitive benefits, including health insurance, retirement plans, and wellness initiatives. Located in a fast-paced environment, we empower our Cost Engineers to drive meaningful change while enjoying the perks of product discounts and a supportive team atmosphere.

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Contact Detail:

Sharkninja Dna. 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 folks in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.

Tip Number 2

Prepare for interviews by practising common questions and showcasing your analytical skills. Be ready to discuss how you've tackled cost estimation challenges in the past – it’s all about demonstrating your expertise!

Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Check out our website for openings that match your skills and interests – we’re always looking for talented individuals like you!

Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in keeping you top of mind. Use this opportunity to reiterate your enthusiasm for the role and how you can contribute to the team.

We think you need these skills to ace Cost Engineer in London

Cost Estimation
Cost Modelling
CBOM Review
Data Analysis
Report Generation
Supplier Quoting Support
Design Recommendations

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that match the Cost Engineer role. Highlight your engineering background, especially in product development, and don’t forget to mention your advanced Excel skills!

Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're passionate about cost engineering and how your proactive mindset can help us achieve lower manufacturing costs. Be specific about your experiences!

Showcase Your Analytical Skills:Since this role requires strong analytical abilities, include examples of how you've used these skills in past projects. Whether it's validating cost assumptions or developing cost models, we want to see your thought process!

Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Sharkninja Dna.

Know Your Numbers

As a Cost Engineer, you'll need to be comfortable with cost estimates and models. Brush up on your Excel skills and be ready to discuss how you've used data to drive decisions in past projects. Bring examples of cost models you've developed or worked with.

Understand the Product Inside Out

Familiarise yourself with the products relevant to the role. Research the materials, components, and manufacturing processes involved. This will help you speak confidently about how design choices can impact costs and demonstrate your proactive mindset.

Prepare for Technical Discussions

Expect to engage in technical discussions during the interview. Be ready to explain your thought process behind cost-saving recommendations and how you've collaborated with teams in the past. Practice articulating your ideas clearly and concisely.

Showcase Your Collaboration Skills

This role involves working closely with various teams, including Supply Chain and product teams. Prepare examples that highlight your ability to work collaboratively in fast-paced environments. Emphasise your communication skills and how you've successfully navigated team dynamics.