Cost Engineer

Cost Engineer

Full-Time 40000 - 50000 € / year (est.) No home office possible
SharkNinja

At a Glance

  • Tasks: Develop cost models for new products and collaborate with teams to optimise production costs.
  • Company: Join SharkNinja, a leader in innovative consumer products.
  • Benefits: Enjoy competitive health insurance, retirement plans, and employee discounts.
  • Other info: Fast-paced environment with opportunities for personal and professional growth.
  • Why this job: Make a real impact by driving cost efficiency in exciting product development.
  • Qualifications: Experience in consumer products and strong analytical skills required.

The predicted salary is between 40000 - 50000 € per year.

SharkNinja is seeking a self-driven Cost Engineer to support 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 while maintaining performance and consumer value.

What You Will Do

  • Support getting a complete product definition created
  • Coordinate product details to generate a ball-park cost during the AD phase
  • Generate a “should be” cost that reflects the latest product definition and update it at each prototype build
  • Review CBOMs from suppliers
  • Deliver reports or summary PowerPoint slides and share with the teams on where the cost is
  • Review all “should be” costs for accuracy
  • Generate a critical components list to work with supply chain to get quotes
  • Offer suggestions to the product teams on ways to design for lowest cost
  • Work with product teams to generate a teardown of competitive products to learn about materials, components, assembly methods, and how key features work
  • Prepare weekly updates on projects and participate in regular calls with the China cost team
  • Participate in product reviews and hacks
  • Tear down, debug, and analyze electro-mechanical products

What You Will Bring

  • Experience in consumer products or similar high-volume production situations
  • Demonstrated analytical organizational skills, strong attention to detail, and relentless drive to identify the lowest possible cost of a product
  • Strong MS Excel skills
  • Knowledge of plastics, tooling, electronics, assembly methods, decoration processes, and packaging
  • Flexible, nimble, and able to work in an extremely fast-paced collaborative environment
  • Intermediate skills in SolidWorks or Creo
  • Presentation skills, delivering clear summaries, takeaways, and opportunities
  • BS in Mechanical, Electrical, or Industrial Engineering
  • Experience in an engineering-related field, preferably product development
  • Knowledge of mechanical engineering fundamentals and manufacturing processes such as injection molding

What We Offer

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

We are an equal-employment-opportunity employer and 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 law. We 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 at accommodations@sharkninja.com.

Cost Engineer employer: SharkNinja

SharkNinja is an exceptional employer that fosters a dynamic and collaborative work culture, ideal for a Cost Engineer looking to make a significant impact in product development. With competitive benefits including health insurance, retirement plans, and employee stock purchase options, alongside robust opportunities for personal and professional growth, employees are empowered to thrive in a fast-paced environment. Located in a vibrant area, SharkNinja encourages innovation and creativity, making it a rewarding place to build a career.

SharkNinja

Contact Detail:

SharkNinja Recruiting Team

StudySmarter Expert Advice🤫

We think this is how you could land Cost Engineer

Tip Number 1

Network like a pro! Reach out to folks in the industry, attend events, and connect with people 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 researching SharkNinja’s products and values. Show us that you’re not just another candidate; demonstrate your passion for what we do and how you can contribute to our mission.

Tip Number 3

Practice your presentation skills! As a Cost Engineer, you'll need to deliver clear summaries and reports. Grab a friend or use a mirror to rehearse your pitch and make sure you come across as confident and knowledgeable.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows us you’re genuinely interested in joining the SharkNinja team.

We think you need these skills to ace Cost Engineer

Cost Modelling
Analytical Skills
Attention to Detail
MS Excel
Knowledge of Plastics
Tooling Knowledge
Electronics Knowledge

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Cost Engineer role. Highlight relevant experience in consumer products and any analytical skills that show you can identify costs effectively. We want to see how your background aligns with what we’re looking for!

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 skills can benefit our product development process. Let us know why you want to join SharkNinja specifically.

Showcase Your Skills:Don’t forget to mention your MS Excel prowess and any experience with SolidWorks or Creo. We love seeing candidates who can demonstrate their technical skills, so be sure to include examples of how you've used these tools in past projects.

Apply Through Our Website:We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. Plus, we love seeing applications come directly from our site!

How to prepare for a job interview at SharkNinja

Know Your Cost Models

Make sure you understand the different cost models relevant to the role. Brush up on how to develop 'should be' cost models and be ready to discuss your experience with them. This will show that you’re not just familiar with the theory but can apply it practically.

Familiarise Yourself with Product Development

Dive deep into the product development process, especially in relation to consumer products. Be prepared to talk about how you’ve collaborated with teams in the past to define product architecture and manufacturing methods. This will demonstrate your ability to work cross-functionally.

Excel Skills are Key

Since strong MS Excel skills are a must, practice using Excel for cost analysis and reporting. Bring examples of how you've used Excel to generate reports or summaries in previous roles. This will highlight your analytical skills and attention to detail.

Prepare for Technical Questions

Expect technical questions related to mechanical engineering fundamentals and manufacturing processes like injection molding. Brush up on these topics and think of examples from your past experiences where you applied this knowledge. It’ll help you stand out as a knowledgeable candidate.