At a Glance
- Tasks: Lead cost engineering initiatives and optimise manufacturing processes for gas turbine components.
- Company: Join Siemens Energy, a global leader in sustainable energy solutions.
- Benefits: Enjoy 26 days holiday, flexible benefits, and career development opportunities.
- Other info: Work with cutting-edge technologies and gain exposure to advanced manufacturing processes.
- Why this job: Make a real impact on energy systems while collaborating with diverse teams worldwide.
- Qualifications: Degree in Engineering or equivalent experience in Cost Engineering or Manufacturing.
The predicted salary is between 34200 - 41800 £ per year.
A Cost Engineer for our Machined Parts commodity will play a key role in improving the competitiveness and profitability of components used across our Small, Medium and Aero-derivative Gas Turbine portfolio. Using Cost and Value Engineering methodologies, you will build transparency around what engineered components should cost and identify the technical and commercial drivers behind those costs. You'll work across Engineering, Procurement, Manufacturing and our supplier network, analysing manufacturing processes, challenging supplier quotations and identifying opportunities to reduce cost without compromising quality or performance.
Your work will cover engineered components typically no larger than 500mm³, giving you exposure to a broad range of manufacturing technologies including machining, turning, forging, casting, fabrication, coating, welding and additive manufacturing.
How You’ll Make an Impact
- Lead Cost and Value Engineering initiatives for Machined Parts across Small, Medium and Aero-derivative Gas Turbines, embedding cost and value optimisation into core business and product development processes.
- Build detailed cost transparency through should-cost modelling and analysis, using manufacturing knowledge and tools such as Teamcenter Product Cost Management (TcPCM), aPriori, Machine Learning Price Prediction (MLPP) and Cost Breakdown (CBD).
- Perform should-cost analysis of components and challenge supplier quotations, providing Procurement with robust cost insight to support negotiations, supplier selection, sourcing decisions and Sourcing Boards.
- Support target costing and Design-to-Cost activities by combining customer requirements, competitor insights, technical capability and manufacturing considerations to establish achievable cost targets.
- Identify and deliver cost-out opportunities through cross-functional workshops, design-for-manufacturing activities, innovation initiatives and manufacturing efficiency improvements across the portfolio.
- Work within the global Cost and Value Engineering network, tracking measures and savings, supporting proposal teams and clearly presenting cost analysis, recommendations and opportunities to stakeholders and senior leadership.
What You Bring
- A degree in Engineering is preferred, although equivalent practical experience within Cost Engineering, Manufacturing Engineering, Procurement Engineering or a related technical discipline will also be considered.
- Strong experience with should-costing, cost modelling or Cost and Value Engineering, with the ability to identify manufacturing cost drivers and translate technical information into credible cost estimates.
- Knowledge of engineered component manufacturing processes such as machining, turning, forging, casting, fabrication, coating, welding or additive manufacturing would be highly advantageous.
- Strong analytical capability and proficiency with Microsoft Excel and Office applications.
- Experience with TcPCM, aPriori, NX or similar engineering and cost-modelling tools would be advantageous.
- Strong communication and interpersonal skills, with the confidence to work cross-functionally and engage with external suppliers.
- Experience supporting supplier negotiations, sourcing activities or project management would be beneficial.
- Fluency in English and experience collaborating across cultures and international teams, with the flexibility to travel to suppliers and production facilities when required.
About the Team
Our Gas Services division offers low-emission power generation through service and decarbonization. We bring together gas turbines, steam turbines, generators and digital service solutions under one roof. Through modernization, digitalization and innovative service offerings, we support customers worldwide in improving reliability, efficiency and sustainability. Within Cost and Value Engineering, we work across the product lifecycle to understand the relationship between technical design, manufacturing processes, customer value and cost. You'll collaborate with a global network of Engineering, Procurement, Manufacturing and Cost Engineering specialists to improve the competitiveness of our gas turbine portfolio.
Who is Siemens Energy?
At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation. Our global team is committed to making sustainable, reliable and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies and energy transformation.
Our Commitment to Diversity
Through diversity we generate power. We run on inclusion and our combined creative energy is fuelled by over 130 nationalities. Siemens Energy celebrates character, no matter what ethnic background, gender, age, religion, identity or disability. We energize society, all of society, and we do not discriminate based on our differences.
Rewards/Benefits
- 26 days holiday, increasing to 29 days with time served.
- Access to a flexible benefits portal, including private medical cover and cycle-to-work schemes.
- A class-leading adjustable pension scheme.
- Career development and continuous learning opportunities.
- Exposure to a broad range of advanced manufacturing technologies and engineered gas turbine components.
- Opportunities to collaborate with global Engineering, Procurement, Manufacturing and supplier teams.
Cost Engineer in Lincolnshire employer: Siemens Energy
Siemens Energy is an exceptional employer, offering a dynamic and inclusive work environment where your contributions as a Senior Draughtsperson directly impact the development of eco-friendly power generation solutions. With a strong commitment to employee growth, you will have access to continuous learning opportunities, flexible working arrangements, and the chance to collaborate with a diverse team of professionals dedicated to innovation and sustainability in the energy sector.
StudySmarter Expert Advice🤫
We think this is how you could land Cost Engineer in Lincolnshire
✨Join Engineering Meetups!
Get yourself along to local engineering meetups or tech conferences. These are great places to connect with like-minded folks and industry leaders who might just have a lead on that full-time Cost Engineer role you’re after at Siemens Energy.
✨Show Off Your Projects!
Don’t be shy about showcasing your engineering projects. Whether it’s a funky app, a mechanical design, or a complex algorithm, having a solid portfolio on platforms like GitHub can really make you stand out. Plus, it gives potential employers at Siemens Energy a taste of what you can bring to the table!
✨Engage with Online Communities
Dive into engineering forums and online communities, like Reddit or specific engineering Discord channels. Sharing your insights, asking questions, and being active can help you build connections that might lead to job opportunities at Siemens Energy.
✨Apply Through Company Websites
When you spot a role like Cost Engineer at Siemens Energy, apply directly through their website. Often, this can show your genuine interest in the company and you might just get noticed quicker than via typical job boards.
We think you need these skills to ace Cost Engineer in Lincolnshire
Some tips for your application 🫡
Showcase Your Technical Expertise:When applying for an engineering role like Cost Engineer, it’s essential to highlight your technical skills. Include any relevant software or tools you're proficient in on your CV—think CAD software, simulation tools, or programming languages. Don't skimp on any engineering projects you've worked on that demonstrate your ability to solve complex problems.
Focus on Results and Impact:In the engineering world, we love numbers and real-world impact. Quantify your achievements wherever possible—like reducing costs by a certain percentage, improving efficiency, or successfully completing a project ahead of schedule. This gives your future employers at Siemens Energy a clear picture of the value you can bring.
Craft a Compelling Cover Letter:Use your cover letter to express your passion for engineering and explain why you’re drawn to Siemens Energy specifically. Share what aspects of their work excite you and how your values align with theirs. This is your chance to show a bit of personality while keeping it professional!
Include Relevant Certifications:If you have any engineering certifications, especially ones that are recognised in your field, make sure to feature them prominently on your CV. They demonstrate not just your knowledge, but also your commitment to professional development, which is something we at StudySmarter value highly.
How to prepare for a job interview at Siemens Energy
✨Brush Up on Core Engineering Principles
Before heading into the interview with Siemens Energy, make sure you're solid on the fundamental engineering principles relevant to the role. Be ready to discuss concepts such as thermodynamics, fluid mechanics, or structural analysis, depending on the specifics mentioned in the job description. Don’t skip any hands-on projects or coursework; these can be excellent talking points!
✨Show Off Your Problem-Solving Skills
Expect technical questions or case studies during your interview—after all, engineering is all about solving problems! Prepare a few examples of how you've tackled engineering challenges in the past, whether at university or in any practical experience. Practising with mock technical interviews can really help you articulate your thought process and solutions.
✨Relate Your Experience to the Role
In a full-time role, employers like Siemens Energy want to see that you can adapt and grow within their team. Be ready to discuss how your previous internships, projects, or studies relate directly to the work you'll be doing. Highlight specific experiences that showcase your collaborative skills and how you've successfully worked within a team environment.
✨Know Your Tools and Software
Most engineering roles require familiarity with specific tools and software. Prepare to talk about your proficiency with programmes like AutoCAD, MATLAB, or SolidWorks if they’re relevant to the role. Even better, have examples of projects where you’ve used these tools, as it'll demonstrate your hands-on experience and readiness for the job.
