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Contract TypeContract TypeFull-time
Workplace typeWorkplace typeOn-site
LocationLocationRiyadh
Join SEGULA Technologies as a Cost Engineer!
Accelerate your career with a fast-growing global engineering group. At SEGULA Technologies, you'll work on exciting projects and help shape the future within a company where innovation is inseparable from engineering.
Who We Are:
As a key player in the energy sector, SEGULA Technologies offers solutions to enhance productivity and competitiveness in renewable (hydraulic, wind, and solar), nuclear, and fossil energy domains. With over 15,000 skilled employees, we provide opportunities that give new meaning to your career aspirations, whether locally or globally.
About the Role:
The Cost Engineer is responsible for comprehensive cost estimation, benchmarking, supplier quote evaluation, negotiation support, and cost optimization of automotive components across assigned commodities. This role collaborates cross-functionally with Engineering, Procurement, Manufacturing, Finance, and Suppliers to ensure competitive and optimized product costs throughout the lifecycle.
Responsibilities:
  • Conduct detailed cost estimation and breakdown.
  • Prepare should-cost models based on raw material costing and process costing techniques.
  • Analyze supplier RFQ submissions and conduct gap analysis.
  • Support negotiation strategies with procurement.

Qualifications:
  • BE / *** in Mechanical or Automotive Engineering.
  • Minimum of 5 years of experience in the automotive industry.
  • Experience with SAP / Teamcenter is a plus.
  • Ability to work onsite and available for regular day shifts (Sunday to Thursday).

Requirements

  • Requires 2-5 Years experience

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