Join Segula Technologies as a Cost Engineer!Do you want to be at the forefront of innovation in the automotive industry? At Segula Technologies, we have an exciting opportunity for you to work as a Cost Engineer focusing on Automotive Commodities. Located in Riyadh, Saudi Arabia, this 12-month contract position offers the chance to collaborate cross-functionally and drive competitive product costs throughout the vehicle lifecycle.
Key Responsibilities:- Cost Estimation & Breakdown: Develop detailed should-cost models, including raw material costing, process costing, tooling costs, and overhead modeling.
- Supplier Quote Analysis: Analyze RFQ submissions, compare material price variance, and conduct gap analysis.
- Negotiation & Procurement Support: Provide cost breakdown logic during supplier negotiations and identify cost drivers.
- Cost Reduction & VA/VE: Propose material substitutions and participate in VA/VE workshops.
- Cross-Functional Coordination: Represent Cost Engineering in various meetings and collaborate with design and manufacturing teams.
- PLM & Documentation: Use Teamcenter for BOM extraction and prepare structured cost reports.
Qualifications:To be successful in this role, you should possess:
- Strong knowledge of injection molding, stamping, and assembly processes.
- 5+ years of automotive cost engineering experience.
- BE/*** in Mechanical or Automotive Engineering.
Why Join Us?Experience an amazing career with continuous learning opportunities, a supportive community, and respect for work-life balance. Be part of life at SEGULA and shape the world of tomorrow!