Cost Engineer

Job Title

Cost Engineer

Job Category

Engineering

Job Description

What starts with YOU, moves the world!

Hyster-Yale Materials Handling, Inc, a world-class manufacturer of industrial lift trucks, has an outstanding opportunity for an exceptional and talented Cost Engineering based at our Warehouse Product Development Center in Greenville, NC.

What you will do:

• Bill of Materials (BOM) Management: Create, maintain, and monitor the bill of materials for new and existing products, ensuring accuracy in part counts, costs, and configurations. Compare these with existing product configurations to optimize accuracy.

• Cost Tracking & Reporting: Monitor and report the total component cost for new and existing products throughout their life cycles, including identifying reasons for changes and impacts on cost.

• Cost Modeling: Develop product cost models for different customer segments (value, standard, premium), ensuring that BOM configurations align with segment-specific requirements.

• New Product Development Support: Provide cost input for new product development programs, ensuring that design and cost targets are met throughout the product’s development cycle.

• Data Analysis & Reporting: Utilize reporting tools and Microsoft applications to track costs and generate actionable insights for various stakeholders.

Who you are:

• Detail-Oriented Problem Solver: You have a strong attention to detail and can quickly identify discrepancies in cost structures and product configurations.

• Analytical Thinker: You excel at analyzing data and financial reports to provide accurate cost assessments and forecasts.

• Collaborative Communicator: You work well with cross-functional teams, providing clear and concise reporting on cost and BOM metrics.

• Organized and Proactive: You can manage multiple tasks efficiently and are proactive in resolving cost issues before they impact production.

• Innovative Cost Manager: You continuously seek ways to improve cost management processes through innovation and best practices.

What you will need:

• Education: Bachelor’s Degree in Finance or Engineering with a focus on cost and pricing of commodities and components.

• Experience: 3-5 years of experience working in a manufacturing or engineering setting, with a strong understanding of technical BOMs, component costs, and financial analysis.

Skills, Experience & Abilities

• Manufacturing & Engineering Knowledge: Solid experience working in a manufacturing or engineering operations environment with a focus on cost management.

• Financial Analysis: Expertise in financial statement analysis, cost structure analysis, and manufacturing processes.

• Cost Management: 2+ years of experience in strategic cost management, including understanding and optimizing BOMs.

• Technical Skills: Ability to read and interpret technical engineering drawings and apply strong analytical and statistical skills to develop accurate cost assessments.

• Data Reporting & Tools: Proficiency in Microsoft tools (Excel, Word, PowerPoint) for reporting and managing cost databases.

Who we are:

Hyster-Yale Materials Handling, Inc, designs, engineers, manufactures, markets, and services a complete range of application-tailored lift trucks, attachments and fuel cell solutions that are transforming the way the world moves materials. As a global leader in the Materials Handling industry, Hyster-Yale Materials Handling, Inc, have been building relationships with our customers, suppliers, dealers, and employees for over 90 years.

What we offer:

Hyster-Yale Materials Handling, Inc, offers competitive pay, tuition reimbursement, supportive work environment, hybrid work option, and opportunities for growth and development. A full benefits package: paid time off; medical, dental, vision, and life insurance, employer-sponsored profit sharing and 401(k).

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Job Type

Permanent

Time Type

Full time

Work Hours

40

Travel Required

No

Primary Location

HY US Greenville, NC (WPDC)

Address

5200 Martin Luther King Jr Hwy

Zip Code

27834

Field-Based

No

Relocation Assistance Available

No

We are an equal opportunity employer with an excellent benefit package including medical, dental and life insurance, 401(k) and profit sharing.

EOE/Minorities/Females/Veterans/Disabled