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Senior Cost Estimator

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LG Electronics

2021-12-03 07:44:36

Job location Troy, Michigan, United States

Job type: fulltime

Job industry: Engineering

Job description

HIGHLIGHTS

Bachelor Degree

5 years experience

Experienced Hires

Engineering

LOCATION

Troy, Michigan 36079

We are currently seeking our newest innovator to join LG Magna EPowertrain USA's dynamic team as a Cost Estimator.

To learn more about the new joint venture between LG and Magna, please see the link:

Responsibilities:

* Analyze the cost of BOM, raw materials, process and tooling according to engineer data
* Provide the business quotations that will be submitted to our OEM customers through our business units
* Establish and improve the oversea cost model and database
* Regional responsibility to build cost model and global member of cost benchmarking
* Analyze cost breakdowns from supplier quotes and understand all cost influent factors
* Lead the technical definition and implementation of system cost modeling solutions, including the identification of analytics that enable trend data to be established
* Develop close technical relationships with suppliers to identify best cost solutions, including emerging technologies that provide cost improvements
* Automotive motor and power electronics design and/or BOM, manufacturing process. Financial knowledge skill
* Work with Engineering & Procurement teams during the new business quoting phase to establish reference cost targets
* Develop close technical relationships with suppliers to identify best cost solutions, including emerging technologies that provide cost improvements
* Work with Engineering & Procurement teams during the new business quoting phase to establish reference cost targets

Requirements:

* Bachelor's Degree in Engineering, Finance, or related field
* 5+ years experience in Automotive Engineering Operations
* 2+ year experience in Cost Analysis

Preferred

* Bilingual in English & Korean language

What is in it for you?

* A high-tech work environment with an exciting, collaborative and highly impactful role that will work closely with cross-functional teams
* An environment that enables colleagues to demonstrate their capabilities, focus on their work and create value
* Flexible work environment for all employees providing the freedom to balance work and personal life
* Our objective is to provide our employees the tools necessary to live a balanced life, experience a rewarding work environment and contribute to our surrounding communities

LGMPU provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law. Further, the Company takes affirmative action to ensure that applicants are employed and employees are treated during employment without regard to any of these characteristics.

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