Senior Costing Engineer
Confirmed on the employer's own hiring board on Nov 5, 2026. First seen by Alion on Feb 11, 2026.
About the role The Costing Engineer is responsible for ensuring accurate product costing across different stages of product development using Design for Manufacturing and Assembly (DFMA) methods, supporting project teams to launch mass production on time. Reporting to the Costing Manager and based in Alexandria, Sydney, this role will focus on reducing product costs through design and process improvements, developing accurate cost models and working closely with cross-functional teams to identify cost reduction opportunities while maintaining product quality. Key responsibilities include: Analyse individual parts and assembly costs using existing cost models and databases to determine product costs during design stages.
Develop and maintain accurate product costing documentation, databases and cost models for assigned product categories and commodities. Maintain up-to-date commodity prices, currency exchange rates and labour costs within costing models. Improve internal costing accuracy and efficiency through AI tools, improved calculation methods and templates.
Work closely with engineering and product design teams to identify opportunities to reduce product and assembly costs. Apply Design for Manufacturing and Assembly (DFMA) techniques to improve product design, manufacturing processes and cost efficiency. Facilitate DFMA workshops with cross-functional teams to generate cost reduction ideas and support implementation plans.
Participate in design reviews and recommend improvements to manufacturing productivity based on production quality data. Benchmark supplier sourcing opportunities, manufacturing methods and technologies across global locations to meet project timing, quality and cost requirements. Develop and maintain product cost, Bill of Materials (BOM) and supplier market knowledge.
Provide costing insights and recommendations to management and project teams across suppliers and product models.Maintain accurate records and ensure compliance with company quality, confidentiality and intellectual property policies.