Senior Engineer I, Costing
Confirmed on the employer's own hiring board on Oct 28, 2026. First seen by Alion on Oct 19, 2026. Schneider Electric scores B on the Alion truth index.
Product Cost Management Job Description
Position Summary
The Product Cost Leader is responsible for establishing, governing, and optimizing the end-to-end cost structure of new offers/products during the new offer lifecycle. The role ensures that new offers are launched within target cost, achieve required profitability and meet business case commitments through close collaboration with Engineering, Procurement, Manufacturing, Supply Chain and Product Management teams.
Key Responsibilities
New Offer Cost Development
- Develop detailed product cost models during concept, design, andindustrialization phases- CSC derivation and evolution.
- Analyseproduct designs, manufacturing processes, and cost drivers to achieve product cost targets.
- Support pricing and business case development.
- DCMP utility and analysis
Value Engineering & Cost Optimization
- Lead cost optimization initiatives before product launch.
- Evaluate supplier quotations and negotiate cost improvement opportunities.
Manufacturing Cost Assessment
- Evaluate manufacturing processes and conversion costs (MBC, DVC)
- Support industrialization teams in identifying productivity improvements.
- Analyselabourcontent, machine utilization, tooling, and capex requirements
Key Deliverables
- Cost Breakdown Structure
- Cost Risk & Opportunity
- Cost Review Presentations
- Business Case Study
- AOC during Cost Evolution
Technical Competencies
Cost Management
- BOM Cost Analysis, Manufacturing Process Costing.
- Strong analytical and problem-solving skills.
- Ability to collaborate and influence cross-functional teams
- Curiosity to understand both the technical and financial aspects of a product
- Strong business acumen
Digital Tools
- Advanced Excel, DCMP, AI tools for costing
Experience
- Product Costing, Cost Engineering, Industrialization, Manufacturing Finance, NEW Product or Offer Development
Rewards designed for you
Our Total Rewards is our way of saying: We see you and we value you. It’s more than just pay and benefits-it’s a meaningful investment in you. It is designed to help you perform, grow, feel safe, and elevate your potential. The package helps you care for yourself and your family, plan your future, grow your skills and career, collaborate in an inclusive workplace, and contribute to your community. At Schneider Electric, we’re here for what matters most to you. Discover more at our Career Page.
* Country-specific programs and initiatives may be available.
Looking to make an IMPACT with your career?
When you are thinking about joining a new team, culture matters. At Schneider Electric, our values and behaviors are the foundation for creating a great culture to support business success. We believe that our IMPACT values - Inclusion, Mastery, Purpose, Action, Curiosity, Teamwork - starts with us.
IMPACT is also your invitation to join Schneider Electric where you can contribute to turning sustainability ambition into actions, no matter what role you play. It is a call to connect your career with the ambition of achieving a more resilient, efficient, and sustainable world.
We are looking for IMPACT Makers; exceptional people who turn sustainability ambitions into actions at the intersection of automation, electrification, and digitization. We celebrate IMPACT Makers and believe everyone has the potential to be one.
Become an IMPACT Maker with Schneider Electric - apply today!
€40 billion global revenue
+9% organic growth
150 000+ employees in 100+ countries
You must submit an online application to be considered for any position with us. This position will be posted until filled.
Schneider Electric aspires to be the most inclusive and caring company in the world, by providing equitable opportunities to everyone, everywhere, and ensuring all employees feel uniquely valued and safe to contribute their best. We mirror the diversity of the communities in which we operate, and ‘inclusion’ is one of our core values. We believe our differences make us stronger as a company and as individuals and we are committed to championing inclusivity in everything we do.
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Schneider Electric is an Equal Opportunity Employer. It is our policy to provide equal employment and advancement opportunities in the areas of recruiting, hiring, training, transferring, and promoting all qualified individuals regardless of race, religion, color, gender, disability, national origin, ancestry, age, military status, sexual orientation, marital status, or any other legally protected characteristic or conduct.