Cost Engineer – Automotive Commodities (Interior / Exterior / Seating / IP)-Riyadh,KSA

Do you want to shape the world of tomorrow and work on innovative projects? Then you're a good fit for us! We are a global engineering group with 15,000 employees and 140 locations worldwide. With our services, we are driving the topics of energy efficiency, climate protection and decarbonization and developing tech industries into new dimensions.

The world of SEGULA Technologies Experts revolves around industries such as automotive, software, energy and life sciences. As an independent player, we support OEMs and suppliers with personal engineering services. Take advantage of new opportunities and take on exciting tasks and attractive positions with direct customer assignment.

Location: Riyadh, Saudi Arabia (Onsite)

Duration:12 months (Extendable)
Department: Cost Engineering
Reporting To: Client Hiring Manager

Job Summary

The Cost Engineer is responsible for end-to-end cost estimation, benchmarking, supplier quote evaluation, negotiation support, and cost optimization across assigned automotive commodities.

The role works cross-functionally with Engineering, Procurement, Manufacturing, Finance, and Suppliers to ensure optimized and competitive product cost throughout the vehicle lifecycle.

Commodity Scope:
Seating Systems / Interior / Exterior / Hard Trims / Soft Trims / Plastics Parts / Glazing / Instrument Panel (IP) / Center Console / Door Trim

Key Responsibilities

Cost Estimation & Breakdown

• Develop detailed should-cost models including:

  • Raw material costing (PP, ABS, PC, Steel, Aluminum, Foam, Fabric, Glass, etc.)

  • Process costing (Injection molding, blow molding, thermoforming, stamping, welding, painting, assembly)

  • Tooling cost (molds, dies, fixtures, jigs)

  • Overhead and margin modeling

• Perform weight-based and feature-based cost calculations using CAD data

• Use Siemens NX for:

  • Volume calculation

  • Thickness analysis

  • Feature complexity assessment

• Maintain commodity benchmarks and cost databases

Supplier Quote Analysis

• Analyze RFQ submissions from suppliers

• Compare:

  • Material price variance

  • Process assumptions

  • Cycle time

  • Tool amortization

  • Localization benefits

• Conduct gap analysis (Supplier Quote vs Should-Cost)

• Support procurement with negotiation strategy inputs

Negotiation & Procurement Support

• Provide cost breakdown logic during supplier negotiations

• Identify:

  • Cost drivers

  • Hidden margins

  • Process inefficiencies

• Support target setting and cost alignment meetings

Cost Reduction & VA/VE

• Propose:

  • Material substitution

  • Thickness optimization

  • Design simplification

  • Process changes (e.g., 2-shot molding vs assembly)

• Participate in:

  • VA/VE workshops

  • Tear-down benchmarking

  • Competitor analysis

Cross-Functional Coordination

• Represent Cost Engineering in:

  • Engineering reviews

  • Procurement strategy discussions

  • Module team meetings

• Collaborate with:

  • Design teams

  • Manufacturing Engineering

  • Finance

  • Program Management

PLM & Documentation

• Use Teamcenter for:

  • BOM extraction

  • Part revision tracking

  • Change management cost impact analysis

• Prepare structured cost reports

• Support gate reviews with cost status reporting

• 
  Strong knowledge of:

  • Injection molding

  • Stamping

  • Foam molding (seating)

  • Plastic painting

  • Assembly processes

• Tool costing fundamentals (mold/die calculations)

• Machine rate and cycle time estimation

• CAD proficiency in Siemens NX

• Strong knowledge of Teamcenter PLM

• BOM analysis and part structure understanding

• Advanced Excel-based cost modeling

• Automotive OEM or Tier-1 experience

• 5+ years of automotive cost engineering experience

Preferred

• Die design understanding (Progressive / Transfer / Deep Draw)

• Manufacturing simulation exposure

• Tool validation experience

• Tolerance stack-up impact on cost

• SAP costing structure knowledge

• Target costing methodology experience

Qualifications

• BE / B.Tech in Mechanical or Automotive Engineering

• Minimum 5+ years of automotive experience

Please note that only shortlisted candidates will be contacted