Cost Engineer
About the Role
Job ID 306020 Location Mexico Queretaro Santiago de Queretaro Remote vs. Office Hybrid (Remote/Office) Company Siemens Energy, S. de de Organization EVP Global Functions Business Unit Strategic Procurement Full / Part time Full-time Experience Level Professional / Experienced
A Snapshot of Your Day
As a Cost Engineer, you will support the fabrication commodity portfolio by enhancing cost transparency, protecting margins, and driving value optimization initiatives across North American and global suppliers as well as internal manufacturing facilities. You will perform should-cost analyses, evaluate supplier quotations, and identify cost reduction opportunities through cross-functional collaboration with Procurement, Engineering, and Manufacturing teams. This role combines technical engineering expertise with cost engineering methodologies to support sourcing decisions, improve competitiveness, and maximize business profitability.
How You'll Make an Impact Perform should-cost analyses for fabricated components and industrial products to establish cost benchmarks and support sourcing decisions.
Build and maintain cost transparency models using cost engineering methodologies and tools such as Tc PCM and a Priori.
Evaluate and validate supplier quotations, supporting negotiation strategies and cost optimization initiatives.




Lead Cost & Value Engineering (CVE) projects to identify and implement cost-out opportunities across the product portfolio.
Collaborate with Procurement, Commodity Management, Design Engineering, and Manufacturing teams to drive Design-to-Cost and Design-for-Manufacturability initiatives.
Track, analyze, and communicate the financial impact of cost-saving measures and present recommendations to stakeholders and leadership. What You Bring Bachelor’s degree in Engineering or a related technical field; Master’s degree preferred.
5-10 years of experience in Cost Engineering, Manufacturing Engineering, Value Engineering, Procurement Engineering, or a similar technical role.
Strong knowledge of should-cost analysis, cost modeling, and value engineering methodologies.
Professional advanced English proficiency, with the ability to effectively communicate and collaborate in a global, cross-functional environment.
Experience with manufacturing processes such as machining, forging, coating, or steel fabrication.
Proficiency with cost engineering tools (, Tc PCM, a Priori) and interpretation of engineering drawings.
Strong analytical, communication, and stakeholder management skills, with the ability to influence cross-functional teams in a general environment. #J-18808-Ljbffr

📌 Cost Engineer (Ejido Querétaro)
🏢 Siemens Energy
📍 Ejido Querétaro