Cost Engineering Analyst III
Detroit, MI · HybridJobSeen 1w agoSeen in employer's feed 6 days ago
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At a glance
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Job overview
Detroit Diesel Corporation seeks a Cost Engineering Analyst III to lead cost planning structures and develop bottom-up target costs. The role supports cost avoidance and reduction, identifies and tracks cost gaps, and develops savings strategies. It works with Purchasing, Engineering, suppliers, and cross-functional project teams to improve cost transparency and verify savings through benchmarking and tear-down analysis. The position is hybrid, based in Detroit, and requires up to 10% domestic and international travel.
Skills & qualifications
Skills
Qualifications
Full job description
Detroit Diesel Corporation seeks a Cost Engineering Analyst III based out of our office in Detroit, Michigan 48239. Note, this is a hybrid position whereby the employee will work both from home and from the aforementioned office address. Hence, the employee must live within a reasonable commuting distance of the aforementioned office address. Note, this position requires up to 10% domestic and international travel per year. This position will lead cost planning structures. Determine bottom-up target costs of REC (Reference Calculation). Responsible for maintaining detailed knowledge of parts in scope, related technologies, materials, and production processes. Participate in cost avoidance and reduction activities based on bottom-up cost calculation according to the global Cost Engineering methodology supported by available systems. Proactively assess gaps between prices, purchasing and engineering, and align next steps and track the progress to close cost gaps. Set up cost engineering strategies to achieve short, intermediary, and long term savings. Support Purchasing department in negotiations and directly discuss cost gaps with suppliers. Collaborate with Engineering department to promote designs and help to avoid costly product changes. Support the creation of cost targets with a bottom-up approach for product projects. Verify savings potentials by benchmarking complex powertrain parts. Engage in tear downs and cost driver analysis for internal and external parts. Represent CE Team in cross functional project team meetings and provide cost transparency for the project lead and cross functions. Minimum Requirements: Bachelor's degree in Mechanical, Electrical, or Industrial Engineering, or its equivalent and 10 years of experience in Automotive and/or heavy truck industry. Experience must include 3 years in a Cost Engineering role and 1 year of group leader, project lead, or mentoring experience. Must have experience with: manufacturing process optimization and Siemens calculation software for generating cost calculations.
How this job compares
Set against the 459 open Cost Analyst jobs on Olive Jobs, counted November 2, 2026.
- Pay
- This postingNot listed
- US median$86–159K/yr342 salary ranges
- Openings
- Olive Jobs lists 459 open Cost Analyst jobs across the US. 2% of them nationwide are listed as remote or flexible.
- Hiring the most across the US
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- Experience
- This posting asks for at least 10 years of experience — more than three in four Cost Analyst postings that state a minimum ask for (median 5 years, across 374 postings).
- Education
- 244 of the 459 open Cost Analyst jobs (53%) ask for a bachelor's degree or higher.
Counted across the open, public US postings on Olive Jobs on November 2, 2026. Pay medians are the middle values of the low ends and of the high ends of postings that list both ends of a range in the same cadence (a yearly salary or an hourly rate); a range's midpoint is halfway between its ends. Pay and experience figures resting on fewer than 20 postings are left out.
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