Senior Costing Engineer

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Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Our diverse team of talented employees in 39 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks #189 on the Fortune 500.

As a member of the Asia Finance team, The Senior Costing Engineer is responsible to support new project quotations and conduct should-be-cost analysis to obtain cost saving opportunity. This role involves collaborating with various departments to gather information, analyze cost structures and identify opportunities for cost optimization besides able to adapt with face paced work environment. With our office based at UOA Business Park, Shah Alam, reports to the Manager in China.

Job Responsibilities

• Proficient in understanding and adhering to standard costing processes to establish product target price and tooling cost.
• Evaluate Bill of Materials (BOM) input and review BOM assumptions.
• Estimate product unit cost and tooling cost to establish target prices and tooling costs for new project quotes on specified commodities.
• Providing support to conduct cost analysis during the sourcing phase (e.g., stamping, injection molding, die casting).
• Work closely and collaborate with cross-functional teams to ensure target price achievement.
• Review supplier quotes and cost breakdowns to support gap closure analysis.
• Collaborating with team mates to evaluate and review different design-engineering and VAVE initiatives.
• Provide support for critical project Engineering Change Notices (ECN) and conducting cost walk/ variance analysis.
• Able to work under pressure and meet target deadlines.

Job Requirement

• Bachelor Degree in Finance/ Purchasing/ Engineering or other related course.
• At least 5 years of working experience in Automotive/ Mechanism design/ Manufacturing/ Industry Engineering.
• Experience in stamping, injection molding manufacturing and tooling design who expresses strong motivation to transfer to costing is an advantage.
• Proficient communication skills with regional stakeholders. Fluent in both English and Mandarin to deal with China region.

Advantages Of Working At Lear

• Join the growing team at one of Fortune magazine’s World’s Most Admired Companies 2022.
• Be on the front end of multiple initiatives in Malaysia and building talents.
• Enjoy an inclusive work environment that encourages innovation and creativity.