Siemens Energy · 7 hours ago
Cost Engineer - Auxiliary Commodities Large Gas & Steam Turbines & Generators
Siemens Energy is an energy technology company committed to developing the energy systems of the future. The Cost Engineering Expert will lead cost optimization initiatives for auxiliary turbine and generator commodities, collaborating with suppliers and cross-functional teams to enhance efficiency and support new product development.
EnergyEnergy StorageIndustrialIndustrial AutomationOil and GasPower GridRenewable Energy
Responsibilities
Collaboration Enhancement: Act as a team member CVE and Procurement collaborating closely to gain cost transparency. Foster close cooperation between Cost Management (CM) and Cost Engineering (CE), acting as a unified team to achieve common goals
Supplier Engagement: Engage closely with suppliers to understand their strengths and weaknesses, facilitating informed decision-making. Collaborate with suppliers to improve their processes and enhance cost efficiency. Utilize theoretical Cost Structure Analysis (CSA) to negotiate and align with suppliers’ individual situations
Strategic Support: Understand and actively support the Commodity/Supplier Strategy, ensuring alignment with organizational objectives. Ensure CE capacity aligns with the planned negotiation of commodities to optimize resource allocation
Cross-Functional Collaboration: Collaborate with Marketing, Sales, and Project Procurement during the bidding process of new and/or optimized product offerings. Work across product lines to leverage overlaps and share learnings, enhancing overall team performance
Cost Structure Analysis: Conduct detailed analysis of supplier-specific cost structures to identify opportunities for cost reduction. Assess scaling effects on bundling at suppliers to drive standardization and efficiency
Process Improvement: Develop and implement effective cost-out measures in close alignment with cross-functional teams (e.g., R&D, Engineering, Procurement, Manufacturing). Evaluate and monitor the impact of new changes by Engineering on material masters, establishing a feedback loop with suppliers. Participate in early design discussions to ensure cost considerations are integrated from the outset. Lead Lean Workshops and Productivity Workshops with suppliers to drive process efficiencies and automation
Subject Matter Expertise: Act as a subject matter expert in negotiations, providing insights and recommendations to enhance outcomes. Represent Procurement in selected key R&D programs to develop the most competitive products based on market requirements
Qualification
Required
Combined technical/commercial or technical degree (min. bachelor's degree preferred)
5+ years of professional experience in the Energy business, engineering, R&D, Manufacturing, Project Management, and/or Supply Chain
Relevant technical product knowledge in Core Commodities
Strong communication and teamwork skills, with demonstrated experience working in global cross-functional project teams
Curious, proactive, always learning and driven by results
Proficient in IT tools relevant to cost analysis and engineering, such as TcPCM
Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization
Preferred
Experience in gas/ steam turbine and/ or generator Core commodities
Experience in system Design to Cost (DtC)
Experience in technical and cost optimization for new developments
VA/VE experience in different industries
Benefits
Career growth and development opportunities; supportive work culture
Company paid Health and wellness benefits
Paid Time Off and paid holidays
401K savings plan with company match
Family building benefits
Parental leave
Company
Siemens Energy
Siemens Energy is one of the world’s leading energy technology company.
Funding
Current Stage
Public CompanyTotal Funding
$7.43BKey Investors
Ananym Capital ManagementCommercial Bank of DubaiSiemens Pension-Trust e.V
2025-12-09Post Ipo Secondary
2025-03-26Post Ipo Debt· $149.74M
2024-02-29Post Ipo Debt· $4.32B
Leadership Team
Recent News
2026-01-25
2026-01-23
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