Principal Should Cost Engineer

🕒 October 15

🗽 New York – Remote

🗽 New York – Remote

💵 $107.5k - $204.5k / year

⏰ Full Time

🔴 Lead

👷🏻‍♀️ Engineer

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RTX

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 2020

🏭 Manufacturing

💼 Consulting

📦 Logistics

Manufacturing • Consulting • Logistics

RTX is a globally recognized aerospace and defense company dedicated to transformative technologies and era-defining innovation. It operates through various businesses, including Collins Aerospace, Pratt & Whitney, and Raytheon, with a focus on sustainable, connected flight and smarter defense systems. RTX is committed to diversity, equity, and inclusion across the company and aims to solve the world’s most complex problems with cutting-edge technology and talent. Additionally, RTX is involved in significant projects like upgrading the F135 Engine Core and developing missile-defense systems. The company emphasizes corporate responsibility and sustainable practices.

📋 Description

• Design, build, and operationalize a should-cost capability for sourcing-team negotiations across RTX products and commodities • Lead cost modeling and benchmarking activities for complex assemblies and parts • Use aPriori, home-grown regression models, and future models • Perform should-cost modeling for components and assemblies • Translate engineering drawings and models into costed material, labor, overhead, tooling, and logistics elements • Develop and maintain cost roll-ups and cost drivers at appropriate levels of granularity • Create assumptions and cost-driver logic • Use historical data to create forward-looking models when should-cost software is unavailable • Validate and calibrate models at appropriate intervals • Train new software or model users and contribute to upgrading standard work • Conduct should-cost assessments on parts using aPriori • Occasionally travel with Supply Chain managers

🎯 Requirements

• Degree in Science, Technology, Engineering or Mathematics (STEM) and minimum 8 years of prior relevant experience, or an advanced degree in a related field and minimum 5 years of experience, or 12 years of relevant experience in absence of a degree • Experience in should costing or designing to cost • Experience with engineering drawing reading and interpretation • Experience with SAP or another ERP system • Programming experience in VB, SQL, or Python preferred • Experience in aerospace/defense procurement or engineering preferred • Experience with big data sets or data analytics preferred • U.S. citizenship required; only U.S. citizens are authorized to access information under this program/contract • No security clearance required

🏖️ Benefits

• Healthcare, wellness, retirement and work/life benefits • Parental (including paternal) leave • Flexible work schedules • Achievement awards • Educational assistance • Child/adult backup care • Medical, dental and vision insurance • Life insurance • Short-term disability • Long-term disability • 401(k) match • Flexible spending accounts • Employee assistance program • Employee Scholar Program • Paid time off • Holidays • Annual short-term and/or long-term incentive compensation programs, subject to eligibility and performance • Minimal occasional travel

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