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Principal Should Cost Engineer

🔥 49 minutes ago

🗽 New York – Remote

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💵 $107.5k - $204.5k / year

⏰ Full Time

🔴 Lead

👷🏻‍♀️ Engineer

👻 Ghost score 0%

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Logo of RTX

RTX

10,000+ employees

🚀 Aerospace

🎖️ Defense

🏭 Manufacturing

💰 $200k Grant - RTX on 2024-11

Aerospace • Defense • Manufacturing

RTX is a multinational aerospace and defense company that brings together aviation and defense businesses—including Collins Aerospace, Pratt & Whitney and Raytheon—to design, manufacture and service aircraft engines, auxiliary power units, integrated aerospace systems and defense solutions. The company focuses on advancing technologies that power flight, strengthen national security and support government and commercial customers worldwide, with a global presence across the Americas, Asia-Pacific, Europe, the Middle East and Africa. RTX emphasizes engineering, manufacturing, and research to solve complex technical challenges for aviation and defense.

📋 Description

• Lead cost modeling and benchmarking activities spanning complex assemblies and parts • Utilize aPriori, home-grown regression models, and other developing models • Perform should costing and should cost modeling for components and assemblies • Translate engineering drawings and models into costed elements including material, labor, overhead, tooling, and logistics • Develop and maintain cost rollups and cost drivers at appropriate levels of granularity to support negotiations • Create assumptions and cost-driver logic • Use historical data to create forward-looking models when should-costing 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, with minimal travel expected

🎯 Requirements

• Typically requires a degree in Science, Technology, Engineering or Mathematics (STEM) and minimum 8 years prior relevant experience, or an Advanced Degree in a related field and minimum 5 years of experience, or in absence of a degree, 12 years of relevant experience • Experience should costing or designing to cost • Experience with engineering drawing, reading, and interpretation • Experience with SAP or other ERP system • Programming experience (VB, SQL, Python) preferred • Experience in aerospace/defense procurement or engineering preferred • Experience with big data sets or data analytics preferred • U.S. citizenship is required • Ability to access information under the applicable program/contract

🏖️ Benefits

• Healthcare benefits • Wellness benefits • Retirement benefits • Work/life benefits • Parental and paternal leave • Flexible work schedules • Achievement awards • Educational assistance • Child/adult backup care • Medical insurance • Dental insurance • 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 may be available

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