Job Responsibilities:
Mission of the Position:
The Casting (HPDC & Iron) Cost Engineer is responsible to generate bottom-up cost modeling for Cast components within Magna Powertrain. Analysis of supplier cost breakdowns for purchased parts. The Casting (HPDC & Iron) Cost Engineer should also support cross functional cost down workshops. Support the Target Costing group, Benchmark team and target/benchmark activities. This job requires strong knowledge of Casting (HPDC & Iron) and Machining manufacturing processes. Ability to read technical drawings, demonstrate analytical skills.
Key Responsibilities:
Determine / analyze manufacturing processes; estimate required labor, overhead and tooling requirements as needed.Review supplier component quotes and negotiate with suppliers as required. With analysis shared with Purchasing and core project teams.Develop and maintain product cost database.Prepare presentation material as required to support New Business Pursuit activities.Work closely with Program Management, Manufacturing, Purchasing, Sales, Finance, and various forms of management groups.Flexibility for Special assignments/ProjectsAbility to interface with various Suppliers and Customers to explain Magna cost positionsAssist in customer cost auditsRequirements & Qualifications:
Bachelor's degree requiredEquivalent Industry Experience preferredKnowledge in activity-based costing.Demonstrable skills in HPDC and Cast Iron manufacturing and machining.Able to use Microsoft Excel, Word, PowerPoint, Project and Visio or similar programs.Must be able to communicate in English (written and verbal).Must be able to work in a team environment .Understanding and knowledge of mechanical drawings and GD&T.High attention to detail and ownereship of tasksPrefer seven (7) years of experience in an automotive manufacturing company performing Casting and machining activities.Health & Safety/Magna Standards/Additional Requirements:
Practice and maintain integrity while following Magna’s Charter and Constitution.Follow Magna’s Code of Conduct and Ethics and related compliance policies.Supports and adheres to policies, procedures, and operational guidelines related to established quality management system (IATF 16949).Drive the development of new technologies to improve quality, efficiency and reduce cost.Comply with safety policies and procedures to ensure duties of self are performed in a safe manner.Health & Safety responsibilities: Understand applicable Environmental, Health & Safety policies and procedures in the workplace. Report unsafe conditions immediately. Report injuries, accidents, illnesses, near misses, property damage immediately. Follow safety rules. Comply with requirements for the use or operation of machines or equipment. Comply with Personal Protective Equipment (PPE) requirements.Create a positive work environment by demonstrating and sharing functional/technical knowledge.Develop and maintain a responsive and cooperative working relationship with internal and external customers.Treat everyone with dignity, trust and respect.Complete additional duties and responsibilities as assigned.Comply with Magna’s information and data protection policiesAwareness, Unity, Empowerment:At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity. Magna takes the privacy of your personal information seriously. We discourage you from sending applications via email to comply with GDPR requirements and your local Data Privacy Law.
Worker Type:
Regular / PermanentGroup:
Magna Powertrain