Product Cost Engineer

At TE, you will unleash your potential working with people from diverse backgrounds and industries to create a safer, sustainable and more connected world. 

Responsible for providing financial analysis, guidance, and support to the Sales Leaders and/or Product General Manager and Product Management team. These positions are expected to ensure profitable growth by improving Sales and/or Product Management performance through enhanced analysis, reporting, key performance indicator tracking, and follow up on critical items. Financial responsibilities include evaluating PAC projects, capital investments, product extensions, product pricing and rebate agreements, Strategic Plan process and long term P&L modelling, competitive and scenario analyses, driving financial intelligence and rigor across Finance and other non-Finance functions. 

•    Product cost simulation in order to support profitability analysis of new opportunities (corresponding values streams)
•    Determine the financial key figures at an early stage of New Product Introduction and update them in later stage of Projects
•    Calculation of production alternatives in terms of design, method and production location 
•    Cost calculation in the early phase of new PRJ with appropriate input from Operations and Purchasing, as well as in all further phases according to the product development process (Concept, Design, Industrialization)
•    Perform capital analysis for the projects in terms of ROI, Payback, Operating Income and Break Even Point (Full Product P&L)
•    Independently monitor, coordinate/control and initiate escalations as necessary in the Calculation of lifetime costs during all project phases; optimization of cost cycles in
•    Collaboration with key business partners such as Sales, Product Engineering, Product Management, Purchasing, Manufacturing Engineering, Operations, Plant Controlling
•    Support of new cross-site costing methodologies for new product families and technologies in the individual production sites as part of target cost activities
•    Introduction of new cross-location cost methods for new product families and technologies in the individual production sites
•    Execution of continuous complex cost and value driver analyses as well as implementation of Target Costing
•    Plan and monitor execution of CAPEX required for the NPI Projects
•    Proactive participation in interdisciplinary functional/core teams

•    Bachelor’s or master’s degree in economics, finance, business administration, controlling or similar. Also candidates with an engineering background (with a strong interest for finance) are being invited to apply. 
•    Preferably min. 5 years business experience in Commercial and/or Operations Finance
•    Experience in investment projects (from financial and/or engineering perspective) 
•    Experience in cost analysis and optimization in a manufacturing environment
•    Experience in a multinational and dynamic (matrix) organization
•    Excellent communication skills in English
•    ERP system knowledge, SAP experience is preferred
•    Strong business acumen and proven analytical and problem-solving skills
•    Able to work independently and balance multiple priorities and commitments

•      Employment contract, ultimately for an indefinite period of time
•      Opportunity to improve qualifications, trainings
•      Friendly system of implementation on the job and initial training
•      Attractive incentive and social package
•      Private medical care for the employee and family members
•      Life insurance on preferential terms
•      Holiday/leisure co-financing
•      Vouchers for holidays
•      Benefits for family members (packages, gifts for employees' children)
•      Loans for employees on preferential terms
•      Cash profits for recommending an employee under the referral program
 

ABOUT TE CONNECTIVITY
TE Connectivity is a global technology leader enabling a secure, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions have been proven in the most demanding environments, enabling advancements in transportation, industrial applications, medical technology, energy technology, data communications, and for the home. With more than 85,000 employees, including more than 7,500 engineers, we work with customers in nearly 140 countries. TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn, Facebook, WeChat and Twitter.

WHAT TE CONNECTIVITY OFFERS:
We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority

•    Competitive Salary Package
•    Performance-Based Bonus Plans
•    Health and Wellness Incentives
•    Community Outreach Programs / Charity Events
•    Employee Resource Group

Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site.