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Cost Engineer – Automotive Commodities; Interior​/Exterior​/Seating​/IP KSA

Job in Riyadh, Riyadh Region, Saudi Arabia
Listing for: Segula Technologies
Seasonal/Temporary position
Listed on 2026-02-28
Job specializations:
  • Engineering
    Manufacturing Engineer, Mechanical Engineer, Process Engineer, Automotive Engineering
Salary/Wage Range or Industry Benchmark: 200000 - 300000 SAR Yearly SAR 200000.00 300000.00 YEAR
Job Description & How to Apply Below
Position: Cost Engineer – Automotive Commodities (Interior / Exterior / Seating / IP KSA
  • Contract
  • Contract/country:
    Contractor/Freelance
  • Job family:
    Supply chain
Company Description

Do you want to shape the world of tomorrow and work on innovative projects? Then you're a good fit for us! We are a global engineering group with 15,000 employees and 140 locations worldwide. With our services, we are driving the topics of energy efficiency, climate protection and decarbonization and developing tech industries into new dimensions.

The world of SEGULA Technologies Experts revolves around industries such as automotive, software, energy and life sciences. As an independent player, we support OEMs and suppliers with personal engineering services. Take advantage of new opportunities and take on exciting tasks and attractive positions with direct customer assignment.

Job Description

Job Summary

The Cost Engineer is responsible for end-to-end cost estimation, benchmarking, supplier quote evaluation, negotiation support, and cost optimization across assigned automotive commodities.

The role works cross-functionally with Engineering, Procurement, Manufacturing, Finance, and Suppliers to ensure optimized and competitive product cost throughout the vehicle lifecycle.

Commodity Scope:
Seating Systems / Interior / Exterior / Hard Trims / Soft Trims / Plastics Parts / Glazing / Instrument Panel (IP) / Center Console / Door Trim

Key Responsibilities
  • Develop detailed should-cost models including:
    • Process costing (Injection molding, blow molding, thermoforming, stamping, welding, painting, assembly)
    • Overhead and margin modeling
    • Perform weight-based and feature-based cost calculations using CAD data
    • Volume calculation
    • Thickness analysis
    • Feature complexity assessment
  • Maintain commodity benchmarks and cost databases
  • Analyze RFQ submissions from suppliers, Compare:
    • Material price variance
    • Process assumptions
    • Cycle time
    • Localization benefits
  • Conduct gap analysis (Supplier Quote vs Should-Cost)
  • Support procurement with negotiation strategy inputs
  • Negotiation & Procurement Support:
    Provide cost breakdown logic during supplier negotiations, Identify:
    • Process inefficiencies
  • Support target setting and cost alignment meetings
  • Cost Reduction & VA/VE:
    Propose:
    • Material substitution
    • Thickness optimization
    • Process changes (e.g., 2-shot molding vs assembly)
    • Tear-down benchmarking
    • Competitor analysis
  • Cross-Functional Coordination:
    Procurement strategy discussions, Collaborate with:
    • Design teams
    • Manufacturing Engineering
    • Finance
    • Program Management
    • PLM & Documentation
    • BOM extraction
    • Part revision tracking
    • Change management cost impact analysis
  • Prepare structured cost reports
  • Support gate reviews with cost status reporting
Qualifications
  • Strong knowledge of:
    • Stamping
    • Foam molding (seating)
    • Plastic painting
    • Assembly processes
    • Machine rate and cycle time estimation
  • CAD proficiency in Siemens NX
  • Strong knowledge of Teamcenter PLM
  • BOM analysis and part structure understanding
  • Advanced Excel-based cost modeling
  • Automotive OEM or Tier-1 experience
  • 5+ years of automotive cost engineering experience
Preferred
  • Manufacturing simulation exposure
  • Tolerance stack-up impact on cost
  • SAP costing structure knowledge
  • Target costing methodology experience
Qualifications
  • BE /

    B.Tech in Mechanical or Automotive Engineering
  • Minimum 5+ years of automotive experience
Additional Information

Please note that only shortlisted candidates will be contacted

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