Lear Corporation

Cost Engineer

Lear Corporation$70K — $95K *
Manufacturing & Automotive
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3+ years of cost modeling or cost engineering experience
  • Bachelor's degree required
  • Knowledge of activity-based costing principles
  • Ability to analyze production steps and costs
  • Familiarity with automotive manufacturing processes
  • Proficient in cross-functional teamwork
  • Strong analytical and problem-solving skills

Responsibilities

  • Develop cost models for automotive components across various commodities
  • Assist purchasing in sourcing negotiations using factual data
  • Analyze production steps in supplier facilities to identify cost-saving opportunities
  • Explain discrepancies between target costs and supplier pricing to stakeholders
  • Collaborate with sales, finance, and engineering teams to inform cost-related decisions

Benefits

  • Opportunities for career advancement
  • Supportive and collaborative global team environment
  • Engagement in innovative projects
  • Access to professional development resources
  • Flexible working conditions
Full Job Description
Job Description

The Cost Engineer/Analyst North America is a critical role in the global cost engineering organization which will provide support to global purchasing , sales and finance teams. The cost engineer will develop cost models for automotive components for multiple commodities ranging from plastics, metals, tubes, electrical components utilizing activity-based cost accounting principles and assist purchasing in sourcing negotiations based on factual data. Requires limited supervision and a thorough knowledge of activity based clean sheet costing in the automotive industry. Any cost engineering experience in the automotive OEMs or TIER 1s is a big plus.

Your Qualifications

  • 3+ years of cost modeling, cost engineering and/or purchasing experience with a working knowledge of activity-based costing principles
  • Bachelor's degree required
  • Understanding of activity-based costing principles in manufacturing
  • Ability to analyze production steps and costs in supplier manufacturing facilities
  • Knowledge of automotive manufacturing processes such as stamping, injection molding, wiring, excrusions, and clips
  • Ability to work in a cross functional environment including purchasing, engineering, finance, and sales
  • Ability to explain gaps between should costs and supplier pricing based on factual data
  • High level of independent judgment, intiative, creativity, and managing multiple projects
  • Problem solving and analytical thinking
  • Priority setting and time management
  • Action oriented/produces results
  • Effective communication, presentation, and interpersonal skills required to communicate with a global team in a timely manner.


Bonus if you have

  • BA/BS engineering degree preferred
  • MBA or Masters in engineering field preferred


Location Code: 0065

About Lear Corporation

The Lear Corporation is a Fortune 500 company with world-class products designed, engineered and manufactured by a diverse team of talented employees. As a leading supplier of automotive seating and electrical, Lear serves its customers with global capabilities while maintaining individual commitment. With headquarters in Southfield, Michigan, Lear maintains 221 locations in 36 countries around the globe and employs approximately 122,000 employees. Lear is traded under the symbol [LEA] on the New York Stock Exchange.

Lear Corporation Careers

Join the dynamic team at Lear Corporation, a global leader in automotive technology, and be part of a company that's driving the future of the industry. At Lear, we offer unparalleled job opportunities and a culture of innovation that fosters growth and leadership. Work You’ll Do At Lear Corporation, you will collaborate with some of the brightest minds in the industry, working together to solve complex challenges and revolutionize automotive technology. Our team is composed of over 75,000 professionals worldwide, dedicated to excellence in every aspect of our business, from design and production to management and support. Lear is not just about professional growth but also about personal development. We believe in nurturing our team's skills through continuous learning and diversity training, ensuring every member is equipped to lead in their field. Innovative Work Join Lear Corporation and be at the forefront of automotive innovation. Our commitment to cutting-edge technology and sustainable solutions allows us to lead the market in creating advanced vehicle seating and electrical systems. Your work at Lear will contribute directly to advancements that redefine what vehicles can do. Be Part of a Great Team Lear Corporation is committed to fostering an inclusive environment where every team member feels valued. We celebrate diversity and believe it drives innovation. By joining Lear, you become part of a global network of professionals who share a passion for excellence and a commitment to developing smarter solutions together. Future-Proof Your Career Lear offers a range of career paths, from engineering and design to finance and marketing. No matter where your interests lie, you will find opportunities to advance. Our robust benefits package supports your lifestyle and well-being, allowing you to focus on professional development and career advancement. Explore Job Opportunities and Internships Whether you're a seasoned professional looking for your next challenge or a student seeking a rewarding internship, Lear Corporation has positions to match your skills and ambitions. Explore our job opportunities and discover how your talents can make an impact. Lear Corporation Employment Benefits At Lear, we understand that our employees are our greatest asset. That’s why we offer competitive benefits that enhance your health, wellness, and financial security. From comprehensive health insurance to retirement plans and employee discounts, we provide the benefits you need to succeed both at work and in life. Stay Connected Join Our Team Ready to advance your career at Lear Corporation? Search open positions that align with your skills and interests. We are always on the lookout for curious, creative, and driven team members. Keep Up to Date Stay informed with the latest company news, career tips, and industry insights—all from the people who work here. Lear is a place where you can grow your career and make a significant impact. Networking and Professional Development At Lear, networking and professional development are part of our DNA. We encourage our employees to connect, share ideas, and inspire each other, while our leadership programs help you develop the skills you need to lead. Interview and Resume Tips Get ready to join Lear Corporation. Check out our career blog for interview tips and resume advice that will help you stand out from the crowd. Discover what it takes to succeed in the hiring process and start your journey with us. Lear Corporation is more than just a place to work—it’s a place where you can make a difference. Join us and drive your career forward while shaping the future of mobility.
Learn more about Lear Corporation
Size
160,100 employees
Market Cap
$7.2 billion
Industry
Net Income
$158.5 million
Founded
1917
5 Year Trend
+0.7%
Revenue
$17 billion
NASDAQ

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