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Job Purpose
The Costing Engineer is responsible for analyzing, developing, and optimizing product cost structuresparticularly for electric vehicles (EVs)across the entire product lifecycle. The role ensures cost competitiveness, supports profitability targets, and drives continuous cost improvement initiatives.
Key Responsibilities
- Develop, analyze, and optimize vehicle cost structures and Bills of Materials (BOM) throughout the product development lifecycle.
- Perform detailed cost analysis covering materials, manufacturing processes, tooling, logistics, and overhead.
- Establish comprehensive cost breakdown structures and cost models to support design, sourcing, and manufacturing decisions.
- Benchmark product and cost structures against major global EV OEMs, with a strong focus on the China EV market.
- Support supplier negotiations, value analysis/value engineering (VA/VE) activities, and localization strategies to achieve cost reduction targets.
- Monitor, track, and report cost performance, cost variances, and realized savings to management.
- Collaborate cross-functionally with Engineering, Purchasing, Manufacturing, and Finance teams to drive cost optimization initiatives.
Requirements
- Minimum of 5 years experience in Cost Engineering within the automotive and/or EV industry.
- Mandatory experience working with or within the China EV market.
- Experience collaborating with or benchmarking against major automotive OEMs comparable to VinFast.
- Bachelor's degree in Engineering or a related technical discipline.
- Strong analytical and problem-solving skills with proficiency in Excel; experience with ERP systems (e.g., SAP) is required.
- Fluency in English is required; proficiency in Chinese is a strong advantage.
- Open to both Vietnamese and international candidates.
Benefits
- Competitive salary compared to the market.
- Career growth opportunities and the chance to build a sustainable career in a fast-growing company.
- Professional and respectful working environment.
We appreciate your interest in this opportunity. Given the high volume of applications, we will only be able to contact shortlisted candidates. We value your understanding and patience in this process. Thank you for your interest and cooperation.
