DtV Project Cost Engineer
4 days ago
Company Overview:
If a culture of excellence, innovation and ownership is what you're searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve's position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety. Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create extraordinary flow control solutions to make the world better for everyone
DtV Project Cost Engineer - Budapest
If a culture of excellence, innovation and ownership is what you're searching for, consider putting your experience in motion at Flowserve. As an individual contributor, or as a leader of people, your enterprise mindset will ensure Flowserve's position as the global standard in comprehensive flow control solutions. Here, your opportunity for professional development and industry leading rewards will be supported by our foundational commitments to the values of people first, integrity and safety.
Thinking beyond opportunity and reward, at Flowserve, we are inspired by working together to create the extraordinary to make the world better for everyone.
Your future job
As Cost Estimating Engineer in our team, you are responsible to collect and analyse data and information in order to estimate costs associated with manufacturing a product. Works proactively towards cost target objectives in collaboration with others. Job holders in this role may take responsibility for a limited amount of
components within the design and manufacturing process. More senior roles hold more responsibility and accountability and have a larger remit in terms of components and financial accountability.
In addition, you:
- Determine cost estimate targets during the design and development process, recommending cost effective solutions
- Conduct brainstorming activity with the goal of producing design changes proposals that will increase value while reducing the overall product cost.
- Perform design activities to obtain cost-effectiveness between quality, design and manufacturing in accordance with engineering design standards
- Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products
- Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data
- Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement
- Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts
- Monitor and review data and information to detect or assess problems Investigate and identify cost reduction opportunities through cost analysis review
- Contribute to cost monitoring and reporting systems and procedures and monitor trends
- Support all activities in cost estimating and take a proactive approach towards improvements
- Gather, compile and document information from supplier interaction
- Feature based cost analysis and alternative manufacturability analysis
What is in it for you
GTEC center is located in Budapest and is serving as a key resource in researching and developing innovative product solutions. In here, we focus on incorporating leading edge technologies in fluid dynamics, tribology, roto-dynamics and mechatronics into our products. With this career changing opportunity, we offer you the following:
- Working with state of the art technologies in your field
- Extensive training and development opportunities to provide you with specific knowledge
- The possibility to work in a diverse, multinational environment and get in touch with different cultures all over the world
- A competitive base salary and interesting benefit package
- A role with lots of travel-opportunities: you will travel up to 15-20% of your time around the globe.
You are joining a young and relatively new team - in a fast growing and highly innovative environment. Have we already convinced you to join the team of engineers?
You are our ideal colleague if you…
- Hold a bachelor's degree from college or university, or equivalent combination of education and experience minimum 8 -10 years.
- Are fluent in English
- Relevant business/commercial or manufacturing/engineering degree preferred
- Some previous experience of cost estimating, ideally in a manufacturing or engineering environment
- Strong knowledge of cost usually translates into a highly detailed engagement for aPriori,
- Able to show evidence of adding value and cost optimisation
- Support supplier meetings and negotiations to challenge quotation prices and aim for cost reductions to meet target cost
- Profound knowledge of manufacturing processes and feasible interchangeability
- Liaise with purchasing department to provide continued feedback to ensure competitive pricing
You as a person…
- Carry out a sense of energy, ownership and personal dedication to the work and overall work environment
- Good communication skills with the ability to form and maintain good relationships internally and externally
- Strong technical mindset and able to read and interpret technical data and translate to others
- Highly numerate with the ability to research, assemble manage and manipulate numerical information
- Results orientated and organized with the ability to deliver against deadlines
- Adaptability to work in complex design solutions and large assemblies
- Good interpersonal, negotiation and influencing skills
- Knowledge of estimating techniques
- Project management skills
Flowserve is a world-leading manufacturer and aftermarket service provider of comprehensive flow control systems. Join a company whose people are committed to building a more sustainable future to make the world better for everyone. With 16,000+ employees in 50+ countries, we combine our global reach with local presence. Our team challenges themselves to approach each situation with ingenuity and creativity to help provide our customers with the most innovative flow control products and services. We support 10,000+ customers worldwide, creating products to meet the needs of our customers who are supplying energy, fresh water, pharmaceuticals and other essentials to consumers, businesses and governments globally. We invite you to put your talents and career in motion at Flowserve.
Req ID : R-16647
Job Family Group : Engineering
Job Family : EN Engineering
EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision
If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access as result of your disability. You can request a reasonable accommodation by sending an email to In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.
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