Cost Engineer (f/m/d) Auxiliary Commodities Large Gas & Steam Turbines & Generators

A Snapshot of Your Day

The Cost Engineering (CE) function is the driver of cost transparency and optimization for externally purchased materials, components, and systems in the Siemens Energy (SE) product portfolio.

As a Cost Engineering Expert for the Auxiliary Turbine/ Generator Commodities, you will lead a diverse range of projects and initiatives, from generating cost optimization ideas within interdisciplinary teams to leveraging the innovation power of our external suppliers. You will also enable the transfer of measures on products and solutions sold to external customers.

In addition to optimizing existing products, you will represent SE Procurement in the development of new products and exploration of new business fields. As an active core team member in selected key R&D projects, you will work closely with R&D Project Managers to achieve project targets, such as target cost, through the systematic involvement of strategic suppliers in the development process.

How You’ll Make an Impact

• Act as a team member CVE and Procurement collaborating closely to gain cost transparency and foster close cooperation between Cost Management (CM) and Cost Engineering (CE), acting as a unified team to achieve common goals.
• Engage closely with suppliers to understand their strengths and weaknesses, facilitating informed decision-making; Collaborate with suppliers to improve their processes and enhance cost efficiency; Utilize theoretical Cost Structure Analysis (CSA) to negotiate and align with suppliers’ individual situations.
• Understand and actively support the Commodity/Supplier Strategy, ensuring alignment with organizational objectives; Ensure CE capacity aligns with the planned negotiation of commodities to optimize resource allocation.
• Collaborate with Marketing, Sales, and Project Procurement during the bidding process of new and/or optimized product offerings.
• Conduct detailed analysis of supplier-specific cost structures to identify opportunities for cost reduction; Assess scaling effects on bundling at suppliers to drive standardization and efficiency.
• Develop and implement effective cost-out measures in close alignment with cross-functional teams (e.g., R&D, Engineering, Procurement, Manufacturing).

What You Bring

• Bachelor’s degree or higher in a combined technical/commercial field or a technical discipline with longterm professional experience in the Energy business, engineering, R&D, Manufacturing, Project Management, and/or Supply Chain.
• Relevant technical product knowledge in Core Commodities; proficiency in IT tools relevant to cost analysis and engineering, such as TcPCM.
• Experience in gas/ steam turbine and/ or generator core commodities is preferred.
• Experience in system Design to Cost (DtC) and VA/VE in different industries is a plus; Experience in technical and cost optimization for new developments is an advantage
• Strong communication and teamwork skills, with demonstrated experience working in global cross-functional project teams.
• Professional fluency in English and conversational in German

About the Team

Our Gas Services division offers Low-emission power generation through service and decarbonization. Zero or low emission power generation and all gas turbines under one roof, steam turbines and generators. Decarbonization opportunities through service offerings, modernization, and digitalization of the fleet.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. With ~100.000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo

Our Commitment to Diversity

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character - no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences.