Senior Cost Engineer; m​/f​/d

Position: (Senior) Cost Engineer (m/f/d)
Location: Germany

At EGYM, we are scaling our global hardware business while improving the cost competitiveness of our fitness equipment portfolio. To support this, we are looking for a Senior Cost Engineer (m/f/d) with strong technical costing expertise and a solid understanding of manufacturing processes for electro-mechanical products.

In this role, you will create cost transparency for components, assemblies, and complete machines through bottom-up calculations and should-cost models. Working closely with Engineering, Procurement, Supplier Operations, and our System Suppliers, you will evaluate design options, challenge supplier quotations, and identify cost improvement opportunities. This role complements our Cost Value Engineer with a dedicated focus on detailed cost calculation and should-cost analysis.

Apply now and join our team in Munich!

* Cost Engineering & Modeling:
You prepare and maintain bottom-up cost calculations and should-cost models for components, assemblies, and complete machines, while continuously improving costing assumptions, templates, and databases

* Cost Analysis & Technical Breakdown:
You analyze drawings, BOMs, specifications, manufacturing assumptions, and supplier quotations to identify and structure key cost drivers

* Design-to-Cost & Optimization:
You evaluate design alternatives, materials, and manufacturing concepts from a cost perspective and identify and quantify improvement opportunities across design, process, and sourcing

* Benchmarking & Decision Support:
You conduct cost and benchmark analyses across suppliers, components, and manufacturing approaches and support make-or-buy decisions, supplier selection, and industrialization topics

* Supplier &

Cross-Functional Collaboration:

You support supplier negotiations with transparent cost breakdowns and work closely with Engineering, Procurement, Quality, and suppliers to assess cost impacts of design changes and ensure implementation quality

* Stakeholder Communication:
You prepare structured, decision-ready analyses and management materials for internal stakeholders

Your fitness level

* Education:

You hold a degree in Mechanical Engineering, Industrial Engineering, Electrical Engineering, or a comparable qualification

* Professional

Experience:

You bring 7+ years of experience in cost engineering, should-costing, or industrial engineering

* Cost Engineering & Technical Expertise:
You have strong expertise in analyzing and calculating costs for mechanical, steel-based, electrical, and electro-mechanical components and are confident in reading technical drawings, BOMs, and product structures to build robust cost models

* Manufacturing & Tools:
You bring a solid understanding of key manufacturing processes such as welding, sheet metal forming, machining, assembly, and electrical or electronic manufacturing and have hands-on experience with cost calculation tools such as Hyperlean, aPriori, or comparable solutions, as well as ERP systems and structured data analysis

* Analytical & Communication

Skills:

You combine strong analytical thinking and a structured working style with excellent communication skills, enabling you to translate complex technical and commercial data into decision-ready insights and collaborate effectively across functions; you are fluent in English, German is a plus

Your training goal for your first 6 months

* Tool & Process Mastery:
You quickly build a strong understanding of our tools and internal processes and apply them effectively in your daily work

* Stakeholder Integration:
You build strong working relationships across teams during your on-site onboarding in Munich

* Product & Production Insight:
You develop a solid understanding of our training equipment as well as the manufacturing environments of our system suppliers

* Costing Capability:
You become confident in using our costing tools and deliver your first independent cost calculations

The equipment we provide

* Modern & International:
Be part of an international company culture where talent and passion are valued, heard and included in the decision-making process

* Work-Life Balance:
Benefit from flexible working hours, hybrid workplace model (4 days in the office,…