Sr Costing Engineer
Listed on 2026-02-15
-
Engineering
Systems Engineer, Manufacturing Engineer
Overview
Location:
Morristown, NJ, United States
Job
We elevate quality of urban life. Our elevators, escalators, and moving walks safely transport more than two billion people daily. As part of the Schindler team, you ll work on meaningful projects that enhance quality of life for communities and contribute to making places more accessible, inclusive, and sustainable for all. By joining us, you help shape the future and continue a rich legacy that started in 1874.
Join us as a Sr Costing Engineer
.
Your main responsibilities include:
- Manage product cost structure development & product cost determination at the component level; analyze bills of material & verification for manufactured/assembled components; build and maintain costing process competence from design to manufacturing; manage actions for costing opportunities and business case realization.
- Cost estimates/comparison for product manufactured and purchased by supply chain (20%).
- Evaluate cost estimate targets through the design and development process and recommend cost-effective solutions (should costing and benchmarking) (30%).
- Investigate cost reduction opportunities through cost analysis review and take actions to implement initiatives (cost-out and project management) (30%).
- Provide costing and configuration support for projects, including new product launches and existing product change management (20%).
Bachelor s degree in Electrical Engineering or a closely related field; plus 60 months (5 years) of experience in the offered position or related roles. Experiences may be concurrent.
What s in it for you?- Fully vested 401k match, up to 7% of total eligible compensation.
- Competitive Medical, Dental and Vision Plans - Effective from first day of hire.
- 3 weeks vacation which increases with tenure, 7 sick days, 3 floating holidays and 8 Company Observed Holidays.
- Tuition Reimbursement - Eligible after 6 months of service.
- Parental Leave - 100% base pay for 6 consecutive weeks within first year of a child s birth or adoption.
- A wide range of development opportunities to boost your professional and leadership growth.
Base Salary $119,642 - $170,100
The above represents the typical salary range for this position. Revisions to the range may be considered based on your experience, education, location, demonstrated skills, and alignment with business priorities. Please note that the compensation listed reflects only base salary and does not include variable incentives or benefits.
Join our teamBecome part of our team, help us enhance quality of life and drive innovation while raising the bar for safety and sustainability. We value your diverse skills and perspectives as together we shape the sustainable cities of today and tomorrow.
Don t meet every single requirement? If you re excited about this role but your experience doesn t align perfectly with the qualifications listed in the job description, we encourage you to apply anyway! You may just be the right candidate for this or other roles.
Our values- Safety: Uphold the highest safety standards for all.
- Integrity and Trust: Foster honest, ethical relationships.
- Create Value for the Customer: Deliver innovative, reliable solutions.
- Quality: Ensure excellence in every product and service.
- Commitment to People Development: Nurture our people, they are the heart of our success.
Discover more on our career website.
At Schindler Group we value inclusion and diversity, and practice equity to create equal opportunities for all. We endeavor that all qualified applicants will receive consideration for employment without regard to age, race, ethnic background, color, religious affiliation, union affiliation, gender, gender identity, sexual orientation, marital status, national origin, nationality, genetics and health, disability or veteran status.
Any unsolicited application from Recruitment Agencies is deemed to be rejected and does not constitute an offer from a Recruitment Agency.
#J-18808-Ljbffr(If this job is in fact in your jurisdiction, then you may be using a Proxy or VPN to access this site, and to progress further, you should change your connectivity to another mobile device or PC).