Senior Cost Engineer (Automotive)

Location: Riyadh, Saudi Arabia; hybrid work

Company

FEV Consulting is a technology-driven top management consultancy within the FEV Group, connecting strategy development with technical product realization across mobility and energy.

What you will do

• Conduct detailed product cost analyses and should-cost calculations for automotive components, systems, and complete products.
• Perform cost benchmarking, teardown studies, and competitive analyses.
• Identify cost reduction opportunities through value engineering and design-to-cost approaches.
• Analyze manufacturing processes including stamping, casting, injection molding, machining, electronics production, and final assembly.
• Develop cost models and estimation methodologies, and support cost governance, target-cost setting, sourcing, and procurement negotiations.
• Present cost optimization recommendations and business cases while collaborating with engineering, purchasing, manufacturing, and program management teams.

Requirements

• Bachelor’s or Master’s degree in Engineering, Industrial Engineering, Automotive Engineering, Manufacturing Engineering, Business Engineering, or a comparable field.
• At least 5 years of professional experience in Cost Engineering, Value Engineering, Product Costing, Manufacturing Engineering, Purchasing, or Technical Consulting.
• Strong expertise in cost structures, manufacturing technologies, and product development processes.
• Experience with should-cost analyses, benchmark studies, and cost reduction programs.
• Solid understanding of automotive or industrial products and supply chains.
• Advanced proficiency in Microsoft Excel and PowerPoint; experience with BI and reporting tools is an advantage.
• Strong analytical thinking, problem-solving skills, and the ability to communicate complex technical findings clearly.
• Entrepreneurial mindset, passion for delivering client value, fluent English, and willingness to travel if required by client engagements.

Culture & Benefits

• International, interdisciplinary teams with flexible work supported by an open feedback culture and flat hierarchies.
• Mentoring and internal and external training opportunities for professional development.
• Flexible, self-organized work supporting work-life balance through a combination of office and remote work.
• 30 days of vacation, retirement-related benefits, employee discounts, and sabbaticals.