Cost & Value Engineer (CVE)

TL;DR

Cost & Value Engineer (CVE): Drive initiatives to maximize product value while minimizing costs throughout the product life cycle with an accent on bottom-up CVE methodologies, design-for-cost, and cross-functional optimization. Focus on evaluating technical solutions, preparing cost data for proposals, and leading supplier process improvements under tight deadlines.

Onsite – Christiansburg, VA. Travel: Approximately 10%, Domestic and/or International.

Salary Range: $77,000–$95,000 Annually (Christiansburg, VA)

Company

Performance culture company in Industrial Group Slip Ring and Marine, solving technical challenges with trust and empowerment.

What you will do

• Apply CVE methodologies to identify, evaluate, and realize cost potential across the value chain.
• Lead process and technology optimization at suppliers.
• Coordinate cost estimating teams and translate technical inputs into proposal cost data.
• Conduct concept evaluations focusing on design-for-cost and design-for-assembly.
• Analyze historical data for business proposals ensuring transparency and objectivity.
• Collaborate with Procurement, Engineering, Finance, and Supplier Quality Management on strategic CVE topics.
• Communicate estimating results to pricing and executive leadership under time constraints.

Requirements

• Bachelor’s degree in mechanical engineering, industrial engineering, or finance, with minimum 3 years in project-oriented or manufacturing support role.
• In-depth knowledge of engineering principles, mechanical drawings, and 3D models.
• Proven track record in bottom-up cost calculations and managing cross-functional projects.
• Strong proficiency in data analysis, reporting, and Office tools (PowerPoint/Excel).
• Exceptional communication, negotiation, moderation, and presentation skills for executive reviews.
• Ability to work under pressure and meet strict deadlines.

Culture & Benefits

• Financial rewards: competitive compensation, annual profit sharing, matching 401k, Employee Stock Purchase Plan, Flexible Spending and Health Savings Accounts.
• Work/Life Balance: flexible paid time off, holidays, parental leave, relocation assistance.
• Health & Welfare: comprehensive medical, dental, vision, life, disability insurance, Employee Assistance Plan.
• Professional development: tuition assistance, mentorship, coaching, leadership programs.
• Collaborative workplace: inclusive culture, Employee Resource Groups, team-building activities.