Senior Technical Cost Engineer

Career Area:

Engineering

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Join Caterpillar as a Senior Technical Cost Engineer (internally known as a Senior Design Engineer)!

At Caterpillar, our Earthmoving products—such as Medium Tractors, Wheel Loaders, Motor Graders, and Paving Products—help shape the world’s infrastructure. As a Senior Technical Cost Engineer, you’ll play a key role in making these machines more cost-effective, efficient, and innovative.

If you're a self-starter with strong analytical skills, a collaborative mindset, and the ability to communicate complex ideas clearly, this is your opportunity to make a real impact. Your work will influence product design, sourcing, and manufacturing decisions across global teams.

What You Will Do:

• Collaborate with managers across Concurrent Product and Process Development (CPPD) and cost management teams to identify cost opportunities and provide both strategic and tactical support.
• Deliver cost insights and feasibility studies to drive improvements in design, manufacturing processes, and sourcing strategies.
• Analyze and present cost reduction opportunities, including quality trade-offs and insights from should-cost reviews.
• Focus on specific categories—such as castings, non-metallic materials, and harnesses—and targeted systems or components for both baseline and new designs.
• Summarize and present cost analysis findings and recommendations to support informed decision-making across CPPD teams.
• Support cost initiatives including New Product Introduction (NPI), New Source Introduction (NSI), and Operating Profit After Capital Charge (OPACC) improvement projects.
• Participate in cost-related events such as Rapid Improvement Workshops (RIW), Value Analysis/Value Engineering (VAVE), and Low-Cost Producer (LCP) initiatives, and contribute to global collaboration efforts through the International Collaboration Team (ICT).
• Provide coaching and training on cost analysis tools and methodologies, including the use of tools within the Should-Cost and RPM (Rapid Product Modeling) frameworks.
• Demonstrate strong communication skills and flexibility to work across diverse teams, adapting to changing priorities and driving alignment across functions.

What You Have (Basic Qualifications):

• Education: Bachelor's degree in Engineering, Technical Curriculum, or Finance with hand-on experience in manufacturing or heavy equipment.
• Strong analytical thinking: Hands-on experience in cost analysis, cost modeling, and identifying value-driven opportunities across product development and manufacturing.
• Effective communication skills: Ability to clearly convey complex technical and financial information to cross-functional teams and stakeholders.
• Proven ability to manage multiple priorities and projects: Proven ability to manage multiple priorities and projects, demonstrating strong organizational skills, time management, and the flexibility to adapt in a dynamic, fast-paced environment.

Top Candidates Will Have:

• A track record of using data-driven insights to influence product design, sourcing, or manufacturing decisions.
• Demonstrated strong organizational skills, time management, and the flexibility to adapt in a dynamic, fast-paced environment.

Additional Info:

• Office Model: This position requires the employee to work a 5-day-a-week schedule in the office.
• Travel: 15% domestic and international travel is expected.
• Relocation: Domestic relocation will be available to those who qualify.
• ISE: ISE assignments are not available.
• Visa Sponsorship: Visa sponsorship is not available.

Summary Pay Range:

$110,520.00 - $165,840.00

Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar.

Benefits:

Subject to plan eligibility, terms, and guidelines. This is a summary list of benefits.

• Medical, dental, and vision benefits*

• Paid time off plan (Vacation, Holidays, Volunteer, etc.)*

• 401(k) savings plans*

• Health Savings Account (HSA)*

• Flexible Spending Accounts (FSAs)*

• Health Lifestyle Programs*

• Employee Assistance Program*

• Voluntary Benefits and Employee Discounts*

• Career Development*

• Incentive bonus*

• Disability benefits

• Life Insurance

• Parental leave

• Adoption benefits

• Tuition Reimbursement

* These benefits also apply to part-time employees

Relocation is available for this position.

Visa Sponsorship is not available for this position. This employer is not currently hiring foreign national applicants that require or will require sponsorship tied to a specific employer, such as, H, L, TN, F, J, E, O. As a global company, Caterpillar offers many job opportunities outside of the U.S which can be found through our employment website at www.caterpillar.com/careers.

Posting Dates:

August 11, 2025 - August 24, 2025

Any offer of employment is conditioned upon the successful completion of a drug screen.

Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities. Qualified applicants of any age are encouraged to apply.

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