[Hiring] Senior Principal Should Cost Engineer @RTX

Role Description

This Senior Principal Should Cost Engineer will be a part of a team that will be designing, building and operationalizing a should cost capability that drives cost transparency to our sourcing team for supplier negotiations across multiple components, aircrafts and defense products and subsystems.

• Lead cost modeling and benchmarking activities spanning complex assemblies and parts.
• Utilize aPriori significantly as well as home-grown regression models and still to be developed models.
• Should costing and should cost modeling for all commodities including:
  • Supplier designed equipment
  • Electronics
  • Composite and other more difficult should costing commodities
• Should costing components and assemblies, translating engineering drawings and models into costed elements (material, labor, OH, tooling, logistics).
• Develop and maintain cost roll-ups and drivers at appropriate levels of granularity to support negotiations.
• Create assumptions and cost driver logic.
• Use historical data to create forward-looking models when should costing software is not available.
• Validate and calibrate models at appropriate intervals.
• Train new users of software or models and help/contribute to upgrading standard work.
• Conduct should cost assessments on parts with software called aPriori.
• Potential travel with Supply Chain managers occasionally, however, minimal.

Qualifications

• Typically requires a degree in Science, Technology, Engineering or Mathematics (STEM) and minimum 10 years prior relevant experience, or
• An Advanced Degree in a related field and minimum 7 years of experience, or
• In absence of a degree, 14 years of relevant experience.
• Experience with Geometric Dimensioning and Tolerancing for engineering drawings reading and interpretation.
• Costing or design to cost experience.
• Experience with should cost tools.

Requirements

• Programming experience (VB, SQL, Python).
• Experience in aerospace/defense procurement or engineering.
• Experience with big data sets or data analytics.

Benefits

• Robust total rewards package with compensation.
• Healthcare, wellness, retirement and work/life benefits.
• Career development and recognition programs.
• Parental (including paternal) leave.
• Flexible work schedules.
• Achievement awards.
• Educational assistance.
• Child/adult backup care.