[Hiring] Principal Should Cost Engineer @RTX

Role Description

The 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 all of RTX products and commodities.

• 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.
• Conduct should costing and should cost modeling for 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 8 years prior relevant experience or an Advanced Degree in a related field and minimum 5 years of experience or in absence of a degree, 12 years of relevant experience.
• Experience in should costing or designing to cost.
• Experience with engineering drawing, reading, and interpretation.
• Experience with SAP or other ERP system.

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.