Product Cost Analyst

Responsibilities

• Use advanced cost models to calculate and optimize the technical cost of products and assemblies
• Identify and analyze key cost drivers, proposing design and process improvements to reduce costs
• Support the engineering team in adopting a design-to-cost mindset throughout the product lifecycle
• Collaborate with sourcing and procurement teams to provide negotiation support via robust cost breakdowns and "should cost" analyses
• Lead or contribute to technical and economic business cases, benchmarks, and target cost setting for tenders and projects
• Promote a cost-conscious culture and share best practices across engineering, industrial, and sourcing teams

Requirements

• Bachelor’s degree in Engineering (Mechanical, Industrial, or a related field)
• Minimum 8 years of experience in industry or product development roles
• Strong knowledge of industrial processes, costing methodologies (should cost/could cost), and value engineering
• Experience with costing tools and engineering software such as APriori, DMA, or CATIA
• Knowledge of sheet metal materials, grades, and manufacturing and assembly processes
• Understanding of quality gates (V-Cycle) and functional analysis
• Excellent analytical, critical thinking, and communication skills
• Fluency in English

Preferred Qualifications

• Previous experience in the railway, automotive, or aerospace industries

Benefits

• Long-term career stability and opportunities for professional growth
• Access to award-winning learning and development programs
• Flexible and inclusive working environment
• Competitive reward package including life, medical, and pension coverage

About the Company

Alstom is a global leader in the transport industry, providing a broad portfolio of solutions including high-speed trains, metros, monorails, trams, and digital mobility systems. With 80,000 colleagues worldwide, we are committed to leading the way to greener and smarter mobility by connecting cities and reducing carbon emissions.