Product Cost Engineer I

Join Komatsu and be part of something big! The Product Cost Engineer partners with Engineering, Manufacturing, Supply Chain, and Finance to develop accurate, data-driven product cost models and drive cost reduction across the product lifecycle. This role owns costed Bills of Material (BOMs) and routings, performs should-cost and variance analyses, and supports design-to-cost, sourcing, and continuous improvement initiatives. The position provides cost transparency and structured analysis that enables fact-based decision-making across product development, operations, and procurement.

Key Job Responsibilities

Product Cost Modeling & Estimating
Design-to-Cost & Cost Reduction
Variance & Financial Analysis
NPI, Change Management & Quoting
Cross-Functional & Process Support

Qualifications/Requirements

Bachelor's degree in engineering (Mechanical, Industrial, Manufacturing, or related field) or equivalent experience.
2+ years of experience in cost engineering, product costing, manufacturing engineering, or related roles in a manufacturing environment.
Working knowledge of manufacturing processes (machining, welding/fabrication, casting/forging, assembly, etc.).
Strong analytical skills with the ability to build and clearly communicate cost models in Excel.
Experience with ERP systems (SAP, Oracle, JD Edwards, Dynamics, etc.) and costed BOM/routing structures.
Strong written and verbal communication skills appropriate for all levels of the organization.

Hiring Range

At Komatsu, your base pay is one part of your total compensation package. This role pays $67,400 - $84,500. The actual offer will consider a wide range of factors, including experience and location.

Company Benefits

Komatsu provides an extensive and robust employee benefits package that is designed to enhance the well-being of our employees and family members. We embrace a positive and empowering employee experience with a culture that prides itself on a diverse and inclusive environment.

Diversity & Inclusion Commitment

At Komatsu, we come from diverse backgrounds, with unique perspectives, experiences and contributions. We believe that our people are part of our shared purpose. Connected by our core values of ambition, perseverance, collaboration and authenticity, we are committed to continually advancing in our support of diversity and inclusion.

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Product Cost Engineer I