Senior Cost Planning Engineer

Honda North America
$88,800.00 - $133,200.00
paid time off, tuition assistance, tuition reimbursement, 401(k), relocation assistance
United States, Ohio, Raymond
Feb 17, 2025
What Makes a Honda, is Who makes a Honda Honda has a clear vision for the future, and it's a joyful one. We are looking for individuals with the skills, courage, persistence, and dreams that will help us reach our future-focused goals. At our core is innovation. Honda is constantly innovating and developing solutions to drive our business with record success. We strive to be a company that serves as a source of "power" that supports people around the world who are trying to do things based on their own initiative and that helps people expand their own potential. To this end, Honda strives to realize "the joy and freedom of mobility" by developing new technologies and an innovative approach to achieve a "zero environmental footprint." We are looking for qualified individuals with diverse backgrounds, experiences, continuous improvement values, and a strong work ethic to join our team. If your goals and values align with Honda's, we want you to join our team to Bring the Future! Job Purpose To achieve HDMA business targets, it is critically important to determine whether a given part/system design is cost competitive and a reasonable value for the money. The Cost Coordinator performs a key role by analysing and assembling data to construct materials to support the proposals or arguments being made by the Cost Planning Engineer. For example, 1) Review the accuracy of cost estimates generated or received. 2) Harvest the benchmarking database and pull relevant examples adjusting appropriately for conditions in order to enhance Honda's proposal. 3) Allocate Cost and Investment appropriately so changes from old to current cost condition can be explained. 4) Accurately upload part data to the Ahead system so the Category and Unit can be rolled up efficiently resulting in a highly credible cost report. Key Accountabilities Cost-Planning Coordination: Manage collaboration with all stakeholders (design-purchasing-supplier) to gain consensus on part-by-part cost estimates, track the cost maturation in real time, identify gaps and address them by organizing follow-up discussions. Regularly monitor that strategies are being applied consistently with the assumptions necessary to achieve the cost target. Collaborate with the Cost Planning Engineer to drive all cost activity to completion according to schedule. Analysis: Compare Honda parts' Cost/Performance positioning vs. other OEM competitors. Where gaps exist, determine the characteristics driving the cost differences and identify opportunities for improvement. Envision the total story - why the gap exists, and what should we do about it. Persuade others while enhancing the argumentation so that a compelling case can be made. R-themes support: For Themes that significantly impact cost or investment, perform benchmarking of the competitive field and study the functionality and cost effectiveness of similar solutions. Establish a business case for the proposal, ensure that the target is reasonable and achievable or raise a concern if the business merit does not exist. Consult with and inform the Cost Engineer in this task. Perform other related duties as assigned or requested. Workstyle Hybrid: At least 3 days per workweek at the aforementioned Honda corporate office in Ohio Qualifications, Experience, and Skills Bachelor's degree in Engineering field or equivalent experience. Minimum 5 years of relevant experience, ideally in product development. Knowledge of part materials and manufacturing process. Understanding of manufacturability of a particular design. Advanced CATIA skill for construction, layout and proposal making. MS Excel, PowerPoint for analysis and reporting. Works well in a Team setting or independently in a fast-paced environment. What differentiates Honda and make us an employer of choice? Total Rewards: Competitive Base Salary (pay will be based on several variables that include, but not limited to geographic location, work experience, etc.) Paid Overtime Regional Bonus (when applicable) Industry-leading Benefit Plans (Medical, Dental, Vision, Rx) Paid time off, including vacation, holidays, shutdown Company Paid Short-Term and Long-Term Disability 401K Plan with company match + additional contribution Relocation assistance (if eligible) Career Growth: Advancement Opportunities Career Mobility Education Reimbursement for Continued Learning Training and Development programs Additional Offerings: Tuition Assistance & Student Loan Repayment Lifestyle Account Childcare Reimbursement Account Elder Care Support Wellbeing Program Community Service and Engagement Programs Product Programs Free Drinks Onsite Honda is an equal opportunity employer and considers qualified applicants for employment without regard to race, color, creed, religion, national origin, sex, sexual orientation, gender identity and expression, age, disability, veteran status, or any other protected factor.