Product Cost Analyst

A Snapshot of Your Day (position overview)

Join Siemens Energy’s Gas Services Central Large Generators Manufacturing team and play a key role in driving cost transparency and operational excellence.

You will establish and maintain baseline repair cost standards for new and existing products, ensuring clarity and consistency across processes. You’ll support Purchase Order creators, program managers, and repair facilities by providing pricing guidance for standard repair work scopes.

This role also contributes to digitalization initiatives, helping streamline processes and build efficiency across the organization.

How You’ll Make an Impact (responsibilities)

- Maintain existing products and processes, as well as cost standards, while also developing new products and process cost standards.

- Collaborate with repair shops and facilities to establish product and process work scopes and cost standards, support cost saving ideas throughout products life cycle.

- Quarterly Updates: work cross functionally to support products cost developments across multiple internal/External sites.

- Analysis of cost deviation to plan vs actual cost

- Support ad hoc activity for multiple sites

What You Bring (requirements)

- Bachelor’s degree in Engineering, Accounting, Finance, or a related field, with 3–5 years of experience in manufacturing controlling and cost accounting.

- Strong understanding of cost model development and the ability to interpret basic technical processes.

- Advanced proficiency in Excel and SAP; exposure to Tableau and Alteryx preferred.

- Excellent communication and collaboration skills, with the ability to simplify complex financial topics for management.

- Flexible, process-improvement oriented, and motivated to continuously develop skills.

- Applicants must be legally authorized for employment in the United States without need for current or future employer-sponsored work authorization. Siemens Energy employees with current visa sponsorship may be eligible for internal transfers.

About the Team

Gas Services

Our Gas Services division offers Low-emission power generation through service and decarbonization. Zero or low emission power generation and all gas turbines under one roof, steam turbines and generators. Decarbonization opportunities through service offerings, modernization, and digitalization of the fleet.

Who is Siemens Energy?

At Siemens Energy, we are more than just an energy technology company. With ~100,000 dedicated employees in more than 90 countries, we develop the energy systems of the future, ensuring that the growing energy demand of the global community is met reliably and sustainably. The technologies created in our research departments and factories drive the energy transition and provide the base for one sixth of the world's electricity generation.

Our global team is committed to making sustainable, reliable, and affordable energy a reality by pushing the boundaries of what is possible. We uphold a 150-year legacy of innovation that encourages our search for people who will support our focus on decarbonization, new technologies, and energy transformation.

Find out how you can make a difference at Siemens Energy: https://www.siemens-energy.com/employeevideo

Rewards

- Career growth and development opportunities; supportive work culture

- Company paid Health and wellness benefits

- Paid Time Off and paid holidays

- 401K savings plan with company match

- Family building benefits

- Parental leave

https://jobs.siemens-energy.com/jobs