Cost Engineer

Wärtsilä is a world leader in marine technology and leading the industry's transformation towards a decarbonised and sustainable future. With the world’s widest portfolio and service network, we – Wärtsilians - deliver efficient, safe and sustainable integrated products and solutions to enhance the business of our customers. The opportunities presented through digitalisation and new technologies are offering a new era of shipping. Did you know that shipping is the world’s most efficient mode of transportation and that approximately 80% of world trade is carried by sea?

We want to change the course towards an interconnected and cleaner maritime future and are constantly on the lookout for future-oriented talent to join our team and to work towards enabling sustainable societies through innovation in technology and services - together. Are you ready to jump onboard?

Power Supply is a business unit with over 2000 professionals in close to 20 locations globally. Our focus is centered on developing the Wärtsilä engine portfolio and ensuring high-quality supply and delivery of engines for Marine and Energy Business needs through active development of the product portfolio, driving and enabling system integration, and an uncompromised customer centricity in all activities.
 
For our Product Management and Sales Support business function, we are now looking for a motivated and experienced Cost Engineer, W25 & W20/W26.

The role is permanent, and the preferred location is Vaasa, Finland. We offer the possibility of hybrid work.
 
What will you be doing?
 
As a Cost Engineer, W25 & W20/W26 in Power Supply Product Management and Sales Support, you will play a crucial part in supporting our Product Cost-down initiatives and ensuring the cost competitiveness of our products. You will work closely with the Technical and Commercial Manager for the product to achieve our set product development and profitability goals. Reporting to the Head of Product Management & Product Owner, W25 & W20/W26, you will have the opportunity to contribute to the success of our organisation.
 
Your responsibilities for the role include, but are not limited to:
 

• Working closely with product and technical management to improve the product cost structure and identify ideas for product cost reduction
• Taking accountability for product design change cost analysis, product cost-down roadmap, product material (change) roadmap, product cost benchmarking reports, and data reliability of product data
• Chairing the Product Line cross-functional team meeting to monitor and coordinate cost-down activities
• Following up on the cost gate model for the new design introduction
• Monitoring product cost development against business case and product cost target
• Maintaining the basic product concept and participating in the development of the product cost model
• Updating product price lists (including options) according to the MP Product costing directive
• Providing support for pricing of new products and special applications
• Checking BOM correctness (including new releases) and making or buying variations
• Conducting monthly product cost analysis
• Checking and approving rolling forecast data for own products
• Assessing product cost reporting and initiating and suggesting changes to processes or tools
• Reviewing cost calculations and estimating margins for new and ongoing projects
• Preparing material for Product Portfolio Management forums

 
To be able to succeed in the position, we expect you to have:
 

• Relevant academic background
• Understanding of the product and technical requirements related to cost, product competitiveness, and value proposition
• Solid fact-based decision-making skills
• Excellent communication and negotiation skills
• Financial understanding
• Proactive and positive can-do attitude
• Experience working in a cross-functional setting and managing stakeholder requirements
• A track record from similar positions is considered an advantage
   

Why you and us? 

We at Wärtsilä believe in empowerment, ownership and taking responsibility of our work. We support each other’s growth and co-creation is the true basis of our innovation. We have courage to see opportunities and take initiative. 

We are authentic and honest, and we strongly believe in that by being your own true self you can accomplish so much more. We don’t always get it right the first time, and if mistakes are made, we make sure to learn and grow from them. We want everyone to voice their opinions freely. That is why we have built an environment that empowers you and everyone around you, and where you can feel safe and cared for. Are you eager to be part of this ambition? 

We have an amazing team and we are excited about our work and the impact it has on building sustainable societies. We are looking to find a colleague with this shared passion for smart technologies and a sustainable future. 

Contact & next steps 

We hope to hear from you soon, by submitting your application through our careers portal. We aim to keep you updated on the process throughout. 

For further questions please reach out to Lucas Esselström, Head of Product Management & Product Owner, W25 through lucas.esselstrom@wartsila.com with any questions related to this position (only for questions from direct job applicants, applications through email will not be recorded or responded to). 

Welcome to join us in shaping the decarbonisation of marine and energy!

Last application date: 24/10/2024 

At Wärtsilä we value, respect and embrace all our differences, and are committed to diversity, inclusion and equal employment opportunities; everyone can be their true self and succeed based on their job-relevant merits and abilities. 

All new Wärtsilä employees in Finland will attend occupational health check, including the drug test/screening. The legislation of the country followed when person is located outside of Finland

This is Wärtsilä 

Wärtsilä is a global leader in innovative technologies and lifecycle solutions for the marine and energy markets. Our team of 17,800 professionals, in more than 280 locations in 79 countries, shape the decarbonisation transformation of our industries across the globe. Read more on www.wartsila.com.