Senior Engineer - Electrical Cost Estimation (R&D)

other stakeholders to achieve cost planning targets and milestones. This role requires an engineer with good negotiation, leadership, interpersonal and communication skills. Must be detail-oriented and highly organized to manage many parts across multiple projects.

Reporting to the Sr. Manager, the person in this role will lead the Cost Innovation group's objective to increase profitability by meeting cost planning targets throughout development and model life management. In this role, you must be able to understand Toyota's Cost Planning methodology and develop relationships across multiple Toyota divisions.

What you'll be doing

The primary responsibility of this role is to manage Design Department and Part Cost Planning activities to support the Cost Innovation Group's objective of achieving vehicle profitability.

• Cost Management Leader for Electrical part cost and strategy development, managing and reporting design costs to the Chief Engineer and members of Senior Management.

• Expert in electrical design part cost structure and cost drivers of parts across multiple design departments, with experience in industry best practices for electrical cost estimation.

• Generate and propose cost reduction strategies and ideas (VE/VA), conduct feasibility analysis to meet cost targets and support implementation with related groups.

• Coach and collaborate with Design team members in part cost estimation and reduction strategies.

• Develop and maintain training and estimation material for stakeholders.

• Propose and implement process improvement/kaizens, including reports to Senior management.

• Lead smaller scale cost planning projects and special assignments.

What you bring

• Bachelor of Science (or higher) degree in Engineering

• 8 years of industry experience

• Automotive electronic part and system cost estimation knowledge

• Cost modeling for hardware and software

• Demonstrated experience in Electrical Design to cost strategies

• Proven ability to effectively communicate with various departments and job levels, including TMC.

• Strong time management and task prioritization skills.

• Ability to work independently to plan, execute, and monitor project schedules to meet Cost Planning milestones.

• Experience developing operational procedures and/or maintaining current procedures.

• Clear and concise presentation skills both written and oral.

Added bonus if you have

• E xperience in electrical component and system design and cost estimation for automotive, consumer or electrical component manufacturing preferred.

• 8 years of industry experience including a minimum of 3 years Toyota experience.

• Experience with Toyota systems (SMS, SMS-BR, WARP, PIT, CENT$, PAS).

• Working knowledge of Microsoft Power BI.

• Advanced Excel experience.

• TBP Panel completion.

What we'll bring

During your interview process, our team will provide you with all the details of our industry-leading benefits and career development opportunities. A few highlights include:

• A work environment built on teamwork, flexibility, and respect

• Professional growth and development programs to help advance your career, as well as tuition reimbursement

• Team Member Vehicle Purchase Discount

• Toyota Team Member Lease Vehicle Program (if applicable)

• Comprehensive health care and wellness plans for your entire family

• Toyota 401(k) Savings Plan featuring a company match, as well as an annual retirement contribution from Toyota regardless of whether you contribute

• Paid holidays and paid time off

• Referral services related to prenatal services, adoption, childcare, schools and more

• Tax Advantaged Accounts (Health Savings Account, Health Care FSA, Dependent Care FSA)

• Relocation assistance (if applicable)

Belonging at Toyota

Our success begins and ends with our people. We embrace all perspectives and value unique human experiences. Respect for all is our North Star. Toyota is proud to have 10+ different Business Partnering Groups across 100 different North American chapter locations that support team members' efforts to dream, do and grow without questioning that they belong.

Applicants for our positions are considered without regard to race, ethnicity, national origin, sex, sexual orientation, gender identity or expression, age, disability, religion, military or veteran status, or any other characteristics protected by law.

Have a question, need assistance with your application or do you require any special accommodations? Please send an email to [email protected] .