Cost Engineer – SME

Cost Engineer – SME (BSL)

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The Cost Engineer – SME serves as the group’s leading authority on cost estimation, cost control, and project financial performance across all defense manufacturing subsidiaries and JVs. The role ensures that project and production costs are accurately planned, monitored, and optimized in alignment with corporate strategies, defense contract requirements, and lifecycle cost objectives.

This position establishes group-wide cost engineering frameworks, estimation standards, and control methodologies to improve cost transparency, budget discipline, and profitability across defense programs and factories.

Key Responsibilities

• Develop and enforce standardized cost engineering policies, procedures, and tools across all subsidiaries and JVs.
• Support corporate and subsidiary leadership in budget planning, cost analysis, and cost optimization strategies.
• Ensure all factories adhere to consistent cost tracking and reporting methodologies aligned with defense program management standards.
• Act as the corporate advisor on cost control, financial forecasting, and cost-performance measurement.
• Lead the development of should-cost and life-cycle cost models for new defense products and programs.
• Prepare independent cost estimates (ICEs) and bid cost analyses to support strategic decision-making and contract negotiations.
• Validate and standardize cost breakdown structures (CBS) and work breakdown structures (WBS) across programs.
• Analyze and benchmark labor, material, and overhead rates across factories to identify efficiency opportunities.
• Oversee cost tracking and variance analysis at project and factory levels.
• Support subsidiaries in implementing earned value management (EVM) and other cost-performance control systems.
• Develop and manage cost dashboards for executive reporting on budget status, forecasts, and deviations.
• Provide expert review and validation of cost-to-complete and cost-at-completion projections.
• Work closely with engineering, production, procurement, and finance teams to ensure cost accuracy across design, manufacturing, and delivery phases.
• Coordinate with program managers and bid teams to ensure realistic cost baselines for defense proposals.
• Support the digital transformation of cost management by defining system requirements and integration standards within ERP, EVM, or PLM environments.
• Lead cost reduction and value engineering initiatives across subsidiaries and JVs.
• Develop and deliver training programs for cost engineers and project controllers across the group.
• Establish a knowledge-sharing platform for best practices in cost modeling, estimation, and reporting.
• Identify cost risks and opportunities to improve overall financial performance and competitiveness.

Qualifications and Experience

Key Performance Indicators

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