10 Apr 2026

Industrial Cost Engineer

Philips

Drachten

10 Apr 2026

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Industrial Cost Engineer needed in Drachten to analyze and optimize product and factory cost structures. Requires a Master's degree in Finance, Engineering, Business or related field and 3-5 years of experience in cost engineering, controlling, or manufacturing finance. Strong analytical skills and experience with ERP systems (SAP preferred) are essential.

On-siteFull-timeMid LevelCost EngineeringControlling

Industrial Cost Engineer

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On-siteFull-timeMid LevelCost Engineering

Salary

Not specified

Work Location

Drachten, Friesland, Netherlands, NL

Work Model

Onsite role requiring full-time presence in the company's facilities

Experience Required

5 years

Employment Type

Full-time

Experience Level

3–5 years of experience in cost engineering, controlling, or manufacturing finance

Core Qualifications

Technical (Must-have)

Cost engineeringControllingManufacturing financeAnalytical skillsCost breakdownsScenario analysisBudgetingForecastingLong-term planningCost transparency

Soft Skills

Attention to detailAbility to work cross-functionallyCommunicationStrong ownership mindsetStructuredData-drivenProactive problem solverResilientTeam playerStakeholder management

Tools (Must-have)

ERP systemsSAPExcel

Key Responsibilities

•Develop and maintain Factory Cost Prices (FCP) and product cost calculations
•Analyze cost breakdowns (material, direct labor, overhead, logistics)
•Support monthly closing activities related to cost analysis and variance reporting
•Identify cost-saving opportunities and productivity improvements
•Perform scenario analysis (volume changes, rate updates, investments)
•Partner with Operations, Finance, Supply Chain, Engineering, and Procurement
•Support budgeting, forecasting (AOP, FC), and long-term planning
•Contribute to cost transparency during new product introductions and transfers

Industrial Cost EngineerCost EngineeringManufacturingFinanceSAPAnalyticalFull-timeOn-sitePhilipsHealthcare

Core Qualifications

Technical (Must-have)

Cost engineeringControllingManufacturing financeAnalytical skillsCost breakdownsScenario analysisBudgetingForecastingLong-term planningCost transparency

Soft Skills

Attention to detailAbility to work cross-functionallyCommunicationStrong ownership mindsetStructuredData-drivenProactive problem solverResilientTeam playerStakeholder management

Tools (Must-have)

ERP systemsSAPExcel

Key Responsibilities

•Develop and maintain Factory Cost Prices (FCP) and product cost calculations

•Analyze cost breakdowns (material, direct labor, overhead, logistics)

•Support monthly closing activities related to cost analysis and variance reporting

•Identify cost-saving opportunities and productivity improvements

•Perform scenario analysis (volume changes, rate updates, investments)

•Partner with Operations, Finance, Supply Chain, Engineering, and Procurement

•Support budgeting, forecasting (AOP, FC), and long-term planning

•Contribute to cost transparency during new product introductions and transfers