Product Cost Analyst

About the Role

Remote vs. Office
Hybrid (Remote/Office)
Siemens Energy S.r.l.
EVP Global Functions
Business Unit
Competence Hub
Full / Part time
Experience Level
Mid-level Professional

A Snapshot of Your Day 

As Product cost- and R&D impact analyst for the world's No. 1 in high voltage technology you will support the Product Life Cycle Management department with your expertise in all product cost topics.

You will communicate with a variety of departments and stakeholders across all functions and provide accurate and relevant analysis on product cost data. In this role, you will also support the automation of data analysis and simplification of processes related to product costing.

How You’ll Make an Impact 

  • Support product management in their decision making on best portfolio elements by providing transparent product cost calculations as well as in defining calculation references and setting product target costs
  • Analyze product costs of different products worldwide and define together with product manager measures for product cost optimization
  • Support R&D project management by continuously product cost tracking and reporting
  • Calculate different cost scenarios to identify risks and opportunities
  • Provide support to different product managers in Business impact evaluation
  • Drive automatization in data analysis and simplify processes in regard of costing and business impact
  • Responsible for business cases together with product managers

What You Bring

  • University degree in Business Engineering, Business Administration or comparable
  • Professional Experience: 2 to 3 years of operational experience in costing or purchasing
  • Experience in working with different departments and corporate functions
  • Good knowledge of ERP, preferably SAP and experiences with databases and Excel
  • Being proactive, dynamic, decisive & results-oriented, as well as a team player with strong interpersonal skills
  • International experience either outside of the home country or in a global organization is a clearly benefit
  • Advanced communications skills in English, German is a plus
  • Flexibility to work in the environment of a global company e.g training in Germany

About the Team

"Let’s make tomorrow different today" is our genuine commitment at Siemens Energy to all customers and employees on the way to a sustainable future.

Within our project organization we drive the energy transition by managing, engineering and constructing big electricity infrastructure projects.

We work on customized solutions for power plants, whether it is the most efficient conventional power generation, industrial application for process steam or heat generation, hybrid solutions including renewable energy and their integration or making big steps toward decarbonation with hydrogen producing plants or environmentally friendly power generation on ships and barges. Further we are EPC contractor for high voltage converter stations -whether it is onshore or offshore- for transmission highways, high voltage substations and other grid technology projects to make electricity supply fit for future.

Who is Siemens Energy? 

At Siemens Energy, we are more than just an energy technology company. We meet the growing energy demand across 90+ countries while ensuring our climate is protected. With more than 92,000 dedicated employees, we not only generate electricity for over 16% of the global community, but we’re also using our technology to help protect people and the environment. 

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. 

Our Office

Siemens Energy's location in One Cotroceni Park is more than just an office space - it's a hub for a vibrant and thriving community. Nestled in the heart of Bucharest, this urban  development is the perfect place to work, surrounded by green spaces, shopping destinations, and everything the city center has to offer. And with the Academia Militara subway station just a 3-minute walk away, getting around the city has never been easier.

Our Commitment to Diversity 

Lucky for us, we are not all the same. Through diversity we generate power. We run on inclusion and our combined creative energy is fueled by over 130 nationalities. Siemens Energy celebrates character – no matter what ethnic background, gender, age, religion, identity, or disability. We energize society, all of society, and we do not discriminate based on our differences. 


  • Your lunch with SE meal tickets
  • Keep your brain fit with our trainings
  • Special for books lovers - Bookster
  • Stay safe and healthy with our medical subscription
  • Think about your future too with Privat Pension Pilon III
  • Take care of yourself with our Wellbeing Initiatives

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