Product Cost Analyst

For more than 100 years, Modine has solved the toughest thermal management challenges for mission-critical applications. Our purpose of Engineering a Cleaner, Healthier World™ means we are always evolving our portfolio of technologies to provide the latest heating, cooling, and ventilation solutions. Through the hard work of more than 11,000 employees worldwide, our Climate Solutions and Performance Technologies segments advance our purpose with systems that improve air quality, reduce energy and water consumption, lower harmful emissions, enable cleaner running vehicles, and use environmentally friendly refrigerants. Modine is a global company headquartered in Racine, Wisconsin (U.S.), with operations in North America, South America, Europe, and Asia. For more information about Modine, visit modine.com.
Position Description
The Product Line - Cost Analyst plays a pivotal role in driving financial accuracy, operational efficiency, and profitable growth for the Global Data Center segment. Serving at the intersection of Finance, Engineering, Manufacturing, and Supply Chain, this role oversees the cost estimating framework, ensures robust Advanced Product Quality Planning (APQP) phase-gate compliance, and accelerates commercial sales quotation activity.
The ideal candidate brings strong analytical acumen, deep expertise in manufacturing Bill of Materials (BOM) and routing structures, experience with Enterprise Resource Planning (ERP/SAP) systems, and a continuous-improvement mindset to build standardized tools, mentor junior analysts, and influence strategic operational decisions.
Key Responsibilities
APQP Governance: Oversee and manage the cost estimating function to ensure full alignment with the APQP phase-gate process across all new product introduction (NPI) initiatives within the Global Data Center segment.
Quotation Acceleration: Lead and streamline the generation of highly accurate, timely, and competitive cost estimates to support fast-paced, sales quoting activities.
Costing & Data Integrity: Conduct rigorous, proactive costing reviews to identify, investigate, and correct Bill of Materials (BOM) and routing discrepancies before estimates are finalized.
Review & Challenge: Perform critical reviews of cost estimates, challenging assumptions as appropriate to safeguard gross margin targets and ensure competitive pricing structures.
Make/Buy Strategy: Conduct rigorous financial evaluations and business cases to drive make vs. buy decisions and sourcing strategies.
Costing Tools: Design, build, and maintain user-friendly cost estimation tools
Cross-Functional Collaboration: Partner closely with Engineering, Manufacturing, and Supply Chain teams to ensure cost models reflect true shop-floor realities, supply market conditions, and operational capabilities.
Required Education & Qualifications
Bachelor’s or Associate’s degree in Mechanical/Manufacturing/Industrial Engineering or related field.
Minimum 2-3 years of Engineering experience. Experience in finance or product costing is a plus.
Strong analytical skills and proficiency in costing tools and ERP systems.
Strong experience with Microsoft Office Excel and willingness to leverage AI tools.
Excellent communication and ability to work cross-functionally in a global environment.
Why Choose Modine?
Health & Well-being
Day One
Competitive health, dental & vision insurance coverage
Employee Assistance Program
After 90 days of continuous employment
Maternity Leave (12 weeks at 100% pay)
8 weeks of short term disability leave paid at 100%
4 weeks of paid parental leave paid at 100%
Paternity Leave (4 weeks at 100% pay)
Financial Benefits
401k Retirement plan and company paid match
Life Insurance
Health Savings Account (HSA) with employer contribution
Flexible Spending Accounts (FSA)
Short Term Disability (company paid)
Long Term Disability
Work-Life Balance
Competitive time-off policies
Tuition Reimbursement
To view full benefits information: MyModine Benefits
Modine is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status, or any other characteristic protected by law. Modine provides a competitive benefit package, which could include paid vacation, short term disability, 401(k), health, dental, vision, life insurance, flex spending benefits, tuition reimbursement, Health Savings Account and much more. Human Resources will provide more detail upon your hiring.
The salary range for this position is estimated in good faith to be [minimum amount – maximum amount]. The specific offer will depend on the candidate’s qualifications, experience, and other job-related considerations but will be within the stated range. Where required by applicable law, a general description of benefits and other compensation offered for this role is also provided or made available.
This position is not eligible for any form of sponsorship (e.g. OPT or H1B visa status) now or in the future. Only individuals authorized to work in the United States now and for the foreseeable future will be considered for this position.

Work arrangement
Yes