Principal Cost Engineer - Design to Value

About Carrier
Carrier Global Corporation, global leader in intelligent climate and energy solutions, is committed to creating innovations that bring comfort, safety and sustainability to life. Through cutting-edge advancements in climate solutions such as temperature control, air quality and transportation, we improve lives, empower critical industries and ensure safe transport of food, lifesaving medicines and more. Since inventing modern air conditioning in 1902, we lead with purpose: enhancing the lives we live and the world we share. We continue to lead because of our world-class, inclusive workforce that puts the customer at the center of everything we do. For more information, visit corporate.carrier.com or follow on Carrier social media at @Carrier.
About this role
This is a high visibility role for a cost champion that impacts the business with a positive outlook, has strong influencing abilities, and has a bias for driving action. This role will collaborate with and influence key stakeholders in engineering, sourcing, operations, and in specific business units within Carrier. The ideal candidate will have technical, and cost knowledge required to understand the impacts of design, supply chain, and manufacturing changes on the material cost of parts, subassemblies, and finished products.
Key Responsibilities
Champion and lead VAVE activities and global cost reduction initiatives across Carrier’s multiple business units.
Plan, lead and facilitate the execution of VAVE cost events, coordinating, and indirectly leading resources across the global business units to achieve material productivity targets for the organization.
Provide subject-matter expertise in product design for value and cost, and assist in the evaluation, scoping, and maturing of key cost-out projects as identified during the year.
Deliverables will include developing a project pipeline process of vetted, ready-to-implement cost-savings opportunities for the business.
Required Qualifications
Associate’s degree with 7+ Years of experience in material productivity or Bachelor’s degree with 3+ Years of experience in material productivity.
2+ years of experience with Value Analysis / Value Engineering (VAVE), product cost reduction, material cost optimization, or cost savings initiatives.
Up to 25% travel to global sites to lead and facilitate cost reduction events
Preferred Qualifications
Bachelor’s degree in engineering, or similar technical track
Comfortable leading events with large numbers of participants from engineering, supply chain, manufacturing, and supplier representatives
Intermediate Program Management experience, developing and executing program plans with product development and/or cost reduction initiatives, resource planning, and budgeting
Experience with should costing software tools like aPriori, Tset or similar software tools also would be beneficial.
Strong experience working with factories in implementing mechanical or electrical designs. Experience analyzing Bill of Materials (BOMs), drawings, etc.
Experience leading, planning, and facilitating VAVE events.
Creativity and innovative thinking will be key to success in this role
Strong organizational, verbal, and written communication skills and ability to work across organizational functions including Engineering, Quality, Sourcing, and Operations
Knowledge of industry suppliers, fabricators, and other resources that can be evaluated for potential opportunities would be a plus
Strong facilitation, team building, collaboration, negotiation, and conflict resolution skills
Ability to prepare and deliver key program metrics and internal/external presentations
Experience in product development engineering, supply chain, and manufacturing are all beneficial.
PTC Creo experience
MRP Experience
Proficiency in MS Office including Word, PowerPoint and Excel
Location & Work Arrangement
Preferred Locations: Palm Beach Gardens, FL | Charlotte, NC | Indianapolis, IN | Fort Wayne, IN | Syracuse, NY
Remote Flexibility: Flexible remote options are available for candidates based in the Eastern (EST) or Central (CST) time zones.
Relocation: Relocation assistance is available.
Pay Range
The annual salary for this position is between $96,000.00 - $192,000.00 annually. Factors which may affect pay within this range include, but are not limited to, skills, education, experience, and other unique qualifications of the successful candidate. The pay range will not be below the minimum wage applicable to the jurisdiction in which the applicant is to be employed.
Other Compensation
This position is entitled to short-term cash incentives, subject to plan requirements.
Benefits
Employees are eligible for benefits, including:
Health Care Benefits: Medical, Dental, Vision; Wellness incentives
Retirement Benefits
Time off and Leave: Paid vacation days, up to 15 days; paid sick days, up to 5 days; paid personal leave, up to 5 days; paid holidays, up to 13 days; birth and adoption leave; parental leave; family and medical leave; bereavement leave; jury duty leave; military leave; purchased vacation
Disability: Short-term and long-term disability
Life Insurance and Accidental Death and Dismemberment
Tax-Advantaged Accounts: Health Savings Account; Health Care Spending Account; Dependent Care Spending Account
Tuition Assistance
To learn more about our benefits offering, please click here Work with us | Carrier Corporate. The specific benefits available to any employee may vary depending on state and local laws and eligibility factors, such as date of hire and the applicability of collective bargaining agreements.
Carrier EEO Statement and Accommodations Process
Carrier 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, age, disability or veteran status or any other applicable state or federal protected class. Carrier provides affirmative action in employment for qualified individuals with a Disability and Protected Veterans in compliance with section 503 of Rehabilitation Act and the Vietnam Era Veterans' Readjustment Assistance Act.
If you require a reasonable accommodation to complete the application process, participate in an interview, or otherwise engage in the hiring process, please contact us at Carrier.Recruiting@carrier.com. We will make every effort to meet your needs in accordance with applicable laws.
Application Deadline
Applications will be accepted for at least 3 days from Job Posting Date: 16 October 2026
Job Applicant's Privacy Notice
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Use of AI
Technology-enabled tools may support parts of the recruitment process, with oversight by people.