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HARMAN International

Principal Engineer, Product Target Costing

HARMAN International

Principal Engineer implementing HARMAN’s Target Costing for automotive electronic systems. Driving cost transparency and collaborating with global teams in engineering and finance.

Posted 6/5/2026full-timeShanghai • 🇨🇳 ChinaLeadWebsite

Tech Stack

Tools & technologies
ERP

About the role

Key responsibilities & impact
  • Owner of Target costing system/process/framework for Automotive passenger electronic systems
  • Lead, drive HARMAN Target Costing methodology for programs
  • Translate customer target prices into system, module, and component-level target costs
  • Identify, lead and track cost gaps, risks, and opportunities
  • Drive cross program standards for cost closure actions with cross-functional stakeholders
  • Ensure target cost alignment at key program milestones
  • Develop, shape independently and maintain Target-cost models for HW, SW, and manufacturing
  • Analyze BOMs, architectures, and manufacturing concepts
  • Perform benchmarking and competitive cost analysis
  • Identify value engineering opportunities and lead it through CVM process
  • Support value workshops and cost reduction initiatives
  • Contribute to reuse, modularization, and standardization strategies.

Requirements

What you’ll need
  • Bachelor’s or master’s degree in industrial engineering, Business Engineering or related field
  • 7+ years of experience in Target costing, cost engineering, product costing, or similar
  • Prior proven experience on Automotive cost management
  • Deep technical understanding of Automotive electronics or Display
  • Strong exposure to Automotive cost structures and product lifecycle
  • Analytical, stakeholder management, and communication skills
  • Ensure a sustainable knowledge Transfer globally and succession
  • Proactive Consistent user experience and foster high adoption
  • Beyond the line analytical skills in competitive benchmarking and cost modeling; advanced Excel proficiency.
  • Bonus Points if You Have Tier1 electronic system experience
  • Solid technical understanding of Automotive acoustics
  • Tear down benchmark background
  • Knowledge on 3rd party relevant tools
  • Familiarity with CRM/ERP systems is an advantage
  • Proven ability to coordinate across multiple departments and drive alignment.
  • AI machine learning applicable Method.

Benefits

Comp & perks
  • Flexible work environment
  • Access to employee discounts on world-class Harman products (JBL, HARMAN Kardon, AKG, etc.)
  • Extensive training opportunities through our own HARMAN University
  • Competitive wellness benefits
  • “Be Brilliant” employee recognition and rewards program
  • An inclusive and diverse work environment that fosters and encourages professional and personal development.

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
Target costingcost engineeringproduct costingcompetitive benchmarkingcost modelingadvanced Excelvalue engineeringBOM analysisautomotive electronicsautomotive acoustics
Soft Skills
analytical skillsstakeholder managementcommunication skillsproactive user experienceknowledge transfercross-functional collaborationleadershipproblem-solvingstrategic thinkingadaptability