Costing Engineer

Engineer: Costing Expert

Location: Pune
Experience: 10–15 years

Your Role

As a Costing Expert, you will play a key role in managing vehicle cost, supporting product teams, and driving cost optimization strategies for automotive components. You will work closely with cross-functional teams to establish cost targets, perform detailed costing analysis, and support sourcing decisions.

In this role, you will:

• Manage vehicle cost and support product teams for Sheetmetal and Plastic parts.
• Perform directional costing and should-costing using tools like Apriori, Siemens TcPCM, and Excel-based methods.
• Apply global should-costing practices and maintain an offline global costing database for material, machining, labor, and logistics.
• Support renegotiation and vendor rationalization initiatives.
• Establish cost assessment work plans aligned with program milestones.
• Collaborate with Purchasing for Sheetmetal and Plastic components; OEM experience is an advantage.
• Coordinate costing activities across functions to gather required inputs.
• Work on costing of standard parts and proprietary items.

Your Profile

• Education: BE in Mechanical or Automotive Engineering.
• Experience: 10–15 years in costing and sourcing for automotive parts.
• Strong knowledge of costing methods and automotive systems.
• Expertise in static and dynamic costing techniques, including directional and should-costing.
• Familiarity with tools like Apriori, Siemens TcPCM, and Excel-based costing methods.
• Ability to manage cost assessment processes and establish cost targets.
• Experience in automotive sourcing and working with Purchasing teams.
• Aptitude for adopting new technologies in costing.

What You’ll Love About Working Here

• Opportunity to work on advanced costing methodologies for global automotive programs.
• Collaborative environment with exposure to cross-functional teams.
• Continuous learning and adoption of innovative tools and processes in costing.