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Senior Manager (L5) - Cost Engineer - Electrical Prop

Senior Manager (L5) - Cost Engineer - Electrical Prop

ConfidentialPune, India
5 days ago
Job description

Date : Oct 3, 2025

Location : Pune, MH, IN

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Position Summary With Job Responsibilities

Position Name Cost Engineer – Proprietary Electrical Position level Level 5

DEM position name Lead Cost Engineering DEM position level Level 4

FEM position name Not Applicable FEM position level Not Applicable

Personal Profile

Education Graduation In Engineering (MBA,ICWA Preferred)

Skills / Competencies 1. Model should cost tools and databases to develop the most cost-effective design and manufacturing options for key components or subassemblies

  • Function-cost-value analysis & cost reduction idea generation levers
  • Supply chain & value stream mapping
  • Category specific software expertise such as CAD, PLM, FormSuite, flowmold, CapitalH, Autoform, SAP etc.

Relevant Experience

  • 3 to 7 years of experience in the domain of technology type company (Auto Ancillary and manufacturing process e.g., casting, forging, electrical, electronic Plastics, Sheet Metal).
  • Good Knowledge of latest trend in technology
  • Experience in lean manufacturing or six sigma programs will considered a plus.
  • Experience in EV specific part development / Sourcing / Costing
  • Key Responsibilities

    S.N. Key Responsibility & Key Tasks Measures

    1 Develop target costing and establish detailed should cost estimates for the components (Proprietary Electrical)

  • Generate directional cost / reference cost / detail should cost targets for components based on various inputs available across product development stages
  • Mature the directional / reference cost targets of the components to detail should cost as the design evolves.
  • Independently create error free should cost models
  • Develop tooling cost estimates using should cost / reference cost models for calculating tooling should-cost, and provide inputs for Capex target setting
  • Establish target cost for the components
  • On time delivery of target cost sign off
  • % age detailed should cost coverage at various gateways
  • Directional within + / -10%, Intermediate within+ / - 5%, Detailed – 0
  • 2 Ensure / deliver design to cost and source to cost targets achievements for the component targets of programs.

  • Pursue component cost targets with engineering to achieve the design to cost targets for new programs
  • Perform cost driver analysis, design cost analysis on components to achieve design to cost targets.
  • Perform Supplier Quotation analysis with respect to should cost model and develop supplier negotiation fact pack for components
  • Perform Linear price performance models and generate opportunities to improve cost performance
  • Generate, provide valuation and syndicate cost reduction ideas based on should cost driver analysis in cost reduction workshops to achieve component subsystem cost reduction targets.
  • Benchmarking , competition should costing , best of Best cost driver analysis and its application into various projects to drive cost efficiencies
  • Perform data analysis and execute analytics based levers for idea generation (LPP, Weight Tree Cost Tree, Function Cost etc )
  • Education

    BE / B.TECH in Electrical / Electronics Engineering

    Work Experience

    Tata Motors Leadership Competencies

    Customer Centricity - Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectations

    Developing Self and Others - Recognizing continuous development is essential for success and taking steps to develop self and helping others to excel

    Driving Execution - Translating strategy into action and execution

    Leading by Example - Encouraging and following ethical standards

    Leading Change - Recognizing the need for change, initiating and adapting to change

    Motivating Self and Others - Inspiring teams and individuals

    Functional Competencies

    Tags

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    Skills Required

    Sap, Plm, Cad

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