Senior Manager-Cost Management, Product Line

Purpose of the Role

The cost manager will drive end-to-end cost governance by managing cost books, evaluating cost impacts, optimizing budgets, and enabling datadriven decision-making across product development. The role ensures cost efficiency through close collaboration with engineering, purchase, finance, and operations teams, supporting new programs, VAVE initiatives, and longterm business planning.

Job Responsibility

• Cost Book Preparation, monitoring and updating for including new SOR Part numbers
• Tracking of Budget requests on daily basis and map Pendency status
• Evaluation for cost impact and clearance of DCR in pFirst / PLM system
• Go Fast system clearance for Tooling Cost budgets
• Create Should Cost request (Cost Engineering) in pFirst system for new parts
• Share Should Cost with Purchase Buyer and facilitate discussion to meet Should Cost
• Work with ERC CoC for getting required clarity on new parts to optimize the cost
• Work closely with Purchase buyers for optimizing Budget requests
• Maintain and update the cost data of existing Programs as reference for new Programs
• Periodic PO Price data mapping from SAP for latest DMC updates
• Periodic mapping of occurrence & commitment reports for meeting annual targets
• Periodic coordination with FIAL Fin team for the glider cost rollup
• Periodic mapping of RM base (with Purchase support) & FOREX movement for Biz Case sensitivity mapping
• Support Product Planning Group for KO Gateway deliverables
• Work with the operations team for achieving the VAVE cost reduction target.

Desired Candidate ProfileDesired Candidate Profile

• 5-10 years of experience in cost management/cost engineering/purchase functions.
• Costing expertise in chassis commodity- Steering, Axle, gears, brakes.
• In-depth knowledge of costing, trends, and markets
• Experience of Coordination with vehicle integration , ERC, Purchase, AQ, and mfg. engg.

Skills & Competencies

• Driving execution
• CFT approach
• Cost management
• Well versed with MS EXCEL, PowerPoint
• Communication