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10.0 - 12.0 years
5 - 9 Lacs
Thane
Work from Office
What will you do As lead of costing function for the AIS Operations at the factory in Kalwa - Arioli, Thane Maharashtra under Electrification and Automation business unit in Smart Infrastructure in India and will be responsible for leading costing team. As an active member you would be directly responsible to ensure a high level of accuracy in product cost and ensure proper product cost controlling. You would be leading four-to-five-member team responsible for topics related to product costing, cost controlling and various SAP masters related to factory function. The key deliverables and responsibilities would be the following: Product Costing Directs and participates in Product costing & controlling of medium voltage product. Annual cost (TCE) update and analysis for NX Tools(NXAIR products). Annual cost (TCE) update and analysis for channel partner products Experience in localization topic. EVA calculation and preparation of business case. Co-ordinate with Global Product Care / R&D teams for approvals of identified productivity measures. Controlling activities like Order cost controlling and activities related to OCC, MAP tracking, Order analysis, COPA analysis etc. Handling internal and external stakeholders including Audit / agencies, headquarters, support function etc. Internal order creation & analysis. Material cost, Cost center planning & Regulative working for FTA. Pre-bid order analysis and cost optimization for strategic orders. Cost benchmarking activities with HQ team for NXAIR panels & IVCB. License Fee payment working and Brand Royalty Fee working. Commodity impact working and analysis. Present monthly margin analysis to factory mgt of 5 orders from each variant dispatched from the factory in following month. Productivity Management OPW ControllingEnsure reporting of MCP/VAM in OPW before closing date 3i idea scheme ControllingCheck for new ideas, assign expert reviewers, assist implementation, get saving calculation and release awards. Monitor productivity goals and participate in reviews with local management. Conduct MCP / VAM workshops for generating measures. Update of productivity targets with HQ team Supplier cost controlling Technical checking of cost sheets / quotations for LTC and APS assembly. Periodic update of vendor costing formats and BOMs. Periodic physical verification of LTCs vs supplier quotations. SAP Master data Monitor daily ALE transfer, RN/TCN & resolve issues if any Act on GAP Analysis points from HQ team. Master correction if required. Secondary material master creation. Controlling open purchase orders, production orders, sales order, internal order, investment orders etc This role is based in Arioli, Thane- Mumbai, Maharashtra where youll get the chance to work with various stakeholders in factory, proposal, order management, factory Mgt and BU Mgt. We dont need superheroes, just super minds Post-graduate in Mechanical or Electrical field from reputed institute will be preferred. 10 - 12 years of relevant experience of which at least 3 years in leading teams Experience in a factory costing role with a medium to large size manufacturing organization (preferred in handling engineered products), significant experience working in a multi-national environment and in a matrix organization. Extensive knowledge of product costing and medium voltage products ERP (SAP) and Finance systems knowledge Required Professional Competencies o Leadership & Management Proven track record of exemplary leadership capabilities with demonstrated ability to drive results. Strong strategic mindset with experience in guiding teams toward exceptional performance outcomes. Ability to develop and mentor team members while fostering a collaborative work environment o Operational Excellence Exceptional ability to prioritize and manage multiple complex initiatives simultaneously. Strong analytical skills with expertise in developing and maintaining comprehensive reporting frameworks. Demonstrated success in meeting critical deadlines and deliverables while maintaining high quality standards o Personal Attributes Self-motivated professional with proven ability to work autonomously and take initiative. Excellence in building and maintaining strong professional relationships across all organizational levels. Outstanding interpersonal and communication skills with the ability to influence and engage stakeholders o Team Collaboration Proven track record of fostering inclusive and high-performing team environments. Demonstrated ability to promote knowledge sharing and cross-functional collaboration. Experience in leading teams to consistently exceed performance expectations and deliver superior results WEVE GOT QUITE A LOT TO OFFER. HOW ABOUT YOU Were Siemens. A collection of over 379,000 minds building the future, one day at a time in over 200 countries.
Posted 9 hours ago
8.0 - 12.0 years
10 - 13 Lacs
Navi Mumbai
Work from Office
Position Purpose: To support manufacturing function to maintain consistency in product quality by maintaining, improving, optimizing production processes, reducing cost per product by implementing technologically advanced solution, to keep entire manufacturing set up state of the art by benchmarking with industry and ensuring similar standards are applied at sub-contractors. Main tasks and responsibilities Process: Preparation of PFMEA, Control Plan, SOP / WI for each process step in manufacturing Periodic audit of SOP to identify and incorporate changes arising out of engineering changes Be part of CFT for implantation of ISO and IATF system requirements Periodic calibration of Jigs and Fixtures Periodic inspection of special characteristics from 3rd Party Labs Monthly audit of sub-contractors Daily monitoring of process non-conformances, Root Cause Analysis, implementation of Corrective Preventive actions Close coordination and communication with production leads, technicians, quality leads Monthly KPI data compilation for process improvements, quality rejects, analysis and implementation of corrective action (CAPA), preparation of 8D Development and / or improvement of cutting tools, production tooling and Jigs/fixtures Cost: Track cost of indirect material (consumables and tools) per unit Identify opportunities for reducing process cost and drive the projects to reduce it Periodic review with indirect material suppliers to bring in new improved supplies, consumables, packaging material to reduce overall cost Close coordination with SCM team for periodically reviewing safety stock level of various indirect material to optimize inventory carrying cost, avoid obsolescence by timely communication about process changes Lean Manufacturing: Preparation of shopfloor layout, suggesting changes to optimize flow, reduce NVA Capacity calculation, updating standard time data every month Conducting Time Study to arrive at standard cycle time in case of change in process to be used for standard costing Standardization across various material types Conducting Lean Manufacturing training for new joiners Implementing digitization projects, IOT based solutions for online availability of manufacturing data for faster decision making Position requirements Professional credentials Diploma in Engineering (Mech, Auto, Prod) with 10 to 12 years of experience Degree in Engineering (Mech, Prod, Auto) minimum 8 to10 years of experience 6 Sigma, TPM, Lean Certification will be an added advantage but not mandatory M.B.A. / P.G. not required Experience Relevant experience of minimum 10years in Process Engineering / Industrial Engineering in Automotive OEM, Tier I supplier or Engineering industry Should have worked in mass production or large batch serial production environment Should have handled at least one New Product Development project Must have worked in ISO 9000 or IATF or Deming environment CNC Machine/ Machine shop Experience is MUST Perks and benefits : Best in the Industry
Posted 12 hours ago
4.0 - 9.0 years
20 - 30 Lacs
Chennai
Work from Office
Role & responsibilities Cost Sheet Analysis: 1. Develop and maintain accurate cost sheets for products/services, including direct and indirect cost components. 2. Conduct detailed analysis of costs to identify cost-saving opportunities and recommend optimization strategies. 3. Track and update costs for raw materials, labor, overhead, and other expenses in real-time. 4. Collaborate with procurement and production teams to ensure cost efficiency in sourcing and manufacturing. 5. Compare actual costs with budgets/estimates and investigate variances to propose corrective actions. Business Finance: 1. Prepare financial forecasts, budgets, and cash flow reports to support business planning. 2. Provide insights on break-even analysis, pricing strategies, and margin improvement opportunities. 3. Support management in decision-making with detailed cost-benefit analysis for investments and projects. 4. Ensure compliance with internal policies and external regulations related to finance and costing. Reporting and Collaboration: 1. Present periodic cost analysis reports and financial insights to senior management. 2. Work closely with the accounts team to ensure accurate accounting of costs and inventory. 3. Collaborate with cross-functional teams to enhance processes and achieve cost efficiency. Desired Profile: 1. Should be an ICWA 2. Proven experience (5-7 years) in cost analysis, business finance, or management accounting. 3. Strong proficiency in MS Excel and financial modelling tools. 4. Familiarity with ERP systems. 5. Analytical mindset with attention to detail and the ability to interpret complex financial data. 6. Excellent communication and interpersonal skills to interact with various stakeholders. If your profile is suitable, please send your resume to sudhaya.k@refex.co.in / whatsapp - 75501 12776( No Calls) with the below mentioned details and also refer your friends for the same. Follow us on linkedin @ www.linkedin.com/in/sudhaya
Posted 1 day ago
2.0 - 7.0 years
7 - 14 Lacs
Bengaluru
Work from Office
We have an urgent opening for one of the BIG MNC for plant finance analyst - Bangalore. We are looking for a Plant Finance Analyst to serve as the primary FP&A Resource to the Factory Finance team and will be accountable for the financial results of the manufacturing operations of this business. This role entails Financial reporting of costs, variance analysis, budgeting, Monthly forecasting and ensuring that all cross-functional are incorporated. Role - Ensure Standard Cost is set up correctly and actively involved in the stand cost roll. • Estimating the Standard cost for business cases • Review of Open orders Analysis WIP closure. • Perform Variance Analysis. Identifying and communicating actionable steps to address variance of PPV & MUV. • Analysis of Over/under absorption indicating the root cause. • Estimating the Labor Hour Rate and Overhead absorption rate based on Budget v/s Actual. • Review of Scrap Process and ensure correct accounting of scrap monthly. • Prepare and ensure the Budget is submitted in timely manner. • Monthly review and management reporting. • very good understanding and hands on SAP • Inventory Analysis - FIFO Compliance, Expiry & obsolesce of Inventory. • Fixed Assets & CIP Review • Develop and provide ad-hoc reports as required by the management. • Ensure compliance with policies and procedures of the Company. • Improve processes and enhance controls. • Ensuring month-end close as per timelines . Cross functional co-ordination. . Support during Audits Maintaining / Supporting US GAAP and IGAAP books of accounts. Support in Statutory Audit Independently handling Cost Audit Filing of ASI returns with NSSO. Qualifications : ICWA or similar field required • 3 + years of experience in Manufacturing Set up. Experience in SAP is must. Interested candidates can revert with their updated resume on below mentioned email id or else can contact me on - 8850029601 pdhotre@allegisglobalsolutions.com
Posted 1 day ago
15.0 - 20.0 years
15 - 20 Lacs
Ludhiana, Chandigarh
Work from Office
1. Exp in Production Costing. 2. Accounting MIS Preparation 3. Cost sheet preparation, 4. Internal audit of various departments like Purchase, Sale, Store, Production departments etc. 5. Company preference is manufacturing industry Required Candidate profile Min. 15 years' experience in Product Costing, Cost structure CO Module /FM Module handling NPD /Revamped models Costing Material Master complete knowledge -Sap Cost sheets structure.
Posted 2 days ago
14.0 - 20.0 years
30 - 35 Lacs
Faridabad
Work from Office
Kindly share your resume on sv7@svmanagement.com Responsible for implement Product Costing, Budgeting, Raw Material Price Movement, SAP BOM & Routing, Cost Run, Capex performance validation, Cost audit of company, Budget review, Should be RMC consumption based on production to be reconcile as per SAP. Preferred candidate profile Candidate- Should be ICWAI/CMA Qualified with 15-20 years of experience in a manufacturing organisation, Good knowledge of relevant subject matter of Costing, Budgeting and MIS SAP Competency, MS Office proficiency. Good Interpersonal and influencing Skills. Analytical, leadership, team management skills
Posted 2 days ago
3.0 - 8.0 years
5 - 8 Lacs
Hosur
Work from Office
Job Job TitlePlanning & Inventory Management Engineer Company NameTitan Job TypeFull-Time Job CategoryWatches & Wearables - ISCM DepartmentEngineering LocationHosur, Tamil Nadu, India Titan, a leading manufacturer of watches and wearables, is seeking a highly skilled and motivated Planning & Inventory Management Engineer to join our team in Hosur, Tamil Nadu, India. As a member of our Engineering department, you will play a crucial role in ensuring the smooth and efficient operation of our supply chain. Key Responsibilities: - Develop and implement inventory management strategies to optimize stock levels and minimize costs - Monitor inventory levels and make adjustments as needed to meet production demands - Collaborate with cross-functional teams to forecast demand and plan production schedules - Analyze data and provide insights to improve inventory management processes - Identify and resolve any inventory discrepancies or issues - Maintain accurate records of inventory levels and transactions - Monitor and report on key performance indicators related to inventory management - Continuously seek opportunities to improve efficiency and reduce waste in the supply chain Qualifications: - Bachelor's degree in Engineering or a related field - Minimum of 3 years of experience in planning and inventory management, preferably in the watches or wearables industry - Strong analytical and problem-solving skills - Proficient in inventory management software and Microsoft Excel - Excellent communication and collaboration skills - Ability to work in a fast-paced and dynamic environment - Knowledge of lean manufacturing principles is a plus At Titan, we value innovation, teamwork, and continuous improvement. If you are passionate about supply chain management and have a strong attention to detail, we encourage you to apply for this exciting opportunity. Join our team and be a part of our mission to deliver high-quality products to our customers. Work Experience BE / B Tech in Mechanical / Production or equivalent preferably with MBA or equivalent (Operations / Supply Chain / General Management) Experience in Manufacturing Industry8 years Deeper knowledge in Supply Chain and Costing Process Strong analytical skill with tools like Excel Good exposure of ERP (esp. SAP) systems Passion for emerging trends in Information Technology Effective Communication Skills Interpersonal Skills and Influencing multiple diverse stakeholders
Posted 3 days ago
2.0 - 5.0 years
10 - 15 Lacs
Fazilka
Work from Office
This position is responsible for Leading Costing vertical followed by Process Cost accounting I.e. responsible for the accurate reporting of Cost of Goods Manufactured and Sold Monthly reconciliation and updating of standard costs to actual costs.
Posted 3 days ago
2.0 - 5.0 years
4 - 5 Lacs
Ahmedabad
Work from Office
List of Key Responsibilities: Preferably from Textile Spinning Mills Budgeting (Every month spin plan and EBITDA based on inputs by marketing, production and SCM. Variance Analysis Plan verses actual (Weekly and Monthly) Factory Cost/Conversion Cost analysis on weekly and monthly basis. Stock valuation of WIP and finish goods for all units. Monthly actual P&L for all units. List of General Responsibilities: Combine Dashboard report/ Operational report circulation STD Cost sheet for marketing every week and on real time basis as per requirement. SAP postings as per costing function requirements.
Posted 3 days ago
3.0 - 8.0 years
5 - 8 Lacs
Coimbatore
Work from Office
Key Responsibilities Batch Costing & Analysis Manage end-to-end costing for each batch of biopesticides, fertilizers, probiotics, etc. Apply processcosting and batchcosting techniques to capture direct (materials, labour) and indirect costs (overheads) per unit and batch. Allocate costs accurately and adjust standard rates quarterly or as production parameters change. Daily Expense Monitoring & Variance Analysis Track daily consumption of raw materials, utilities, packaging, and other inputs. Perform variance analysis: compare actual costs vs standard costs, identify root causes, recommend corrective actions. MIS Reporting & Dashboarding Prepare and present daily/weekly/monthly MIS reports on batch/unit costs, yield variances, material usage, and overhead absorption. Design dashboards or trackers to facilitate quick insights for plant & finance teams. Cost Control & Expense Optimization Identify cost-saving opportunities: optimize batch size, reduce wastage, manage utilities & packaging. Track key cost drivers and coordinate with production, procurement, and quality teams for efficiency enhancements. Budgeting & Forecasting Support Assist in preparing budgets for materials, labour, and overhead. Update standard costs and forecast unit prices based on projected material/inflation trends. Audit & Compliance Support Maintain costing documentation and support cost audits (internal/statutory. Ensure compliance with accounting standards (e.g., process costing, inventory provisioning. Qualifications & Experience Preferably, Inter or Final CWA (ICWA) completed. Minimum 3 years of product costing experience in batch manufacturing, preferably in bio-pesticides, fertilizers, probiotics, agrochemicals, or FMCG industry. Strong grasp of costing methods: batch costing, process costing, job costing. Proficient in MIS development and data analysis (advanced Excel required; ERP/SAP knowledge preferred). An analytical mindset, attention to detail, and proactive in identifying inefficiencies and driving corrective action. Desired Competencies Experience in standard cost revision cycles. Ability to develop and maintain costing structures in ERP/SAP. Excellent communication skills for cross-functional coordination. Initiativeoriented and deadline-driven.
Posted 4 days ago
7.0 - 10.0 years
6 - 8 Lacs
Sonipat
Work from Office
Role & responsibilities Product Costing : Develop and Maintain Product Cost Models, Cost Estimation Component Costing : Costing of Individual Components Cost Analysis and Variance Analysis Cost Reduction and Optimization : Cost Control Inventory Management : Cost Reporting and Documentation : Documentation and Compliance New Product Development (NPD) Costing Preferred candidate profile Bachelor's degree in accounting or finance Proficient in Accounting Software & Advance Excel Skills Strong Analytical & Problem solving skills Experience in Cost Accounting or related field Perks and benefits Voluntary Benefits : Health Insurance Paid Time off L Includes EL, CL, SL 2 Short Leaves in a month Statutory Benefits : Includes EPF
Posted 6 days ago
4.0 - 8.0 years
4 - 10 Lacs
Malur
Work from Office
Responsibilities: * Conduct cost analyses for Purchase, inventory valuations, manufacturing process cost, etc * Collaborate with cross-functional teams on product development and pricing strategies Conversant with Tally and ERP Food allowance Health insurance Provident fund Annual bonus
Posted 1 week ago
4.0 - 9.0 years
5 - 8 Lacs
Bharuch
Work from Office
Prepare the monthly product costing.Monitoring of Internal Services done by plant.Get the data of expenses (from Accounts) and allocate it to Product. Prepare basic data for Statutory Cost Records as per the Companies Act.Consolidate the sales data. Required Candidate profile • Calculate NRV of Bharuch plant. Preparation of data for Tax and Cost Audit .Preparation of Production & sales data for Statutory Audit.Perform check of system inventory with physical inventory.
Posted 1 week ago
5.0 - 10.0 years
18 - 25 Lacs
Pune
Work from Office
This position is responsible for Leading Costing vertical followed by Process Cost accounting I.e. responsible for the accurate reporting of Cost of Goods Manufactured and Sold Monthly reconciliation and updating of standard costs to actual costs. Required Candidate profile Engineer (Any Btech) with CMA is mandatory ! Alternate Saturdays are Holidays General Day Shift
Posted 1 week ago
8.0 - 13.0 years
17 - 30 Lacs
Ballabhgarh, Pune, Jaipur
Work from Office
JOB DESCRIPTION Work experience in Cost Engineering/ Should Costing/ ZBC/ Cost Estimation of fabrication commodity. Experience of Cost mapping for NPI projects at machine level and BOM Cost management of current products. Experience of working with other stake holders like Design, Purchasing, Finance and Program management. Experience in fabrication of Heavy Construction Equipment/ Heavy Machinery. Good knowledge of fabrication and other manufacturing processes. Experience of competition study and benchmarking of the similar parts/machines etc. Experience of handling VA/VE and cost reduction projects. Good communication and interpersonal skills. Good analytical and problem-solving skills. Exposure of Siemens Teamcenter is desirable. Computer skills and proficiency in MS Excel & PowerPoint is mandatory.
Posted 1 week ago
4.0 - 9.0 years
8 - 17 Lacs
Pune
Work from Office
Dear Candidate, Are you a numbers-driven engineering professional with a passion for cost optimization and product value enhancement ? Join our team as a Cost Engineer / Should Cost Specialist and help shape the future of Heavy Construction Equipment manufacturing! Role Overview: We're looking for a talented professional experienced in Should Costing / ZBC / Cost Engineering specifically for fabrication commodities in heavy machinery. Key Responsibilities: Execute cost estimation, ZBC , and should-cost analysis for fabricated components. Lead cost mapping for NPI projects and manage BOM-level cost for existing products. Collaborate cross-functionally with Design, Purchasing, Finance, and Program Management . Drive VA/VE and cost-reduction initiatives across product lines. Benchmark competitor products and conduct value analysis for continuous improvement. Experience & Skills Required: Proven experience in fabrication for Heavy Construction Equipment / Machinery . Strong knowledge of manufacturing processes (especially welding, cutting, machining, etc.). Excellent analytical, problem-solving , and interpersonal skills . Proficiency in MS Excel & PowerPoint ; exposure to Siemens Teamcenter is a plus. Strong communication skills for stakeholder collaboration. Interested candidate can share their Cv at swati.shikha@mounttalent.com or can reach me 9560495550. NOTE: Please make sure to attach your CV while applying. Only candidates who attach their CV will be considered and contacted by our team.
Posted 1 week ago
2.0 - 7.0 years
2 - 7 Lacs
Hyderabad
Work from Office
Role & responsibilities Perform cost analysis, estimating expected costs for the product/project Prepare cost reports and pricing studies as required Analyze completed projects to compare estimated costs to actual costs and determine reasons for any discrepancies Provide consultation on planning, coordination and cost control of projects Develop and implement cost tracking and reporting methodologies Preferred candidate profile At least 2 years of experience in Engineering Costing Good at value estimations, monitoring the processes Cost conscious and capable & experienced in developing methods to reduce product etc., costs
Posted 1 week ago
3.0 - 6.0 years
6 - 8 Lacs
Greater Noida
Work from Office
Examine costs of production. Monitor the accumulation of all direct labour, overhead and other manufacturing-related expenses. Preparation of Monthly and Weekly MIS. Prepare budgeting reports by collecting information Food allowance
Posted 1 week ago
5.0 - 10.0 years
18 - 25 Lacs
Pune
Work from Office
This position is responsible for Leading Costing vertical followed by Process Cost accounting I.e. responsible for the accurate reporting of Cost of Goods Manufactured and Sold Monthly reconciliation and updating of standard costs to actual costs. Required Candidate profile Engineer (Any Btech) with CMA is mandatory ! Alternate Saturdays are Holidays General Day Shift
Posted 2 weeks ago
2.0 - 7.0 years
4 - 9 Lacs
Bengaluru
Work from Office
Job Overview TE Connectivity's Procurement Business Process Teams develop and deploy procurement processes, systems, reporting and audits compliance. They drive continuous improvement throughout the procurement function, develop and maintain procurement systems, tools and databases such as vendor master files, e-procurement quotation tool, procurement web page, supplier portal, SharePoint and the like. They conduct regular external benchmarking to stay abreast of procurement best practices, run procurement reports and perform analysis to identify trends, opportunities, threats and needed course correction as well as lead facilitation of procurement training and development. Responsibilities Lead and manage multiple cost estimation projects simultaneously Develop and contribute to global TE cost standards by region for responsible commodity Analyze part data to identify and prioritize future projects and opportunities Benchmark internal, competitor and supplier parts to identify gaps and/or technology advancements for responsible commodity Develop cost estimations (should-cost or clean sheet) and identify, summarize and present cost gaps to key stakeholders Analyze manufacturing overhead including cycle times, components, assembly, inspection etc. Collaborate across teams and build rapport to implement identified opportunities into savings Supports the design and development of proposed process changes Candidate Desired Profile: Qualifications, Characteristics & Experience Required: Motivated individual with a can-do attitude who is passionate about cost and data analytics with the ability to learn quickly and work in a self-directed work environment Experience with cost estimation, cost breakdown analysis or clean sheet methodologies Understanding of manufacturing processes and cost drivers (raw material, manufacturing processes, secondary processes, etc.) Proficient in data analytics - ability to summarize large amounts of data and present thoughtful insights Strong cross functional team collaboration skills Excellent verbal / written communication - Develops strong relationships and can speak and present confidently to a diverse audience, including Senior Leadership Team Ability to take ownership of and maintain progress on multiple tasks. Must be able to deliver results based upon project deadlines. Willingness to travel to TE and supplier manufacturing locations Education Required / Desired: BA/BS Degree required (extensive experience will be considered). Business, Engineering, or Supply Chain preferred. Minimum 2 years of experience within Supply Chain Competencies ABOUT TE CONNECTIVITY TE Connectivity plc (NYSETEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn , Facebook , WeChat, Instagram and X (formerly Twitter). WHAT TE CONNECTIVITY OFFERS: We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority! Competitive Salary Package Performance-Based Bonus Plans Health and Wellness Incentives Employee Stock Purchase Program Community Outreach Programs / Charity Events IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com . If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities. Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site. Location
Posted 2 weeks ago
2.0 - 7.0 years
4 - 9 Lacs
Bengaluru
Work from Office
Job Overview This is a full-time position in TE Connectivity Global Procurement Center of Excellence Team. The team focuses on continuous improvement of suppliers using cost analytics tools including cost estimation, cost breakdown, cycle time, and process analysis. The Cost Modeling Analyst will identify, validate, and implement cost and process improvement opportunities. The candidate will work with cross functional teams to analyze TE products and find ways to improve productivity across all business units. This requires collaboration with Business Units, Engineering, Supply Chain, Procurement, Logistics, and Suppliers. Responsibilities Lead and manage multiple cost estimation projects simultaneously Develop and contribute to global TE cost standards by region for responsible commodity Analyze part data to identify and prioritize future projects and opportunities Benchmark internal, competitor and supplier parts to identify gaps and/or technology advancements for responsible commodity Develop cost estimations (should-cost or clean sheet) and identify, summarize and present cost gaps to key stakeholders Analyze manufacturing overhead including cycle times, components, assembly, inspection etc. Collaborate across teams and build rapport to implement identified opportunities into savings Supports the design and development of proposed process changes Candidate Desired Profile: Qualifications, Characteristics & Experience Required: Motivated individual with a can-do attitude who is passionate about cost and data analytics with the ability to learn quickly and work in a self-directed work environment Experience with cost estimation, cost breakdown analysis or clean sheet methodologies Understanding of manufacturing processes and cost drivers (raw material, manufacturing processes, secondary processes, etc. Proficient in data analytics ability to summarize large amounts of data and present thoughtful insights Strong cross functional team collaboration skills Excellent verbal / written communication - Develops strong relationships and can speak and present confidently to a diverse audience, including Senior Leadership Team Ability to take ownership of and maintain progress on multiple tasks. Must be able to deliver results based upon project deadlines. Willingness to travel to TE and supplier manufacturing location Education Required / Desired: BA/BS Degree required (extensive experience will be considered). Business, Engineering, or Supply Chain preferred. Minimum 2 years of experience within Supply Chain Competencies ABOUT TE CONNECTIVITY TE Connectivity plc (NYSETEL) is a global industrial technology leader creating a safer, sustainable, productive, and connected future. Our broad range of connectivity and sensor solutions enable the distribution of power, signal and data to advance next-generation transportation, energy networks, automated factories, data centers, medical technology and more. With more than 85,000 employees, including 9,000 engineers, working alongside customers in approximately 130 countries, TE ensures that EVERY CONNECTION COUNTS. Learn more at www.te.com and on LinkedIn , Facebook , WeChat, Instagram and X (formerly Twitter). WHAT TE CONNECTIVITY OFFERS: We are pleased to offer you an exciting total package that can also be flexibly adapted to changing life situations - the well-being of our employees is our top priority! Competitive Salary Package Performance-Based Bonus Plans Health and Wellness Incentives Employee Stock Purchase Program Community Outreach Programs / Charity Events IMPORTANT NOTICE REGARDING RECRUITMENT FRAUD TE Connectivity has become aware of fraudulent recruitment activities being conducted by individuals or organizations falsely claiming to represent TE Connectivity. Please be advised that TE Connectivity never requests payment or fees from job applicants at any stage of the recruitment process. All legitimate job openings are posted exclusively on our official careers website at te.com/careers, and all email communications from our recruitment team will come only from actual email addresses ending in @te.com . If you receive any suspicious communications, we strongly advise you not to engage or provide any personal information, and to report the incident to your local authorities. Across our global sites and business units, we put together packages of benefits that are either supported by TE itself or provided by external service providers. In principle, the benefits offered can vary from site to site. Location
Posted 2 weeks ago
3.0 - 6.0 years
4 - 5 Lacs
Chennai
Work from Office
Costing Engineer Mechanical (Female/Diversity & Inclusion Hiring) Our Client, is a leading manufacturer of high-quality stainless-steel kitchenware, sheet metal products, and industrial components. With a strong legacy of innovation and manufacturing excellence, we cater to both domestic and global markets. We are looking for a competent and detail-driven Costing Engineer Mechanical (Female candidates Only) with 4 years of experience in the manufacturing industry preferably sheet metal. The role focuses on accurate costing of components and assemblies made from stainless steel and other materials, ensuring competitive pricing and cost control. Key Responsibilities : Analyze engineering drawings and specifications to prepare detailed cost estimates for sheet metal parts and assemblies. Evaluate raw materials, laser cutting, bending, welding, powder coating, and assembly, punching, deep drawing, TIG welding, buffing/polishing costs. Collaborate closely with production, procurement/purchase and design teams for costing inputs and feasibility analysis. Analyse cost variances and suggest cost optimization strategies. Coordinate with suppliers and vendors for material pricing and rate negotiations. Support the sales team by providing costing details for RFQs and pricing decisions. Maintain and update costing records using ERP tools. Assist in budgeting and pricing strategies for new and existing products. Qualifications and Skills: B.E./B.Tech in Mechanical Engineering or equivalent. Minimum 4 years of experience in costing within the sheet metal/stainless steel manufacturing domain. Strong understanding of manufacturing processes and shop floor operations. Experience with costing software and MS Excel Ability to interpret engineering drawings and BOMs. Strong analytical, documentation, and coordination skills. Positive attitude and commitment to continuous improvement. Proficient in reading and interpreting technical drawings (AutoCAD/SolidWorks). Knowledge of fabrication processes shearing, punching, bending, welding, powder coating. Good negotiation and vendor management skills.
Posted 2 weeks ago
2.0 - 5.0 years
1 - 2 Lacs
Kolkata
Work from Office
Responsibilities: * Leather Hand bags and SLG costings. Employee state insurance Annual bonus Provident fund
Posted 2 weeks ago
4.0 - 7.0 years
5 - 8 Lacs
Palladam, Coimbatore
Work from Office
Role & responsibilities Vendor Followup Outsourcing Process Planning Extracting results from machining suppliers Calculating Process Cost. Preferred candidate profile
Posted 2 weeks ago
3.0 - 7.0 years
3 - 6 Lacs
Mumbai
Work from Office
Position Title: Executive/Senior Executive Product Costing Department: Costing / Estimation Location: Mumbai Company: Spectrum Electrical Industries Limited Experience Required: 3–6 years in product costing, cost estimation, and manufacturing cost analysis Qualification: Diploma / B.E. / B.Tech in Mechanical / Production Engineering (Added advantage: PGD in Costing, MBA in Operations, or Value Engineering Certification) About the Role: We are seeking a technically skilled and detail-oriented Product Costing Executive to support cost estimation and pricing strategies for various manufacturing verticals, including Sheet Metal Fabrication, Powder Coating, Assembly, Electroplating, Molding, and Wiring Devices . This role requires close collaboration with Engineering, Design, Planning, Procurement, and Production teams to build accurate and competitive cost structures for products, RFQs, and new projects. Key Responsibilities: 1. Product Cost Estimation Prepare detailed costing sheets for new and existing products based on BOM, process flow, and operation time. Analyze material cost, processing cost, manpower requirement, and machine usage for cost projections. Create and maintain a standard costing library for frequently quoted parts and assemblies. 2. Technical Cost Breakdown Break down costs into direct materials, direct labor, subcontracting, machine hours, and overheads. Interpret technical drawings and convert them into manufacturable process routes with cost inputs. Evaluate customer drawings/specifications and generate quotation costing for RFQs and tenders. 3. Coordination with Cross-Functional Teams Collaborate with Design/Tooling for feasibility and cost impact of molds, dies, jigs & fixtures. Work with the Procurement team to update raw material rates, BOP costs , and vendor-supplied components. Coordinate with Production & Planning for actual process cycle times and optimize cost assumptions. 4. Cost Optimization & Value Engineering Suggest cost reduction strategies through alternate materials, process changes, and in-house capability utilization. Participate in VA/VE initiatives to achieve targeted cost-to-price ratios. Benchmark costs across vendors and internal process capabilities. 5. Quotation & Pricing Support Support the Sales/Business Development team with timely and accurate cost inputs for quotations . Build profitability models using margin analysis for high-volume and new customer inquiries. Ensure pricing aligns with organizational profitability and competitiveness. 6. Database & System Maintenance Maintain a costing master database covering process norms, standard rates, and resource cost indexes. Utilize ERP and internal costing systems for data management (e.g., SAP, Excel-based macros). Ensure proper version control and documentation of all cost sheets and approvals. Required Technical Skills: Reading and interpreting engineering drawings (2D & 3D). Familiarity with sheet metal operations (laser cutting, bending, welding), powder coating, and assembly costing. Sound knowledge of fabrication and assembly process parameters (cycle time, takt time, utilization). Strong in MS Excel, costing templates, macros , and basic knowledge of ERP (preferably SAP or similar). Hands-on experience with routing, BOMs, and standard costing practices . Key Competencies: Attention to technical detail and logical cost interpretation Strong analytical and estimation skills Good communication and coordination abilities Proactive and deadline-oriented mindset Strategic thinking for cost competitiveness and business alignment Preferred Industry Background: Electrical Components (MCBs, DBs, Wiring Devices) Sheet Metal Fabrication & Assemblies Switchgear or Automotive Component Manufacturing
Posted 3 weeks ago
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