Assistant Manager - Cost and Material Management

Mahindra And Mahindra Limited; Pithampur; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Mahindra And Mahindra Limited is seeking an Assistant Manager to drive BOM costing and cost engineering for automotive components, with deep knowledge across sheet metal, plastics, rubber, electricals and castings. The role requires 20+ years of industry experience and a strong ability to set pricing strategy and manage supplier costs.

The candidate will lead a team of cost engineers, maintain BOM budgets, and assess currency and commodity inflation impacts on costs while aligning with tax

Qualifications

• 20+ years of industry experience in cost management related to automotive components.
• Proven ability to develop and manage BOM costing for complex assemblies.
• Understanding of tax implications on BOM cost across domestic and import scenarios.

Responsibilities

• Apply knowledge of aggregates (sheet metal, plastic, rubber, electrical, electronics, casting and forging) to cost engineering tasks.
• Lead the cost estimation process for projects, including zero-base costing initiatives.
• Establish pricing strategies for key and critical components and suppliers to protect BOM costing.
• Analyze raw material rates, standards and industry trends to adjust cost models.
• Evaluate currency and commodity inflation impact on BOM cost and budgeting.
• Develop a team of cost engineers to ensure project cost accuracy and timeliness.
• Maintain and track BOM costs across multiple ongoing projects.
• Prepare budget impact assessments and work with cross-functional teams to optimize costs.

Skills

Cost engineering

BOM costing

Pricing strategy

Currency & commodity impact

Education

BTech

Job description

Assistant Manager - CDMM Responsibilities & Key Deliverables

1. Knowledge of various aggregates used in automotive (Sheet metal, Plastic, Rubber, Electrical, Electronics, Casting and Forging)
2. Special emphasis on Electrical and Electronics and exposure to new technology and trends.
3. Knowledge of special process such as plating, welding, PCB technology etc.
4. Knowledge of raw material rates, standards and trend across industries.
5. Should be able to cost the product based on drawing / circuit input.
6. Should establish pricing strategy for Key and Critical components and suppliers to protect Bill Of Material (BOM) costing.
7. Knowledge of Taxes (Domestic and Import) must and its impact on Bill Of Material (BOM) costing.
8. Develop a team of competent Cost Engineers to generate project Zero Base costing.
9. Maintain and Track multiple project's BOM Cost.
10. Evaluate and Budget impact on BOM cost due to currency and Commodity inflations.

Qualifications

Experience 20+ years Industry Preferred Qualifications Btech General Requirements

Our commitment to Diversity, Equity, and Inclusion

At Mahindra and Mahindra Limited, we believe that diversity drives innovation, and inclusion is at the heart of everything we do. We are committed to cultivating a workplace where every individual feels valued, respected, and empowered to thrive. We are proud to be an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to age, caste, race, religion, color, ethnic origin, gender identity, nationality, physical or mental disability, medical condition, sexual orientation, educational background, marital or domestic partnership status, pregnancy or childbirth, veteran status, citizenship status, ancestry, financial status, or any other personal characteristic protected by applicable law. We actively encourage candidates from all backgrounds to apply and bring their unique perspectives to our teams. We are committed to ensuring an accessible and inclusive experience for all applicants. Together, we rise by embracing differences and building a future that reflects the communities we serve.

Experience Level Mid Level