Cost Analyst

Faurecia; Pune District; On-site; INR 1,000,000 - 1,500,000; Full time

Benefits offered by this job

Career development opportunities

Multicultural environment

Learning resources at FORVIA University

Job summary

A leading automotive technology group in Pune is seeking a BOP Cost Analyst to establish target and benchmark costs for buy-out parts. The ideal candidate will have a degree in engineering and 7-10 years of industrial experience. Responsibilities include auditing supplier costs and collaborating with purchasing teams to improve cost structures. Join a dynamic environment focused on sustainable mobility and innovation.

Qualifications

• Minimum 7-10 years relevant experience in an industrial environment.
• Basic knowledge of production and manufacturing engineering.
• Fluent in English and exposed to an international environment.

Responsibilities

• Establish target and benchmark costs for buy-out parts.
• Calculate and report gap to benchmark monthly.
• Audit supplier's cost structure and support action plans.

Skills

Strong communication skills

Analytical skills

Knowledge of Stampings

Knowledge of Tubing

Knowledge of machining

Education

Bachelor's degree in engineering

MBA in Finance

Job description

Forvia, a sustainable mobility technology leader

We pioneer technology for mobility experience that matter to people.

Your Mission, Roles And Responsibilities

Position Description

Title : BOP (Buy out parts) Cost Analyst

Reports To : BOP Costing Manager

Description

The BOP Costing analyst is in charge of establishing a target cost and a benchmark cost recommendation for the buy-out parts, used for RFQ, and sourcing, till the end of serial life phases, in alignment with the benchmark strategy defined at the Business Group level regarding supplier panel, production processes, and cost structure. The main missions of the role are to:

• Provide benchmark cost targets to Division purchasing teams at RFQ and sourcing phases, in line with Strategy defined between Global commodities and the BG Costing team
• Follow costing tools and procedures for BOPs
• Calculate and report the gap to benchmark for BOP sourced on a monthly basis

Provide Reliability Gap To Benchmark Reporting In Serial Life And Communicate It To All Internal Customers (Divisions Managers, Purchasing Managers) Of The Division

• Calculate the gap to benchmark for all BOP purchased on a monthly basis
• Ensure all benchmark and actual data are accurate in the target costing tools
• Audit supplier's cost structure, identify main gaps and support commodity purchasing teams' action plans to close the gaps.
• Co-lead with relevant commodity purchasing teams all supplier's cost structure audits and consolidate the information within the costing and purchasing network.
• Exchange with the global BOP costing network all relevant information and analysis to continuously improve the benchmark simulation environment:
• Participate in the benchmark activities of competitor's systems or new value spaces systems and provide accurate cost estimates for BOP.

Others

• Coach the purchasing team on costing fundamentals and audits methodology
• Sensibilize operational, plant controllers, and program controllers to BOP costing targets

Qualifications

The ideal candidate will have/be:

• Bachelor's degree in engineering or Associate's degree in engineering, with a specialisation in Production or technical purchasing
• MBA in Finance is preferred
• Minimum 07/10 years relevant experience in an industrial environment including a first technical experience (production, manufacturing engineering,…)
• Commodity: Basic knowledge of Stampings, Tubing, machining etc.
• Technical products oriented & finance basics understanding
• Demonstrated strong communication skills, analytical and synthesis skills
• Fluent in English
• Global Mindset & exposure to the international environment

Your profile and competencies to succeed

What We Can Do For You

• At Forvia, you will find an engaging and dynamic environment where you can contribute to the development of sustainable mobility leading technologies.
• We are the seventh-largest global automotive supplier, employing more than 157,000 people in more than 40 countries which makes a lot of opportunity for career development.
• We welcome energetic and agile people who can thrive in a fast-changing environment. People who share our strong values. Team players with a collaborative mindset and a passion to deliver high standards for our clients. Lifelong learners. High performers. Globally minded people who aspire to work in a transforming industry, where excellence, speed, and quality count.
• We cultivate a learning environment, dedicating tools and resources to ensure we remain at the forefront of mobility. Our people enjoy an average of more than 22 hours of online and in-person training within FORVIA University (five campuses around the world)
• We offer a multicultural environment that values diversity and international collaboration. We believe that diversity is a strength. To create an inclusive culture where all forms of diversity create real value for the company, we have adopted gender diversity targets and inclusion action plans.
• Achieving CO2 Net Zero as a pioneer of the automotive industry is a priority: In June 2022, Forvia became the first global automotive group to be certified with the new SBTI Net-Zero Standard (the most ambitious standard of SBTi), aligned with the ambition of the 2015 Paris Agreement of limiting global warming to 1.5°C. Three principles guide our action:use less, use betteranduse longer, with a focus on recyclability and circular economy.

Why join us

FORVIA is an automotive technology group at the heart of smarter and more sustainable mobility. We bring together expertise in electronics, clean mobility, lighting, interiors, seating, and lifecycle solutions to drive change in the automotive industry.

With a history stretching back more than a century, we are the 7th largest global automotive supplier, employing more than 157,000 people in 43 countries. You'll find our technology in around 1 out of 2 vehicles produced anywhere in the world.

In June 2022, we became the 1st global automotive group to be certified with the SBTI Net-Zero Standard. We have committed to reach CO2 Net Zero by no later than 2045.

As technological innovation and the need for sustainability transform the automotive industry, we are ideally positioned to deliver solutions that will enhance the lives of road-users everywhere.