Cost Engineer

Vertiv Group Corporation; India; On-site; INR 800,000 - 1,400,000; Full time

Job summary

Vertiv Group Corporation in India is seeking a Cost Engineer to drive product cost improvements, working closely with Product Management, Engineering, Procurement, Operations and Finance. You will analyze cost drivers, benchmark manufacturing locations, develop cost comparisons, and prepare presentations on targets and reductions.

The role requires a technical degree and 4–5 years of related experience, plus strong data analysis and communication skills.

Qualifications

• Bachelor’s degree in engineering or related technical field.
• 4–5 years’ experience in product cost, management, engineering, supply chain, or manufacturing.
• Experience with new product development processes preferred.
• Strong problem solving, data analysis and project management skills.
• Ability to present insights and recommendations with data.
• Proven ability to build cross-regional relationships.
• Proficiency with Microsoft Office (Excel, PowerPoint, PowerBI) and Smartsheet.
• Excellent written and verbal communication.

Responsibilities

• Identify and drive product cost improvement actions by working with cross-functional teams.
• Develop product cost comparisons to benchmark manufacturing locations and suppliers.
• Prepare and deliver presentations on product cost targets and cost drivers.
• Monitor product costs during the NPDI process and lifecycle to identify variances.
• Identify and pursue continuous improvement projects delivering efficiency or quality gains.
• Other duties and responsibilities as assigned.

Skills

Problem solving

Data analysis

Project management

Presentation skills

Cross-functional collaboration

Communication skills

Education

Bachelor's degree in engineering

Tools

Excel

PowerPoint

PowerBI

Smartsheet

Job description

Cost Engineer

Responsibilities

• Identify and drive product cost improvement actions by working with a cross-functional team (notably Product Management, Engineering, Procurement, Operations and Finance)
• Develop product cost comparisons to evaluate and benchmark manufacturing locations and suppliers
• Prepare and deliver presentations on product cost targets, key cost drivers, and supporting cost reduction activities
• Monitor product costs during the NPDI process and throughout the product lifecycle to identify and act on variances
• Identify and pursue continuous improvement projects that deliver improved efficiency and/or quality
• Other duties and responsibilities as assigned.

Requirements

• Bachelor’s degree in engineering or related technical degree; Electrical or Mechanical Engineering is preferred
• 4-5 years’ experience in Product Cost, Product Management, Engineering, Supply Chain, or Manufacturing
• Experience with new product development processes and activities is preferred
• Demonstrated competence in problem solving, data analysis, & project management
• Ability to develop and deliver effective presentations of insights and recommendations, supported by data analysis
• Experience developing cross-functional and cross-regional relationships to achieve business objectives
• Proficiency with Microsoft Office suite (Excel, PowerPoint, PowerBI), Smartsheet, and other business applications
• Excellent communications skills – written & verbal