Cost Manager- Services

Alstom; Bengaluru; On-site; INR 1,800,000 - 2,600,000; Full time

Job summary

Alstom in India Bengaluru is seeking a full-time Cost Manager - Services. You will lead costing and pricing across services tenders, ensuring alignment with financial strategies and project goals.

You will work with Bid Managers, Tender Leaders, Finance Tender Managers, and technical teams to drive cost estimation, optimize structures, and validate inputs. This role emphasizes cost optimization and value analysis.

Qualifications

• Degree in Engineering, Business, or related field.
• Experience in costing, pricing, or bids, preferably in railway/manufacturing/energy/oil & gas.
• Knowledge of cost estimation, financial rules, and contractual aspects.
• Familiarity with value analysis, product costing, and cost models.
• Strong analytical skills and the ability to challenge cost inputs.
• Excellent communication and collaboration skills in diverse teams.

Responsibilities

• Lead cost estimation activities for services tenders and align with targets.
• Define cost structures and target costs in line with sales and RFPs.
• Drive cost improvement to meet target costs and boost competitiveness.
• Collaborate with Finance Tender Manager to optimize costs.
• Ensure robust costing through detailed analysis and validation.
• Support project teams on costing for variation orders and design phases.

Skills

Costing

Pricing

Bid costing

Value analysis

Analytical skills

Communication

Education

Degree in Engineering, Business, or related field

Job description

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Cost Manager- Services

Date: 30 Sept 2026

Company: Alstom

At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, 80,000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Could you be the full-time Cost Manager - Services in India we’re looking for?

Your future role

Take on a new challenge and apply your expertise in costing and pricing within a cutting-edge field. You’ll work alongside collaborative, detail-oriented, and results-driven teammates.

You'll play a critical role in preparing, leading, and managing all costing and pricing aspects of services tenders, ensuring alignment with financial strategies and operational goals. Day-to-day, you’ll work closely with teams across the business (Bid Managers, Tender Leaders, Finance Tender Managers, and Technical Teams), lead cost estimation activities, and support the project team on costing aspects until key project milestones are achieved.

You’ll specifically take care of cost structure definition, cost optimization strategies, and tender validation processes, but also support value analysis and cost reduction initiatives.

We’ll look to you for:

• Preparing quick costing during the pre-tendering phase, leveraging product cost databases and project execution insights
• Defining cost structures and target costs in alignment with sales requirements and RFP terms
• Leading cost estimation activities and driving cost improvement actions to meet target costs
• Collaborating with the Finance Tender Manager to optimize financial costs and enhance overall competitiveness
• Ensuring consistency and robustness in costing through detailed analysis and validation processes
• Supporting project teams on costing for variation orders and design phase activities

All about you

We value passion and attitude over experience. That’s why we don’t expect you to have every single skill. Instead, we’ve listed some that we think will help you succeed and grow in this role:

• A degree in Engineering, Business, or a related field
• Experience in costing, pricing, or bids, ideally within the railway, manufacturing, energy, or oil and gas sectors
• Knowledge of cost estimation, financial rules, and contractual aspects
• Familiarity with value analysis, product costing, and cost models
• Strong analytical skills and the ability to challenge and validate cost inputs
• Excellent communication and collaboration skills, with experience working in diverse, multicultural teams

Things you’ll enjoy Join us on a life-long transformative journey – the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You’ll also:

• Enjoy stability, challenges, and a long-term career free from boring daily routines
• Work with cutting-edge standards for rail services and signalling
• Collaborate with transverse teams and supportive colleagues
• Contribute to innovative projects that make a real-world impact
• Utilise our flexible and inclusive working environment
• Steer your career in whatever direction you choose across functions and countries
• Benefit from our investment in your development, through award-winning learning programs
• Progress towards leadership roles or specialized technical expertise
• Benefit from a fair and dynamic reward package that recognises your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension)

You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!

As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We’re committed to creating an inclusive workplace for everyone.