Costing Lead - Capex

Tata Electronics; Kolar; On-site; INR 1,200,000 - 2,100,000; Full time

Job summary

Tata Electronics Private Limited seeks a Senior Bid & Costing Specialist to drive capex planning, should-cost modeling, and strategic bid decisions for manufacturing equipment and assets.

You will coordinate with engineering, operations, sourcing, finance and suppliers to develop bottom-up estimates, evaluate make-versus-buy options, and present recommendations to management for complex RFQs.

Qualifications

• Bachelor's degree in engineering; MBA preferred.
• 10–15 years in costing, CAPEX planning, bid management or related fields.
• Proven ability to lead multidisciplinary teams and deliver evidence-based recommendations.
• Experience supporting RFQs, technical proposals, and manufacturing industrialization.
• Strong analytical and financial modeling skills.

Responsibilities

• Own capex architecture and investment planning across bid opportunities.
• Lead the assigned bid workstream, integrate SME inputs, and present recommendations during gates.
• Develop bottom-up should-cost models for equipment, tooling, automation, and manufacturing infrastructure.
• Perform scenario modeling, sensitivity analysis, and investment trade-off studies for bid decisions.
• Conduct make-versus-buy evaluations with technical, operational, and financial assessments.
• Review RFQs, specifications, drawings, BOMs to identify gaps, risks, and assumptions.
• Define workstream solutions, baselines of estimates, and implementation milestones.
• Develop estimates for quantities, lead times, and capital investments.
• Assess equipment sourcing strategies and lead-time risks for standard and custom equipment.

Skills

Cost modeling

Financial analysis

Bid management

RFQ analysis

ERP

PLM

BOM management

NPI

Capital expenditure planning

Scenario modeling

Education

BE/BTech in IE/ME/Production/EE/EC

MBA or PG in Ops/Finance

Tools

ERP systems

PLM platforms

BOM management tools

Job description

About the Business:

Tata Electronics Private Limited (TEPL) is a greenfield venture of the Tata Group with expertise in manufacturing precision components.

Tata Electronics (a wholly owned subsidiary of Tata Sons Pvt. Ltd.) is building India’s first AI-enabled state-of-the-advanced Semiconductor Foundry. This facility will produce chips for applications such as power management IC, display drivers, microcontrollers (MCU) and high-performance computing logic, addressing the growing demand in markets such as automotive, computing and data storage, wireless communications and artificial intelligence.

Tata Electronics is a subsidiary of the Tata group. The Tata Group operates in more than 100 countries across six continents, with the mission 'To improve the quality of life of the communities we serve globally, through long term stakeholder value creation based on leadership with Trust.’

Responsibilities

• Own capex architecture and investment planning activities across customer bid opportunities, ensuring solutions are technically and commercially optimized.
• Lead the assigned bid workstream, integrate subject matter expert inputs, and present recommendations during management review and approval gates.
• Develop bottom-up should-cost models for equipment, tooling, automation, manufacturing infrastructure, and supporting capital investments.
• Perform scenario modeling, sensitivity analysis, and investment trade-off studies to support strategic bid decisions.
• Conduct make-versus-buy evaluations, including technical, operational, and financial assessments supported by NPV, IRR, and payback analysis.
• Review and approve the technical basis of estimate prior to submission into proposal costing and bid management processes.
• Review RFQs, customer specifications, drawings, BOMs, standards, and technical data packages to identify gaps, risks, assumptions, and clarification requirements.
• Develop structured customer clarification lists and convert incomplete RFQ inputs into explicit assumptions, dependencies, exclusions, and closure actions.
• Define workstream solutions, basis of estimates, implementation approaches, assumptions, risks, mitigation plans, and technical dependencies.
• Develop estimates for quantities, cycle times, resource loading, equipment and tooling requirements, NRE, capex, lead times, and implementation milestones.
• Assess equipment sourcing strategies and evaluate lead-time exposure for both standard and custom-built manufacturing equipment.

Essential Attributes:

• Capital expenditure planning, equipment investment strategy, and manufacturing infrastructure cost modeling.
• Development of bottom-up should-cost models for manufacturing equipment, automation systems, tooling, fixtures, and production assets.
• Financial evaluation techniques including NPV analysis, IRR calculations, payback analysis, return-on-investment assessment, and business case development.
• Scenario modeling, sensitivity analysis, investment trade studies, and make-versus-buy decision frameworks.
• RFQ decomposition, requirements analysis, compliance matrix development, and requirements traceability management.
• Bid strategy development, proposal governance, solution storytelling, executive presentations, and customer clarification management.
• Integrated planning, RAID management, risk assessment, change management, and configuration control.
• Commercial evaluation of cost structures, schedules, contractual obligations, lead-time risks, and investment decisions.
• Equipment sizing, manufacturing capacity planning, resource loading analysis, cycle-time calculations, and implementation scheduling.
• Supplier evaluation, quotation analysis, sourcing strategy development, and technical-commercial recommendation preparation.
• Experience with ERP systems, PLM platforms, BOM management, document repositories, and controlled bid content environments.
• Strong analytical, financial modeling, structured problem-solving, and evidence-based decision-making capabilities.
• Excellent communication, stakeholder management, negotiation, and customer presentation skills.
• Proven capability to lead multidisciplinary teams across engineering, operations, quality, sourcing, finance, supply chain, and supplier organizations.
• Strong ownership mindset, attention to detail, and ability to consistently deliver high-quality outputs against fixed bid deadlines.

Desired Experience Level:

• 10-15 years of relevant experience in costing, capital expenditure planning, bid management, manufacturing industrialization, NPI, engineering, or related functions within EMS or complex manufacturing environments.
• Demonstrated experience supporting customer RFQs, technical proposals, manufacturing industrialization initiatives, and investment planning activities.
• Proven track record of leading multidisciplinary teams and delivering evidence-based technical and commercial recommendations.
• Ability to work effectively with global customers, suppliers, and cross-functional teams across multiple time zones.
• Willingness to travel for customer workshops, supplier reviews, equipment trials, and program reviews as required.
• Strong written and verbal communication skills with customer-facing presentation capabilities.

Qualifications:

• B.E./B.Tech in Industrial Engineering, Mechanical Engineering, Production Engineering, Electrical Engineering, Electronics Engineering, or a related engineering discipline.
• MBA or Postgraduate qualification in Operations Management, Finance, or a related discipline preferred.