Costing Manager

RGBSI; Chennai District; Hybrid; INR 1,200,000 - 2,400,000; Full time

Job summary

RGBSI is seeking a Cost Manager in Chennai with 12–15 years of commodity management experience across engineering and manufacturing sectors. You will drive cost analyses, build cost models, and partner with procurement, finance, and product teams to optimize material and process costs.

Experience in raw material indexation, packaging and logistics cost estimation, and market benchmarking is required. MBA is a plus; immediate to 30 days notice preferred.

Qualifications

• 12–15 years of experience in commodity management in Engg/ Manufacturing industry.
• Knowledge of cost modelling and market benchmarking for high-technology manufacturing.
• Familiarity with semiconductor, automotive, electrical equipment supply chains or similar industries.
• Understanding of material cost structures, overheads, and profitability considerations.

Responsibilities

• Lead cost analysis across raw materials, components, and processes.
• Develop and apply zero-based cost models and cost breakdown structures.
• Benchmark costs against industry standards and identify optimization opportunities.
• Collaborate with NPI, manufacturing, procurement, finance, and product teams to deliver cost improvements.
• Estimate packaging and transportation costs and analyze cost drivers across the supply chain.

Skills

Raw material indexation

Cost breakdown

Fixed & variable cost understanding

Machine hour rate calculations

Cost of Capital

Inventory carrying cost

Labor rates worldwide

Packaging cost & transport

Special process cost estimates

Market benchmarking

Cross-functional partnership

Education

BE/B.Tech in Mechanical / Electrical / Industrial Engg.

Job description

Cost Manager

Years of Exp : Min 12~15 yrs in commodity management in Engg / ManufacturingIndustry

Job Experience

• Commodity Mgmt, Commercial Negotiations, Costing and familiarity with Semiconductor, Automotive, Electrical Equipment Manufacturing or high-technology supply management practices, standards and organizations.
• Business & technical understanding of Manufacturing & Assembly processes related to Mechanical, Electrical Components such as Fittings, Tubing, Valves, Regulators, MFCs, Weldments, Machining, OEM’s Proprietary etc.

Educational: BE/B.Tech in Mechanical / Electrical / Industrial Engg. MBA will be an added advantage.

Mandatory Skills & Requirement

• Raw material indexation (LME, SME (Knowledge of Raw material grades), scrap cost)
• Knowledge of zero-based cost model / Cost breakdown.
• Understanding of component cost structure (Fixed, variable cost, Industry benchmark for overhead and profit)
• Machine hour rate calculations. Cost of Capital. Inventory carrying cost
• Labor rates across globe. (Min wages, skilled, unskilled manpower rates, payroll, contract)
• Packaging cost calculation & transportation cost estimates.
• Special process cost estimates (Powder coating, painting, plating, passivation, cleaning) welding, laser cutting etc.
• Market benchmarking
• Proven ability to gain partnerships & excel in working & leading in a cross-functional environment with NPI, Product Development, manufacturing, quality as well as procurement, finance, and product support.

Desirable Skills & Requirement

• Proficient in Data Analytics & Presentation Skills
• Six sigma green belt or above is a plus

Notice Period-Immediate to 30days.