Engineering Team Lead

Caterpillar; Chennai District; On-site; INR 3,500,000 - 5,500,000; Full time

Job summary

Caterpillar is seeking an Engineering Team Leader to drive cost management transformation through digital cost modeling tools and standardized processes. You will partner across Engineering, Procurement, Manufacturing, and Supply Chain to improve cost visibility and enable data-driven decisions.

This role leads cost reduction initiatives, develops dashboards, and champions AI/automation in cost management while mentoring engineering teams to build capability and sustainability.

Qualifications

• Master's degree in Mechanical, Manufacturing, Industrial Engineering, Data Analytics, or related.
• 12+ years in Cost Engineering, Product Cost Management, or related fields.
• Experience with cost management tools such as Teamcenter PCM, aPriori.

Responsibilities

• Lead the development, deployment, and continuous improvement of cost modeling and analytics tools.
• Establish and standardize cost management processes, governance, and best practices.
• Manage cross-functional projects focused on cost reduction, value engineering, and process transformation.
• Drive adoption of digital technologies, automation, AI, and analytics solutions to enhance cost management capabilities.
• Coordinate with stakeholders to identify, prioritize, and execute cost optimization opportunities.
• Develop dashboards, reporting solutions, and executive summaries to improve cost visibility and business decision-making.
• Track program performance, opportunity realization, and business impact of cost initiatives.
• Provide technical leadership, mentoring, and capability development for engineering teams.
• Support sustainability and carbon footprint initiatives through cost and value optimization strategies.

Skills

Leadership

Project management

Stakeholder management

Communication

Problem solving

Data analytics

AI & automation

Cost modeling

Education

Masters in Mechanical/Manufacturing/Industrial Eng or Data Analytics

Tools

Teamcenter PCM

aPriori

Job description

Career Area: Engineering Job Description: Your Work Shapes the World at Caterpillar Inc. When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

Engineering Team Leader – Cost Management & Digital Solutions (SG23)

Role Summary

We are seeking an experienced Engineering Team Leader to drive cost management transformation through the development of digital cost modeling tools, establishment of standardized cost management processes, and leadership of strategic cost reduction initiatives. This role will partner with Engineering, Procurement, Manufacturing, Supply Chain, and Business teams to improve cost visibility, enable data-driven decision-making, and accelerate adoption of digital solutions across the organization.

Key Responsibilities

• Lead the development, deployment, and continuous improvement of cost modeling and cost analytics tools.
• Establish and standardize cost management processes, methodologies, governance, and best practices.
• Manage cross-functional projects focused on cost reduction, value engineering, and process transformation.
• Drive adoption of digital technologies, automation, AI, and analytics solutions to enhance cost management capabilities.
• Coordinate with stakeholders to identify, prioritize, and execute cost optimization opportunities.
• Develop dashboards, reporting solutions, and executive summaries to improve cost visibility and business decision-making.
• Track program performance, opportunity realization, and business impact of cost initiatives.
• Provide technical leadership, mentoring, and capability development for engineering teams.
• Support sustainability and carbon footprint initiatives through cost and value optimization strategies.

Qualifications

• Master's degree in Mechanical, Manufacturing, Industrial Engineering, Data Analytics, or related discipline.
• 12+ years of experience in Cost Engineering, Product Cost Management, Manufacturing Engineering, Digital Transformation, or Program Management.
• Strong understanding of manufacturing processes, product cost structures, cost estimation methodologies, and value engineering.
• Experience with cost management tools such as Teamcenter PCM, aPriori, or similar platforms.
• Exposure to AI, automation, and digital technologies for business transformation.
• Strong leadership, project management, stakeholder management, communication, and problem-solving skills.

Posting Dates: October 8, 2026 - October 21, 2026

Caterpillar is an Equal Opportunity Employer.

There’s more to work at Caterpillar than just the work itself. We hire smart, friendly people and it shows in our culture. We hold ourselves to high standards and make sure our values of integrity, excellence, teamwork, commitment and sustainability come to life in the way we work. We make sure our employees feel continuously challenged while also supported. We provide professional growth opportunities, including leadership programs. We celebrate the diversity of our team, while also working together as one Caterpillar. Our culture, like everything at our company, is made possible by each employee’s contribution. Person by person, we create the environment we work in, and we are proud of the Caterpillar we’ve built.