Executive - Cost Control

JTEKT INDIA LTD.; Gurugram District; On-site; INR 600,000 - 1,000,000; Full time

Job summary

JTEKT INDIA LTD. seeks a skilled professional to focus on cost reduction initiatives and optimize processes in Gurugram District, Haryana. The role involves compiling cost reduction ideas from units, analyzing performance against targets, and ensuring alignment across departments. Candidates should possess strong skills in financial analysis and data reporting. This position is vital for driving efficiency and delivering cost-saving solutions across the organization.

Responsibilities

• Compilation of cost reduction ideas from units.
• Company level sales, database creation (Customisation).
• BOP cost database creation and comparison with previous month.
• Insurance-related operating level management and maintenance.

Skills

Financial analysis & cost control

Data analysis and reporting

Stakeholder coordination

Risk assessment and mitigation

Job description

Key Responsibility Areas

• Compilation of cost reduction ideas from units.
• Company level sales, database creation (Customisation).
• BOP cost database creation and comparison with previous month.
• Insurance‑related operating level management and record maintenance and control over renewal

Key Performance Indicators

• Cost Reduction & Optimisation :
• Compile and evaluate cost reduction (CR) ideas across business units
• Track actual savings vs, targets and analyze variances
• Drive implementation and monitor sustainability of cost‑saving initiatives
• Cross‑Functional Coordination:
• Collaborate with different units to identify and collect CR ideas
• Work closely with Production Units (PU) and Sales & Marketing (S&M) teams to drive cost efficiency initiatives
• Ensure alignment of cost‑saving goals across departments
• Cost Saving Initiatives (PU & S&M):
• Identify and implement cost‑saving opportunities in production and commercial functions
• Monitor performance and effectiveness of initiatives
• Provide periodic reporting and insights to management
• Sales & BOP Analysis
• Database Management-Sale, BOP and Cost matrix
• Insurance & Risk Management

Required Key Skills

• Financial analysis & cost control
• Data analysis and reporting
• Stakeholder coordination
• Risk assessment and mitigation