Manager - Costing

Mahindra And Mahindra Ltd.; Bengaluru; On-site; INR 2,200,000 - 4,000,000; Full time

Job summary

Mahindra And Mahindra Ltd. in Bengaluru, India seeks an experienced Costing Expert to lead electrical and electronics cost analysis for power electronics, wiring harness, and proprietary E/E parts in automotive programs.

The role partners with design and procurement to build BOM cost models, assess change impacts, and support make-vs-buy decisions while driving profitability through monthly cost reporting and benchmarking against competitors.

Qualifications

• Should costing expertise in Electrical & Electronics components (power electronics, wiring harness, proprietary E/E parts).
• Maintain detailed cost structures (BOM breakdowns, raw material indexing, should-cost models, variance vs target/actual).
• Manage change control costing and assess impact on part, system, and vehicle cost.
• Work with cross-functional teams to estimate BOM cost for new parts/concepts, assemblies, and redesigns.
• Benchmark competition and provide cost optimization inputs to design teams.
• Perform profitability analysis and support make vs buy decisions.
• Own monthly material cost reporting at vehicle and system level.

Responsibilities

• Lead costing initiatives for electrical and electronic components across vehicle programs.
• Develop BOM cost structures and should-cost models for new parts and redesigns.
• Assess change impacts on part, system, and vehicle level costs.
• Collaborate with design, procurement, and finance to estimate BOM costs.
• Benchmark competitors and drive cost optimization inputs to design teams.
• Conduct profitability analyses and support make vs buy decisions.
• Own monthly material cost reporting at vehicle and system level.

Skills

Costing expertise

Electrical & electronics

BOM analysis

Should-cost modeling

Make vs buy decisions

Profitability analysis

Cross-functional collaboration

Cost reporting

Education

B.E./B.Tech

Job description

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• Should costing expertise in Electrical & Electronics components (power electronics, wiring harness, proprietary E/E parts)
• Maintain detailed cost structures (BOM breakdowns, raw material indexing, should-cost models, variance vs target/actual)
• Manage change control costing and assess impact on part, system, and vehicle cost
• Work with cross-functional teams to estimate BOM cost for new parts/concepts, assemblies, and redesigns
• Benchmark competition and provide cost optimization inputs to design teams
• Perform profitability analysis and support make vs buy decisions
• Own monthly material cost reporting at vehicle and system level

Experience

10 to 12 Years

Industry Preferred

Automotive

Qualifications

B.E./B.Tech

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