Product Cost Analyst

MAHLE GmbH; Pune District; On-site; INR 900,000 - 1,300,000; Full time

Job summary

MAHLE GmbH in Pune seeks a cost analyst to develop target cost models for new and existing products using TcPCM, with a strong emphasis on cost efficiency and cross-functional collaboration across engineering, manufacturing and purchasing teams.

The role includes benchmarking, teardown analyses, and creating should-cost estimates for components across processes such as injection molding, stamping, casting and machining while ensuring adherence to internal MAHLE standards and continuous

Qualifications

• Bachelor’s degree in engineering; mechanical, production, or industrial.
• Strong analytical skills and ability to interpret drawings and BOM.
• Experience with cost modeling and target costing is desirable.

Responsibilities

• Develop target cost models for new and existing MAHLE products using TcPCM software.
• Identify cost-saving opportunities and support design-to-cost with engineering, manufacturing & purchasing teams.
• Conduct benchmarking and teardown analysis of competitor products for cost insights.
• Create should-cost / zero-based cost estimates for components/assemblies across processes (injection molding, stamping, casting, machining, etc.).
• Develop and standardize Master cost calculations in TcPCM with technical inputs.
• Generate cost performance reports to monitor variances against targets and propose actions.
• Stay updated with industry trends to keep cost models current and competitive.
• Ensure compliance with MAHLE internal processes, standards, audits, and documentation.

Skills

MS Excel

PowerPoint

TcPCM

SAP

Team collaboration

Education

Bachelor's degree in Mechanical Engineering

Electrical or similar

Tools

TcPCM (Teamcenter)

SAP

Job description

Role Overview:

We are seeking a highly analytical, detailed oriented product cost analyst having good know-how of MAHLE products and related manufacturing processes (e.g. Injection molding, stamping, casting, machining etc.) to support conducting detailed cost benchmarking analysis, target costing activities and cost optimization initiatives across programs and products within BU2 (Thermal & Fluid Systems).

This role plays a key part in improving product cost efficiency through deep analysis, cross-functional collaboration, and effective use of Teamcenter Product Cost Management (TcPCM).

Your Contribution:

• Develop target cost models for NEW and existing MAHLE products using Siemens Team Center Product Cost Management (TcPCM) software.
• Identify cost-saving opportunities and support design-to-cost activities with product engineering, manufacturing & purchasing teams.
• Conduct benchmarking and teardown analysis of competitor products and generate comparative cost insights.
• Create detailed “should-cost” / “zero-based cost” estimates for components/assemblies of various manufacturing processes (e.g., injection molding, casting, stamping, machining, etc.) including electronic components (e.g. PCBs, wire harness, etc.)
• Develop and standardize “Master” cost calculations in TcPCM by integrating technical inputs.
• Generate cost performance reports to monitor variances against targets (gap analysis) and recommend findings, potential actions to internal stakeholders.
• Stay updated with industry trends, emerging technologies, and manufacturing innovations to ensure cost models remain current and competitive.
• Ensure compliance with MAHLE internal processes, standards, audits, documentation systems, and continuous improvement initiatives.

Your Experience and Qualification:

• Overall Experience: 6 to 13 years. (Note: Designation and Grade will be finalized based on the candidature)
• Bachelor’s degree in engineering (e.g. Mechanical, Production, Industrial, Electrical or similar)
• Proficiency in interpreting technical drawings, design specifications and BOM structures. Know-how of MAHLE thermal & fluid system products.
• Good engineering acumen and understanding of manufacturing processes (e.g. Injection molding plastics, Sheet metal, Casting, Machining etc.). Tooling know-how.
• Basic know-how of MTM Study (e.g. cycle time, TACT time, lead time etc.) & factors influencing it would be a plus.
• Experience in product design & development, and familiarity with SAP is a plus.
• Experience working with Teamcenter Product Cost Management (TcPCM) or similar would be an advantage.
• Excellent analytical and problem-solving skills. Passion to learn new concepts, technologies, and processes.
• Proficiency with MS Excel and PowerPoint.
• Ability to work independently and as part of a team.
• Good collaboration and communication skills. Fluent written and spoken English.

Why Join Us?

• Opportunity to work on all current and leading MAHLE products & develop techno-commercial capabilities.
• Collaborate with cross-functional teams across engineering, procurement, and manufacturing.
• Gain deep exposure to Teamcenter PCM (TcPCM) and learn advanced cost engineering practices.

DiversityMatters

With our inclusive culture, we welcome applications from all social, religious & ethnical backgrounds, disabilities both mental and physical, identities (gender) and neurodivergent people.

Any Questions ?

Facts about the job

Entry level: Experienced hires

Part- / Full-time: Full Time

Functional area: Research & Development

Department: BU2 Thermal and Fluid Systems

Location: Pune, IN

Your future at MAHLE

As a team player and someone who thinks ahead, you can deploy all your skills with us. In cooperation with colleagues from different countries and areas, you contribute in designing the mobility of the future. When selecting MAHLE, you choose trend-setting technologies and strategies. Are you interested in working with us and developing efficient and environmentally-friendly solutions, optimising existing products, and turning innovative ideas into reality? Then MAHLE is the right address for you.