Senior Engineer - Cost Management

Talent Hired-the Job Store; Chennai District; Presencial; INR 1 400 000 - 1 800 000; Tempo integral

Resumo da oferta

Talent Hired-the Job Store in India is seeking a Senior Engineer - Cost Management (Aluminium Casting) to lead raw material cost management and strategic sourcing for the casting portfolio, focusing on commercial, costing, and procurement rather than QA.

The role covers price management, supplier negotiations, RFQ/RPQ processes, alloy allocation planning, inventory and MIS reporting, and coordination with Finance and Purchasing to ensure timely closures.

Qualificações

• 4 to 7 years in 2W/4W automotive OEMs or Tier-1 auto-ancillary organizations.
• Hands-on commercial/costing exposure to casting components including Crankcases, Crankcovers, Cylinder Heads, Engine Barrels, and Alloy Wheels.

Responsabilidades

• Coordinate with RM suppliers for monthly price confirmation and closure.
• Estimate monthly weighted-average pricing and circulate price summaries.
• Manage monthly reconciliation for RM prices and commercial transactions.
• Monitor global alloy market price movements to support cost-control initiatives.
• Float monthly RFQs, manage RPQ receipts, and lead commercial evaluations.
• Develop and execute strategic alloy allocation plans based on demand and supplier capability.
• Ensure uninterrupted alloy availability to meet production schedules.
• Manage warehouse POs and import duty payments for materials.
• Submit weekly/monthly vehicle plans for raw material distribution.
• Verify daily alloy dispatches and monitor scrap vehicle placement.
• Track scrap GRN status and resolve material movement bottlenecks.
• Maintain weekly tracking for all imported materials.
• Prepare provision cost-sharing for upcoming quarter and support financial reconciliations with cross-functional teams.

Conhecimentos

Cost management

Strategic sourcing

Procurement

Supply chain coordination

Financial reconciliation

Formação académica

B.E / B.Tech in Mechanical, Production, or Metallurgy Engineering

Descrição da oferta de emprego

Job Title:

Senior Engineer - Cost Management (Aluminium Casting Commodity)

Job Description:

We are a leading, globally recognized Premium Automotive OEM operating state-of-the-art manufacturing facilities. We are seeking a highly analytical and technical professional to lead our Raw Material Cost Management and Strategic Sourcing division for the casting commodity portfolio. Please note: This is a commercial, costing, and sourcing role. Candidates must have deep knowledge of casting components but should possess a background in Cost Management / Strategic Sourcing / Procurement, not Quality Assurance or Quality Control.

Roles & Responsibilities

1. Raw Material Price & Cost Management

• Coordinate with raw material (RM) suppliers for monthly price confirmation and ensure timely closure.


• Estimate monthly weighted-average pricing, complete bookings, and circulate the Weighted Average Price Summary to suppliers within defined timelines.


• Manage monthly reconciliation and approval processes for RM prices and related commercial transactions.


• Monitor global and domestic alloy market price movements to actively support company cost-control initiatives.

2. Strategic Sourcing & Alloy Procurement

• Float monthly RFQs, manage RPQ quotation receipts, and lead comprehensive commercial evaluations.


• Develop and execute strategic alloy allocation plans based on plant demand, supplier capability, and commercial metrics.


• Ensure 100% uninterrupted alloy availability to meet strict production schedules.


• Manage warehouse lease/purchase POs and process necessary custom duty payments for imported materials.

3. Logistics, Planning & Supply Chain Coordination

• Submit weekly and monthly vehicle plans for raw material distribution to the central transport team.


• Verify daily alloy dispatches and monitor scrap vehicle placement at the plants.


• Track scrap Goods Receipt Note (GRN) status and resolve material movement bottlenecks with suppliers and transporters.


• Maintain a weekly tracking mechanism for all imported materials.

4. Inventory Control & MIS Management

• Update and maintain the monthly alloy stock MIS report by the 7th of every month.


• Monitor stock levels, calculate consumption coverage, and forecast future material requirements.


• Maintain highly accurate procurement, inventory, and supplier compliance records.


• Provide regular tracking updates on scrap stock reconciliation and material availability.

5. Financial & Quarterly Commercial Operations

• Prepare provision cost-sharing requirements for the upcoming quarter by the end of the current month.


• Support quarterly cost planning, commercial settlements, and financial reconciliation activities.


• Lead cross-functional coordination with Finance, Costing, Purchase, and external Suppliers for timely closures.

Desired Candidate Profile

• Experience: 4 to 7 Years in 2W/4W Automotive OEMs or Tier-1 Auto-Ancillary organizations.


• Component Exposure: Hands-on commercial/costing exposure to casting components including Crankcases, Crankcovers, Cylinder Heads, Engine Barrels, and Alloy Wheels (HPDC / LPDC processes).


• Core Competency: Strong command over should-cost estimation, commodity pricing mechanisms, commercial negotiation, and raw material index tracking.


• Education: B.E / B.Tech in Mechanical, Production, or Metallurgy Engineering.