Senior Engineer - PTD PCL

Mahindra & Mahindra Limited; Chennai; On-site; INR 900,000 - 1,200,000; Full time

Job summary

Mahindra and Mahindra Limited is seeking a Material Cost Engineer to monitor and drive material costs across projects. You will benchmark costs, provide inputs for VAVE and Target Costing, and coordinate with cross-functional teams to ensure timely cost approvals.

You will work with Powertrain knowledge and MS Office tools to prepare reports, present findings, and support decision-making for cost optimization across ICE and EV programs.

Qualifications

• BE/B.Tech in engineering with relevant cost/engineering exposure.
• Experience in cost control, benchmarking and VAVE.
• Knowledge of Powertrain and vehicle systems is preferred.

Responsibilities

• Prepare material cost benchmarks for business cases and options.
• Monitor and track project material costs and risk alarms.
• Collaborate with CFT to input cost data and drive target costing.
• Provide visibility on overall material cost and cost approvals process.
• Work on MS Office tools for reporting and presentations.

Skills

Powertrain knowledge

Manufacturing processes

Cost benchmarking

VAVE

Target costing

Project monitoring

Networking

Communication

Presentation

Analytical skills

Commercial acumen

Education

BE/B.Tech

Tools

MS Excel

MS Word

PowerPoint

Job description

Select how often (in days) to receive an alert:

• Prepare Material cost for business case, preparation by providing cost benchmarks and options
• Share part/ system wise material cost with platform team
• Evaluating PTD at System/Part level at different stage of Development of Product from Business case to SOP
• Keep track on timely feasibility comments on SOR basis business case targets
• Keep track on timely SBC (Part and Tooling) to SSU
• Timely communication of ROCM SBC to SSU
• Support Internal systems to facilitate necessary cost approvals due to all change events wrt Cost
• Custodian of material cost montoring and control
• Closely work with CFT to get desired cost inputs
• Montoring and tracking of Project business case ( material cost) targets
• Provide visibility on overall material cost and raise necessary risk alarms along with mitigation measures
• Working on Microsoft office. (MS Excel, word, Power point presentation etc)

Qualifications

BE/B.Tech

General Requirements

• Knowledge of overall Powertrain and vehicle level systems, especially on ICE and EV
• Knowledge of different Manufacturing processes
• Knowledge of Component Cost Benchmarking, VAVE, Target Costing / Business perspective.
• Working knowledge & experience of monitoring projects
• Excellent Networking, communication, Presentation & analytical skills
• Commercial Accumen

Person Profile:

• Good communication – both written and verbal
• Excellent Analytical Skill
• High level of problem solving skill
• Excellent team player

Out-of-box thinker

Our commitment to Diversity, Equity, and Inclusion

At Mahindra and Mahindra Limited, we believe that diversity drives innovation, and inclusion is at the heart of everything we do. We are committed to cultivating a workplace where every individual feels valued, respected, and empowered to thrive.
We are proud to be an Equal Opportunity Employer. All qualified applicants will be considered for employment without regard to age, caste, race, religion, color, ethnic origin, gender identity, nationality, physical or mental disability, medical condition, sexual orientation, educational background, marital or domestic partnership status, pregnancy or childbirth, veteran status, citizenship status, ancestry, financial status, or any other personal characteristic protected by applicable law.
We actively encourage candidates from all backgrounds to apply and bring their unique perspectives to our teams. We are committed to ensuring an accessible and inclusive experience for all applicants.
Together, we rise by embracing differences and building a future that reflects the communities we serve.

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