Senior Manager-Cost Management, Product Line

Tata Motors Global Services Limited; Pune District; On-site; INR 1,200,000 - 2,400,000; Full time

Job summary

Tata Motors Global Services Limited is seeking a Cost Manager to drive end-to-end cost governance across product development and operations in Pune. The role collaborates with engineering, purchase, finance and operations to optimize budgets, update cost books, and enable datadriven decisions through VAVE initiatives and long-term planning.

The candidate should have 5-10 years of cost management experience, with costing expertise in chassis components and strong skills in Excel and PowerPoint.

Qualifications

• 5-10 years of experience in cost management/cost engineering/purchase functions.
• Costing expertise in chassis commodity- Steering, Axle, gears, brakes.
• In-depth knowledge of costing, trends, and markets.

Responsibilities

• Cost Book Preparation, monitoring and updating for including new SOR Part numbers
• Tracking of Budget requests on daily basis and map Pendency status
• Evaluation for cost impact and clearance of DCR in pFirst / PLM system
• Go Fast system clearance for Tooling Cost budgets
• Create Should Cost request (Cost Engineering) in pFirst system for new parts
• Share Should Cost with Purchase Buyer and facilitate discussion to meet Should Cost
• Work with ERC CoC for getting required clarity on new parts to optimize the cost
• Work closely with Purchase buyers for optimizing Budget requests
• Maintain and update the cost data of existing Programs as reference for new Programs
• Periodic PO Price data mapping from SAP for latest DMC updates
• Periodic mapping of occurrence & commitment reports for meeting annual targets
• Periodic coordination with FIAL Fin team for the glider cost rollup
• Periodic mapping of RM base (with Purchase support) & FOREX movement for Biz Case sensitivity mapping
• Support Product Planning Group for KO Gateway deliverables
• Work with the operations team for achieving the VAVE cost reduction target.

Skills

Cost management

Cost engineering

Purchase coordination

MS Excel

PowerPoint

Tools

SAP

Job description

Purpose of the Role

The cost manager will drive end-to-end cost governance by managing cost books, evaluating cost impacts, optimizing budgets, and enabling datadriven decision-making across product development. The role ensures cost efficiency through close collaboration with engineering, purchase, finance, and operations teams, supporting new programs, VAVE initiatives, and longterm business planning.

Job Responsibility

• Cost Book Preparation, monitoring and updating for including new SOR Part numbers
• Tracking of Budget requests on daily basis and map Pendency status
• Evaluation for cost impact and clearance of DCR in pFirst / PLM system
• Go Fast system clearance for Tooling Cost budgets
• Create Should Cost request (Cost Engineering) in pFirst system for new parts
• Share Should Cost with Purchase Buyer and facilitate discussion to meet Should Cost
• Work with ERC CoC for getting required clarity on new parts to optimize the cost
• Work closely with Purchase buyers for optimizing Budget requests
• Maintain and update the cost data of existing Programs as reference for new Programs
• Periodic PO Price data mapping from SAP for latest DMC updates
• Periodic mapping of occurrence & commitment reports for meeting annual targets
• Periodic coordination with FIAL Fin team for the glider cost rollup
• Periodic mapping of RM base (with Purchase support) & FOREX movement for Biz Case sensitivity mapping
• Support Product Planning Group for KO Gateway deliverables
• Work with the operations team for achieving the VAVE cost reduction target.

Desired Candidate ProfileDesired Candidate Profile

• 5-10 years of experience in cost management/cost engineering/purchase functions.
• Costing expertise in chassis commodity- Steering, Axle, gears, brakes.
• In-depth knowledge of costing, trends, and markets
• Experience of Coordination with vehicle integration , ERC, Purchase, AQ, and mfg. engg.

Skills & Competencies

• Driving execution
• CFT approach
• Cost management
• Well versed with MS EXCEL, PowerPoint
• Communication