Senior Manager (L5) - Cost Engineer - Electrical Prop

TATA Marcopolo Motors Ltd. Dharwad; Pune District; On-site; INR 900,000 - 1,400,000; Full time

Job summary

Tata Motors is seeking a Cost Engineer – Proprietary Electrical in Pune to develop and mature cost targets for electrical components. You will lead should-cost modelling, drive cost reduction ideas and support sourcing and design-for-cost initiatives in new programs.

Be responsible for creating detailed cost estimates, analyzing cost drivers and delivering cost targets on time across product development stages.

Qualifications

• Model should cost tools and databases to develop the most cost-effective design and manufacturing options for key components or subassemblies
• Function-cost-value analysis & cost reduction idea generation levers
• Supply chain & value stream mapping
• Category specific software expertise such as CAD, PLM, FormSuite, flowmold, CapitalH, Autoform, SAP etc.

Responsibilities

• Develop target costing and establish detailed should cost estimates for the components (Proprietary Electrical)
• Generate directional cost / reference cost / detail should cost targets as the design evolves
• Independently create error free should cost models
• Develop tooling cost estimates using should cost / reference cost models for calculating tooling should-cost, and provide inputs for Capex target setting
• Establish target cost for the components
• On time delivery of target cost sign off
• Directional within +/-10%, Intermediate within+/- 5%, Detailed – 0

Skills

Cost engineering

Target costing

Should cost models

Cost reduction

Sourcing

Analytical skills

Education

BE/B.TECH in Electrical / Electronics Engineering

Tools

CAD

PLM

FormSuite

flowmold

CapitalH

Autoform

SAP

Job description

Date: Oct 7, 2026

Location: Pune, MH, IN

Position Summary With Job Responsibilities

• Position Name Cost Engineer – Proprietary Electrical
• Position level Level 5
• DEM position name Lead Cost Engineering
• DEM position level Level 4
• FEM position name Not Applicable
• FEM position level Not Applicable

Education Graduation In Engineering (MBA,ICWA Preferred)

Model should cost tools and databases to develop the most cost-effective design and manufacturing options for key components or subassemblies

• Function-cost-value analysis & cost reduction idea generation levers
• Supply chain & value stream mapping
• Category specific software expertise such as CAD, PLM, FormSuite, flowmold, CapitalH, Autoform, SAP etc.

Relevant Experience

• 3 to 7 years of experience in the domain of technology type company (Auto Ancillary and manufacturing process e.g., casting, forging, electrical, electronic Plastics, Sheet Metal).
• Good Knowledge of latest trend in technology
• Experience in lean manufacturing or six sigma programs will considered a plus.
• Experience in EV specific part development / Sourcing / Costing

Key Responsibilities

1. Develop target costing and establish detailed should cost estimates for the components (Proprietary Electrical)
   • Generate directional cost / reference cost / detail should cost targets for components based on various inputs available across product development stages
   • Mature the directional/reference cost targets of the components to detail should cost as the design evolves.
   • Independently create error free should cost models
   • Develop tooling cost estimates using should cost / reference cost models for calculating tooling should-cost, and provide inputs for Capex target setting
   • Establish target cost for the components
   • On time delivery of target cost sign off
   • % age detailed should cost coverage at various gateways
   • Directional within +/-10%, Intermediate within+/- 5%, Detailed – 0
2. Ensure/ deliver design to cost and source to cost targets achievements for the component targets of programs.
   • Pursue component cost targets with engineering to achieve the design to cost targets for new programs
   • Perform cost driver analysis, design cost analysis on components to achieve design to cost targets.
   • Perform Supplier Quotation analysis with respect to should cost model and develop supplier negotiation fact pack for components
   • Perform Linear price performance models and generate opportunities to improve cost performance
   • Generate, provide valuation and syndicate cost reduction ideas based on should cost driver analysis in cost reduction workshops to achieve component subsystem cost reduction targets.
   • Benchmarking , competition should costing , best of Best cost driver analysis and its application into various projects to drive cost efficiencies
   • Perform data analysis and execute analytics based levers for idea generation (LPP, Weight Tree Cost Tree, Function Cost etc )

Education

BE/B.TECH in Electrical / Electronics Engineering

Work Experience

Tata Motors Leadership Competencies

• Customer Centricity - Anticipating, understanding and focusing efforts on meeting the customer (stakeholders) needs or expectations
• Developing Self and Others - Recognizing continuous development is essential for success and taking steps to develop self and helping others to excel
• Driving Execution - Translating strategy into action and execution
• Leading by Example - Encouraging and following ethical standards
• Leading Change - Recognizing the need for change, initiating and adapting to change
• Motivating Self and Others - Inspiring teams and individuals