Cost Officer

4 days ago


Bengaluru, Karnataka, India Schneider Electric Full time

Job Description for – Costing Function

Mission of the Job:

We are seeking a skilled professional to calculate and update with high accuracy, the cost of components, sub-assemblies, and products for new projects.

  • Develop and provide productivity targets through value analysis of products.

Key Objectives:

  • Calculate the detailed cost of a new product using Schneider Electric's methodology.
  • Evaluate and share the cost of a new product with the manufacturing plant to ensure acceptance.
  • Track and update costs during project stage gates.
  • Alert stakeholders in case of deviations.
  • Analyze product costs to identify potential savings.
  • Compare different techno-industrial solutions and determine the most cost-effective option based on ROI calculation.
  • Gather data from various Schneider Electric sources, including purchase, finances, manufacturing plants, logistics, and other countries, and consolidate them.
  • Pursue cost reduction opportunities by setting aggressive yet achievable targets.
  • Utilize the SE Cost database (Scala, Bridge, etc.) to inform cost-related decisions.
  • Develop and maintain a cost database, generating and updating it as needed.
  • Perform value analysis on existing products to set productivity targets.
  • Estimate costs for parts of product localization and rebalancing.
  • If required, calculate product margins and localization rates.
  • Implement Design to Cost level 1 in Projects.
  • Conduct teardown analyses of Schneider and competitor products.
  • Calculate the cost of all components, including plastics, metals, and PCBA.

Requirements:

Graduate degree in Finance or a related field is preferred. Advanced financial courses and costing experience are essential.

A minimum of 12-15 years of experience in costing and accounting is required.

Strong financial proficiency is necessary for this role.


  • Costing Officer

    4 weeks ago


    Bengaluru, Karnataka, India Weir Full time

    Costing Officer - Manufacturing Weir Minerals Bangalore Onsite Purpose of Role: As the Costing Officer - Manufacturing, you are responsible for managing and analyzing the cost structures of an organization. This role involves preparing budget reports, monitoring expenditures, and evaluating financial performance to support strategic...

  • Cost Officer

    3 weeks ago


    Bengaluru, Karnataka, India Schneider Electric Full time

    for - Costing FunctionMission of the JobCalculate and update with the best accuracy the cost of components sub assemblies and products for new projectsProvide productivity target through products value analysis Key ObjectivesCalculate the detailed cost of a new product as per Schneider Electric MethodologyMake sure that cost evaluation of a new product is...

  • Cost Officer

    6 days ago


    Bengaluru, Karnataka, India Schneider Electric Full time

    Job Description for – Costing FunctionMission of the JobCalculate and update with the best accuracy, the cost of components, sub assemblies and products for new projects1. Provide productivity target through products value analysisKey Objectives1. Calculate the detailed cost of a new product as per Schneider Electric Methodology2. Make sure that cost...

  • Cost Officer

    6 days ago


    Bengaluru, Karnataka, India Schneider Electric Full time

    Job Description for – Costing FunctionMission of the JobCalculate and update with the best accuracy, the cost of components, sub assemblies and products for new projects Provide productivity target through products value analysisKey ObjectivesCalculate the detailed cost of a new product as per Schneider Electric Methodology Make sure that cost evaluation...

  • Cost Analyst

    3 days ago


    Bengaluru, Karnataka, India Schneider Electric Full time

    **Job Overview:**Schneider Electric is seeking a highly skilled Cost Officer to join our team. This role involves calculating and updating the cost of components, sub-assemblies, and products for new projects.**Key Responsibilities:**Provide productivity targets through product value analysisCalculate the detailed cost of new products using Schneider...

  • Costing Specialist

    4 days ago


    Bengaluru, Karnataka, India Schneider Electric Full time

    **Job Overview**Schneider Electric is seeking a skilled professional to join its team as a Cost Officer. This role involves calculating and updating the cost of components, sub-assemblies, and products for new projects with high accuracy.Mission of the Job:Develop and provide productivity targets through value analysis of products.Key Objectives:Calculate...


  • Bengaluru, Karnataka, India Schneider Electric Full time

    **Job Summary**Schneider Electric is seeking a highly skilled Cost Officer to join its team. As a Cost Officer, you will play a crucial role in calculating and updating the cost of components, sub-assemblies, and products for new projects.Key Responsibilities:Develop and provide productivity targets through value analysis of products.Calculate the detailed...

  • Cost Estimator

    5 hours ago


    Bengaluru, Karnataka, India Schneider Electric Full time

    Job OverviewSchneider Electric is a leading global company in energy management and automation. We are seeking a highly skilled Cost Officer to join our team.The successful candidate will be responsible for calculating and updating the cost of components, sub-assemblies, and products for new projects. This role requires a deep understanding of costing...

  • Costing Role

    19 hours ago


    Bengaluru, Karnataka, India Biocon Biologics Full time

    At Biocon Biologics, we are creating a model for the future of healthcare for all. We are a leading company in the biosimilars revolution where patients come first. Our ambition is to impact a billion lives and we do this by fostering a culture of affordable innovation, patient centricity and disruptive thinking. We are a multicultural global company where...

  • Costing Role

    1 week ago


    Bengaluru, Karnataka, India Biocon Biologics Full time

    Job DescriptionAt Biocon Biologics, we are creating a model for the future of healthcare for all. We are a leading company in the biosimilars revolution where patients come first. Our ambition is to impact a billion lives and we do this by fostering a culture of affordable innovation, patient centricity and disruptive thinking. We are a multicultural global...


  • Bengaluru, Karnataka, India Schneider Electric Full time

    **About the Role:**This Cost Officer position requires a detail-oriented individual with strong analytical skills. The successful candidate will be responsible for calculating and updating the cost of components, sub-assemblies, and products for new projects.**Key Responsibilities:**Perform teardowns for Schneider and competitor products to identify...

  • Cost Accountant

    4 weeks ago


    Bengaluru, Karnataka, India Black Box Full time

    We are looking for Cost Accountant based in Bengaluru, India to manage accounting of financial transactions of projects and contracts for Black Box.Reporting to the Senior Finance Manager, the successful candidate will be part of Centre of Excellence (CoE) team based in Bangalore and will play a key role in building up a team that can deliver world class...

  • Financial Expert

    2 days ago


    Bengaluru, Karnataka, India Schneider Electric Full time

    **Job Summary:**We are looking for an experienced Cost Officer to support our costing function. The successful candidate will be responsible for calculating and updating the cost of components, sub-assemblies, and products for new projects.**Key Accountabilities:**Conduct product value analysis to identify areas for cost reductionDevelop and maintain...

  • Senior Cost Manager

    6 days ago


    Bengaluru, Karnataka, India Lambsrock Full time

    POSITION Senior Cost ManagerDEPARTMENT Cost ManagementREPORTING TO Associate Director Cost ManagementDIRECT REPORTS Associate Director Cost ManagementLOCATION BengaluruOur goal at LAMBSROCK is to provide unparalleled service to every client setting the benchmark within our industry As a Senior Cost Manager you ll be at the forefront of our mission ...


  • Bengaluru, Karnataka, India Randstad Full time

    About UsWe are a global leader in the recruitment and HR services industry, with a presence in over 30 countries worldwide. Our mission is to provide innovative workforce solutions that enable our clients to achieve their business objectives.Job OverviewWe are seeking a seasoned Professional to lead our FPSO project team. The successful candidate will have...

  • Senior Cost Manager

    2 weeks ago


    Bengaluru, Karnataka, India Lambsrock Full time

    POSITION: Senior Cost Manager DEPARTMENT: Cost Management REPORTING TO: Associate Director Cost Management DIRECT REPORTS: Associate Director Cost Management LOCATION: Bengaluru Our goal at LAMBSROCK is to provide unparalleled service to every client, setting the benchmark within our industry, As a Senior Cost Manager, you'll be at the forefront of our...


  • Bengaluru, Karnataka, India 3M Full time

    Job Title: COGS SpecialistAbout the Role:Purchase price variance analysis at soft close and month end close to ensure accurate financial reporting.GRIR clearing and exception approval to maintain inventory accuracy and compliance.Third-party costing analysis, validations, and sign-off of annual standard costs to optimize pricing strategies.Monthly...

  • Senior Cost Manager

    2 weeks ago


    Bengaluru, Karnataka, India LAMBSROCK Full time

    Job DescriptionPOSITION: Senior Cost ManagerDEPARTMENT: Cost ManagementREPORTING TO: Associate DirectorCost ManagementDIRECT REPORTS: Associate DirectorCost ManagementLOCATION: BengaluruOur goal at LAMBSROCK is to provide unparalleled service to every client, setting the benchmark within our industry, As a Senior Cost Manager, you&aposll be at the forefront...


  • Bengaluru, Karnataka, India TE Connectivity Full time

    At TE you will unleash your potential working with people from diverse backgrounds and industries to create a safer sustainable and more connected world Job OverviewTo lead India the costing team and own responsibilities for various activities performed by the Costing and Inventory Team To collaborate and co-ordinate with team members and various stake...

  • Financial Analyst

    36 minutes ago


    Bengaluru, Karnataka, India Schneider Electric Full time

    Company OverviewSchneider Electric is a multinational company specializing in energy management and automation. With a presence in over 100 countries, we provide innovative solutions to meet the evolving needs of our customers.Job DescriptionWe are seeking a skilled Cost Officer to join our team. The successful candidate will be responsible for calculating...