Product Cost Engineer

2 days ago

Delhi, India Tata Electronics Full time

Company Overview:Tata Electronics, a wholly owned subsidiary of Tata Sons Pvt. Ltd., is revolutionizing the Electronics Manufacturing Services (EMS) landscape. We pride ourselves on delivering innovative consumer electronics products, services, and solutions that meet the demands of an ever-evolving industry. With a commitment to engineering excellence, product reliability, and business growth, Tata Electronics offers a unique opportunity for dynamic professionals to contribute to the future of electronics manufacturing.Key Responsibilities:Develop, implement, and maintain comprehensive financial models that effectively capture product costs and pricing strategies.Conduct detailed analysis of factory costs, identifying and reviewing cost drivers, including labor rates, machine utilization, consumable expenses, overhead, and logistics.Collaborate with cross-functional teams to ensure alignment of product cost engineering initiatives with overall manufacturing processes and organizational goals.Utilize analytical skills to assess and optimize cost efficiency within the manufacturing environment, focusing on electronics, data centers, and automotive sectors.Prepare and present cost analysis reports to stakeholders, providing insights and recommendations for cost management and reduction strategies.Qualifications:A minimum of 5 years of experience in cost engineering or a related financial analysis role is preferred, though not required.Strong proficiency in financial modeling, with a demonstrated ability to create and manage cost models effectively.Previous exposure to a manufacturing environment, particularly within the electronics, data centers, or automotive industries, is advantageous.Exceptional analytical skills and the ability to conduct in-depth analysis of factory costs and various cost components.An educational background in finance or accounting; advanced degrees in finance or supply chain management are preferred but not mandatory.

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