Cost Reduction Strategist

2 weeks ago


Bengaluru, Karnataka, India Ohmium Full time
Drive Down Product Costs as a Cost Reduction Specialist

We are seeking an experienced Cost Reduction Specialist to partner with our Head of Engineering and drive down product cost structure.

Key Responsibilities:

  • Develop and own product cost roadmap and cost reduction cadence to align Engineering and Supply Chain organizations.
  • Provide financial analysis and insights for decision making, including should-costing and CAPEX investment ROI assessment.
  • Create short- and longer-term financial forecast for Engineering organization.
  • Prepare board materials, presentations, and monthly reporting with Finance and Engineering leadership.
  • Develop metrics to track business unit-specific and company-wide trends, identify risks and opportunities, and provide recommendations.

Requirements:

  • Bachelor's degree in business, accounting, engineering, finance, management, or economics.
  • 8-12 years of relevant experience in finance, including strategic planning, project management, and decision making.
  • Engineering and/or engineering finance background preferred.
  • Experience in energy, industrial equipment, technology hardware, or manufacturing sector preferred.
  • Proficient with MS Office, including Excel, PowerPoint, and Office Suite.
  • Working experience with financial planning software and accounting software (Dynamics and Business Central a plus).

Estimated Salary: $140,000 - $200,000 per year



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