Executive - Product Cost Engineer

6 days ago


Pune, Maharashtra, India Schindler Group Full time ₹ 8,00,000 - ₹ 24,00,000 per year

**Location: Pune, Maharashtra, India

Job ID:
83749**
We Elevate... Quality of urban life

Our elevators, escalators, and moving walks safely transport more than two billion of us up and down buildings and across transportation hubs every day.As part of the Schindler team, you'll discover meaningful work that enhances quality of life for communities, and contribute to making places more accessible, inclusive, and sustainable for all. We combine innovation, safety, and high ethical standards, ensuring respect both among colleagues and for the world around us. By joining us, you don't just become part of our success story; you help shape the future and continue our rich legacy that started back in 1874.

Schindler India is a 100% owned subsidiary of Schindler Group headquartered out of Mumbai and is backed by 5000+ employees who are spread across the length and breadth of the country. Besides business operations, Schindler India has its own Corporate R&D Centre, Elevator and Escalator Factory and Shared Service Centre to support India operations, which is in-fact one of the fastest growing market now globally.

Join us as a
Executive - Product Cost Engineer

Your Main Responsibilities
Objectives of the function
Plays a crucial role in determining the total cost associated with manufacturing or producing a product in SC-IN

Responsibilities

  • Take complete ownership of Calculating DPC (Direct product cost) for Schindler Pune plant products.
  • Represent product costing function in Change management organisation (CMO).
  • Co-ordinate with Procurement, supplier development & INDU team for calculating change in product cost.
  • Actively participate in NPD projects from costing side.
  • Identify DPC reduction opportunity thru global benchmarking activity.
  • Help pricing manager for defining pricing strategy.
  • Generate cost reduction opportunity with comparing different product line
  • Co-ordination with global costing colleagues for costing related topics of SC-IN.
  • Regularly prepare DPC report along with cost driver wise GAP analysis report.
  • Prepare DPC forecasting report for upcoming CP (Change period) for KW management.
  • Participate & contribute in Cost-out project of SC-IN

Authorities:

  • Prepare & present business case to KW management.
  • Review direct product cost related topic.

What You Bring
Education
Degree in Mechanical Engineering

Optional: CMA (Cost & Management Accountancy)

Professional Skills

  • SAP
  • Excel based costing.
  • Knowledge of different commodity Parts cost estimation and analysis.
  • Power Bi / Data Analytics
  • Microsoft Office tools

Professional Experience

  • Minimum 4 : 8 years of experience of product Costing
  • Understand Zero Based costing concept for various commodity part
  • Sourcing & Supplier development experience
  • Know-how NPI & VAVE project cost assessment.

Standard Awareness

  • Occupational Health, Safety, environment & Quality policy awareness
  • ISO 14001,45001, 9001 standard awareness

Languages

  • English, Hindi, Marathi

IT

  • SAP
  • MS Tool

Key Competence Required For This Job
Knowledge of Product costing & SAP systems.

What's in it for you?

  • Join our purpose-driven organization. Help shape an industry in which two billion people rely on our products and services every day.
  • Your development matters to us. We help you grow by offering the support you need to develop your skills and access a rewarding and fulfilling career.
  • Thrive in a diverse and supportive culture. Through local and global initiatives, we promote a culture of inclusion which celebrates diversity and ensures that everyone feels valued.

We Elevate… Your Career
Become part of our team, help us enhance quality of life and drive innovation while raising the bar for safety and sustainability. We value your diverse skills and perspectives as together we shape the sustainable cities of today and tomorrow.

Are you ready to embark on a new journey? Join #TeamSchindler Discover more on our career website.

At Schindler Group we value inclusion and diversity, and practice equity to create equal opportunities for all. We endeavor that all qualified applicants will receive consideration for employment without regard to age, race, ethnic background, color, religious affiliation, union affiliation, gender, gender identity, sexual orientation, marital status, national origin, nationality, genetics and health or disability.
Any unsolicited application from Recruitment Agencies is deemed to be rejected and does not constitute in any manner an offer from a Recruitment Agency.


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