Cost Estimator- Electrical

3 days ago

Chennai, Tamil Nadu, India Ford Motor Company Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Description:

We are seeking a highly motivated and analytical Cost Estimator to join our Product Development team. The successful candidate will play a critical role in driving cost efficiency in electrical and electronic hardware commodities, supporting new program target setting, and identifying opportunities for cost reduction in hardware and software development and testing. This position requires a strong understanding of Electrical and embedded systems design, manufacturing processes, financial analysis, and a proactive approach to problem-solving.

Education

  • Education: Bachelor of Engineering in in Electrical & Electronics, Automobile, Instrumentation, Mechatronics or an equivalent qualification.

Experience

  • 3 to 7 years of overall experience in automotive E/E hardware design, costing, and/or purchasing within an Automobile OEM or Automotive Ancillaries is essential with preference for experience in Electric Vehicle (EV) commodities.

Skills & Knowledge

  • Proven knowledge of electrical and electronic hardware such as PCBs, display, switches, starter, alternator, motors, HV battery etc.
  • Solid understanding of electrical schematics, PCB layouts, PCB components, ASICs, connector/harness interfaces and electrical distribution.
  • Exposure to automotive networks and communication protocols (CAN/CAN-FD, Ethernet, LIN), software architecture (AUTOSAR, cyber security, parsed, FuSA / Parsed, OTA).
  • Good Technical knowledge on Manufacturing Processes SMT (Surface Mounting technology) & facility & tooling investments for assembly & EOL testing procedures etc.
  • Familiarity with ED&T (Engineering Design & Testing), CAPEX (Capital Expenditure), Should Cost modelling, and tooling manufacturing costing is preferred.
  • Good communication skills, both written and verbal and Proficiency in Microsoft Excel and PowerPoint.
  • Proactive attitude, critical thinking and strong problem-solving capabilities skills, with collaborative mindset for cross-functional environments

Key Responsibilities:

  • Develop and detailed cost estimates for, including but not limited to ECUs, wiring harnesses, e-motors, displays, cabin controls, lighting system, HV battery and all associated parts and application parts, leveraging a deep understanding of part design, manufacturing cost structures and supply base capabilities.
  • Conduct competitive benchmarking analyses of vehicle electrical/electronic functions, architecture and components to identify design efficiencies and cost reduction opportunities and provide actionable recommendations.
  • Perform cost analysis for vehicle software development based on the ESoW / fuctional requirements through software sizing methodologies.
  • Lead Cost Gap Analysis and provide robust support to the Purchase function during supplier negotiations.
  • Execute financial analysis (e.g., Payback, Business Case) for proposed localization and cost reduction initiatives, recommending their financial viability.
  • Monitor and analyze piece price cost and investment changes impacting various Engineering Change (EC) proposals for both new and running programs
  • Collaborate closely with Collaborating closely with Supply Chain and Product Development to evaluate and implement cost reduction actions.

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