Cost Expert

Position Name :  Expert - Cost Management and Risk Management 

Vacancy :  1 

Qualification: Bachelor's Degree preferably in Mechanical Engineering 

Experience :  5+ years preferably in costing 

Location: Pune 

Purpose of the Position

The position is responsible to carry out the zero base costing to the buyers in order to acheive right prices for the organisation .If needed sit with them and negotiate with prices with the suppliers as tandem. Additionally responsible for safegaurding the organzation  from potential risk of line stoppage due to financially unhealthy suppliers .

Authority

• Carry out the zero based costing and provide the inputs for negotiation to the buyers .
• Carry out the financial risk assessment of the supplier and alert all responsible at purchasing with the recommended actions .

Skills Required

• Knowledge of material , price trends , car parts manufacturing process  
• Negotiation Skills 
• Skills- Communication , Coordination , Interpersonal 
• Honesty and Integrity , Assertiveness and Handling Complexities 

Responsibilities and Tasks

• Carryout bottom up (Zero base ) costing for the parts as well as Tooling 
• Analyse Cost differences (Supplier vs cost management ) in order to acheive better and faster results 
• Interact with buyer's for cost analysis and supplier's quotation . If needed negotiate with the supplier together with the buyer as tandem .
• Keep himself/herself up to date for various machinery and  technologies  , parts manufacturing processes .
• Keep himself /herself up to date for various elements of costing machine hour rates , labour rates , raw material prices etc .
• Carry out the financial risk assessment of the suppliers. 
• Alert for responsible / respective persons at the purchasing for the financially unhealthy suppliers and recommend necessary actions .

Preferred candidate profile