Product Cost Analyst

Role Overview:

We are seeking a highly analytical, detailed oriented product cost analyst having good know-how of MAHLE products and related manufacturing processes (e.g. Injection molding, stamping, casting, machining etc.) to support conducting detailed cost benchmarking analysis, target costing activities and cost optimization initiatives across programs and products within BU2 (Thermal & Fluid Systems).

This role plays a key part in improving product cost efficiency through deep analysis, cross-functional collaboration, and effective use of Teamcenter Product Cost Management (TcPCM).

Your Contribution

• Develop target cost models for NEW and existing MAHLE products using Siemens Team Center Product Cost Management (TcPCM) software.
• Identify cost-saving opportunities and support design-to-cost activities with product engineering, manufacturing & purchasing teams.
• Conduct benchmarking and teardown analysis of competitor products and generate comparative cost insights.
• Create detailed “should-cost” / “zero-based cost” estimates for components/assemblies of various manufacturing processes (e.g., injection molding, casting, stamping, machining, etc.) including electronic components (e.g. PCBs, wire harness, etc.)
• Develop and standardize “Master” cost calculations in TcPCM by integrating technical inputs.
• Generate cost performance reports to monitor variances against targets (gap analysis) and recommend findings, potential actions to internal stakeholders.
• Stay updated with industry trends, emerging technologies, and manufacturing innovations to ensure cost models remain current and competitive.
• Ensure compliance with MAHLE internal processes, standards, audits, documentation systems, and continuous improvement initiatives.

Your Experience and Qualification

• Overall Experience: 6 to 13 years. (Note: Designation and Grade will be finalized based on the candidature)
• Bachelor’s degree in engineering (e.g. Mechanical, Production, Industrial, Electrical or similar)
• Proficiency in interpreting technical drawings, design specifications and BOM structures. Know-how of MAHLE thermal & fluid system products.
• Good engineering acumen and understanding of manufacturing processes (e.g. Injection molding plastics, Sheet metal, Casting, Machining etc.). Tooling know-how.
• Basic know-how of MTM Study (e.g. cycle time, TACT time, lead time etc.) & factors influencing it would be a plus.
• Experience in product design & development, and familiarity with SAP is a plus.
• Experience working with Teamcenter Product Cost Management (TcPCM) or similar would be an advantage.

Minimum Requirements

• Excellent analytical and problem-solving skills. Passion to learn new concepts, technologies, and processes.
• Proficiency with MS Excel and PowerPoint.
• Ability to work independently and as part of a team.
• Good collaboration and communication skills. Fluent written and spoken English.
• Application for internal job offer by employee, if they are in current role for min. 24 months.

Why Join Us?

• Opportunity to work on all current and leading MAHLE products & develop techno-commercial capabilities.
• Collaborate with cross-functional teams across engineering, procurement, and manufacturing.
• Gain deep exposure to Teamcenter PCM (TcPCM) and learn advanced cost engineering practices.

#DiversityMatters with our inclusive culture, we welcome applications from all social, religious & ethnical backgrounds, disabilities both mental and physical, identities (gender) and neurodivergent people.

Do you have any questions?