About this role
Responsibilities & Key Deliverables
- Lead platform-level material cost estimation for new vehicle programs from concept to SOP (Start of Production).
- Develop and share part-wise and system-wise cost benchmarks with cross-functional teams (CFT).
- Evaluate vehicle cost structure at system/part level across product development stages.
- Ensure timely feasibility analysis and feedback on Statement of Requirements (SOR) aligned with business case targets.
- Monitor and communicate Supplier Business Case (SBC) data—part and tooling—to Strategic Sourcing Unit (SSU).
- Facilitate cost approvals for engineering changes and design modifications.
- Act as custodian of material cost control and governance across platforms.
Track and report business case material cost targets, highlighting risks and proposing mitigation strategies.
General Requirements
Critical Must-Have Deliverables
- Accurate and timely material cost estimation for business case validation.
- Feasibility comments on SOR within defined timelines.
- SBC and ROCM (Rate of Change Management) cost communication to SSU.
- Visibility and control over platform-level material cost with risk alerts and mitigation plans.
Good-to-Have Deliverables
- Support internal systems for cost approval workflows and documentation.
- Contribute to cost optimization initiatives through benchmarking and alternate sourcing strategies.
- Engage in cross-sectoral knowledge sharing to enhance cost modeling accuracy.
Experience
- Minimum 9 years of experience in automotive costing, preferably in platform or vehicle-level cost management.
- Proven track record in managing costing deliverables across product development lifecycle.
Industry Preferred
- Automotive OEMs or Tier-1 suppliers with exposure to vehicle costing, manufacturing processes, and product development.
Qualifications
- Bachelor’s degree in Engineering (BE/B.Tech) – Mechanical, Automobile, or Production Engineering preferred.
- Postgraduate qualification in Costing or Finance is an added advantage.
Other facts
About Mahindra & Mahindra Limited
A USD 19.4 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 256,000 people across 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries. The Automotive and Farm Equipment Business is the largest contributor of the Mahindra Group’s revenue. With 30,000+ full time employees spread across 20 locations, Mahindra has a strong presence in India. Further it propels an entire manufacturing ecosystem of 1,200 suppliers and 3,500 dealers, thereby creating direct and indirect employment for over 200,000 individuals.
Our Farm Equipment business is the number 1 tractor company in the world by volume. In addition to our focus on maintaining a leading position in the core tractor mechanization business, we strive to deliver on our aspiration of “Farm Tech Prosperity” thus enabling our customers and our communities to RISE.
Our Automotive business is a full-range mobility player with a presence in almost every segment of the automobile industry. Our product portfolio ranges from world class SUVs, premium luxury UVs, sedans, pick-ups, light, medium and heavy commercial vehicles to three-wheelers. All these cater to a diverse customer base spanning across rural and semi-urban customers. Leveraging our growing dominance, domestic & international market penetration and recent strategic acquisitions, we aim to provide world class exeperience to our customers and team members.
What you'll do
- The Manager - Program Management will lead material cost estimation for new vehicle programs and ensure timely feasibility analysis aligned with business case targets. They will also monitor supplier business case data and facilitate cost approvals for engineering changes.
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