Manager - Costing
Mahindra Group · Posted Oct 26
Automotive, farm equipment, information technology, financial services, and hospitality services
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About the role
The role sits within Mahindra Group's automotive costing function, focused on electrical and electronics commodity cost management. It involves building and maintaining should-cost models, BOM breakdowns, and material cost reporting across part, system, and vehicle levels. The Manager - Costing works with design and cross-functional teams on change control costing, benchmarking, and cost optimization for new parts, assemblies, and redesigns.
What you will do
- Should costing expertise in Electrical & Electronics components (power electronics, wiring harness, proprietary E/E parts)
- Maintain detailed cost structures (BOM breakdowns, raw material indexing, should-cost models, variance vs target/actual)
- Manage change control costing and assess impact on part, system, and vehicle cost
- Work with cross-functional teams to estimate BOM cost for new parts/concepts, assemblies, and redesigns
- Benchmark competition and provide cost optimization inputs to design teams
- Perform profitability analysis and support make vs buy decisions
- Own monthly material cost reporting at vehicle and system level
Skills used in this role
What the employer is looking for
- B.E./B.Tech
- Experience 10 to 12 Years
Preferred qualifications
- Industry Preferred Automotive
Benefits and support
- Compensation and benefits are detailed in the job posting
About Mahindra Group
The Mahindra Group is a multinational conglomerate federation of companies with a presence across more than 20 industries globally. The group holds leadership positions in utility vehicles, farm equipment, information technology, and financial services. Driven by its core purpose to enable people to Rise, Mahindra operates across over 100 countries.
- Industry
- Conglomerate
- Company size
- 327000+ employees
- Founded
- 1945-10-02
- Location
- Mumbai, Maharashtra, India
- Funding stage
- Public Company
Leadership
Chairman
Group CEO & Managing Director
Group Chief Financial Officer
Group Chief Technology Officer
Recent coverage
Mahindra Newsroom
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Mahindra & Mahindra Reports 42% Overall Auto Sales Growth in August 20262026-09-01