Senior Engineer - Cost Management Casting
Royal Enfield · Posted Oct 21
Classic mid-size motorcycle design, manufacturing, and global adventure riding services
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About the role
The role sits within Royal Enfield's cost management function focused on high-precision aluminum cast components, specifically cylinder heads and cylinder blocks. It works cross-functionally with Sourcing, Current Engineering, NPD, and Quality Assurance on cost engineering for aluminum casting processes (HPDC, LPDC, GDC) and secondary machining operations. The Senior Engineer drives target costing, validates cost sheets, leads value engineering (VAVE) projects, conducts supplier negotiations, and manages commodity inflation and indexed clauses against vehicle business plan cost targets.
What you will do
- Costing Build-Up & Scenario Modeling: Develop zero-based cost models, cost cards, and scenario analyses for aluminum cylinder heads, cylinder blocks, and cast parts to support cross-functional strategic decision-making.
- Cost Sheet Validation & NPD Support: Validate technical cost sheets prepared by strategic sourcing for critical parts and provide cost-engineering support to NPD teams during vendor selection.
- Supplier Negotiations & Norms: Participate in price negotiations, review and sign off on costing norms (cycle times, melt loss, machine rates, tooling cost) with suppliers, and negotiate contract terms.
- Cost Reduction & VAVE: Identify, propose, and implement value engineering (VAVE) and alternative sourcing/material initiatives alongside Engineering and QA to achieve annual cost-reduction targets.
- Inflation Management & Variance Analysis: Track raw material market trends (e.g., aluminum index updates), manage price adjustment clauses in contracts, analyze cost variances, and execute risk-mitigation plans.
Skills used in this role
What the employer is looking for
- Education: B.E. / B.Tech in Mechanical or Automobile Engineering
- Experience: 6+ years of experience in cost engineering or cost management within the automotive industry (OEMs or Tier-1 casting ancillaries)
- Domain Focus: Heavy focus on engine components specifically Aluminum Cylinder Heads, Cylinder Blocks, and complex engine castings.
Benefits and support
- Compensation and benefits are detailed in the job posting
About Royal Enfield
Royal Enfield is the oldest motorcycle brand in continuous production, specializing in classic-styled mid-size motorcycles. Operating as a subsidiary of Eicher Motors, the company designs, manufactures, and distributes iconic models worldwide from its main production facilities in Chennai, India. Known for its rich heritage and robust engineering, Royal Enfield continues to expand its global footprint into new platforms and electric mobility.
- Industry
- Automotive
- Company size
- 5000-10000 employees
- Founded
- 1901
- Location
- Chennai, Tamil Nadu, India
- Funding stage
- Public Company
Funding
Public Company
Leadership
B. Govindarajan
CEO, Royal Enfield & Managing Director, Eicher Motors
Siddhartha Lal
Executive Chairman, Eicher Motors
Umesh Krishnappa
Chief Technology Officer (Electric Vehicles)
Vidhya Srinivasan
Chief Financial Officer
Mahesh Tripathi
Chief Operating Officer
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