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Senior Engineer I, Costing

Schneider Electric · Posted Oct 19

Energy management, automation, software, and sustainability solutions

India-Karnataka-BangaloreFull-timeOnsiteSenior Level5–8 years₹16.0L–₹26.0L yearly43 applicants
Energy ManagementAutomationIndustrial SoftwareSustainabilityPublic Company
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About the role

The Product Cost Management team establishes, governs, and optimizes the end-to-end cost structure of new offers/products across the new offer lifecycle. The role works with Engineering, Procurement, Manufacturing, Supply Chain, and Product Management to keep launches within target cost and business case commitments. It focuses on product cost modeling, value engineering and cost optimization, manufacturing cost assessment, and cost deliverables such as cost breakdown structures and business cases.

What you will do

  • Develop detailed product cost models during concept, design, and industrialization phases- CSC derivation and evolution.
  • Analyse product designs, manufacturing processes, and cost drivers to achieve product cost targets.
  • Support pricing and business case development.
  • DCMP utility and analysis
  • Lead cost optimization initiatives before product launch.
  • Evaluate supplier quotations and negotiate cost improvement opportunities.
  • Evaluate manufacturing processes and conversion costs (MBC, DVC)
  • Support industrialization teams in identifying productivity improvements.
  • Analyse labour content, machine utilization, tooling, and capex requirements
  • Cost Breakdown Structure
  • Cost Risk & Opportunity
  • Cost Review Presentations
  • Business Case Study
  • AOC during Cost Evolution

Skills used in this role

ExcelDCMPAI ToolsCost ManagementBOM Cost AnalysisManufacturing Process CostingCost EngineeringIndustrializationManufacturing FinanceProduct CostingCost OptimizationValue EngineeringSupplier NegotiationBusiness Case DevelopmentAnalyticalProblem SolvingCollaborationBusiness AcumenCuriosity

What the employer is looking for

  • Cost Management
  • BOM Cost Analysis, Manufacturing Process Costing.
  • Strong analytical and problem-solving skills.
  • Ability to collaborate and influence cross-functional teams
  • Curiosity to understand both the technical and financial aspects of a product
  • Strong business acumen
  • Advanced Excel, DCMP, AI tools for costing
  • Product Costing, Cost Engineering, Industrialization, Manufacturing Finance, NEW Product or Offer Development

Benefits and support

  • Compensation and benefits are detailed in the job posting

About Schneider Electric

Schneider Electric is a global leader in digital automation and energy management, driving efficiency and sustainability for homes, buildings, data centers, infrastructure, and industries. Combining world-leading energy technologies, real-time automation, software, and services, the company helps customers turn operational ideas into a more resilient and sustainable future.

Industry
Energy Management
Company size
10001+ employees
Founded
1836
Location
Rueil-Malmaison, France
Funding stage
Public Company

Leadership

OB
Olivier Blum

Chief Executive Officer

NF

Nathan Fast

Chief Financial Officer

CL

Charise Le

Chief Human Resources Officer

EF

Esther Finidori

Chief Sustainability Officer

PW

Peter Weckesser

Chief Digital Officer

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