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Cost Engineer

About the business:

The Hitachi Energy Indian Operations Center (INOPC) is a competence center with around 2300 skilled engineers who focus on tendering, engineering, planning, procurement, project Management, functional system testing, installation supervision, documentation  and commissioning. However, over the last decade, it has evolved to become the largest Operations hub.. The India Operations Centre team at Chennai, Bangalore and Gurugram supports Hitachi Energy’s units in more than 40 countries across a wide portfolio of all the four business units in Hitachi Energy To date, the team has executed engineering and commissioning for projects in more than 80 countries.

Mission statement:

Full responsibility to support business for understanding the cost evolution of complete product family of High Voltage Switchgear accounting changes due to Design to Value initiatives, commodity cost impacts, etc.

Good technical knowledge in analyzing the quality of cost data with good accuracy for effective bidding decision based on latest cost information.

Your responsibility:

  • You will be responsible for create monthly cost tracking on product level cost evolution and validate the results along with Product cost manager/ DtV Leader / responsible in operating units.

  • Verification of impact from Design-to-Value initiatives in local units to confirm implementation and use for reporting of product cost related savings.

  • Responsible for cost analysis on Material, Process & Overheads for different Feeder Factories (Suppliers) globally to be performed with detailed insight.

  • Perform SAP Cost run periodically to ensure latest cost in SAP is appropriate as verification for cost tools.

  • Provide and maintain latest cost structure input to configurator team for integration in Sales configurator.

  • Investigate and identify cost reduction opportunities through cost analysis review (Family of products, Analysis of categories, comparison between units).

  • Work with operating unit SCM (Supply Chain Management) to validate the info record in SAP maintained.

  • Cost tracking of New Product development for R&D (Research & Development) projects throughout Gate processes.

  • Support with cost analysis on business case study for Global product management.

  • Maintaining quality standard documents and comprehensive documentation of work results.

  • Initiatives to be carried out for various cost avoidance / cost reduction across Global units to streamline the process.

  • Work on improvement for cost management: lead to more efficient working process (e.g: tool development), lead to better quality of working results and more useful data relevant for stakeholders to support decision making.

  • Living Hitachi Energy’s core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

Your background:

  • B.E Electrical / Mechanical / equivalent background with min.3 years of experience.

  • Excellent communication skills with fluency in English, ease to communicate within global team and built relation to other units in global production network.

  • Work experience with Global clients.

  • Experience in ERP (Enterprise Resource Planning) / SAP system in Material Management Module

  • Added advantage if familiar with Costing Module / Cost calculation process of any product.

  • Experience in working with cost estimation processes.

  • Valuable experience in cost data analysis / handling and Substation product knowledge is an added advantage.

  • Preferable previous work experience with production unit / factory structure

  • Knowledge on lean approaches & cost-effective measures, Keen in delivering quality deliverables.

  • Tool expertise / knowledge: SAP End-User (MM (Materials Management), FICO), Advanced excel (Macros) / Pivot knowledge is mandatory, Basic knowledge in Power BI (Business Intelligence).

Sede Chennai, Tamil Nadu, India
Tipo di lavoro Full time
Esperienza Experienced
Funzione lavorativa Sales, Marketing & Product Management
Contratto Regular
Data di pubblicazione 2024-06-04
Numero di riferimento R0050557

Hitachi Energy

Hitachi Energy è un leader tecnologico globale che promuove un futuro energetico sostenibile per tutti. Collaborando con clienti e partner, rende il sistema energetico mondiale più sostenibile, flessibile e sicuro. 

Più di 45.000 persone in 90 paesi ogni giorno lavorano con uno scopo e utilizzano i loro diversi background per sfidare lo status quo. Candidati e diventa  parte di un team globale che apprezza una semplice verità: Diversity + Collaborazione = Grande Innovazione.