Job Opportunity for Cost Engineer Role
Lear Corporation
2 - 5 years
Pune
Posted: 12/02/2026
Job Description
Job Title: Cost Engineer
Reports To: Cost Engineering Manager
Function: Purchasing
Position Focus:The Cost Engineer is a critical role in the global cost engineering organization will provide support to global purchasing and finance teams. The cost engineer will develop cost models for automotive components-based cost accounting principles and assist purchasing in sourcing negotiations based on factual data.
Scope:Requires limited supervision and a thorough knowledge of activity based clean sheet costing in the automotive/electrical systems industry. Any cost engineering experience in the automotive OEMs or TIER 1s is a big plus.
Education: BE/B Tech (Mechanical/Electronics/ Electrical) required. MBA or Masters in an engineering field preferred. Experience: Requires 6+ years cost modeling, cost engineering and/or purchasing experience with a working knowledge of activity-based costing principles.
Position Specific Requirements:
- Understanding of activity-based costing principles in manufacturing
- Ability to analyze production steps and costs in supplier manufacturing facilities
- Knowledge of automotive manufacturing processes Metal Stamping, Fabrications, Plastic Injection Moulding etc..
- Ability to work in a cross functional environment incl. purchasing, engineering. finance and manufacturing.
- Ability to explain gaps between should costs and supplier pricing based on factual data
- High level of independent judgment, initiative, creativity, and the managing multiple projects
- Key competencies for success in position include:
- Problem solving and analytical thinking - Priority setting and time management - Action oriented / produces results
- Effective communication, presentation and interpersonal skills required to communicate with a global team in a timely manner.
Services you might be interested in
Improve Your Resume Today
Boost your chances with professional resume services!
Get expert-reviewed, ATS-optimized resumes tailored for your experience level. Start your journey now.
