Lead - Product Costing New Programs
Ather Energy
10 - 15 years
Bengaluru
Posted: 4/22/2025
Job Description
you’ll be our: Lead - New Programs Costing & Budgeting
you’ll be based at: IBC Knowledge Park, Bengaluru
you’ll be Aligned with: Head - Product Costing & Budgeting
you’ll be the member of: Costing & Budgeting – Team
What you’ll do at Ather:
Lead New Program Costing and Budgeting Activities
Identify cost reduction/optimization opportunities across all cost drivers that add to the gross margin (part cost, assembly cost, logistics cost, packaging cost and so on)
Collaborate with cross-functional teams (engineering, sourcing, manufacturing, Product , Finance) to integrate cost considerations into the product development lifecycle.
Perform detailed cost analysis on new designs, identifying key cost drivers while maintaining a Design to Cost approach and facilitate trade-off decisions to optimize product cost.
Assess and influence design decisions across teams to optimize the bill of materials (BOM) cost for new, redesigned, or conceptual parts and assemblies.
Develop and implement cost targets for new programs.
Prepare budgets for NPD program costs (Capex,Opex)
Monitor and track product costs throughout the development process and report on variances.
Apply first principles thinking in all cross-functional financial decisions and activities
Here’s what we are looking for:
BE Mechanical/Electrical/Mechatronics with 10-15 years of experience in product companies and adept in agile way of working.
Good understanding of manufacturing processes like casting, machining, forging, injection moulding, sheet metal operations, fabrication, compression moulding, coating, welding etc
Basic understanding of electronics and electrical systems and their functions
Exposure to PCBA and wire harness manufacturing process and should costing is a plus
Well versed with product development process/lifecycle in a hardware company and involvement of commercial decision-making in every step
Adept at should costing/zero based costing - ability to prepare detailed costing for a part/assembly
BOM preparation and understanding of EBOM or MBOM
Ability to financially assess projects and activities in swim lanes (cross functions) and be the Finance vertical representative in swim lanes
Experience in zero based budgeting for NPD program costs (Capex,Opex)
Strong analytical and problem-solving skills
Excellent communication and interpersonal skills
Ability to work in an agile environment.
About Company
Ather Energy is a Bengaluru-based electric vehicle startup known for its smart scooters like the Ather 450X. The company builds high-performance EVs and invests in its own public charging network. It is pushing innovation in India’s growing sustainable mobility space.
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