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Lead - Product Costing New Programs

Ather Energy

10 - 15 years

Bengaluru

Posted: 22/04/2025

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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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