Project Cost Manager

Job description

About the Role

The Project Cost Manager (PCM) is responsible for defining, steering, and securing the economic performance of an automotive project across its full lifecycle. Acting on behalf of the CME, the role ensures achievement of Total Project Cost (TPC), ER&D, investment, and operating expense targets, while supporting informed decision-making through robust forecasts, cost optimization, and financial governance.

Key Responsibilities include:

Project Economics & Forecasting

• Establish, maintain, and consolidate the project economic baseline, including:
• 12+ Years of experience in Total Project Cost (TPC)
• ER&D expenses
• Investments (CAPEX)
• Project operating costs (labor, prototypes, validation)
• Ensure data accuracy, consistency, and traceability for all cost calculations and forecasts.
• Build and steer Forecasted and Potential TPC, including Risks & Opportunities analysis.
• Lead the economic convergence of the project in collaboration with Engineering, Product Planning, Purchasing, and Manufacturing.
• Define and deploy the project cost optimization plan, including:
• Allocation of financial objectives to stakeholders
• Monitoring and follow-up of cost-reduction actions
• Assess cost impacts related to milestones, technical changes, and design decisions.

Budget Ownership & Expense Control

• Own and manage the annual project budget for expenses directly attributable to the project:
• Define cost structures and cost centers
• Prepare annual and monthly financial framing
• Conduct Cost Governance Meetings on a weekly basis (GCC) for the approval of Materials, EDD, Validation parts & FTE with extended requestors as per the approved budget
• Monitor actuals versus budget, perform variance analysis, and manage re-forecasting when required.
• Drive corrective actions to ensure alignment with approved budgets and targets.
• Support Purchasing and Cost Engineering in:
• RFQ validation and commercial reviews
• Cost assessment of Change Requests prior to approval
• Consolidate and publish regular cost status reports for project governance forums.
• Ensure a structured and robust handover of economic data to Serial Life / Mass Production teams.
• Secure continuity between project commitments and serial cost targets.
• Capture and share lessons learned and best practices in cost management.
• Contribute to PMO and finance communities to improve tools, processes, and standards.
• Act as a key financial interface between:
• Engineering (Systems, Performance, Manufacturing)
• Product Planning
• Purchasing
• Finance and PMO
• Depending on project size, coordinate or manage cost analysts or assistants assigned to the project.

Please share your profiles to careers.swxindia@stellantis.com with below details:

Total yrs. of exp:

CCTC:

ECTC:

NP:

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