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Lead Cost Engineer.

Hyster-Yale Materials Handling

Pune, Maharashtra, IndiaFull-timeNo compensation foundTracked 2w agoSeen in employer's feed 3 days ago
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At a glance

Compensation
No compensation found
Location
Pune, Maharashtra, India
Schedule
Full-time
Work Authorization
Not specified

Job overview

Hyster-Yale Materials Handling is hiring a Lead Cost Engineer.. The Lead Cost Engineer will lead and mentor a team of Cost Engineers, develop should‑cost and total cost of ownership models, analyze supplier cost structures, and support fact‑based negotiations while reviewing drawings and BOMs to identify cost drivers.

Key focus areas include Lead, mentor, and develop a team of Cost Engineers, Create and manage Should‑Cost and Total Cost of Ownership models, and Analyze supplier cost structures and support fact‑based negotiations.

Important skills include Product Costing, Supplier Cost Analysis, Interpret Engineering Drawings, Interpret Manufacturing Processes, Analytical, and Negotiation. Preferred (not required): Cost Modeling, TCO Analysis, Strategic Sourcing, and Financial Analysis.

Skills & qualifications

RequiredNice to have

Skills

Product CostingCost ModelingSupplier Cost AnalysisInterpret Engineering DrawingsInterpret Manufacturing ProcessesAnalyticalNegotiationStakeholder ManagementTCO AnalysisStrategic SourcingFinancial AnalysisStatistics

Qualifications

5+ Years of Experience in Cost Engineering, Manufacturing, Supply Chain, or Engineering OperationsPrior Team Leadership or Supervisory Experience2+ Years of People Management Experience

Full job description

Job Title

Lead Cost Engineer.

Job Category

Engineering

Job Description

Key Responsibilities

  • Lead, mentor, and develop a team of Cost Engineers.

  • Create and manage Should-Cost and Total Cost of Ownership (TCO) models.

  • Analyze supplier cost structures and support fact-based negotiations.

  • Conduct product cost breakdown and competitive cost analysis.

  • Review engineering drawings, BOMs, and manufacturing processes to identify cost drivers.

  • Support Make vs. Buy decisions and New Product Development (NPD) programs.

  • Partner with Engineering, Sourcing, Procurement, and Product Development teams globally.

Required Skills & Experience

  • 5+ years of experience in Cost Engineering, Manufacturing, Supply Chain, or Engineering Operations.

  • Strong understanding of product costing, cost modeling, and supplier cost analysis.

  • Ability to interpret engineering drawings and manufacturing processes.

  • Excellent analytical, negotiation, and stakeholder management skills.

  • Prior team leadership or supervisory experience preferred.

Preferred Qualifications

  • Experience in Should-Cost Modeling, TCO analysis, and strategic sourcing.

  • Strong financial and statistical analysis capabilities.

  • 2+ years of people management experience preferred.

Job Type

Permanent

Time Type

Full time

Work Hours

42.5

Travel Required

Location

HY India Pune

Address

2nd Floor, 45 Icon, Building A, Baner Road, Baner

Post Code

411045

Field-Based

No

Relocation Assistance Available

No

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