We at Smart Infrastructure Division in Siemens Ltd. is one of the top tier global suppliers of products, systems, solutions, and services for the efficient, reliable, and intelligent transmission and distribution of electrical power. As the trusted partner for the development and extension of an efficient and reliable power infrastructure that industry and the portfolio they need. What will you do? As lead of costing function for the AIS Operations at the factory in Kalwa - Arioli, Thane Maharashtra under Electrification and Automation business unit in Smart Infrastructure in India and will be responsible for leading costing team. As an active member you would be directly responsible to ensure a high level of accuracy in product cost and ensure proper product cost controlling. You would be leading four-to-five-member team responsible for topics related to product costing, cost controlling and various SAP masters related to factory function. The key deliverables and responsibilities would be the following: Product Costing • Directs and participates in Product costing & controlling of medium voltage product. • Annual cost (TCE) update and analysis for NX Tools(NXAIR products). • Annual cost (TCE) update and analysis for channel partner products • Experience in localization topic. EVA calculation and preparation of business case. Co-ordinate with Global Product Care / R&D teams for approvals of identified productivity measures. • Controlling activities like Order cost controlling and activities related to OCC, MAP tracking, Order analysis, COPA analysis etc. • Handling internal and external stakeholders including Audit / agencies, headquarters, support function etc. • Internal order creation & analysis. • Material cost, Cost center planning & Regulative working for FTA. • Pre-bid order analysis and cost optimization for strategic orders. • Cost benchmarking activities with HQ team for NXAIR panels & IVCB. • License Fee payment working and Brand Royalty Fee working. • Commodity impact working and analysis. • Present monthly margin analysis to factory mgt of 5 orders from each variant dispatched from the factory in following month. Productivity Management • OPW Controlling: Ensure reporting of MCP/VAM in OPW before closing date every month. • 3i idea scheme Controlling: Check for new ideas, assign expert reviewers, assist implementation, get saving calculation and release awards. • Monitor productivity goals and participate in reviews with local management. • Conduct MCP / VAM workshops for generating measures. • Update of productivity targets with HQ team Supplier cost controlling • Technical checking of cost sheets / quotations for LTC and APS assembly. • Periodic update of vendor costing formats and BOMs. • Periodic physical verification of LTCs vs supplier quotations. SAP Master data • Monitor daily ALE transfer, RN/TCN & resolve issues if any • Act on GAP Analysis points from HQ team. • Master correction if required. • Secondary material master creation. • Controlling open purchase orders, production orders, sales order, internal order, investment orders etc This role is based in Arioli, Thane - Mumbai, Maharashtra where you’ll get the chance to work with various stakeholders in factory, proposal, order management, factory Mgt and BU Mgt. We don’t need superheroes, just super minds • Post-graduate in Mechanical or Electrical field from reputed institute will be preferred. • 10 - 12 years of relevant experience of which at least 3 years in leading teams • Experience in a factory costing role with a medium to large size manufacturing organization (preferred in handling engineered products), significant experience working in a multi-national environment and in a matrix organization. • Extensive knowledge of product costing and medium voltage products • ERP (SAP) and Finance systems knowledge • Required Professional Competencies o Leadership & Management ? Proven track record of exemplary leadership capabilities with demonstrated ability to drive results. ? Strong strategic mindset with experience in guiding teams toward exceptional performance outcomes. ? Ability to develop and mentor team members while fostering a collaborative work environment o Operational Excellence ? Exceptional ability to prioritize and manage multiple complex initiatives simultaneously. ? Strong analytical skills with expertise in developing and maintaining comprehensive reporting frameworks. ? Demonstrated success in meeting critical deadlines and deliverables while maintaining high quality standards o Personal Attributes ? Self-motivated professional with proven ability to work autonomously and take initiative. ? Excellence in building and maintaining strong professional relationships across all organizational levels. ? Outstanding interpersonal and communication skills with the ability to influence and engage stakeholders o Team Collaboration ? Proven track record of fostering inclusive and high-performing team environments. ? Demonstrated ability to promote knowledge sharing and cross-functional collaboration. ? Experience in leading teams to consistently exceed performance expectations and deliver superior results WE’VE GOT QUITE A LOT TO OFFER. HOW ABOUT YOU? 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