Sr. Manager Costing and Pricing
Sr. Manager Costing and Pricing
Posted on :
16-07-2025
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1 Vacancy
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Job Description
Job Profile: Costing & Pricing Specialist -
Position Overview:
The Costing & Pricing Specialist is responsible for managing and optimizing cost and pricing
strategies within an automotive engineering company. The role involves driving profitability
supporting business planning managing RFQs (Request for Quotations) and providing
insights to senior business leaders. This individual will be a critical link between the technical
engineering side and the financial/business operations of the company.
Position Overview:
The Costing & Pricing Specialist is responsible for managing and optimizing cost and pricing
strategies within an automotive engineering company. The role involves driving profitability
supporting business planning managing RFQs (Request for Quotations) and providing
insights to senior business leaders. This individual will be a critical link between the technical
engineering side and the financial/business operations of the company.
Key Responsibilities
Costing & Pricing:
Develop detailed cost analysis for automotive engineering projects including
materials labor overheads and R&D investments.
Create and manage pricing strategies to ensure competitive positioning while
maximizing profitability.
Analyze and mitigate cost risks ensuring alignment with company objectives and
market trends.
Business Planning:
Collaborate with cross-functional teams to develop annual and long-term business
plans.
Provide data-driven financial forecasts and identify key business drivers to influence
strategic decisions.
Support investment analysis for new projects product launches and market
expansion.
RFQ Management:
Review and evaluate RFQ documents and provide accurate cost estimates for bids.
Collaborate with the sales engineering and production teams to prepare competitive
proposals.
Track and manage RFQ timelines and deliverables ensuring on-time submissions.
Automotive Engineering Integration:
Work closely with engineering teams to understand technical specifications
production processes and design costs.
Analyze engineering changes and assess their financial impact on projects and
pricing.
Stay updated on industry standards technologies and innovations to refine costing
and pricing models.
Leadership & Stakeholder Engagement:
Present financial insights pricing strategies and cost breakdowns to senior business
leaders.
Costing & Pricing:
Develop detailed cost analysis for automotive engineering projects including
materials labor overheads and R&D investments.
Create and manage pricing strategies to ensure competitive positioning while
maximizing profitability.
Analyze and mitigate cost risks ensuring alignment with company objectives and
market trends.
Business Planning:
Collaborate with cross-functional teams to develop annual and long-term business
plans.
Provide data-driven financial forecasts and identify key business drivers to influence
strategic decisions.
Support investment analysis for new projects product launches and market
expansion.
RFQ Management:
Review and evaluate RFQ documents and provide accurate cost estimates for bids.
Collaborate with the sales engineering and production teams to prepare competitive
proposals.
Track and manage RFQ timelines and deliverables ensuring on-time submissions.
Automotive Engineering Integration:
Work closely with engineering teams to understand technical specifications
production processes and design costs.
Analyze engineering changes and assess their financial impact on projects and
pricing.
Stay updated on industry standards technologies and innovations to refine costing
and pricing models.
Leadership & Stakeholder Engagement:
Present financial insights pricing strategies and cost breakdowns to senior business
leaders.
Build strong relationships with internal and external stakeholders including suppliers
and partners.
Act as a liaison between finance operations and engineering teams to ensure
seamless collaboration.
and partners.
Act as a liaison between finance operations and engineering teams to ensure
seamless collaboration.
Required Skills & Qualifications:
Technical Skills:
Proven expertise in cost modeling pricing strategies and financial forecasting.
Strong knowledge of automotive engineering processes materials and production
methods.
Familiarity with RFQ processes supplier negotiations and project costing.
Business & Financial Acumen:
Deep understanding of business operations market dynamics and financial metrics.
Ability to analyze complex data and present actionable insights to senior leaders.
Knowledge of ERP systems and costing tools is a plus.
Soft Skills:
Exceptional communication and interpersonal skills with the ability to influence and
engage senior leadership.
Strong problem-solving abilities and a proactive mindset.
High level of attention to detail organization and time management.
Technical Skills:
Proven expertise in cost modeling pricing strategies and financial forecasting.
Strong knowledge of automotive engineering processes materials and production
methods.
Familiarity with RFQ processes supplier negotiations and project costing.
Business & Financial Acumen:
Deep understanding of business operations market dynamics and financial metrics.
Ability to analyze complex data and present actionable insights to senior leaders.
Knowledge of ERP systems and costing tools is a plus.
Soft Skills:
Exceptional communication and interpersonal skills with the ability to influence and
engage senior leadership.
Strong problem-solving abilities and a proactive mindset.
High level of attention to detail organization and time management.
Preferred Qualifications:
CA/CWA along with bachelors or masters degree in automotive engineering
Mechanical Engineering
13 years of experience in costing pricing or business planning within the
automotive or engineering industry.
Certification in financial analysis cost accounting or project management is an
advantage.
CA/CWA along with bachelors or masters degree in automotive engineering
Mechanical Engineering
13 years of experience in costing pricing or business planning within the
automotive or engineering industry.
Certification in financial analysis cost accounting or project management is an
advantage.
Performance Metrics:
Accuracy of cost estimates and pricing models.
Contribution to profitability and competitive pricing strategies.
Timely and successful submission of RFQs.
Quality of insights and recommendations presented to business leaders.
Accuracy of cost estimates and pricing models.
Contribution to profitability and competitive pricing strategies.
Timely and successful submission of RFQs.
Quality of insights and recommendations presented to business leaders.
This position is ideal for a professional with a blend of technical financial and business
expertise who can act as a bridge between engineering and business
expertise who can act as a bridge between engineering and business
Employment Type
Full-time
Key Skills
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