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337 Schneider Electric Jobs

Cost Officer

12-15 years

Bangalore / Bengaluru

1 vacancy

Cost Officer

Schneider Electric

posted 21d ago

Job Role Insights

Flexible timing

Job Description

Job Description for Costing Function
Mission of the Job
Calculate and update with the best accuracy, the cost of components, sub assemblies and products for new projects
  1. Provide productivity target through products value analysis
Key Objectives
  1. Calculate the detailed cost of a new product as per Schneider Electric Methodology
  2. Make sure that cost evaluation of a new product is shared and accepted by the manufacturing plant
  3. follow up and update costs during project stage gates
  4. Alerts in case of deviation
  5. Track potential savings through product cost analysis
  6. Compares different techno-industrial solutions and fin out the best through ROI calculation
  7. Collect data from all Schneider electric sources ( Purchase, Finances, Mfg. Plants, Logistics, etc ) including France and other countries and consolidate them.
  8. Brings challenges for cost reduction by fixing aggressive but achievable targets
  9. Uses all SE Cost database ( Scala, Bridge, etc )
  10. Generate, update and organize a cost database
  11. Perform value analysis on existing products and set targets to achieve productivity
  12. Estimates cost for parts of products localization of rebalancing
  13. If needed calculates products margin
  14. If needed calculates products localization rate
  15. Execute Design to Cost level 1 in Projects.
  16. Complete teardown for Schneider and Competitor products
  17. Costing of all components (Plastics, Metals & PCBA
Graduate with Finance as Primary Subject & Advance Financial course, Costing experience.
12-15 yrs Experience in Costing, Accounting
Financial proficency

Employment Type: Full Time, Permanent

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(based on 221 Schneider Electric interviews)
Campus Placement
Job Portal
Referral
Company Website
Walkin
Recruitment Consultant
26%
23%
12%
11%
7%
5%
16% candidates got the interview through other sources.
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What people at Schneider Electric are saying

3.7
 Rating based on 2 Officer reviews

Likes

Salary on time, ethical, safety of employee

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Officer salary at Schneider Electric

reported by 4 employees with 3-16 years exp.
₹6.5 L/yr - ₹9.5 L/yr
64% more than the average Officer Salary in India
View more details

What Schneider Electric employees are saying about work life

based on 3.6k employees
70%
48%
41%
95%
Flexible timing
Monday to Friday
No travel
Day Shift
View more insights

Schneider Electric Benefits

Job Training
Health Insurance
Free Transport
Soft Skill Training
Cafeteria
Free Food +6 more
View more benefits

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Schneider Electric Bangalore / Bengaluru Office Location

View all
Bengaluru Office
401-403, Prestige Meridian-1, Near-City Bank, Mahatma Gandhi Road Bengaluru
Karnataka 560001

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