Posted 19 August, 2026
Deputy General Manager - PCM
Mahindra Finance
Mumbai A.O,MUM-,IN
Full Time
Reference: 118_401312_1403568100
Responsibilities & Key Deliverables
Lead end-to-end Product Cost Management for Driveline commodity covering Transmission, Axle, Powertrain (AD/FD), Casting, Forging and Packaging & Forwarding, ensuring achievement of business case targets, cost competitiveness, and value optimization across all programs.
1. Product Cost Management & Business Case Delivery
- Drive achievement of material cost targets for all AD, FD, EV & LMM programs within <1% deviation from Business Case
- Own Business Case preparation, validation, and convergence with CFT teams
- Ensure timely SBC (Should Be Cost) and ROCM closure at all project stages
- Provide cost visibility, risk assessment, and mitigation for ongoing projects
2. Commodity Ownership - Driveline
- Lead costing for Live Axle, Transmission, Engine & Powertrain (AD/FD), Casting, Forging, Packaging & Forwarding
- Drive technical cost optimization using deep knowledge of casting, forging & machining processes
- Enable "Design to Cost (DTC)" by influencing design and engineering decisions
3. Cost Optimization & Value Engineering
- Identify and deliver cost reduction / avoidance opportunities across lifecycle (target multi-crore savings)
- Drive benchmarking (internal & external) and cost convergence initiatives
- Develop part-family cost matrices and cost repositories to support future programs
4. Cross Functional Leadership
- Collaborate with PD, CDMM, SSU, Logistics, Finance and suppliers for first-time-right costing
- Act as SPOC for driveline commodity across platforms
- Strengthen supplier discussions through analytical costing and negotiation inputs
5. Digitization & Capability Building
- Lead digitization initiatives including cost modelling tools, analytics, and automation
- Build and deploy cost databases, guidelines, and standardization frameworks
- Drive adoption/development of costing software and digital solutions across team
6. New Technology & Future Readiness
- Evaluate and enable costing for new technologies in EV & advanced powertrain systems (minimum 3-4 tech integrations annually benchmark)
- Support innovation at right cost aligned with CPO expectations
Preferred Industries
Automobile
Farm Sector
Education Qualification
- BE / B.Tech (Mechanical / Production / Automobile)
- MBA (Preferred)
General Experience
- 16-20 years of experience in Automotive Product Costing / Value Engineering / Sourcing
- Strong exposure to Driveline / Powertrain systems
- Proven experience in handling large commodities or leading teams
Critical Experience
System Generated Core Skills
Analytical Thinking
Customer Satisfaction
Service Orientation
Customer Sensitivity
Project Planning & Execution
Risk Analysis
Conflict Management
Developing Business Case
Cost Management
Quality Control
Benchmarking
Product Cost Analysis
Material Costing
Continuous Process Improvement
Performance Analysis
Compliance Management
Sourcing
Industry Intelligence
Trend Analysis
Cost Reduction Management
Value Analysis and Value Engineering (VA/VE)
Target Costing
System Generated Secondary Skills
Influencing Skills
Project Management
Relationship Management
Supply Chain Management (SCM)
Vendor Management