Product Cost Specialist

Posted 2 Days Ago
Be an Early Applicant
Chennai, Tamil Nadu
Senior level
Logistics • Transportation • Design • Automation • Manufacturing
The Role
The Product Cost Specialist is responsible for calculating and analyzing product costs, preparing cost model reports, monitoring cost trends, supporting cost-saving actions, and validating product costs with data outputs. The role requires collaboration with teams to improve efficiency and align with business targets.
Summary Generated by Built In

Did you know KONE moves over one billion people every day? In 2019, we had annual net sales of EUR 10 billion. We employ over 60,000 driven professionals in over 60 countries worldwide joined together by a shared vision. As a global leader in the elevator and escalator industry, it is our mission to improve the flow of urban life.
Job Title – Product Cost Specialist

Are you the one?

  • Bachelor’s degree in Mechanical Engineering discipline with 75% academic record.
  • Candidate with minimum 5+ years of experience in Product Costing / Design / Engineering.
  • Candidate with Product cost knowledge in India Products.
  • Should have the Knowledge of KONE Products & Layout.
  • Proficient with MS Office Word, Excel and PowerPoint.
  • Excellent verbal and written communication skills.
  • Strong capability in Planning and execution.
  • Sound knowledge in AutoCAD.
     

What will you be doing?

  • Calculate and analyze product costs, including direct materials, labor, and overhead.
  • Preparing the cost model reports monthly/Quarterly and presenting to stake holders.
  • Prepare and highlighting the cost deviations from the budget vs Forecast and align with Business targets.
  • Support to CFT teams for implementation of cost saving actions.
  • Validation of Product cost from Qlik sense output.
  • Monitor cost trends, identify cost-saving opportunities and implement the same.
  • Understand the end-to-end business requirements and proactively work with teammates to improve efficiency.

What do we offer?

  • Career progression and opportunities within a global organization
  • Total reward elements that engage and motivate our employees and help us make KONE a great place to work
  • Comprehensive learning and development programs covering a wide range of professional skills
  • You are surrounded by fun colleagues and a lively working environment within Business Services team and KONE Front Line. The best part is all leaders are great and open-minded
     

Click on apply if you have a passion for meeting up with people and a desire to make an impact in the elevator and escalator industry.

At KONE, we are focused on creating an innovative and collaborative working culture where we value the contribution of each individual. Employee engagement is a key focus area for us and we encourage participation and the sharing of information and ideas. Sustainability is an integral part of our culture and the daily practice. We follow ethical business practices and we seek to develop a culture of working together where co-workers trust and respect each other and good performance is recognized. In being a great place to work, we are proud to offer a range of experiences and opportunities that will help you to achieve your career and personal goals and enable you to live a healthy and balanced life.

Read more on www.kone.com/careers

Top Skills

Autocad
Mechanical Engineering
Qlik Sense
The Company
HQ: Espoo
31,273 Employees
On-site Workplace
Year Founded: 1910

What We Do

At KONE, our mission is to improve the flow of urban life. This means understanding urbanization and, together with our partners and customers, helping cities to become better and more sustainable places to live.

As a global leader in the elevator and escalator industry, KONE provides elevators, escalators and automatic building doors, as well as solutions for maintenance and modernization to add value to buildings throughout their life cycle. Through more effective People Flow®, we make people's journeys safe, convenient and reliable, in taller, smarter buildings.

Headquartered in Helsinki, Finland, we operate in more than 60 countries around the world, employ over 60,000 people and serve 550,000 customers. In 2022, KONE had annual sales of EUR 10.9 billion. KONE class B shares are listed on the Nasdaq Helsinki Ltd. in Finland.

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