Global Product Cost Management

The opportunity:

Full responsibility to support business for understanding the cost evolution of complete product family of High Voltage Switchgear accounting changes due to Design to Value initiatives, commodity cost impacts, etc.

Good technical knowledge in analyzing the quality of cost data with good accuracy for effective bidding decision based on latest cost information.

How you'll make an impact:

• Create monthly cost tracking on product level cost evolution and validate the results along with Product cost manager/ DtV Leader / responsible in operating units.
• Verification of impact from Design-to-Value initiatives in local units to confirm implementation and use for reporting of product cost related savings.
• Cost analysis on Material, Process & Overheads for different Feeder Factories (Suppliers) globally to be performed with detailed insight.
• Perform SAP Cost run periodically to ensure latest cost in SAP is appropriate as verification for cost tools.
• Provide and maintain latest cost structure input to configurator team for integration in Sales configurator.
• Investigate and identify cost reduction opportunities through cost analysis review (Family of products, Analysis of categories, comparison between units).
• Work with operating unit SCM (Supply Chain Management) to validate the info record in SAP maintained.
• Cost tracking of New Product development for R&D (Research & Development) projects throughout Gate processes.
• Support with cost analysis on business case study for Global product management.
• Maintaining quality standard documents and comprehensive documentation of work results.
• Initiatives to be carried out for various cost avoidance / cost reduction across Global units to streamline the process.
• Work on improvement for cost management: lead to more efficient working process (e.g: tool development), lead to better quality of working results and more useful data relevant for stakeholders to support decision making.
• Responsible to ensure compliance with applicable external and internal regulations, procedures, and guidelines.
• Living Hitachi Energy's core values of safety and integrity, which means taking responsibility for your own actions while caring for your colleagues and the business.

• B.E Electrical / Mechanical / equivalent.
• Should have 3 years of experience.
• Experience in ERP (Enterprise Resource Planning) / SAP system in Material Management Module.
• Added advantage if familiar with Costing Module / Cost calculation process of any product.
• Experience in working with cost estimation processes.
• Valuable experience in cost data analysis / handling.
• Substation product knowledge is an added advantage.
• Preferable previous work experience with production unit / factory structure.
• Knowledge on lean approaches & cost-effective measures.
• Keen in delivering quality deliverables.
• SAP End-User (MM (Materials Management), FICO).
• Advanced excel (Macros) / Pivot knowledge is mandatory.
• Basic knowledge in Power BI (Business Intelligence).
• Work experience with Global clients.
• Excellent communication skills with fluency in English, ease to communicate within global team and built relation to other units in global production network.