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Head- Price Controller

15.00 to 0.00 Years   Delhi   13 Aug, 2021
Job LocationDelhi
EducationNot Mentioned
SalaryNot Disclosed
IndustryManufacturing
Functional AreaSales / BD
EmploymentTypeFull-time

Job Description

Responsibilities & Key Deliverables

  • Oversee maintenance of the list of commodities and components being used for vehicle production and development at Mahindra AFS
  • Ensure tracking of global commodity prices continuously by identifying relevant data sources like Metal Indices, commodity exchanges, etc. and analyzing price movements, and identifying trends, Conversion cost changes
  • The position is of a controller who will have access to all commercial decisions and will be giving inputs for final Vendor On Board decisions. He will also keep reviewing all costs estimates including of tooling estimate which Component Development team does. The position will also be providing the CFO the view or data on need basis for any analysis which CFO needs to ensure proper compliance.
  • Build costing models for all major components and toolings and update these at regular intervals in line with global price movements of relevant commodities
  • Create costing norms for various components and provide support to component buyers in Strategic Sourcing for negotiations with vendors
  • Create and maintain price databases over a period of time to enable historical analysis and proper future price forecasts
  • Perform the role of a people manager by managing and supporting recruitment, setting performance goals for direct reports and monitoring their performance, providing developmental guidance and direction as and when required
Experience15 years of experience. Prior experience of handling commercial / pricing function in Sourcing or Component Development or Product Cost management is must.Industry PreferredAutomotive OEM and engineeringQualificationsBE and MBA in Finance General RequirementsSound financial knowledge, Strong analytical skills, understanding of global commodity markets, pricing trends, Costing skills, Negotiation skills & influencing skills, Understanding of material science and component manufacturing processes, Experience of capex requirement estimation at vendors end for certain volumes of parts / aggregates. Knowledge of forex markets, Competitive intelligence. Experience of handling vendor agreements and documentation, Ability to get into details, be firm and lead by expertise in the domain. ,

Keyskills :
strong analytical skillscontinuous improvement facilitationequity indicescost managementmaterial scienceanalytical skillscommodity markets

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