| Job Details | Job Purpose
The Cost Management Manager / Project Management Manager is responsible for overseeing cost control, project execution, and operational efficiency across manufacturing activities. The role ensures cost-effective production, timely project delivery, and alignment with overall business objectives within the automotive parts manufacturing environment.
Key Responsibilities
1. Cost Management & Control
- Develop and implement cost control strategies to optimize manufacturing expenses.
- Monitor production costs, material usage, labor efficiency, and overhead allocations.
- Perform cost analysis and variance reporting against budgets and forecasts.
- Lead initiatives for cost reduction, waste elimination, and process improvement.
- Collaborate with procurement and engineering teams to optimize sourcing and design for cost efficiency.
2. Project Management
- Plan, execute, and monitor manufacturing-related projects (e.g., new product introduction, process improvements, capacity expansion).Ensure projects are delivered on time, within scope, and within budget.
- Manage project timelines, milestones, risks, and resources using appropriate tools.
- Coordinate cross-functional teams including production, quality, engineering, and supply chain.
- Report project status, risks, and outcomes to senior management.
3. Operational Excellence
- Drive continuous improvement initiatives (Lean, Six Sigma, Kaizen).
- Enhance production efficiency, productivity, and resource utilization.
- Ensure adherence to quality standards and compliance with automotive industry requirements.
- Support implementation of automation and digitalization initiatives where applicable.
4. Budgeting & Financial Planning
- Prepare annual operational budgets and forecasts.
- Track financial performance and recommend corrective actions.
- Provide financial insights to support strategic decision-making.
5. Stakeholder & Team Management
- Lead and mentor a team of engineers, analysts, or project coordinators.
- Work closely with senior management to align operational strategies with business goals.
- Liaise with external stakeholders (vendors, customers, auditors) where required.
Qualification Requirements
Education:
Bachelor’s Degree in:
- Manufacturing Engineering / Industrial Engineering
- Mechanical Engineering
- Business Administration / Finance (with manufacturing experience)
- Master’s Degree or MBA is an added advantage.
Experience:
Minimum 5–8 years of relevant experience in:
- Automotive or manufacturing industry (preferred)
- Cost management, project management, or operations management
- Proven experience in cost control, budgeting, and financial analysis.
- Hands-on experience managing cross-functional projects.
Technical Skills:
Strong knowledge of:
- Manufacturing processes and automotive production environment
- Costing methods (standard costing, activity-based costing, BOM analysis)
Proficiency in:
- ERP systems (e.g., SAP, Oracle, or similar)
- Microsoft Excel (advanced level)
- Project management tools (e.g., MS Project, Jira, or equivalent)
- Familiarity with Lean Manufacturing / Six Sigma methodologies.
Soft Skills:
- Strong analytical and problem-solving abilities.
- Excellent leadership and team management skills.
- Effective communication and stakeholder management.
- Ability to work under pressure and meet tight deadlines.
- Strategic thinking with strong attention to detail.
Certifications (Preferred):
- PMP (Project Management Professional) or equivalent
- Lean Six Sigma Green Belt / Black Belt
- Professional certifications in cost accounting (e.g., CIMA, ACCA – optional advantage)
Key Performance Indicators (KPIs):
- Cost reduction percentage vs target
- Project delivery (on-time, on-budget)
- Production efficiency improvements
- Budget adherence and variance control
- Quality and waste reduction metrics
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