Job Title: Senior Engineer - Cost Management (Aluminium Casting Commodity)

: We are a leading, globally recognized Premium Automotive OEM operating state-of-the-art manufacturing facilities. We are seeking a highly analytical and technical professional to lead our Raw Material Cost Management and Strategic Sourcing division for the casting commodity portfolio.Please note: This is a commercial, costing, and sourcing role. Candidates must have deep knowledge of casting components but should possess a background in Cost Management / Strategic Sourcing / Procurement, not Quality Assurance or Quality Control.

Roles & Responsibilities

1. Raw Material Price & Cost Management

- Coordinate with raw material (RM) suppliers for monthly price confirmation and ensure timely closure.
- Estimate monthly weighted-average pricing, complete bookings, and circulate the Weighted Average Price Summary to suppliers within defined timelines.
- Manage monthly reconciliation and approval processes for RM prices and related commercial transactions.
- Monitor global and domestic alloy market price movements to actively support company cost-control initiatives.

2. Strategic Sourcing & Alloy Procurement

- Float monthly RFQs, manage RPQ quotation receipts, and lead comprehensive commercial evaluations.
- Develop and execute strategic alloy allocation plans based on plant demand, supplier capability, and commercial metrics.
- Ensure 100% uninterrupted alloy availability to meet strict production schedules.
- Manage warehouse lease/purchase POs and process necessary custom duty payments for imported materials.

3. Logistics, Planning & Supply Chain Coordination





- Submit weekly and monthly vehicle plans for raw material distribution to the central transport team.
- Verify daily alloy dispatches and monitor scrap vehicle placement at the plants.
- Track scrap Goods Receipt Note (GRN) status and resolve material movement bottlenecks with suppliers and transporters.
- Maintain a weekly tracking mechanism for all imported materials.

4. Inventory Control & MIS Management

- Update and maintain the monthly alloy stock MIS report by the 7th of every month.
- Monitor stock levels, calculate consumption coverage, and forecast future material requirements.
- Maintain highly accurate procurement, inventory, and supplier compliance records.
- Provide regular tracking updates on scrap stock reconciliation and material availability.

5. Financial & Quarterly Commercial Operations

- Prepare provision cost-sharing requirements for the upcoming quarter by the end of the current month.
- Support quarterly cost planning, commercial settlements, and financial reconciliation activities.
- Lead cross-functional coordination with Finance, Costing, Purchase, and external Suppliers for timely closures.

Desired Candidate Profile

- Experience: 4 to 7 Years in 2W/4W Automotive OEMs or Tier-1 Auto-Ancillary organizations.
- Component Exposure: Hands-on commercial/costing exposure to casting components including Crankcases, Crankcovers, Cylinder Heads, Engine Barrels, and Alloy Wheels (HPDC / LPDC processes).
- Core Competency: Robust command over should-cost estimation, commodity pricing mechanisms, commercial negotiation, and raw material index tracking.
- Education: B.E / B.Tech in Mechanical, Production, or Metallurgy Engineering.

📌 Senior Engineer - Cost Management (Chennai)
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