# Cost Estimator

**Company**: Ford
**Location**: Chennai
**Work arrangement**: hybrid
**Experience**: mid
**Job type**: full-time
**Category**: Engineering
**Industry**: Automotive

**Apply**: https://efds.fa.em5.oraclecloud.com/hcmUI/CandidateExperience/en/sites/CX_1/job/51262
**Canonical**: https://yubhub.co/jobs/job_e086d46f-61b

## Description

We are seeking a highly motivated and analytical Cost Estimator to join our Product Development team. The successful candidate will play a critical role in driving cost efficiency across various automotive commodities, supporting new program target setting, and identifying opportunities for cost reduction.

## Responsibilities

- Perform detailed cost estimations for Underbody systems commodities, including Brakes, Alloy wheels, Shock Absorbers, Axles, Drive shafts, EPAS, Transmissions, Transfer cases, and all associated parts and application parts.

- Conduct competitive and benchmarking analyses of commodities to identify cost reduction opportunities and provide actionable recommendations.

- Lead Cost Gap Analysis and provide robust support to the Purchase function during supplier negotiations.

- Support new program target setting and estimation through forward model costing and cross-functional coordination.

- Execute financial analysis (e.g., Payback, Business Case) for proposed localization and cost reduction initiatives, recommending their financial viability.

- Collaborate closely with Engineering and Purchase teams to identify and implement additional cost reduction actions.

- Monitor and analyze cost and investment changes impacting various Engineering Change (EC) proposals for both new and running programs.

## Qualifications

- **Education:** Bachelor of Engineering (BE) in Mechanical, Production, Automobile, or an equivalent qualification.

- **Experience:**

- 2 to 10 years of overall experience in cost estimation within the automotive industry.

- Minimum 1 year of Product Development (PD) experience, with a strong preference for experience in Electric Vehicle (EV) commodities.

- Hands-on experience in manufacturing, costing, and/or purchasing within an Automobile OEM or Automotive Ancillaries is essential.

- **Skills & Knowledge:**

- Proven knowledge of commodity estimation, particularly for underbody systems.

- Exposure to commodities such as E-Drive and Air Suspensions is an advantage.

- Familiarity with ED&T (Engineering Design & Testing), CAPEX (Capital Expenditure), Should Cost modeling, and tooling manufacturing costing is preferred.

- Understanding business concepts and critical thinking skills.

- Excellent communication skills, both written and verbal.

- Proficiency in Microsoft Excel and PowerPoint.

- **Job Info**

- Job Identification: 51262

- Job Category: PD Operations and Quality

- Posting Date: 03/09/2026, 06:44 AM

- Apply Before: 03/09/2026, 12:30 PM

- Degree Level: Bachelor's Degree or equivalent

- Job Schedule: Full time

- Locations: 15 Plot No 13, Chennai, TN, 600119, IN (Hybrid)

- Preferred Degree: Bachelor of Technology

- Remote: No

## Skills

### Required
- cost estimation
- commodity estimation
- ED&T
- CAPEX
- Should Cost modeling
- tooling manufacturing costing
- Microsoft Excel
- Microsoft PowerPoint

### Nice to have
- E-Drive
- Air Suspensions