Strategic Planning - Cost Management Specialist

Posted Yesterday
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Thāne, Thane, Mahārāshtra, IND
In-Office
Mid level
Hardware • Software • Analytics
The Role
Develop and maintain should-cost and clean-sheet models, validate BOMs and manufacturing assumptions, lead project cost estimation, support procurement negotiations, drive cost-reduction/value-engineering initiatives, benchmark costs, monitor margins and variances, and build dashboards to provide cost transparency across business units.
Summary Generated by Built In

Key Responsibilities

1. Costing & Estimation

  • Develop and maintain should-cost models for products, assemblies, and systems (e.g., chillers, fan walls, skids).
  • Lead project cost estimation during bidding and execution phases.
  • Validate BOMs, routings, and manufacturing assumptions for accuracy.
  • Partner with engineering to ensure design-to-cost alignment.

2. Supplier & Procurement Costing

  • Analyze supplier quotes and build clean-sheet cost models.
  • Support procurement in negotiations with fact-based costing.
  • Track commodity trends (copper, aluminum, steel, etc.).

3. Cost Optimization / Value Engineering

  • Identify and drive cost reduction initiatives (material, design, process).
  • Conduct value engineering (VE) / value analysis (VA) workshops.
  • Benchmark internal costs vs market and global standards.
  • Challenge over-engineering and push standardization/modularization.

4Support Finance in Margin Control

  • Monitor product / project margins vs target.
  • Conduct variance analysis (standard vs actual cost).
  • Support pricing decisions with cost transparency.
  • Build dashboards for cost visibility across business units.
About the Team
Work Authorization

No calls or agencies please. Vertiv will only employ those who are legally authorized to work in the United States. This is not a position for which sponsorship will be provided. Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.

Equal Opportunity Employer

We promote equal opportunities for all with respect to hiring, terms of employment, mobility, training, compensation, and occupational health, without discrimination as to age, race, color, religion, creed, sex, pregnancy status (including childbirth, breastfeeding, or related medical conditions), marital status, sexual orientation, gender identity / expression (including transgender status or sexual stereotypes), genetic information, citizenship status, national origin, protected veteran status, political affiliation, or disability.

Skills Required

  • Develop and maintain should-cost models for products, assemblies, and systems
  • Lead project cost estimation during bidding and execution phases
  • Validate BOMs, routings, and manufacturing assumptions for accuracy
  • Partner with engineering to ensure design-to-cost alignment
  • Analyze supplier quotes and build clean-sheet cost models
  • Support procurement in negotiations using fact-based costing
  • Track commodity trends (copper, aluminum, steel, etc.)
  • Identify and drive cost reduction and value engineering initiatives
  • Conduct value engineering (VE) / value analysis (VA) workshops
  • Benchmark internal costs versus market and global standards
  • Monitor product/project margins, perform variance analysis (standard vs actual cost)
  • Support pricing decisions and build dashboards for cost visibility
  • Legal authorization to work in the United States; no visa sponsorship provided
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The Company
HQ: Columbus, OH
8,435 Employees
Year Founded: 2016

What We Do

Vertiv (NYSE: VRT) brings together hardware, software, analytics and ongoing services to ensure its customers’ vital applications run continuously, perform optimally and grow with their business needs. Vertiv solves the most important challenges facing today’s data centers, communication networks and commercial and industrial facilities with a portfolio of power, cooling and IT infrastructure solutions and services that extends from the cloud to the edge of the network. Headquartered in Columbus, Ohio, USA, Vertiv employs approximately 20,000 people and does business in more than 130 countries. For more information, and for the latest news and content from Vertiv, visit Vertiv.com.

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