Cost Specialist Hydraulics

About Us

Innovation. Sustainability. Productivity. This is how we are Breaking New Ground in our mission to sustainably advance the noble work of farmers and builders everywhere. With a growing global population and increased demands on resources, our products are instrumental to feeding and sheltering the world.

From developing products that run on alternative power to productivity-enhancing precision tech, we are delivering solutions that benefit people – and they are possible thanks to people like you. If the opportunity to build your skills as part of a collaborative, global team excites you, you’re in the right place.  

Grow a Career. Build a Future!

Be part of this company at the forefront of agriculture and construction, that passionately innovates to drive customer efficiency and success. And we know innovation can’t happen without collaboration. So, everything we do at CNH Industrial is about reaching new heights as one team, always delivering for the good of our customers.

Job Purpose

You will be part of Global Design to Cost team and primary function is to provide technical cost analyses of various Hydraulics components and systems used on CNH agriculture and construction equipment. Establish technical cost targets for new developments or current product improvement using directional, historical, bottom-up and top-down costing tools and models.

Key Responsibilities

•    Set technical cost estimates based on components drawings, technical specs (top down and bottom-up costing)
•    The engineer will determine material cost, manufacturing costs, overheads, etc, for Hydraulic components including complex parts like Valves, Pumps, Cylinders, Filters, etc, and more common ones like Tubes & Hoses.   For items like valves, an understanding of the hydraulic circuit is also important.
•    Usage of tools like Apriori to make estimates for more common technologies like hoses & tubes to have consistent results.
•    As this position is global, you will be required to support different regions where CNH has it’s business including NAFTA, EU, APAC, LATAM.
•    Set tooling cost estimates.
•    Build ground-up / parametric cost models for the parts and continuously maintain them.
•    The candidate will collaborate to support engineering, platform and purchasing departments.
•    Drive early supplier involvement and identify cost drivers to influence design decision making and achieve target costing.
•    Execute parts teardown and benchmarking plans (internally or using external engineering services supplier) to gain knowledge of the design and should cost based on component development road maps and new technologies.
•    Establish a productive relationship with the competence centers to assure proper information sharing, training, and coaching.
•    Identify best practices, promote active knowledge sharing and through this improve costing processes, methods, tools, and standards.

Experience Required

• 10+ years of working experience in Cost Management / Purchase  function with desirable exposure to design.
• Experience in doing should cost, cost estimation and vendor negotiation on different commodities including Hydraulics parts.
• A sound and practical capability to develop optimized systems (cost and value) to convince cross functional partners of the solution.
• Sound understanding of product cost accounting, including financial basics of overhead, fixed and variable cost, setup, efficiency, margin, simple payback, and cash flow analysis.
• Basic knowledge of hydraulic items functionalities.
• Skills :
• Strong leadership skills to cope with the conditions playing adverse role towards cost betterment.
• Good analytical skills and proficient in Microsoft Office products (Excel, Word, PowerPoint)
• Innovative and self-directed.
• Capable of driving collaboration through respect, openness, and accountability
• Demonstrate execution excellence in a global matrix organization environment.
• Dealing with multiple agencies, internal as well as external.
• Very Good presentation & communication skills
• Strong analytical and problem-solving skills
• Team building skills
• Additional Requirements
  • Proficiency in English
  • Proficiency in using the full MS Office package, plus specific job related main sources and systems;
  • Available to travel as circumstances require;
  • Ability to recognize and react appropriately to changing priorities and multicultural environment 

Preferred Qualifications

• B.E./B.Tech. in Mechanical / Production or other relevant technical fields

What We Offer

We offer dynamic career opportunities across an international landscape. As an equal opportunity employer, we are committed to delivering value for all our employees and fostering a culture of respect.

At CNH, we understand that the best solutions come from the diverse experiences and skills of our people. Here, you will be empowered to grow your career, to follow your passion, and help build a better future. To support our employees, we offer regional comprehensive benefits, including:

• Flexible work arrangements
• Savings & Retirement benefits
• Tuition reimbursement
• Parental leave
• Adoption assistance
• Fertility & Family building support
• Employee Assistance Programs 
• Charitable contribution matching and Volunteer Time Off