Project Cost Manager

Job description About the Role

The

Project Cost Manager (PCM)

is responsible for defining, steering, and securing the

economic performance of an automotive project

across its full lifecycle. Acting on behalf of the CME, the role ensures achievement of

Total Project Cost (TPC), ER&D, investment, and operating expense targets , while supporting informed decision-making through robust forecasts, cost optimization, and financial governance.

Key Responsibilities include:

Project Economics & Forecasting Establish, maintain, and consolidate the

project economic baseline , including: 12+ Years of experience in Total Project Cost (TPC) ER&D expenses Investments (CAPEX) Project operating costs (labor, prototypes, validation) Ensure

data accuracy, consistency, and traceability

for all cost calculations and forecasts. Build and steer

Forecasted and Potential TPC , including Risks & Opportunities analysis. Lead the

economic convergence of the project

in collaboration with Engineering, Product Planning, Purchasing, and Manufacturing. Define and deploy the

project cost optimization plan , including: Allocation of financial objectives to stakeholders Monitoring and follow-up of cost-reduction actions Assess cost impacts related to milestones, technical changes, and design decisions.

Budget Ownership & Expense Control Own and manage the

annual project budget

for expenses directly attributable to the project: Define cost structures and cost centers Prepare annual and monthly financial framing Conduct Cost Governance Meetings on a weekly basis (GCC) for the approval of Materials, EDD, Validation parts & FTE with extended requestors as per the approved budget Monitor actuals versus budget, perform variance analysis, and manage re-forecasting when required. Drive corrective actions to ensure alignment with approved budgets and targets. Support Purchasing and Cost Engineering in: RFQ validation and commercial reviews Cost assessment of Change Requests prior to approval Consolidate and publish

regular cost status reports

for project governance forums. Ensure a

structured and robust handover

of economic data to Serial Life / Mass Production teams. Secure continuity between project commitments and serial cost targets. Capture and share

lessons learned and best practices

in cost management. Contribute to PMO and finance communities to improve tools, processes, and standards. Act as a key financial interface between: Engineering (Systems, Performance, Manufacturing) Product Planning Purchasing Finance and PMO Depending on project size, coordinate or manage

cost analysts or assistants

assigned to the project.

Please share your profiles to

with below details: Total yrs. of exp: CCTC: ECTC: NP:

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