National Engineering Industries Ltd. (NBC Bearings)
Website:
nbcbearings.com
Job details:
Job Purpose:
To provide accurate and timely cost-related insights to relevant stakeholders for new business development, business case evaluation, and support of existing business operations, thereby enabling informed decision-making and profitability improvement
Key Responsibilities:
- Prepare cost estimates for existing and new products for RFQs.
- Conduct cost analysis and support business case approvals for New Product Development (NPD) projects.
- Prepare Zero Based costing
- Conduct cost analysis for Make or buy decisions.
- Perform financial evaluations of projects and strategic initiatives as required by management.
- Support profitability analysis and decision-making through financial modelling.
- Drive automation of costing and management reporting processes.
- Develop analytical tools and dashboards to support leadership decision-making and improve operational efficiency.
- Identify and implement innovative solutions to enhance responsiveness to market dynamics.
- Identify cost optimization and financial savings opportunities through data analytics.
- Coordinate with stakeholders to implement approved savings initiatives.
Key Skills:
- Costing and Cost Analysis
- Financial Modelling and Business Case Evaluation
- Data Analytics and Reporting
- Knowledge of Manufacturing Processes
- SAP / ERP Systems
- Advanced MS Excel and Power BI (preferred)
Educational Qualifications:
- CMA (Mandatory)
- MBA (Finance) from a reputed institution preferred
- Advanced qualification in Finance, Cost Management, or Business Analytics preferred
Experience Required:
- 3+ years of work experience in costing, financial analysis, or business analytics.
- 5+ years of work experience in a similar manufacturing organization (auto-ancillary/industrial)
- Strong experience in management reporting, business performance evaluation, and profitability analysis.
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