Director, Cost Reduction

Cost Reduction & Financial Oversight

• Lead and track enterprise-wide cost reduction initiatives across engineering, operations, procurement, and supply chain functions.
• Develop reporting frameworks and dashboards to monitor savings targets, operational spend, and program performance.
• Identify cost leakage, inefficiencies, and margin improvement opportunities through data analysis and cross-functional reviews.
• Partner with finance leadership to evaluate ROI, cost structures, and operational trade-offs related to product and engineering decisions.
• Provide regular executive-level updates to the CFO and senior leadership team on savings progress, risks, and corrective actions.

Product Roadmap & Operational Alignment

• Collaborate closely with CTO, Chief Engineering Officer, and Engineering leadership to evaluate product roadmap implications on cost, scalability, and operational feasibility.
• Challenge assumptions and proactively flag concerns related to budget overruns, operational complexity, or resource allocation.
• Drive transparency and accountability around engineering investments, vendor utilization, and development priorities.
• Support decision-making by balancing innovation goals with financial discipline and operational realities.

Supply Chain & Operational Optimization

• Analyze procurement, manufacturing, and supply chain processes to identify sustainable cost-saving opportunities.
• Work with operational teams to improve material utilization, vendor management, inventory efficiency, and production costs.
• Support initiatives focused on process standardization, waste reduction, and operational productivity improvements.
• Participate in supplier negotiations and cost benchmarking activities where appropriate.

Governance & Cross-Functional Collaboration

• Establish governance mechanisms for cost tracking, initiative ownership, and reporting cadence.
• Build strong working relationships across Finance, Engineering, Operations, Procurement, and Product teams.
• Facilitate alignment between strategic business priorities and execution teams.
• Ensure data integrity and consistency in financial and operational reporting.

Ohmium Cultural Values :

As a Leader at Ohmium, you are expected to embody and champion our core cultural values: 

Accountability: I own my tasks and execute on time.

Demonstrate strong accountability by owning deliverables and decisions, ensuring timely and consistent results.

Teamwork: I will not let other teams fail.  

Takes ownership beyond own team to support cross-team success and prevent failures, thereby fostering a collaborative work environment.

Learning Mindset: I drive change and learn from mistakes.

Exhibits a strong growth mindset by proactively leading meaningful change and consistently learning from experience.

Winning Attitude: I compete to win.

Showing up every day with a strong perspective, to drive results and be the BEST in Green Energy.

EDUCATION AND EXPERIENCE :

• Bachelor’s degree in finance, engineering, supply chain, operations management, business, or related field from a premier institute (mandatory)
• Master of Business Administration from a premier institute (preferred)
• Advanced knowledge of MS Excel, MS PPT is (mandatory)
• Excellent knowledge of project management tools (e.g. MS Project, Smartsheet, Asana) is preferred.
• Lean Manufacturing, Six Sigma, or cost optimization certifications are a plus.
• 12+ years of experience in cost reduction, finance, operations, supply chain, manufacturing, or related functions.
• Experience working in engineering-driven, manufacturing, hardware, or product-centric organizations is preferred.
• Demonstrated success leading cross-functional cost optimization initiatives.
• Prior experience supporting executive leadership teams and presenting business insights to senior stakeholders.
• Experience with shop floor operations, manufacturing processes, or supply chain management is strongly preferred.
• Background combining finance and operational leadership experience is highly desirable. Collaborative yet willing to escalate concerns when needed Previous experience in the renewable energy sector a plus.
• Experience working directly with R&D/Engineering, Operations, Marketing and Sales teams is required.
• Strong analytical and quantitative skills with ability to use data and metrics for making assumptions and decisions is required.

Skills:-

Cost Reduction, Cost Reduction Analysis, Cost Reduction Management, Cost Reduction Planning, Cost Reduction Programs, Cost Reduction Projects

Education: -

Master of Business Administration (MBA) - Finance

Ohmium is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.