Costing Engineer

3 - 7 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

As a Cost Estimation Engineer at Gate Corporation USA, you will play a crucial role in project execution by generating comprehensive Bills of Materials (BOMs) and Material Requirement Planning (MRP) documents. Your responsibilities will include: - Reviewing project documents, specifications, and drawings to understand project scope, requirements, and constraints. - Utilizing appropriate tools and systems to develop precise cost estimates for projects, considering materials, labor, equipment, and overhead costs. - Discussing, coordinating, and resolving estimating input/queries with the project team to ensure the quality and accuracy of estimates. - Performing cost reconciliation to compare current estimates with previous ones, ensuring consistency and identifying variances. - Conducting thorough analysis and validation of costs using internal and external benchmarking data, historical indices, and component benchmarking. - Identifying risks, cost reduction opportunities, and uncertainties associated with the project, proposing viable solutions to mitigate them. - Maintaining an up-to-date database of materials, prices, subcontractor rates, and other relevant cost-related information. - Conducting research to identify cost-effective materials, resources, and processes suitable for each project. Qualifications required for this role include: - BTech/MTech in Mechanical Engineering. - Strong organizational, coordination, planning, and interface skills to manage multiple tasks effectively. - Excellent interpersonal and communication skills. - Strong analytical skills with keen attention to detail and accuracy. - Deep understanding of various cost models and methodologies. - Familiarity with current market pricing trends and a comprehensive understanding of engineering, procurement, and manufacturing methodologies. - Proven experience in cost estimation, preferably in product design or manufacturing industries. - Proficiency in relevant software tools and systems for cost estimation and analysis. Join Gate Corporation USA in Hitech City, Hyderabad, and contribute your expertise to our dynamic team of professionals in the Aerospace, Automotive, and Heavy Industry sectors. As a Cost Estimation Engineer at Gate Corporation USA, you will play a crucial role in project execution by generating comprehensive Bills of Materials (BOMs) and Material Requirement Planning (MRP) documents. Your responsibilities will include: - Reviewing project documents, specifications, and drawings to understand project scope, requirements, and constraints. - Utilizing appropriate tools and systems to develop precise cost estimates for projects, considering materials, labor, equipment, and overhead costs. - Discussing, coordinating, and resolving estimating input/queries with the project team to ensure the quality and accuracy of estimates. - Performing cost reconciliation to compare current estimates with previous ones, ensuring consistency and identifying variances. - Conducting thorough analysis and validation of costs using internal and external benchmarking data, historical indices, and component benchmarking. - Identifying risks, cost reduction opportunities, and uncertainties associated with the project, proposing viable solutions to mitigate them. - Maintaining an up-to-date database of materials, prices, subcontractor rates, and other relevant cost-related information. - Conducting research to identify cost-effective materials, resources, and processes suitable for each project. Qualifications required for this role include: - BTech/MTech in Mechanical Engineering. - Strong organizational, coordination, planning, and interface skills to manage multiple tasks effectively. - Excellent interpersonal and communication skills. - Strong analytical skills with keen attention to detail and accuracy. - Deep understanding of various cost models and methodologies. - Familiarity with current market pricing trends and a comprehensive understanding of engineering, procurement, and manufacturing methodologies. - Proven experience in cost estimation, preferably in product design or manufacturing industries. - Proficiency in relevant software tools and systems for cost estimation and analysis. Join Gate Corporation USA in Hitech City, Hyderabad, and contribute your expertise to our dynamic team of professionals in the Aerospace, Automotive, and Heavy Industry sectors.

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