Costing Engineer

Inditech Valves

3 - 7 years

3 - 4 Lacs

Pune

Posted:4 hours ago| Platform:

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Skills Required

Cost Engineering Cost Analysis SAP Costing Cost Optimization Cost Estimation Tender Vendor Cost Quotation RFQs Cost Sheet Manufacturing Costing BOM Analysis Cost Comparison Cost Reduction Cost Planning ERP Systems Oracle RFQ

Work Mode

Work from Office

Job Type

Full Time

Job Description

We are hiring for the role of Costing Engineer

Role & Responsibilities:

Prepare detailed cost estimates for mechanical components, assemblies, and systems
Analyze manufacturing processes to determine cost optimization opportunities
Evaluate vendor quotations and perform cost comparison & benchmarking
Coordinate with design, procurement, and production teams to collect data on materials, labor, and other resources
Develop and maintain costing databases and costing models for accurate analysis
Assist in pricing decisions for new RFQs and tenders
Track actual vs. estimated costs and investigate any variances
Support finance and sales teams with technical cost insights during bidding and negotiations

Preferred Candidate Profile:

Education:
B.E. / B.Tech in Mechanical Engineering
Experience:
3 to 6 years in cost estimation or costing roles within engineering or manufacturing industries
Strong analytical skills and proficiency in cost modeling
Familiarity with engineering drawings, BOMs, and manufacturing processes
Good knowledge of costing tools and ERP systems (SAP, Oracle, etc. preferred)
Strong communication and coordination skills

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