Costing Engineer

Role & Responsibilities :

• Participate in RFQ process by preparing detailed cost estimates for electro-mechanical machines and assemblies.
• Analyze customer specifications, drawings, and BOMs to determine material, labor, and overhead costs.
• Collaborate with design and engineering teams to validate technical feasibility and cost implications.
• Use Product Configurator tools to create accurate BOMs and routings for configured products.
• Coordinate with procurement to obtain supplier quotes and ensure competitive pricing.
• Prepare cost breakdowns and pricing sheets for submission to customers.
• Conduct cost variance analysis between estimated and actual costs post-project execution.
• Support sales and business development teams with cost-based insights during negotiations.
• Maintain and update costing databases and historical cost records for future RFQs.
• Drive cost optimization initiatives to improve profitability and competitiveness.

Key Skills Required :

• 3-5 years within electro-mechanical machine manufacturing & Hands-on experience in RFQ processes and quotation preparation.
• Experience with Product Configurator tools (preferably Infor LN or similar ERP systems).
• Proficiency in costing tools, ERP systems (SAP, Infor LN, Oracle), and MS Excel.
• Strong understanding of manufacturing processes and cost drivers.
• Excellent analytical and negotiation skills.
• Ability to work under tight deadlines and handle multiple RFQs simultaneously.

Job Type: Full-time

Pay: ₹400,000.00 - ₹700,000.00 per year

Benefits:

• Food provided
• Health insurance
• Leave encashment
• Provident Fund

Application Question(s):

• How many years of experience you are having with product costing ?
• What is your current salary ?
• What is your expected salary ?
• What is your notice period ?
• What is your current location ?

Work Location: In person