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Job Type

Full Time

Job Description

Job Title:


About Schach Engineers:

Schach Engineer Pvt Ltd offers a wide range of quality products and services that meets the needs of global customers operating in diverse and demanding markets. We are a perfect blend of the luxury of infrastructure and design competencies with quality consciousness at the core with essential certifications to compete in the global market.


Designation: Costing Engineer


Reports to:


Location:


Job Summary:

Costing Engineer

Key Responsibilities

  • Prepare and maintain standard costing for all products and processes.


  • Analyze material, labor, and overhead costs and identify cost-saving opportunities.


  • Develop and maintain the costing model for all products, including BOMs (Bill of Materials) and routings.


  • Collaborate with engineering and production teams to assess design changes and their impact on cost.


  • Perform variance analysis (standard vs actual cost) and recommend corrective actions.


  • Support the new product development (NPD) process by providing cost inputs at the design and prototyping stages.


  • Evaluate supplier quotations and compare with internal cost benchmarks.


  • Prepare monthly, quarterly, and annual cost reports for management.


  • Assist in inventory valuation, cost audits, and financial planning activities.


  • Monitor manufacturing efficiency and help identify opportunities for process optimization.


Qualifications & Skills:

  • Bachelor's degree in

    Mechanical / Industrial Engineering

    , or related field.
  • 2–5 years

    of experience in cost engineering or cost analysis in a manufacturing setup.
  • Strong understanding of

    manufacturing processes

    ,

    BOMs

    , and

    ERP systems

    (SAP, Oracle, etc.).
  • Proficient in

    MS Excel

    , costing software, and data analysis tools.
  • Strong analytical and problem-solving skills.
  • Excellent communication and cross-functional collaboration abilities.
  • Attention to detail and ability to work under deadlines.


Preferred:

  • Experience in [industry-specific experience, e.g., automotive/electronics/plastics].
  • Familiarity with

    Lean Manufacturing

    ,

    Kaizen

    , or

    Six Sigma

    principles.
  • Knowledge of

    cost accounting

    or

    financial analysis

    is a plus.


Salary


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