Costing Engineer

Job Description

Greetings from TCS!! We are actively hiring Costing Engineers ! Job Description - Role - Costing Engineer Location: Pan India Exp Range: 4-9yrs Parts: Automotive Electrical / Electronic Parts / E-Powertrain / Battery /Battery Pack Role Overview - Costing Engineer is responsible for Estimating, Analyzing and Managing Costs for Automotive e-Powertrain / Battery / Battery Pack Parts for Project based initiatives. The role ensures projects / Parts / Components are accurately budgeted based on Zero Based Costing, monitored and kept within financial constraints while maximizing efficiency and profitability. They support strategic decision-making through detailed cost assessments and on-going Variance Control (Engineering Change Management) Key Responsibilities - · Analyze Engineering Plans, Specifications, Blueprints / Drawings and BOMs to determine materials, Labor, Equipment and overhead costs. · Work closely with Design / Marketing / Sourcing / Quality team to understand the requirements of the component · Capable enough to make Zero-based costing based on the BOM / available data. · Should have good knowledge on Part Costing and Tool Costing · Should have good knowledge on Raw Material Cost movements · Develop and maintain cost databases, cost breakdown structures and pricing models · Monitor Actual expenditure vs forecasted budgets, identify variances and recommend corrective measures. · Evaluate supplier quotes and contribute to procurement from a cost standpoint. · Generate Periodic Cost performance reports and present findings to stakeholders · Support Change Management by estimating cost impacts of revisions and variations Qualifications - · Bachelor’s degree in engineering (Mechanical / E&E/Instrumentation) · Minimum Experience: 3 Years in Part Costing / Sourcing in Automotive / Auto-Ancillary industry Technical & Software skills - · Expertise in Cost Estimation techniques: bottom-up, parametric, analogous, three points. · Expert knowledge in MS-Office · TCPCM knowledge is an added advantage Please apply with latest resume!