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3.0 - 7.0 years
3 - 4 Lacs
Pune
Work from Office
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
Posted 11 hours ago
3.0 - 5.0 years
4 - 6 Lacs
Coimbatore
On-site
Hiring experienced Costing Engineer for our ASME U Stamp Pressure Vessel Company. Expertise in fabrication costing & estimation preferred. Apply now! Proven experience in fabrication costing for ASME U Stamp Pressure Vessels. Location - SF 118 Sangothipalayam , ARASUR , COIMBATORE 641 407 , TAMIL NADU
Posted 4 days ago
3.0 - 8.0 years
7 - 12 Lacs
Pune
Hybrid
Expertise knowledge in cost accounting and understanding of Financial / ERP systems, o SAP expertise especially handling product costing related activities with an ability to handle basic system issues & also support complex scenarios. Support in an accurate and timely way the product costing activities which mainly involves- periodic costing runs, determine & maintain various costing objects such as rates, tariffs, duties, charges etc. as per product costing policy, perform variance analysis, handle error resolution, calculate & monitor mark ups for intercompany delivery etc. Active interaction with ISC functions, R2R experts, Accounting Controllers and FP&A about product costing & related subjects. Support product costing lead in adhoc activities Ensure compliance of various policies related to product costing & adherence to companys accounting policies & treatments.
Posted 1 month ago
10 - 15 years
6 - 12 Lacs
Pune
Work from Office
Position Title: Cost Estimation Manager, Precision Component, Machining Company: Senwell Exports Private Limited Location: Wagholi Kesnand, Pune Experience: 10 to 15 Years Industry: Aerospace / Oil & Gas / Precision Engineering / Manufacturing Job Description: Senwell Exports Private Limited, a leading manufacturer in the aerospace and oil & gas sectors, is looking for an experienced and detail-oriented Cost Estimation Manager with deep expertise in precision machining . The ideal candidate will play a key role in driving project cost analysis, quote generation, and feasibility evaluation for complex CNC/VMC components. Key Responsibilities: Analyze technical drawings, 3D models, and RFQs to evaluate machining and manufacturing feasibility. Prepare accurate and competitive cost estimations for CNC, VMC, HMC, and other precision machining operations. Determine material, tooling, process, manpower, and cycle time requirements for each component. Develop and maintain cost models based on historical data, benchmarks, and industry trends. Coordinate with design, production, purchase, and quality teams to validate estimates and optimize costs. Liaise with customers for technical clarification and commercial negotiations during the RFQ process. Generate cost breakdowns for quotation proposals and support strategic pricing decisions. Monitor actual vs. estimated cost variance and provide feedback to improve future costing accuracy. Stay updated on machining advancements, cutting tools, and process innovations to enhance cost competitiveness. Required Skills & Competencies: Strong knowledge of precision machining processes, including CNC, VMC, HMC, turning, milling, grinding, etc. Proficient in reading engineering drawings, GD&T, and 3D models (SolidWorks/AutoCAD/CATIA) Hands-on experience in cost estimation, time study, RFQ analysis , and tooling selection Sound understanding of raw materials, surface treatments, and manufacturing processes for aerospace & oil & gas components Knowledge of process planning, cycle time calculation, BOM, routing , and production costing Excellent analytical skills, negotiation capabilities, and communication skills Proficiency in MS Excel , ERP systems, and costing software tools Exposure to AS9100/ISO 9001 quality standards is preferred Educational Qualification: Diploma / BE / B.Tech in Mechanical / Production Engineering or related field Key Skills for Naukri Keywords (for tagging): Cost Estimation, Costing, RFQ, Quotation, CNC Machining, VMC, Precision Components, Aerospace, Oil and Gas, Manufacturing Costing, Process Planning, Engineering Drawings, Tooling, BOM, AutoCAD, SolidWorks, CATIA, Machining Feasibility, Production Costing, AS9100, ISO 9001, Cycle Time Calculation
Posted 1 month ago
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