Costing Engineer

Qualifications B. Tech / BE Mechanical/ Production or equivalent. M Tech Production/ Industrial Engineering or Costing Related Post Graduation will be added advantage 2-5 years experience in medium size manufacturing industry with experience on product costing from manufacturing industry. Preferably experience in an MNC Job Competency Functional Expertise Technical/Functional Expertise Process Discipline Attention to Detail Continuous improvement Time management Role Requirements Ability to work independently with minimum guidance Must read/ understand manufacturing drawings, RFQ Drawings / 3D drawings. Conversant in MS Office Word, Advanced Excel and Power point preferred. Ability to work in a fast-paced, dynamic work environment with a focus on technical excellence, responsiveness to meet timelines Excellent written and verbal communication in English Ability to work in teams with strong team management and leadership skills Knowledge and experience in ERP systems, Epicor preferred Responsibilities Techno-commercial role involving team leadership and individual contribution, overseeing the entire project costing cycle-from development cost estimation to evaluating product cost-effectiveness and profitability. Prepare competitive quotations based on the customer scope provided by the Sales or Project team, applying technical expertise to achieve optimum cost without compromising essential requirements. Analyse and interpret customer inputs such as renderings, drawings, and technical specifications to accurately develop project cost estimates. Identification, quantification of all project cost factors, such as production time, materials, tools, labour expenses, and any other costs associated Coordinate with internal teams such as Supply Chain, Production, Engineering and Projects team to ensure the accurate and timely estimation of new projects Review estimates prepared by team to ensure accuracy, completeness, and compliance with defined scope of work Collect, analyse actual project data to compare estimation vs actual cost for identification of critical cost escalations, profitability Collaborate with other teams to provide inputs on cost reduction strategies based on analytics, recommend ways to make a product more cost effective or profitable or sustainable Document records for all project proposal and associated activities Stay connected with projects, engineering, and production teams for costing updates/ escalations throughout the project lifecycle Incorporate best industry practices on product costing, engineering practices to streamline and provide best estimates Market knowledge of logistics and installation will be an added advantage. Other Benefits: Canteen Facility Available at subsidized rates Comprehensive Mediclaim Insurance Includes maternity benefits Group Term Life & Group Accidental Insurance Five-Day Working Week Flexible Working Hours Supporting work-life balance Transport Facility – From key nodal points at subsidized rates: If your intrested please share your cv on DDI.HR@diaminter.com