T06 - Costing Engineer

Key Responsibilities: Collaborate with the Engineering team to develop, maintain, and optimize Bill of Materials (BOM) structures for products and assemblies. Support product costing activities by collecting, analyzing, and validating cost data for components, materials, and manufacturing processes. Coordinate with factory and production teams to ensure effective communication, alignment, and timely resolution of costing and manufacturing-related issues. Develop a strong understanding of manufacturing processes, fabrication methods, purchased components, and equipment assemblies. Assist in preparing cost estimates, cost breakdowns, and product cost analyses to support business and engineering decisions. Support the implementation and continuous improvement of costing methodologies, tools, and processes to enhance costing accuracy and efficiency. Work with cross-functional teams to identify cost reduction opportunities and improve product profitability. Maintain costing records, BOM databases, and related documentation while ensuring data accuracy and consistency. Skills and Experience Required: Bachelor's degree in mechanical engineering or chemical engineering. 2 to 4 years of experience in Product Costing, BOM Management, Manufacturing Engineering, Industrial Engineering, or related functions. Good understanding of manufacturing processes, fabrication techniques, equipment assemblies, and engineering drawings. Experience in BOM creation, maintenance, and cost analysis activities. Knowledge of product costing methodologies, cost estimation techniques, and cost optimization principles. Strong analytical and problem-solving skills with attention to detail. Ability to coordinate effectively with engineering, production, and cross-functional teams. Proficiency in Microsoft Excel and ERP/MRP systems; exposure to SAP or similar systems is preferred. Excellent communication, organizational, and stakeholder management skills.