Costing Engineer

Year    MP, IN, India

Job Description

Job Title

: Costing Engineer

Location:

Indore, Madhya Pradesh

Industry:

Sheet Metal Manufacturing

Qualification:

B.Tech in Mechanical Engineering

Experience:

1-3 years (preferably in sheet metal or fabrication industry)

Preference:

Male Candidate Only

Salary:

As per company norms and experience

Job Role / Purpose:



To prepare accurate cost estimations for sheet metal components and assemblies by analyzing design specifications, materials, and manufacturing processes. The role supports strategic pricing decisions, ensures effective cost control, and contributes to continuous profitability improvement.

Key Technical Skills:



Proficiency in sheet metal manufacturing (cutting, bending, welding, etc.)
Strong knowledge of cost estimation and analysis
Ability to read and interpret engineering drawings and BOMs
Hands-on experience with ERP systems (SAP, Oracle, etc.)
Understanding of raw materials, standard costing, and variance analysis

Other Skills:



Strong analytical and problem-solving skills
Attention to detail and accuracy
Excellent communication and coordination abilities
Proficiency in MS Excel and costing tools
Time management and multitasking abilities

Key Responsibilities:



Prepare cost estimates for new product developments and customer RFQs
Analyze material, labor, tooling, and overhead costs
Work closely with design, procurement, and production teams for cost data
Update costing data in ERP systems and maintain pricing records
Conduct cost variance analysis and report findings
Support price negotiation by providing accurate costing insights
Identify and implement cost-saving opportunities
Generate costing and profitability reports for management
Job Type: Full-time

Pay: ?13,000.00 - ?16,000.00 per month

Schedule:

Day shift
Work Location: In person

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Job Detail

  • Job Id
    JD3842969
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    MP, IN, India
  • Education
    Not mentioned
  • Experience
    Year