Job Description

Job Title: Manager - Furniture Costing Estimator
Location: Pilerne, Goa
Department: Product Development

Role Overview

The Costing Manager will be responsible for leading costing and estimation activities for both standard and custom-designed products/projects. This includes product costing, project cost analysis, budget forecasting, and BOM management while ensuring alignment with production, sales, and procurement functions. The role demands strong analytical skills, cross-functional collaboration, and the ability to deliver accurate cost insights that drive profitability and efficiency.

Key Responsibilities:

Product & Project Costing

Conduct detailed analysis of product and project costs, including materials, labor, and overheads, to ensure accurate budget planning and profitability. Review client designs, blueprints, technical documents, and project plans to align estimates with requirements and compliance standards. Develop detailed cost models, BOQs, and forecasts for new and existing products/projects. Calculate and allocate overhead costs using standard methods, ensuring cost accuracy across products and services. Identify potential cost-overrun factors and propose actionable cost-saving solutions.
Collaboration & Coordination

Work closely with the Production department to stay updated on manufacturing processes, resource consumption, and cost structures. Collaborate with the Procurement team to source cost-effective materials without compromising quality. Coordinate across departments to streamline execution and ensure smooth workflows. Advise designers on cost-effective alternative materials when required.
BOM & Documentation

Maintain accurate and up-to-date BOMs for all products, ensuring timely updates for design/material changes. Validate material lists provided by the team to avoid shortages or excess in procurement. Provide procurement teams with precise material requirements for timely purchasing. Ensure all team-prepared costings are checked and verified for accuracy. Prepare comprehensive cost reports, variance analyses, and documentation for management, stakeholders, and audits. Maintain meticulous records of estimated vs. actual costs for forecasting and historical analysis.
Reporting & Compliance

Prepare and present cost reports with insights into variances, trends, and profitability. Ensure compliance with accounting standards, company policies, and audit requirements. Support strategic decision-making by providing cost-related inputs to management.

Skills & Competencies Required

Cost Analysis & Estimation BOQ and BOM Preparation Blueprint & Technical Document Interpretation Supplier & Vendor Negotiation Budgeting & Financial Forecasting Collaboration & Team Coordination Strong Analytical & Problem-Solving Skills Report Preparation & Record Management Knowledge of Raw Material Cost Variations

Education & Experience

Bachelor's degree in Business, Marketing, or a related field (MBA preferred). Minimum of 5-6 years of experience in furniture costing Strong understanding of product costing and manufacturing/production processes.

Skill Set required

Excellent communication and interpersonal skills. Ability to work collaboratively across departments and levels. Analytical mindset with proficiency in data analysis tools. Strategic thinker with a results-oriented mindset. Proficiency in Microsoft Excel and financial modeling. Results-driven with a track record of achieving revenue and profitability targets. Excellent project management skills and the ability to multitask effectively. Strong leadership and interpersonal skills.
Job Types: Full-time, Permanent

Pay: ₹50,000.00 - ₹60,000.00 per month

Benefits:

Paid time off Provident Fund
Work Location: In person