About the Company:
Imperium Engineering Pvt. Ltd. is a leading manufacturer in the electrical panel and automation industry, committed to delivering high-quality control panels and engineered solutions for industrial applications. We focus on innovation, precision, and customer satisfaction.
Position: Costing Engineer
Department: Engineering / Estimation
Reports To: Head of Operations / Project Manager
Key Responsibilities:
🔹 Prepare accurate cost estimates for electrical panel manufacturing and assemblies
🔹 Develop Bill of Materials (BOM) and quantify components needed for production
🔹 Analyze material, labour, overhead and vendor prices to determine optimum costing
🔹 Coordinate with procurement, design and production teams to finalize cost inputs
🔹 Review vendor quotations and negotiate competitive pricing
🔹 Maintain costing database & update rate changes for materials and processes
🔹 Ensure cost targets and profitability margins are met for projects
🔹 Provide costing support during tendering, client quotation and proposal stages
🔹 Assist in continuous improvement and cost reduction initiatives
Qualifications & Skills:
- Bachelor-s Degree in Electrical Engineering or related field
- 1-8 years of experience (Panel manufacturing costing preferred)
- Freshers with strong academic records may be considered
- Strong understanding of electrical components, schematics & panel architecture
- Proficient in MS Excel (VLOOKUP, Pivot Tables, Formulas)
- Good analytical and numerical skills
- Excellent communication and coordination skills
- Knowledge of material standards, industrial rates & vendor pricing advantage
Preferred Experience:
- Experience with control panel manufacturing costing
- Exposure to BOM preparation
- Familiarity with ERP / inventory systems
- Understanding of electrical design & load calculation