Costing Engineer Job Vacancies in Pune

We ACCORD AUTOCOMP PVT LTD, Hinjawadi, Pune are seeking a meticulous and analytical Costing Engineer to join our team, specializing in the precision cost estimation for products manufactured via pressing, fabrication, and powder coating processes. The ideal candidate will establish and maintain accurate standard costs, support pricing strategies, and drive profitability improvement across our commodity lines.________________________________________Key Responsibilities: Cost Estimation & Quoting: Develop detailed cost estimates for new products and engineering changes, analyzing raw materials (steel, aluminum), tooling, processing time (stamping/pressing, welding, bending), labor, overhead, and powder coating applications. Process Analysis: Work closely with the Production, Engineering, and Supply Chain teams to understand manufacturing processes and time studies, ensuring cost models accurately reflect operational complexity and efficiency. Standard Cost Management: Establish and regularly review standard costs for all manufactured commodities, investigating and explaining significant variances between actual and standard costs. Data Management: Maintain the costing database and ERP system with current material prices, labor rates, and machine burden rates for pressing, welding, and powder coating operations. Profitability Analysis: Analyze product margins and support sales teams with data-driven recommendations for pricing strategies and make-or-buy decisions. Continuous Improvement: Identify cost-reduction opportunities by analyzing bills of material (BOMs), optimizing process routings, and evaluating alternative manufacturing methods

As a Costing Engineer, you will be responsible for analyzing production costs, identifying cost-saving opportunities, and developing cost estimates for new products or projects. You will work closely with various teams to ensure cost efficiency and accuracy in pricing.Key responsibilities include analyzing cost data to determine product costs, monitoring cost trends, and proposing cost reduction strategies. You will also be responsible for preparing cost estimates for new projects, ensuring accurate pricing and budgeting. Additionally, you will collaborate with procurement and production teams to optimize costs and improve overall financial performance.To succeed in this role, you must have a degree in Engineering or related field, with 1-4 years of experience in cost analysis or engineering. Proficiency in Microsoft Excel and strong analytical skills are essential. Excellent communication and teamwork abilities are also required to effectively collaborate with cross-functional teams. It is expected that you have a keen eye for detail and a strong problem-solving mindset to identify cost-saving opportunities.

Junior Estimator (01 Year Experience)Position: Junior EstimatorExperience Required: 01 yearLocation: PuneReporting to: Estimating LeadRole OverviewWe are looking for a Junior Estimator to support our team with basic take-offs, pricing, cost tracking, and preparation of bid documents for electrical, low-voltage, and systems-integration projects. This is an entry-level role ideal for recent graduates.Key Responsibilities Assist in reviewing drawings and basic project specifications. Perform simple quantity take-offs for cables, devices, materials, etc. Collect pricing information from vendors and maintain cost data. Prepare and update Excel-based estimate sheets. Support the creation of proposal documents and bid packages. Coordinate with internal engineering/project teams for clarifications. Learn estimation tools, industry terminology, and project workflows. Required Qualifications Diploma / B.Tech in Electrical / Electronics / Instrumentation / related field. 01 year experience (freshers welcome). Good Excel skills. Strong analytical ability and attention to detail.Good to Have (Not Mandatory) Internship in electrical/ELV/low voltage/security systems projects. Exposure to AutoCAD or any take-off software.

Roles & Responsibilities:Cost Estimation & Quotation EngineerJob location: Pune- Bhosari.Analyze customer requirements, technical drawings, and specifications.Prepare cost estimates for materials, labor, overhead, and additional expenses.Develop quotations and pricing models for clients.Material Cost Analysis:Identify the best materials and suppliers to optimize costs.Maintain an updated database of material costs.Negotiate with suppliers to get competitive pricing.Process Costing & Optimization:Evaluate different fabrication methods (laser cutting, bending, welding, powder coating, etc.) to determine cost-effective solutions.Optimize manufacturing processes to reduce waste and increase efficiency.Collaborate with the production team to identify cost-saving opportunities.Labor & Machine Costing:Calculate labor costs based on production time and complexity.Assess machine operation costs, including depreciation, power consumption, and maintenance.Profitability & Budgeting:Ensure that pricing includes adequate profit margins while remaining competitive.Monitor costs against budgets and recommend adjustments as needed.Conduct break-even analysis and cost-benefit studies.BOM (Bill of Materials) & Cost Database Management:Prepare and update BOM for different products.Maintain a structured cost database for future reference.Customer & Sales Support:Work closely with the sales and marketing teams to provide pricing strategies.Support customers by explaining cost breakdowns and justifying pricing.Cost Reduction & Continuous Improvement:Identify areas for cost reduction in design and manufacturing.Implement lean manufacturing techniques to enhance cost efficiency.

Procurement Management: Lead and manage the procurement of materials and components, focusing on fabrication, sheet metal, and processes to ensure quality and cost-effectiveness.Supplier Relationship Management: Develop and maintain strong relationships with international suppliers, negotiating contracts and ensuring compliance with company standards.Project Coordination: Collaborate with cross-functional teams including engineering, production, and quality assurance to align procurement strategies with project requirements and timelines.Market Analysis: Conduct market research and analysis to identify potential suppliers and industry trends, ensuring the organization remains competitive.Quality Assurance: Implement and oversee quality control measures for procured materials, addressing any issues or discrepancies promptlyReporting and Documentation: Prepare reports and presentations for senior management, detailing procurement performance, cost savings, and supplier evaluations.Compliance: Ensure adherence to all relevant procurement regulations and standards, maintaining ethical sourcing practices.Good Knowledge of Press Parts, Welding Process Knowledge,Sheet Metal Costing, Cutting, Bending, Forming Costing, Zero -Based costing in sheet metal, Analysis of Engineering Drawings & Stand, Costing of Sheet metal tools,.PPAP,ISO, Supplier AuditEducation: Bachelors Degree in Mechanical Engineering (BE) is required.Contact Person- Deepak- 7757087059ID- deepak.vijayamgmt@gmail.com

Costing EngineerExperience- 2 yrsEducation- Diploma, BESalary- Depend on InterviewSkill- 1) Preparation of Bill of material,2) Microsoft Excel, Word, Powerpoint knowledge3) Autocad knowledge4) Drawing reading5) Quotation preparation6) Customer communication7) Material grade knowledge8) Sheet metal laser, Bending fabrication process knowledge9) Powder coating, Hot dip galwrsing process knowledge

1. Introduce new customers to company & Enquiry Generation 2. Understanding & selection of PLC3. To understand and select proper AC/DC Drives & Servo4. Understanding of system configuration

Building Internal Electrical Work, Under-construction Building electrical work, Work is Project Estimate work, Preparing BOQ, BOM, All Electrical Work

Visit the site. Understand the customer requirement and convert this in to Drawing and BOQ format. Get the technical scope validated from client. After finalization of technical scope with client, prepare the offer for the same and submit to client. Prepare the shop drawings of the job, get it approved from client and handed over to Execution Team.

Mechanical estimation and costing with working experience in process equipments eg. heat exchangers, boilers etc.

Looking for a Electrical Estimation Engineer for a control panel manufacturer company.Candidate should understand customer requirement and prepare a quotation with Bill of Material and GA drawing.Candidate should able to read and understand electrical single line diagrams and control schematic diagram.Candidate should have basic knowledge of Designing software.