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 EngineerDepartment: Engineering / EstimationReports To: Head of Operations / Project ManagerKey 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 initiativesQualifications & Skills: Bachelors Degree in Electrical Engineering or related field 18 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 advantagePreferred Experience: Experience with control panel manufacturing costing Exposure to BOM preparation Familiarity with ERP / inventory systems Understanding of electrical design & load calculation