Costing Engineer 5 Years@7 Lpa - Bengaluru, India - AV Technoserve
Description
Position
:
Costing Engineer / Asst. Manager
Qualification
:
BE - Mechanical Engineering
Work Experience: 5
to 6 years (Exposure in Costing & Supply Chain Management, Logistics, Import and Export Licensing)
Preferred Industry / Segment
:
Filtration Products, Manufacturing.
Work Location
:
Arekere, Bangalore
Overall Purpose of the Role:
To collect and analyze data and information in order to estimate costs associated with manufacturing a product. Works proactively towards cost target objectives in collaboration with others.
Key Responsibilities:
General and Task Management
- Determine cost estimate targets during the design and development process, recommending cost effective solutions
- Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products
- Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data
- Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement
- Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts
- Monitor and review data and information to detect or assess problems
- Investigate and identify cost reduction opportunities through cost analysis review
- Contribute to cost monitoring and reporting systems and procedures and monitor trends
- Prepare cost and expenditure statements, reports and other necessary documentation at regular intervals to share with others in the business
- Support all activities in cost estimating and take a proactive approach towards improvements
Relationship Management
- Liaise with stakeholders and support management decisions by providing appropriate cost information and data
- Provide cost estimates during change process and advise of cost impact of changes. Track and monitor activity
- Work with stakeholders to ensure estimates are accurate and to make appropriate adjustments and resolve issues
- Analyse supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimisation.
- Ensure supplier quotations meet 'should cost' estimates
- Support supplier meetings and negotiations to challenge quotation prices and aim for cost reductions to meet target costs
- Support and utilise experience to aid best practice in the supplier process in conjunction with members of the purchasing team
- Liaise with purchasing department to provide continued feedback to ensure competitive pricing
Self-Management - Adhere to any health, safety and environmental policies and procedures to ensure the safety and wellbeing of self, staff and visitors
- Assertive, resilient and welcomes change
- Engages interest and participation of others and has a collaborative approach to working with others
- Proactively contributes to the team
- Actively committed to teams development
- Is self aware and optimistic
- Shows moral courage, openness and honesty in all dealings
Skills and Attributes:
- Good communication skills with the ability to form and maintain good relationships internally and externally
- Good interpersonal, negotiation and influencing skills
- Commercially and financially aware
- Strong analytical skills
- Strong technical mindset and able to read and interpret technical data and translate to others
- Highly numerate with the ability to research, assemble manage and manipulate numerical information
- Knowledge of estimating techniques
- Results orientated and organised with the ability to deliver against deadlines
- Strong attention to detail and accuracy skills
- Project management skills
Qualifications and Experience Levels:
- Relevant business/commercial or manufacturing/engineering degree preferred,
- Some previous experience of cost estimating, ideally in an automotive, manufacturing or engineering environment
- Good IT systems knowledge and skills including advanced Excel skills
- Ideally experienced in the use of spreadsheets, estimating pricing models and cost management tools
- Able to show evidence of adding value and cost optimization
- Knowledge and understanding of a variety of manufacturing/automotive processes and components and ability to evaluate and analyze associated costs
- Membership of an appropriate professional body would be advantageous
Job Types:
Full-time, Regular / Permanent
Salary:
₹600, ₹700,000.00 per year
Schedule:
- Day shift
Ability to commute/relocate:
- Bangalore, Karnataka: Reliably commute or planning to relocate before starting work (required)
Application Question(s):
- Can able to join immediately or in 15 Days
- Education must be Mechanical Engineering
- How many years of experience you hold in Manufacturing industry?
- Should have exp
More jobs from AV Technoserve
-
Biw Fixure
Bengaluru, India - 2 weeks ago
-
Mechanical Designer
Bengaluru, India - 3 weeks ago
-
Hiring for Draftsman
Noida, India - 2 weeks ago
-
Tekla Modeller
Pune, India - 3 days ago
-
Lab Technician
Bengaluru, India - 3 weeks ago
-
Procurement Executive
Bengaluru, Karnataka, India - 1 week ago