Costing Engineer - Surat

Job Description:

Job Description

                                                              Cost Estimating Engineer 

Cost Estimating is defined as: Provides cost estimates/comparison costs for the value of goods that are provided by the supply chain.

Overall Purpose of the Role:

To collect and analyse data and information in order to estimate costs associated with manufacturing a product.

Works proactively towards cost target objectives in collaboration with others.

Job holders in this role may take responsibility for a limited amount of components within the design and manufacturing process.

More senior roles hold more responsibility and accountability and have a larger remit in terms of components and financial accountability.

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

 Utlise 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

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

Example roles this job description may cover:

 Cost Estimator

 Estimating Engineer

 Cost Engineer

 Cost Planning Engineer

 Cost Reduction Engineer

 Cost Control Engineer

    Cost Analyst

 Project Cost Engineer

Qualifications and Experience Levels:

B.E OR B.TECH Civil, Diploma in Civil

Experience - Minimum 2 Yr