Costing Engineer

3 weeks ago

Pune Maharashtra India, Maharashtra Fleetguard Filters Pvt. Ltd. Full time
  • Job Title : Costing Asst. Manager
  • Department : Strategic Sourcing
  • Location : Pune (Baner)
  • Experience : 8-14 years
  • Qualification : Diploma, BE (Mechanical) / NTTF, IGTR
  • Key Performance Indicators :


  • Ensure CCPM project cost settlement on time ( task closure ) – Sheet metal / Machined / Rubber / Plastic parts.
  • Ensure margins are protected on part cost as per expectations of internal customer requirement.


  • Roles & Responsibilities :


  • Cost settlement with supplier as per Zero base costing (ZBC) and Total cost of ownership (TCO) methodology.
  • Monthly commodity monitoring for commodity expenses and analysis.
  • Raw material prices - amendment Monthly / Quarterly / Half yearly
  • Visit supplier to understand his capability on cost drivers (Labor skill matrix, Electricity effective utilization, Process control, raw material planning with forecasting efficiency) & areas of improvements like (Rejection level, efficiency matrix, workflow losses, shop floor management, waste elimination) for cost effective commercial settlements.
  • Optimize input raw material & post operation expenses.
  • Settlement MHR (Machine Hour Rate) with suppliers for press / CNC / VMC / Coating process with competitive pricing.
  • Spend analysis for generating cost saving ideas
  • Suppliers claim settlements & negotiate with proper analysis.


  • Knowledge :


  • Process understanding (Draw, forming processes, Machining processes, Surface finishing processes)
  • Understanding of Raw material grades.
  • Quality systems - IATF 2016 System knowledge -Core tools- APQP, PPAP, FMEA, SPC , MSA
  • Process understanding = Rubber/Injection Molding/Blow molding.
  • Understanding of Process details and machine MHR rates
  • Understanding of Raw material rates
  • Knowledge of AUTOCAD / 3D Software, has some experience
  • Knowledge of location wise lander labor rate, landed electricity charges along with their details break ups
  • Knowledge of skill set enhancement methodology to improve productivity & efficiency for commercial aspects
  • Knowledge of Line balancing, KANBAN, JIT & TQM technique & there usage in commercial aspects
  • Knowledge of existing tax structures & legal compliance


  • Skills :
  • Analytical Skills- Costing
  • Presentation
  • Communication Skills
  • Negotiation Skills

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