Cost Estimator

8 hours ago

Pune Maharashtra, India Aquarius Engineers Pvt. Ltd Full time

**1. Overview**: 2. Key Responsibilities **Cost Estimation**: - Prepare detailed and accurate cost estimates for products, projects, and processes, considering all direct and indirect costs (materials, labour, overhead). - Analyse cost data to identify opportunities for cost reduction and process optimization. **Collaboration & Data Collection**: - Work closely with the design, procurement, and production teams to gather essential data for accurate cost estimation. - Regularly update and maintain costing databases for material prices, labour rates, and overhead costs. **Production Cost Analysis**: - Assist in performing variance analysis (planned vs. actual costs) and identify areas of inefficiency. - Prepare cost-benefit analyses for potential product or process changes. **Continuous Improvement**: - Suggest process improvements based on cost analysis and industry best practices. - Participate in cross-functional projects to enhance cost control and efficiency within the manufacturing processes. **3. Required Qualifications** **Education**: Bachelor’s degree in Mechanical Engineering. **Experience**:3 to 5 years** of experience in cost estimation, preferably within a manufacturing or engineering environment. Prior experience working with ERP systems, costing software, and data analysis tools. preferably in the heavy machinery manufacturing / construction equipment industry. **Certifications/Licenses**: - Proficiency in cost estimation software, MS office, Advance Excel, and ERP systems (SAP, Oracle). **Special Skills**: - Results-oriented with a proactive and strategic approach to vendor development. - Excellent communication skills and the ability to manage multiple projects and priorities simultaneously. **Core Competencies**: - Strong knowledge of manufacturing cost structures and pricing strategies. - Continuous improvement mind-set with a focus on cost reduction. - Ability to collaborate effectively across departments. **Technical Competencies**: - Strong understanding of production processes and material flow in a manufacturing setup. - Ability to interpret technical drawings and specifications to derive cost elements. Pay: Up to ₹700,000.00 per year Schedule: - Day shift **Experience**: - cost estimation: 5 years (required) Work Location: In person

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