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Costing Executive

2 weeks ago

Chakan Pune Maharashtra, India Seri Prints Full time

**Costing Executive OR Engineer Require**d:

- **Education:

- BE / Diploma Mechanical or B.tech. Mechanical**

**Experience: 3 to 10 years**

**Job location:

- Ambethan, Chakan, Pune**

**Experience with Sheetmetal and fabrication company required.**

**Interested may apply**
- Cost Estimation: Analyze engineering designs, specifications, and project requirements to estimate the costs of materials, labor, equipment, and overhead expenses involved in the production process.
- Cost Optimization: Identify opportunities for cost reduction and efficiency improvement through value engineering, process optimization, and alternative material sourcing without compromising quality or performance.
- Budgeting and Forecasting: Collaborate with project managers and finance teams to develop accurate cost budgets and forecasts for engineering projects, ensuring alignment with organizational goals and financial targets.
- Pricing Analysis: Conduct market research and competitor analysis to evaluate pricing strategies and ensure that product pricing is competitive while maintaining desired profit margins.
- Cost Tracking and Control: Monitor actual costs versus budgeted costs throughout the project lifecycle, identifying deviations and implementing corrective actions to control expenses and mitigate risks.
- Cost Reporting: Prepare regular reports and presentations summarizing cost analysis findings, budget variance explanations, and recommendations for management review and decision-making.
- Supplier and Vendor Management: Negotiate with suppliers and vendors to obtain favorable pricing terms, evaluate supplier performance, and assess the impact of vendor pricing on overall project costs.
- Cross-functional Collaboration: Collaborate with engineering teams, procurement, production, and other relevant departments to gather cost-related data, facilitate knowledge sharing, and ensure alignment of cost management efforts with project objectives.
- Compliance and Regulations: Stay updated on industry regulations, standards, and compliance requirements related to cost estimation, procurement practices, and financial reporting to ensure adherence and minimize risks of non-compliance.
- Continuous Improvement: Proactively identify opportunities for process improvement, cost-saving initiatives, and technology adoption to enhance the effectiveness and efficiency of cost estimation and management practices.

**Job Types**: Full-time, Permanent

**Salary**: ₹35,000.00 - ₹45,000.00 per month

**Benefits**:

- Provident Fund

Schedule:

- Day shift

Supplemental pay types:

- Yearly bonus

**Education**:

- Bachelor's (preferred)

**Experience**:

- total work: 6 years (preferred)

Work Location: In person

**Speak with the employer**

+91 7058578140