costing engineer

1 day ago

Faridabad, Haryana, India People Human Resource Development Foundation Full time

Job Purpose

To analyse, estimate, and control costs associated with forging and casting operations, ensuring cost efficiency, optimal resource utilization, and accurate product pricing to support profitability and competitiveness

Qualifications & Skills

Education:

  • Bachelor's degree in Mechanical/Industrial Engineering, Metallurgy, or related field.

Experience:

  • 3–7 years of experience in cost engineering or industrial costing, preferably in a forging and casting environment.

Skills:

  • Strong knowledge of forging and casting processes and associated cost elements.
  • Proficiency in ERP systems (SAP, Oracle, etc.) and costing modules.
  • Excellent analytical and problem-solving skills.
  • Good communication and cross-functional collaboration.

Strong Excel and data analysis capabilities.

Key Responsibilities

1. Cost Analysis & Estimation

  • Prepare detailed cost estimates for forging and casting parts based on raw material, labour, tooling, machine time, and overheads.
  • Analyse product drawings, process flows, and BOMs (Bill of Materials) to determine cost drivers.
  • Develop cost models for new parts or process changes.

2. Cost Monitoring & Control

  • Monitor production costs on a daily/monthly basis and identify variances against standard or estimated costs.
  • Investigate deviations and recommend corrective actions to minimize wastage and inefficiencies.
  • Collaborate with production and procurement teams to track cost-saving opportunities.

3. Budgeting & Forecasting

  • Support in the preparation of plant budgets, forecasts, and financial planning.
  • Track actual vs. budgeted costs and provide variance reports.

4. Profitability Analysis

  • Conduct product-wise, customer-wise, and process-wise profitability analysis.
  • Support pricing decisions by providing cost and margin insights.

5. Process Improvement & Cost Optimization

  • Identify opportunities for cost reduction in materials, processes, and supply chain.
  • Participate in value engineering and lean manufacturing initiatives.

6. Reporting & Documentation

  • Maintain accurate cost records and documentation for audits and management reporting.
  • Prepare periodic cost reports, dashboards, and MIS as required.

Job Type: Permanent

Pay: ₹50,000.00 per month

Education:

  • Bachelor's (Preferred)

Experience:

  • Mechanical engineering: 3 years (Required)

Work Location: In person

  • QS & Billing Engineer

    2 days ago

    Faridabad, Haryana, India Aashray Design Consultants Private Limited Full time

    Role OverviewWe are seeking a qualified and detail-driven QS & Billing Engineer to join our project team. The ideal candidate will have strong experience in industrial construction projects and will be responsible for cost estimation, budgeting, quantity take-offs, contractor billing, client invoicing, and reconciliation. This dual-role position requires...

  • Process Engineer

    3 days ago

    Faridabad, Haryana, India Pee-Empro Exports ltd. Full time

    We're Hiring: Process Engineer | Garment ManufacturingFaridabad, Haryana |Apparel ManufacturingAtPee Empro Exports, we're building the next level ofmanufacturing excellence. We're looking for a Process Engineer who doesn't just analyse processes — but**transforms them using data, digitisation, and smart manufacturing solutions.What You'll Do• Analyse...

  • Design Engineer

    1 week ago

    Faridabad, Haryana, India Primate Consulting Full time

    Company DescriptionPrimate Consulting is a renowned IT service provider and consulting firm specializing in Mobile & Web Application Development, Full Stack Development, Custom Product Development, and Consulting Services. The company delivers cost-effective solutions on time across diverse industries such as IT, HR, Retail, Manufacturing, BFSI, Insurance,...

  • Process Engineer

    7 days ago

    Faridabad, Haryana, India Corporate Comrade Consultancy Full time

    Dear Candidates, Please note, we will be able to respond to only those candidates, whose cvs are shortlisted. We respect your valuable time for applying.Job OverviewJob Title: Process EngineeringLocation: FaridabadIndustry: ManufacturingSalary - 12 LPAB. Tech, 10-15 years of experienceIT/Line Balancing, Process Improvement, New Model, Commercialization, Auto...

  • Billing Engineer

    7 days ago

    Faridabad, Haryana, India Shamway Infra Developers Pvt. Ltd. Full time

    Job Title: Billing EngineerCompany: Shamway Infra Developers Pvt. Ltd.Salary: ₹30,000 - ₹40,000 per monthExperience: 5 to 15 yearsJob Location: Delhi NCR RegionJob Description:Shamway Infra Developers Pvt. Ltd., a reputed name in the construction industry, is seeking a skilled and experienced Billing Engineer to join our dynamic team. The ideal candidate...

  • Mechanical Design Engineer

    3 days ago

    Faridabad, Haryana, India Innotec Power Full time

    Job SummaryThis is afull-time on-siterole for aDesign Engineerat Innotec Power in Faridabad. We are seeking a skilledDesign Engineerwith experience in the Motors & Alternators industry and knowledge of sheet metal design. The candidate will be responsible for developing new designs, creating 3D/2D models, preparing engineering documentation, and working...

  • Manager, Engineering

    3 days ago

    Faridabad, Haryana, India Whirlpool Full time

    ➔ 10-15 years depending on scope of project Engineering & Technical Design Experience ◆ Proven development and execution experience of the Mega Projects. ◆ Knowledge in given category - Project Execution, Refrigeration & Air category Knowledge, Market Know how for Refrigeration and Air conditioners. ◆ System design - Refrigeration & Air conditioning...

  • Production Engineer

    1 week ago

    Faridabad, Haryana, India Primate Consulting Services Full time

    Company DescriptionPrimate Consulting is a top IT service provider and consulting firm specializing in Mobile & Web Application Development, Full Stack Development, Custom Product Development, and more. We cater to diverse industries such as IT, HR, Retail, Manufacturing, BFSI, Insurance, Healthcare, Engineering, and Automotive. Committed to delivering...

  • Engineer-Mechanical Design

    1 day ago

    Faridabad, Haryana, India Innotec Power Full time

    Role & responsibilities1. New Product Design & DevelopmentConceptualize and design new motors, alternators, and associated sheet metal components (enclosures, housings, brackets, covers, ventilation systems, etc.).Perform detailed 3D modeling and 2D drafting with complete GD&T for manufacturability.Conduct design feasibility studies considering cost, weight,...

  • Application Engineer/ Backend Executive/ sales Support

    1 day ago

    Faridabad, Haryana, India Dustech Engineers PVT LTD Full time

    Key ResponsibilitiesApplication EngineeringStudy customer specifications, BOQs, and tender documents to understand HVAC system requirementsSelect appropriate blowers, fans, and accessories based on airflow, static pressure, efficiency, noise, and operating conditionsPerform technical calculations and ensure compliance with relevant HVAC standards and...