Costing Engineer

7 days ago

Mumbai, Maharashtra, India SCHACH Engineers (P) Ltd. Full time ₹ 9,00,000 - ₹ 12,00,000 per year

Job Title:
Costing Engineer

About Schach Engineers:

Schach Engineer Pvt Ltd offers a wide range of quality products and services that meets the needs of global customers operating in diverse and demanding markets. We are a perfect blend of the luxury of infrastructure and design competencies with quality consciousness at the core with essential certifications to compete in the global market.

Designation: Costing Engineer

Reports to:
CFO

Location:
Mumbai

Job Summary:

We are seeking a detail-oriented and analytical
Costing Engineer
to join our team. The successful candidate will be responsible for preparing and analyzing cost estimates for manufacturing operations, assisting in budget planning, cost control, and profitability analysis. The role requires collaboration with engineering, production, procurement, and finance departments to ensure accurate costing and process efficiency.

Key Responsibilities
:

  • Prepare and maintain standard costing for all products and processes.

  • Analyze material, labor, and overhead costs and identify cost-saving opportunities.

  • Develop and maintain the costing model for all products, including BOMs (Bill of Materials) and routings.

  • Collaborate with engineering and production teams to assess design changes and their impact on cost.

  • Perform variance analysis (standard vs actual cost) and recommend corrective actions.

  • Support the new product development (NPD) process by providing cost inputs at the design and prototyping stages.

  • Evaluate supplier quotations and compare with internal cost benchmarks.

  • Prepare monthly, quarterly, and annual cost reports for management.

  • Assist in inventory valuation, cost audits, and financial planning activities.

  • Monitor manufacturing efficiency and help identify opportunities for process optimization.

Qualifications & Skills:

  • Bachelor's degree in
    Mechanical / Industrial Engineering
    , or related field.
  • 2–5 years
    of experience in cost engineering or cost analysis in a manufacturing setup.
  • Strong understanding of
    manufacturing processes
    ,
    BOMs
    , and
    ERP systems
    (SAP, Oracle, etc.).
  • Proficient in
    MS Excel
    , costing software, and data analysis tools.
  • Strong analytical and problem-solving skills.
  • Excellent communication and cross-functional collaboration abilities.
  • Attention to detail and ability to work under deadlines.

Preferred:

  • Experience in [industry-specific experience, e.g., automotive/electronics/plastics].
  • Familiarity with
    Lean Manufacturing
    ,
    Kaizen
    , or
    Six Sigma
    principles.
  • Knowledge of
    cost accounting
    or
    financial analysis
    is a plus.

Salary
: As per industry standards.

Notice
: Immediate Joiner preferred

  • Cost Engineer

    1 week ago

    Mumbai, Maharashtra, India Eram Talent Full time ₹ 12,00,000 - ₹ 36,00,000 per year

    A leading talent acquisition company is on the lookout for a skilled and detail-oriented Cost Engineer specializing in Oil & Gas Projects to join our team. This role is vital in ensuring that all financial aspects of projects are managed effectively, from budgeting through to forecasting and cost control. As a Cost Engineer, you will work closely with...

  • Costing Engineer

    1 day ago

    Mumbai, Maharashtra, India Lloyd Insulations Full time ₹ 2,00,000 - ₹ 6,00,000 per year

    Role & responsibilitiesCosting & Estimation: Prepare accurate cost estimates for construction projects, including materials, labor, and overhead costs.Insulation Knowledge: Understand and manage insulation requirements, ensuring compliance with project specifications and standards.Project Coordination: Collaborate with engineering, procurement, and...

  • Engineer - Costing

    4 weeks ago

    Mumbai, Maharashtra, India kec international Full time

    About RPG Enterprises Mumbai head-quartered RPG Enterprises is one of India s largest industrial conglomerates With over 15 companies in its fold the group has a strong presence across core business sectors such as Infrastructure Tyres IT Healthcare Energy and Plantation to name a few Established in 1979 RPG Enterprises is one of India s fastest...

  • Costing Engineer

    1 week ago

    Mumbai, Maharashtra, India Larsen & Toubro Full time ₹ 6,00,000 - ₹ 12,00,000 per year

    Cost EstimationRate AnalysisProductivity and utilization of resourcescost analysiscollect and analyze data in order to assess the time, money, materials, and labor required -activity wise

  • Costing Executive

    2 weeks ago

    Mumbai, Maharashtra, India Lloyd Insulations Full time ₹ 9,00,000 - ₹ 12,00,000 per year

    Role & responsibilitiesCosting & Estimation: Prepare accurate cost estimates for construction projects, including materials, labor, and overhead costs.Insulation Knowledge: Understand and manage insulation requirements, ensuring compliance with project specifications and standards.Project Coordination: Collaborate with engineering, procurement, and...

  • Cost Estimator

    4 weeks ago

    Mumbai, Maharashtra, India KALPATARU PROJECTS INTERNATIONAL LIMITED Full time

    Job Opening for Pipeline Cost Estimator at Kalpataru Projects International Ltd Job Title: Pipeline Cost Estimator Job Location: Mumbai- Santa Cruz Experience Level: 10+ Years in Oil & Gas Industry (Refinery, Process Plant, fertilizer Plant) Educational Requirements: BE/B Tech- Mechanical Job Summary: We are seeking a highly...

  • Cost Controller

    1 week ago

    Navi Mumbai, Maharashtra, India Jacobs Technology Full time ₹ 5,00,000 - ₹ 12,00,000 per year

    Your impact Support Senior Cost Controllers to develop Cost WBS structure and control budget for the project based on the approved estimate. Support Senior Cost Controller to the change management as support to the project manager. Support in monitoring of cost developments of engineering/vendors/contractors and develop the cost reports. Analyze...

  • Costing & Budgeting

    1 week ago

    Mumbai, Maharashtra, India Kolte Patil Full time ₹ 15,00,000 - ₹ 25,00,000 per year

    Job Summary:The Manager Budgeting (PMC) plays a critical role in planning, monitoring, and controlling the budgets of real estate projects from a consultancy and execution perspective. The role involves working closely with project managers, architects, quantity surveyors, procurement, and finance teams to ensure accurate budgeting, cost control throughout...

  • Cost Control Manager

    4 weeks ago

    Mumbai, Maharashtra, India Aarvi Encon Limited Full time

    AARVI ENCON LTD. is hiring urgently for a Cost Control Manager / Engineer Role: Cost Control Manager / Engineer (Mechanical -Oil&gas,Refinery & Petrochemical experience) Mandatory : Notice period - Immediate joiner only Location – Dahej & Nagothane Number of Openings - 5 Experience – 10 to 20 Years Salary Range - Negotiable Job Address – Dahej...

  • Site Engineer

    1 week ago

    Navi Mumbai, Maharashtra, India M L Labade Engineer Contractor Full time ₹ 4,00,000 - ₹ 12,00,000 per year

    Role & responsibilitiesOrganizing materials and ensuring sites are safe and clean.Preparing cost estimates and ensuring appropriate materials and tools are available.Providing technical advice and suggestions for improvement on particular projects.Diagnosing and troubleshooting equipment as required.Negotiating with suppliers and vendors to ensure the best...