Senior Costing Engineer
1 week ago
- We are seeking a highly experienced and detail-oriented Senior Costing / Proposal Engineer to join our dynamic team. In this pivotal role, you will lead the preparation, coordination, and submission of high-quality technical and commercial proposals in response to client inquiries and tenders. Your strong analytical skills, cost estimation expertise, and deep understanding of industry practices will play a critical role in securing new business and supporting project success.
As a key member of the pre-sales and business development team, you will work closely with engineering, procurement, project management, and finance departments to ensure accurate and competitive proposals aligned with client requirements and company objectives.
- Project Analysis:
 
- Review product, process specifications, drawings, and other relevant documentation to understand the scope and requirements of the customer.
- Collaborate with engineering teams to identify key cost drivers and potential risks
- Cost Estimation:
- Develop detailed cost estimates for products, considering materials, labor, equipment, subcontractor services, and other associated expenses.
- Utilize historical data, industry benchmarks, and other sources to enhance the accuracy of cost projections.
- Cost Analysis:
- Conduct cost variance analysis to compare estimated costs with actual project expenditures.
- Identify and investigate discrepancies, providing insights and recommendations for improvement.
- Collaboration:
- Work closely with project managers, engineers, and procurement teams to gather relevant information and ensure alignment between cost estimates and project plans.
- Participate in meetings and discussions to address cost-related concerns and provide insights to support decision-making.
- Risk Assessment:
- Identify and assess potential risks that could affect project costs.
- Collaborate with project teams to develop contingency plans and risk mitigation strategies.
- Documentation and Reporting:
- Maintain accurate records of cost estimates, assumptions, and methodologies.
- Prepare and present cost reports to management and project stakeholders.
- Continuous Improvement:
- Identify opportunities for process improvement within the cost sheets, process and other activities.
- Implement best practices to enhance efficiency and accuracy in cost sheet preparation.
- Initiative:
- Taking proactive steps to address issues without always waiting for guidance.
- Demonstrating a willingness to tackle challenges independently.
- Seeking opportunities for improvement and optimization without being prompted
- Problem Identification:
- Recognizing and defining problems accurately.
- Proactively identifying potential issues before they become critical.
- Understanding the root causes of problems to address them effectively
- Continuous Learning:
- Seeking opportunities for professional development.
- Staying informed about industry trends and best practices.
- Applying lessons learned from past problem-solving experiences to future challenges.
- Design Optimization:
- Evaluate and optimize product designs for manufacturability, cost-effectiveness, and scalability.
- Collaborate with manufacturing teams to address production challenges and streamline processes.
- CAD Modelling and Simulation:
- Utilize the Solid Works Computer-Aided Design (CAD) software to create 3D models and 2D drawings of fixtures and gauges.
- Conduct simulations (Pro cast & Solid cast), and analyses to ensure the design meets the product, process functional, and performance requirements.
- Cross-Functional Collaboration:
- Work closely with cross-functional teams, including marketing, manufacturing, and quality assurance, to align product development with overall business goals.
- Communicate effectively with team members and stakeholders to ensure a shared understanding of product requirements and timelines
- Cost Estimation & Budgeting
- Analytical Thinking
- Attention to Detail
- Time Management & Prioritization
- Quantity Take-Off (QTO)
- Engineering Knowledge
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