Senior Costing Engineer

• 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.

• 1. 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