Senior Costing Engineer

Job Description

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.

Responsibilities

1. Project Analysis:

2. Review product, process specifications, drawings, and other relevant documentation to understand the scope and requirements of the customer.

3. Collaborate with engineering teams to identify key cost drivers and potential risks

4. Cost Estimation:

5. Develop detailed cost estimates for products, considering materials, labor, equipment, subcontractor services, and other associated expenses.

6. Utilize historical data, industry benchmarks, and other sources to enhance the accuracy of cost projections.

7. Cost Analysis:

8. Conduct cost variance analysis to compare estimated costs with actual project expenditures.

9. Identify and investigate discrepancies, providing insights and recommendations for improvement.

10. Collaboration:

11. Work closely with project managers, engineers, and procurement teams to gather relevant information and ensure alignment between cost estimates and project plans.

12. Participate in meetings and discussions to address cost-related concerns and provide insights to support decision-making.

13. Risk Assessment:

14. Identify and assess potential risks that could affect project costs.

15. Collaborate with project teams to develop contingency plans and risk mitigation strategies.

16. Documentation and Reporting:

17. Maintain accurate records of cost estimates, assumptions, and methodologies.

18. Prepare and present cost reports to management and project stakeholders.

19. Continuous Improvement:

20. Identify opportunities for process improvement within the cost sheets, process and other activities.

21. Implement best practices to enhance efficiency and accuracy in cost sheet preparation.

22. Initiative:

23. Taking proactive steps to address issues without always waiting for guidance.

24. Demonstrating a willingness to tackle challenges independently.

25. Seeking opportunities for improvement and optimization without being prompted

26. Problem Identification:

27. Recognizing and defining problems accurately.

28. Proactively identifying potential issues before they become critical.

29. Understanding the root causes of problems to address them effectively

30. Continuous Learning:

31. Seeking opportunities for professional development.

32. Staying informed about industry trends and best practices.

33. Applying lessons learned from past problem-solving experiences to future challenges.

34. Design Optimization:

35. Evaluate and optimize product designs for manufacturability, cost-effectiveness, and scalability.

36. Collaborate with manufacturing teams to address production challenges and streamline processes.

37. CAD Modelling and Simulation:

38. Utilize the Solid Works Computer-Aided Design (CAD) software to create 3D models and 2D drawings of fixtures and gauges.

39. Conduct simulations (Pro cast & Solid cast), and analyses to ensure the design meets the product, process functional, and performance requirements.

40. Cross-Functional Collaboration:

41. Work closely with cross-functional teams, including marketing, manufacturing, and quality assurance, to align product development with overall business goals.

42. Communicate effectively with team members and stakeholders to ensure a shared understanding of product requirements and timelines

Requirements

• Cost Estimation & Budgeting
• Analytical Thinking
• Attention to Detail
• Time Management & Prioritization
• Quantity Take-Off (QTO)
• Engineering Knowledge

Training & Progression

• A career ladder system, which defines the career progression path for employees based on their skills, experience, and length of service
• Integrated career progression framework with other processes in the organization as performance reviews, goals and OKRs, and promotion management.
• Internal Hiring – Advertising posts and promotion opportunities within the organization
• Providing employee development that readies workers for progression, such as training, coaching, mentoring, or involvement in special projects
• Regular Training Opportunities to develop skills at all levels
• Mentoring and Coaching schemes that give the individual's the attention they need

Benefits

Remote Working

Medical Insurance

Life Insurance

Mental Well-being

Family Support and Care

Uniform

Paid Holiday

Learning Environment

Subsidised Healthy Meals

Work-Life Balance

Annual Health Check-ups

Teamwork

Safety and Working for the Community

Open and Transparent Culture

Application Tips

Be curious

Researching our company will help you in your application and in subsequent rounds of interviews too. Find out about us and follow us on social media to know more about our company culture and values. It would be helpful for you to visit our website and know more about our products, people & processes. This will help you decide if a career with us is right for you, and ensure that you send in your application with relevant and correct information.

Complete the application

Every job has a specific set of requirements. In order to boost your chances of being hired, please send in a complete application with all supporting documents and information that is needed by our team. It is good to be accurate, truthful, and correct in your application. We would recommend that you review your application before sending it to us, and focus on quality of content rather than quantity of information.

Referrals

Referrals and references help boost job applications. Getting someone to write a testimonial or recommendation for you can certainly strengthen your prospects. Please be sure to include all contact details of the person who is referring you to us. We may contact the person to find out more about you, so making it a professional and honest referral will help you.

Follow the instructions

This is the biggest application tip that we can give you: read the instructions thoroughly before you send the application over to us. Following the instructions correctly & fully will ensure that your resume goes through the hiring process smoothly and gets processed by the right person at the right time. It will increase your chance of being called for an interview and getting hired.

Application Process

Resume screening

Send in your resume with all the information required. We usually take 10 working days to look over the applications and arrive at a decision – we promise to let you know either way. If your resume is cleared, you move to the next stage in the recruitment process.

Preliminary meeting

This can take place via a video call or a phone call, or even a direct meeting. This preliminary meeting gives us the chance to get to know you more and to clear you for the next round of assessment.

Assessment round

In this round, you will go through a technical or a functional assessment depending on the role that you have applied for. There is also a DiSC assessment round for candidates who apply to us for key roles.

Final interview

If you have made it this far then you get to meet the team leaders or top management of our company – depending on the job that you have applied for. The final interview helps us understand you even more before we hire you for the job.