Product Costing Engineer (India)

Product Costing Engineer (India)

30 Jul
|
Trailer Louault India
|
India

30 Jul

Trailer Louault India

India

Sr.Costing Engineer – Heavy Fabrication Industry

Position: Costing & Cost Control Engineer

Industry: Heavy Fabrication / Trailer Manufacturing / Engineering Manufacturing

Qualifications

- Diploma in Mechanical Engineering (DME)
- B.E. / B.Tech in Mechanical Engineering
- M.E. / M.Tech in Mechanical Engineering
- Additional qualification in Costing, Finance, or Industrial Engineering will be an added advantage.

Experience

- Min 10 years of experience in Cost Estimation, Product Costing, and Cost Control in a Heavy Fabrication, Trailer, Structural Steel, Pressure Vessel, or Engineering Manufacturing Industry.
- Experience in BOM preparation, routing, welding fabrication costing, and manufacturing process costing.

Roles & Responsibilities

- Prepare detailed cost estimates for fabricated products, trailers, structures, and assemblies.
- Analyze engineering drawings, BOMs, material specifications, and manufacturing processes for accurate costing.
- Calculate material, labor, machining, welding, painting, and overhead costs.
- Prepare RFQ/RFQ costing and support commercial quotation submissions.
- Develop and maintain standard costing models for products and projects.
- Monitor actual manufacturing costs against estimated costs and analyze variances.
- Coordinate with Design, Production, Purchase, Planning, and Finance departments for cost optimization.




- Identify cost reduction opportunities through value engineering and process improvements.
- Monitor material consumption, scrap generation, and productivity trends.
- Support budgeting, forecasting, and profitability analysis of projects.
- Generate periodic MIS reports related to product costing and cost control.
- Participate in recent product development and cost feasibility studies.
- Ensure proper documentation and compliance with company costing procedures.

Required Skills

- Strong knowledge of Heavy Fabrication Processes
- Cost Estimation & Cost Control
- BOM Analysis & Product Costing
- Reading Engineering Drawings
- Welding, Machining & Fabrication Costing
- ERP Software (SAP/ERPNext/Dynamics/Tally Prime, etc.)
- Advanced MS Excel
- Analytical & Problem-Solving Skills
- Budgeting & Variance Analysis

Preferred Industry Experience: Heavy Fabrication, Trailer Manufacturing, Structural Steel, Construction Equipment, Material Handling Equipment, Railway Components, Automotive Fabrication, or Engineering Manufacturing.

Pay: ₹60,000.00 - ₹65,000.00 per month

Benefits:

- Food provided
- Health insurance
- Provident Fund

Education:

- Bachelor's (Required)

Experience:

- Product Costing: 10 years (Required)

Work Location: In person

📌 Product Costing Engineer (India)
🏢 Trailer Louault India
📍 India

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