Costing Executive (Bengaluru)

Costing Executive (Bengaluru)

19 Aug
|
Manav Energy
|
Bengaluru

19 Aug

Manav Energy

Bengaluru

Role Purpose

Responsible for preparing accurate and competitive cost estimates for electrical products, projects, tenders, and customer enquiries. The role involves analyzing technical requirements, preparing BOQ/BOM-based costing, obtaining vendor prices, evaluating project costs, and supporting the Sales and Project teams in achieving profitable business.

Key Responsibilities
- Prepare detailed cost estimates and quotations for electrical products, projects, and customer enquiries.
- Study RFQs, technical specifications, drawings, BOQs, BOMs, and tender documents to understand project requirements.
- Obtain and analyze quotations from vendors for electrical materials, components, equipment, and services.
- Coordinate with Sales, Design/Engineering, Procurement, Projects, Production, and Finance teams for accurate costing.
- Prepare BOQ/BOM-based costing, including material, labor, fabrication, testing, transportation, installation, and other project-related costs.
- Analyze historical costing, market prices, vendor quotations, and project data to improve cost accuracy.




- Calculate selling prices, gross margins, mark-ups, and profitability as per company guidelines.
- Identify cost-saving opportunities through alternate materials, vendors, specifications, and value-engineering options.
- Prepare commercial comparisons and support the Sales team during negotiations with customers.
- Review and validate vendor quotations, price revisions, and commercial terms.
- Maintain costing databases for electrical materials, components, vendors, and standard items.
- Support tender costing and commercial submissions within defined timelines.
- Track changes in material prices and their impact on project/product costing.
- Assist in preparing revised quotations for scope changes, price variations, and customer requirements.
- Ensure costing follows approved company pricing policies, approval matrices, and commercial guidelines.
- Maintain proper documentation and records of qu

📌 Costing Executive (Bengaluru)
🏢 Manav Energy
📍 Bengaluru

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