Senior Costing Engineer – Steel Stamping JD

Company: Gate Manufacturing Private Limited

Role Title: Senior Costing Engineer

Location: Adibatla, Telangana

Department: Costing / Engineering

Experience: 7–8 Years

Industry: Steel Stamping / Sheet Metal / Fabrication / Machining

Role Overview

Gate Manufacturing Private Limited is looking for an experienced Senior Costing Engineer with strong hands-on experience in Steel Stamping, Sheet Metal, Fabrication and Machining Costing .

The role will be responsible for product costing, RFQ costing, BOM analysis, process costing, tooling costing, quotation preparation and profitability analysis . The candidate will work closely with Engineering, Production, Procurement, SCM and Sales teams to ensure accurate and commercially viable costing.

Key Responsibilities

Product & RFQ Costing

- Prepare detailed costing for steel stamped, sheet metal, fabricated and machined components .
- Prepare RFQ and quotation costing based on customer drawings, BOM and specifications.
- Calculate raw material, process, tooling, labour, overhead and secondary operation costs.
- Evaluate product cost and commercial feasibility before quotation submission.

Steel Stamping & Process Costing

- Develop costing for steel stamping and press components .
- Evaluate progressive die, tandem die and press operation requirements.
- Calculate material consumption, blank size, strip layout, scrap/wastage and material yield.
- Estimate tooling, die, setup, cycle time, press-hour and conversion costs.
- Evaluate processes such as blanking, piercing, bending, forming and deep drawing .

Manufacturing Costing

- Prepare process-wise costing for laser cutting, bending, welding, fabrication, CNC machining, assembly and surface treatment .
- Analyse machine hour rates, cycle time, setup time, labour and overhead costs.




- Coordinate with Production and Engineering teams to validate costing assumptions.

Drawing & Feasibility Analysis

- Review 2D drawings, 3D models, BOM, GD&T; and specifications for costing.
- Assess material grade, thickness, tolerances and manufacturing feasibility.
- Identify tooling and process requirements during the costing stage.

Cost Optimization

- Identify opportunities to reduce material consumption, scrap, cycle time and manufacturing costs .
- Support value engineering and alternate process/material evaluation.
- Compare estimated cost with actual manufacturing cost and analyse variances.

Supplier & Commercial Costing

- Analyse supplier quotations and validate manufacturing costs.
- Support procurement and supplier negotiations through cost benchmarking.
- Prepare margin and profitability analysis for customer quotations.

Reporting & Coordination

- Maintain costing sheets, databases and pricing trackers.
- Prepare cost comparison and variance reports for management.
- Coordinate with Engineering, Production, Procurement, SCM, Finance and Sales teams.

Required Qualifications

- B.E / B.Tech in Mechanical / Production / Industrial Engineering .
- 7–8 years of relevant costing experience in manufacturing.
- Mandatory experience in Steel Stamping / Press Components Costing.
- Hands-on knowledge of Progressive Die and Tandem Die costing .
- Strong experience in Sheet Metal, Fabrication and Machining Costing .
- Experience in RFQ costing, BOM costing, should costing and product estimation .
- Knowledge of material yield, scrap calculation, cycle time and machine-hour costing.
- Strong understanding of engineering drawings and manufacturing processes.
- Positive knowledge of Excel and costing tools/models .

Preferred Experience

- Steel stamping / press component manufacturing
- Progressive & tandem press operations
- Tooling and die costing
- Automotive / industrial component manufacturing
- Value engineering and cost reduction
- Supplier cost analysis

📌 Sr Cost Estimation Engineer (Hyderabad)
🏢 Gate Corporation USA
📍 Hyderabad