Prepare detailed cost estimates and RFQ submissions for recent products, covering raw materials, casting/forging processes, machining operations, tooling, labor, overheads, logistics, and margins.
Develop, maintain, and continuously improve standard costing models for Die Casting, Sand Casting, Investment Casting, Closed Die Forging, Open Die Forging, and Machining operations.
Conduct should-cost analysis and benchmark supplier quotations to support strategic sourcing decisions and commercial negotiations.
Analyse detailed cost elements including material yield, process scrap, cycle time, labor utilization, machine rates, tooling amortization, consumables, energy costs, and rework expenses.
Monitor and investigate actual versus standard costing variances, identify deviations, and recommend corrective actions.
Support business development and sales teams with pricing strategies, quote preparation, annual price revisions, and customer negotiations.
Collaborate with Design and Engineering teams to evaluate cost implications of product design changes, localization initiatives, and VA/VE projects.
Track raw material market trends such as steel, aluminium,



cast iron, alloy steel, and other metals, and update costing models accordingly.
Prepare product costing sheets, profitability reports, contribution analysis, margin tracking, and program-wise financial performance reviews.
Support annual budgeting, forecasting, capital expenditure evaluations, ROI analysis, and payback calculations for manufacturing investments.
Work closely with Purchase, Production, Quality, and Supply Chain teams to validate costing assumptions and improve cost accuracy.
Ensure compliance with internal finance controls, customer costing formats, and open-book costing requirements where applicable.
Drive cost reduction initiatives through process optimization, productivity improvements, supplier development, and value engineering activities.
Lead and mentor the costing team while maintaining costing databases, costing tools, and ERP costing parameters.
Present cost analysis, management reports, and profitability reviews to senior leadership and stakeholders.

📌 Purchase Casting Machining Pune
🏢 TACO Air International Thermal Systems
📍 Pune