Senior Costing Engineer Job Description

Company : Gate Manufacturing Private Limited

Role Title : Senior Costing Engineer

Location : Adibatla, Telangana

Experience : 7 - 8 Years

Role Overview

The role requires hands-on experience in evaluating manufacturing costs across fabrication, machining, welding, sheet metal, CNC, tooling, and secondary operations while supporting business decisions, customer quotations, and cost optimization initiatives.

Key Responsibilities

Product Costing & Estimation

- Prepare detailed product costing for fabricated, machined, sheet metal, and assembled components.
- Analyze manufacturing costs including raw material, machining, fabrication, welding, tooling, labor, overheads, and consumables.
- Develop cost sheets based on engineering drawings, BOMs, routing, and customer specifications.
- Prepare RFQ and quotation costing for new business opportunities.

Manufacturing Process Costing

- Evaluate process-wise costing for CNC machining, fabrication, sheet metal forming, laser cutting, bending, welding, powder coating, assembly, and secondary operations.
- Analyze cycle times, machine hour rates, labor cost, setup costs, and productivity assumptions.
- Coordinate with engineering and production teams for process validation and costing accuracy.

Commercial Feasibility & Pricing

- Conduct profitability and margin analysis for customer quotations.
- Support pricing decisions based on material fluctuations, conversion costs, and manufacturing feasibility.
- Recommend optimal costing strategies to improve profitability.
- Ensure commercial viability before order acceptance.

BOM & Cost Structure Management

- Validate BOMs, material specifications, and routing details for costing accuracy.
- Review and update standard costing structures periodically.
- Maintain accurate costing databases and cost assumptions.
- Analyze standard cost vs actual cost deviations.

Cost Optimization & Value Engineering





- Identify cost reduction opportunities across manufacturing processes.
- Work with engineering and production teams for value engineering and alternate process recommendations.
- Drive initiatives to reduce scrap, wastage, cycle time, and non-value-added activities.
- Recommend alternate materials, suppliers, and process improvements for cost efficiency.

Vendor & Supplier Cost Analysis

- Coordinate with procurement and suppliers for raw material pricing and conversion cost benchmarking.
- Evaluate supplier quotations and manufacturing feasibility.
- Develop cost benchmarking models for fabrication and machining vendors.
- Support supplier negotiations through cost analysis.

Cross Functional Coordination

- Work closely with Engineering, Production, SCM, Procurement, Finance, and Sales teams for accurate costing inputs.
- Coordinate with NPD and program management teams for current product costing.
- Support customer discussions related to commercial and technical costing clarifications.

MIS, Reporting & Cost Analysis

- Prepare detailed costing reports, margin analysis, and profitability reports.
- Monitor actual vs estimated manufacturing costs.
- Present cost variance analysis and improvement opportunities to management.
- Maintain cost dashboards and pricing trackers.

Required Qualifications

Education : B.E / B.Tech in Mechanical / Production / Industrial Engineering OR MBA Finance / ICWA / CMA preferred.

Mandatory Experience

- Strong experience in Fabrication Costing, Sheet Metal Costing, and Machining Costing .
- Hands-on exposure to CNC machining, fabrication, welding, laser cutting, bending, press operations, assembly, and surface treatment processes .
- Experience in RFQ costing, BOM costing, should costing, and product estimation .
- Knowledge of machine hour rate calculations, cycle time study, labor costing, and overhead allocation .
- Strong understanding of engineering drawings and manufacturing processes .
- Experience in customer quotation costing and commercial feasibility.

Experience :

- total work: 2 years (preferred)

Work Location: In person

📌 Cost Estimation Engineer (Hyderabad)
🏢 Gate Manufacturing
📍 Hyderabad