Cost Engineer - Mechanical

Ather Energy Pvt Ltd is looking for Cost Engineer - Mechanical to join our dynamic team and embark on a rewarding career journey. Cost Estimation : Estimating the costs associated with mechanical engineering projects, including materials, labor, equipment, and other resources required for successful project execution. Budgeting : Developing and managing project budgets, tracking expenditures, and ensuring that spending aligns with the approved budget. Cost Control : Monitoring and controlling project costs throughout the project lifecycle, identifying potential cost overruns, and implementing strategies to keep costs within budget. Risk Assessment : Identifying potential financial risks and uncertainties that could impact project costs and developing contingency plans to mitigate those risks. Supplier and Vendor Management : Collaborating with suppliers and vendors to obtain accurate cost estimates for materials and equipment, negotiating prices, and managing procurement activities. Data Analysis : Analyzing cost data and trends to identify patterns, deviations from budgets, and opportunities for cost savings or efficiency improvements. Cost Reporting : Preparing regular cost reports and updates for project stakeholders, including management and clients, to communicate project financial status. Value Engineering : Identifying opportunities to optimize costs by suggesting alternative materials, methods, or design changes that maintain quality while reducing expenses. Lifecycle Cost Analysis : Assessing the long-term costs associated with mechanical equipment and systems, including maintenance, operation, and replacement considerations.