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Costing & Estimation Engineer
Expel Prosys
posted 1mon ago
Job Role Insights
Flexible timing
Key skills for the job
Job Description
Expel Prosys is looking for Costing & Estimation Engineer to join our dynamic team and embark on a rewarding career journey
Cost Estimation:
- Analyze engineering drawings, specifications, and project requirements to estimate tooling costs.
Collaborate with design and engineering teams to understand technical aspects impacting costs.
Financial Analysis:
- Conduct financial analysis on tooling projects to identify cost drivers and potential areas for cost savings.
Provide insights and recommendations to management based on financial assessments.
Budgeting and Forecasting:
- Assist in the development of budgets for tooling projects.
Provide accurate forecasting of costs throughout the project lifecycle.
Cost Control:
- Implement and maintain effective cost control measures.
Monitor project expenses and implement corrective actions if necessary.
Vendor Negotiation:
- Collaborate with vendors to obtain competitive quotes for tooling materials and services.
Negotiate favorable terms and conditions to optimize project costs.
Documentation:
- Maintain detailed documentation of cost estimates, project budgets, and financial analyses.
Ensure compliance with accounting standards and internal procedures.
Collaboration:
- Work closely with cross-functional teams, including design, engineering, procurement, and finance.
Communicate effectively to align cost management efforts with project goals.
Continuous Improvement:
- Identify opportunities for process improvement in cost estimation and accounting.
Implement best practices to enhance accuracy and efficiency.
Must be conversant with costing of electrical panels
Employment Type: Full Time, Permanent
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What people at Expel Prosys are saying
Estimation Engineer salary at Expel Prosys
reported by
6
employees
with 1-6
years exp.
₹2.4
L/yr - ₹3.1
L/yr
44%
less
than the average Estimation Engineer Salary in India
View more details
What Expel Prosys employees are saying about work life
based on 56 employees
Flexible timing
Monday to Saturday
Within country
Day Shift
Expel Prosys Benefits
Free Transport 
Job Training 
Health Insurance 
Soft Skill Training 
Free Food 
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