Cost and Estimation Engineer

Job Title: Cost & Estimation Engineer

Company: Stein Seal Company (India) Private Limited

Location: Dabaspet Industrial Area, Bengaluru Rural, Karnataka

Job Type: Full-time, On-site

Requirements:

- Educational Qualification: BE in Mechanical, Industrial, Production, or similar disciplines

- Relevant Experience: 5-6 years

- Salary: INR 5-6 LPA

Job Summary:

We are seeking a Cost & Estimation Engineer to join our team. As a Cost & Estimation Engineer, you will be responsible for estimating costs for manufacturing orders, analyzing manufacturing costs, and coordinating with cross-functional teams.

Key Responsibilities:

- Estimate costs for manufacturing orders based on technical requirements

- Analyze manufacturing costs, including raw materials, labor, equipment, and tooling

- Identify and quantify potential cost uncertainties

- Update costs based on latest information and project scope changes

- Coordinate with engineering, procurement, and other project stakeholders

- Determine the scope of the order and review preliminary data and deliverables

- Attend pre-bid meetings to determine the scope of work and required contents of the estimate

- Utilize subcontractor or vendor cost and proposal data to support estimates

- Evaluate and incorporate historical data from past orders into unit and man-hour figures

- Develop cost estimates for an entire order and assist with contract handoff to Project Managers/Operations

Requirements:

- Bachelor's degree in engineering (mechanical/industrial/production or related branch)

- 5-6 years of relevant experience

- Proficiency in cost estimation software and tools

- Strong analytical and mathematical skills

- Excellent communication and coordination abilities

What We Offer:

- Competitive salary (INR 5-6 LPA)

- Opportunity to work with a leading company in the industry

- Collaborative and dynamic work environment