Costing & Estimation Engineer at Vasai east in Mumbai

Job Description:

Qualification: Diploma / BE in Mechanical, Production, Automobile
Experience: min 2+ yrs in Costing of Precision Components - CNC/VMC.
Work location: Vasai east in Mumbai
Salary budget: 3 Lpa - 5 Lpa

Day to Day Responsibility of our Engineer:
• Analyse Project Requirements: Review project plans, technical specifications, and client requirements to understand the scope, materials, labour, and equipment needed for the project.
• Cost Estimation: Utilize cost estimation techniques and software tools to calculate the expenses associated with materials, labour, equipment, subcontractors, and overhead costs for proposed projects.
• Vendor and Supplier Management: Collaborate with vendors, suppliers, and subcontractors to obtain competitive pricing, negotiate contracts, and secure favourable terms for materials, equipment, and services required for project execution.
• Cost Optimization: Identify opportunities for cost optimization, value engineering, and alternative sourcing strategies to reduce project expenses without compromising quality or performance standards.
• Documentation and Reporting: Maintain accurate records of cost estimates, budget revisions, change orders, and project-related expenses. Generate reports and presentations summarizing cost analysis findings, variance analysis, and budget performance metrics.
• Coordination and Communication: Coordinate with project managers, engineers, architects, and stakeholders to align cost estimates with project timelines, specifications, and quality standards. Communicate effectively to address inquiries, clarify assumptions, and resolve discrepancies in cost projections.
• Compliance and Regulations: Ensure compliance with regulatory requirements, industry standards, and contractual obligations related to cost estimation, pricing transparency, and procurement practices.

Location and commitments:
• Working hours: Mon to Sat – 6 days (Working Culture)
• For Weekends, we work 6 days a week, Sundays are off.
• Location – Vasai East