Job Role : Cost Engineer
Responsible for supporting the Senior Cost Analyst in the development of Product Price list and providing support to Sales in all matters related to Pricing.
This includes the pricing of Customized Units, Non-Catalogue optional features and price requirements from Showroom and After Sales departments.
The incumbent is also responsible to support the Senior Cost Analyst to coordinate with Engineering and R&D, Production & Procurement for various Cost Reduction / Value Engineering initiatives / activities.
Support Senior Cost Analyst in the Development of product Price list, conducting audits and to ensure they are in line with the Product catalogues
Prepare costing and pricing of Customized Equipment’s and Special options
Assist Senior Cost Analyst / Product Managers in Value Engineering & Value analysis
Support the Senior Cost Analyst in the review of all the Product Price list according to changes in design, raw material cost and operation cost
Analyse the fluctuation / changes in Raw material / component prices.
Check and approve the Sales orders entered in the ERP system.
Monitor the Sales Quotations and pricing and report mistakes in pricing practices.
Review and audit BOM’s & Routing data and to ensure that complete data is available for the development of Price lists
Interact with Procurement to maintain the Price Books of all components.
Ensure that correct standard cost for all Items is available in ERP LN
Document all activities & ensure that data backup is maintained on a weekly basis.
Administer the duties of Cost Planner during his / her absence or whenever required.
Any other tasks related to his / her work or requested by the management.
Bachelor’s Degree in Mechanical / Industrial Engineering
Skills & Experience Required
Minimum 3 years’ experience in a similar role in manufacturing company.
Ability to communicate effectively with different levels.
Perfect computer literate.
Self-motivated and task oriented.
Good Knowledge and experience in ERP systems
Good knowledge in data analysis, forecasting tools and techniques.
Expertise in MS Excel