Position : Senior Manager-Costing

Location : Gurgaon

JD-Costing Cell Manager

Experience 11-14 years
Should be from Auto Industry & assembly manufacturing
Well versed with Excel & Basic Formula
SAP can be added advantage
Should be Techno-Commercial
Basic of costing fundamentals is must

Designation: Costing Cell team member

1. Cost Estimation and Budgeting

Develop accurate cost estimates for projects based on project plans, drawings, and specifications.
Prepare detailed budgets, identifying all potential cost variables such as labor, materials, and overheads.
Regularly update cost estimates based on changes in project scope, design, or external factors.

2. Cost Control and Monitoring

Track and monitor actual project costs against budgeted costs to identify variances.
Implement corrective actions to control costs, ensuring projects stay within budget.
Provide timely alerts to management about potential cost overruns or savings opportunities.

3. Cost Analysis and Reporting

Perform detailed cost analysis to determine the reasons for cost variances.
Prepare and submit periodic financial reports on project costs, highlighting key performance indicators (KPIs).
Provide detailed cost breakdowns and forecasts for ongoing and future projects.

4. Tendering and Bidding

Assist in the preparation of tender documents and bid submissions by calculating cost estimates for various projects.
Support the selection of vendors and suppliers by providing cost-effective recommendations based on estimates.
Ensure all tender submissions comply with financial and project specifications.

5. Compliance and Documentation

Ensure all cost-related activities comply with industry regulations, standards, and company policies.
Maintain accurate and organized documentation of cost estimates, budgets, and financial reports for audit and review.

6. Cost Optimization

Continuously look for ways to reduce costs while maintaining quality and project timelines.
Suggest alternative materials or methods that could lead to cost savings without compromising on project standards.

These Role & Responsibility ensure that the Costing Engineer effectively manages the financial aspect of engineering projects, maintaining profitability and cost efficiency.

Preferably worked with Automobile industries and aware of commodities of ( Steel Rubber Plastic )

SR Manager Costing :Automotive

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