Costing Engineer

ROLES & RESPONSIBILITIES

• Cost Estimation & Analysis

- Conduct "should-cost" analysis to benchmark fair pricing

- Analyze and compare supplier quotes to ensure competitive pricing

- Develop detailed cost models for products based on materials, labor, overhead, and manufacturing processes

- Identify cost-saving opportunities through design improvements, material substitutions, and process optimizations

• Sourcing & Supplier Negotiation

- Source and evaluate suppliers for materials, components, and services

- Negotiate pricing, lead times, and payment terms to achieve cost efficiency

- Request and analyze quotes from suppliers, ensuring compliance with technical and commercial requirements

• Support & Documentation

- Monitor actual costs vs estimated costs and investigate variances

- Support Sales and Business Unit teams in preparing competitive quotations

- Maintain accurate records of cost estimates, supplier quotes, and price trends

SKILLSET(S) REQUIREMENT

· Excellent communication and negotiation skills

· Analytical mindset with strong problem-solving skills

· Experience in supplier sourcing, RFQ processes, and negotiation

· Proficiency in cost estimation tools, Excel, and ERP systems (e.g., BC, SAP) 3+ years of experience in costing, procurement, or manufacturing engineering

· Good knowledge of manufacturing processes and materials (metals, granites, composites, etc.)

ATTRIBUTES

A strong work ethic, dependability and responsibility, possessing a positive attitude, motivated to grow and learn

WORK EXPERIENCE

Preferably with minimum of 3 Years of working experience in Contract Manufacturing (CM)

QUALIFICATIONS

Candidate must possess at least Bachelor's Degree in Engineering and/or any other related technical field of study.