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iQuest Management Consultants Private Limited

Sr Costing Estimation Engineer - IQ/RI/03

6-10 Years
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Job Description

Designation: Sr. Costing & Estimation Engineer

Department: Engineering

Reports to: Manager, Engineering

Education: Graduation in Mechanical Engineering / Production Engineering

Relevant Experience:

•                 6 to 8 years of experience in costing and estimation for Tier II & Tier III suppliers involved in contract manufacturing or part supply to OEMs.

•                 Experience in mid to large-sized manufacturing industries like auto ancillaries, sheet metal products manufacturing, and contract manufacturing for OEMs.

Job Location: Pune

Skills Required:

•       Techno-commercial aptitude

•       Good communication and presentation skills

•       Technical understanding of the manufacturing process        Analytical skills

7.0 Responsibilities:

The Engineer - Costing and Estimation is responsible for:

•       Reviewing enquiries and generating offers for RFQs received from Group companies.

•       Handling RFQs with effective communication with stakeholders.

•       Conducting feasibility checks through CFT reviews and providing inputs for EVA analysis to management.

•       Gathering costing inputs from cross-functional teams.

•       Floating RFQs to local/overseas suppliers using the local/global sourcing team.

•       Performing costing and estimation based on inputs from related functions and third parties.

•       Submitting offers or regret letters to group companies, escalating in case of delays.

•       Maintaining an inquiry log and tracking the status of open RFQs.

•       Preparing MIS reports like Quote-to-order conversion ratio, lost opportunities analysis, and Planned Vs Actual costs. 

Bachelor Of Technology (B.Tech/B.E)

More Info

Job Type:
Industry:
Employment Type:
Open to candidates from:
Indian

About Company

iQuest Consultants are the biggest IT, Telecom, Manufacturing and Engineering and BFSI recruiters in West India, started in 2000, working for clients like Deloitte, IBM, KPMG, E&Y, Goldman Sachs, RBS, Standard Chartered, Tech Mahindra, Cable & Wireless, Samsung, Nokia etc. We work aggressively at Middle, Senior and Top Management levels for the Manufacturing and Engineering Companies like L&T, Hindalco, Finolex, Thermax, M&M, John Deere, Mercedes Benz and many more. Our overseas division works actively for some of the very reputed names in the Gulf like Al Moosa, Al Aqili, BEC, Technip, Al Abbas, ETA, Al Basti, ArchGroup, etc.

Our different teams specialize in different industry verticals and technologies. The Executive Search team works only for VP, Directors and CXO levels across the globe. With 150 recruitment consultants in 9 offices in 6 different cities in India we have a pan India reach and can search out the best talent for our clients from anywhere in the country or abroad.

Job ID: 145526805

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