Project Costing Engineer - Heavy Fabrication

Job Title: Project Costing Engineer – Heavy Fabrication

Department: Projects / Estimation / Costing Location: Chakan, Pune Industry: Heavy Fabrication / Trailer Manufacturing / Structural Steel Fabrication

Job Summary

The Project Costing Engineer will be responsible for preparing accurate cost estimates, project budgets, quotations, and profitability analysis for heavy fabrication and trailer manufacturing projects. The role requires close coordination with Design, Procurement, Production, PPC, Quality, and Finance to ensure cost-effective project execution.

Key Responsibilities

Prepare detailed project cost estimates based on customer drawings, specifications, and BOQs.

Analyze engineering drawings, BOMs, and manufacturing processes.

Estimate material, fabrication, welding, machining, painting, assembly, and logistics costs.

Prepare techno-commercial quotations and tender submissions.

Conduct labor, machine hour, and overhead cost calculations.

Coordinate with Procurement for vendor quotations and raw material pricing.

Monitor project budgets and compare estimated vs. actual project costs.

Perform cost variance analysis and recommend corrective actions.

Support value engineering and cost reduction initiatives.

Develop and maintain standard costing models and databases.

Work closely with Design, Production, PPC, Purchase, and Finance teams throughout the project lifecycle.

Prepare MIS reports related to project costing and profitability.

Qualification

B.E./B.Tech in Mechanical Engineering, Production Engineering, or Industrial Engineering.

Experience

Minimum 10 years of experience in Project Costing, Estimation, or Commercial Engineering in:

Heavy Fabrication

Trailer Manufacturing

Structural Steel Fabrication

Construction Equipment

Industrial Equipment

Pressure Vessel Manufacturing

Required Skills

Strong knowledge of fabrication processes, welding, machining, painting, and assembly.

Expertise in project estimation and manufacturing cost analysis.

Ability to interpret engineering drawings and BOMs.

Knowledge of ERP systems (SAP, ERPNext, Microsoft Dynamics, or similar).

Advanced Microsoft Excel skills.

Strong commercial and analytical abilities.

Excellent communication and coordination skills.

Key Performance Indicators (KPIs)

Cost estimate accuracy (% variance).

Timely submission of quotations.

Project profitability.

Reduction in project cost overruns.

Cost-saving initiatives implemented.

Accuracy of BOM and material costing.

On-time completion of costing activities.

Preferred Candidate Profile

Minimum 10 years of experience in heavy fabrication or trailer manufacturing.

Proven experience in handling high-value fabrication projects.

Strong commercial acumen with exposure to customer quotations and tendering.

Ability to work independently and lead the costing function across multiple projects.

Pay: ₹60,000.00 - ₹65,000.00 per month

Benefits:

Food provided

Health insurance

Provident Fund

Experience:

Project Costing: 10 years (Preferred)

Work Location: In person