Costing Engineer

Advanced Structures India Private Limited · 2 months ago
Location
Jaipur
Department
Cost Engineering - ASIPL
Employment Type
Contract

Job Title: Costing Engineer – Should Costing & VA/VE (Contract)

Location: Jaipur (Client Site)

Engagement Type: Contract – 6 Months (On-site Deployment)


Job Overview

We are looking for experienced Costing Engineers to be deployed at a client location in Jaipur for a short-term, high-impact engagement. The role focuses on should cost estimation and Value Analysis / Value Engineering (VA/VE) projects across automotive components.


The ideal candidate will have hands-on experience in manufacturing cost breakdowns, process-based costing, and cost reduction initiatives, and will be comfortable working directly with client engineering, sourcing, and manufacturing teams.


Key Responsibilities

· Perform should cost estimation for automotive components

· Develop detailed cost breakdowns for processes such as:

  1. Casting, Forging, Machining
  2. Injection Moulding
  3. Sheet Metal / Fabrication / Stamping
  4. PCBs and electro-mechanical assemblies

· Execute VA/VE workshops and analyses to identify cost reduction opportunities

· Analyse material, process, labour, overhead, tooling, and yield losses as cost drivers

· Conduct what-if scenarios and sensitivity analysis to support sourcing and negotiation

· Benchmark supplier quotes against should-cost models and highlight gaps

· Work closely with client design, sourcing, manufacturing, and quality teams

· Document assumptions, methodologies, and findings in structured cost reports

· Present cost insights and VA/VE recommendations to client stakeholders


Required Qualifications

· Bachelor’s/master’s degree in mechanical / electrical / Electronic Engineering

· 1 - 3 years of experience in:

  1. Should costing / cost engineering
  2. VA/VE or teardown-based costing projects

· Strong understanding of manufacturing processes and cost drivers

· Hands-on proficiency in Microsoft Excel (advanced costing sheets, scenarios)

· Ability to work independently at client location with minimal supervision

· Strong analytical, problem-solving, and documentation skills

· Good communication skills for client-facing interactions


Engagement Details

· Duration: 6 Months

· Work Mode: On-site at client location (Jaipur)

· Start: Immediate / Short notice preferred

· Reporting: ASI project manager with day-to-day coordination with client team


Ideal Candidate Profile

· Comfortable working in time-bound, delivery-focused projects

· Prior experience in automotive or industrial manufacturing environments

· Exposure to supplier negotiations, sourcing, or teardown projects is a plus

· Strong ownership mindset and attention to detail