Cable Costing & Estimation - Sr. Executive

Orient Cables

Bhiwadi

On-site

INR 800,000 - 1,100,000

Full time

11 days ago

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Job summary

Orient Cables in India is seeking a Costing & Estimation Executive with 2–8 years of experience in cable or wire manufacturing. You will receive BOMs from Design, prepare detailed cost sheets, and compute final quotations by incorporating raw material costs, labour, overheads, margins, freight, and taxes.

Responsibilities include tracking market rates, applying wastage norms, coordinating with Sales for tender costings, and maintaining costing records.

Qualifications

  • Experience in costing/estimation for cable manufacturing.
  • Strong numerical and commercial acumen.
  • Ability to read BOMs and construction sheets.

Responsibilities

  • Prepare cost sheets for new enquiries, tenders, and products.
  • Track and apply current market rates for inputs in cost calculations.
  • Calculate conversion costs across manufacturing stages and apply overheads.
  • Prepare quotations in coordination with Sales and maintain costing records.

Skills

Costing
MS Excel
Analytical
BOM interpretation

Education

B.E./B.Com/ICWA-CMA

Tools

SAP
Tally

Job description

Role & responsibilities
  • Receive Bill of Materials (BOM) and construction details from the Design team for new enquiries, tenders, and existing products.
  • Prepare detailed cost sheets covering raw material cost (conductor metal, insulation/sheathing compounds, armouring materials, packing materials).
  • Track and apply current market rates for key inputs (e.g., copper/aluminum LME rates, polymer/compound prices) in cost calculations.
  • Calculate conversion costs across manufacturing stages wire drawing, stranding, insulation, armouring, sheathing, testing, and packing — including labour, machine, and power costs.
  • Apply appropriate wastage/scrap norms, overheads, and other applicable cost factors.
  • Add margins, freight, insurance, taxes, and other commercial elements to arrive at the final selling price.
  • Prepare and submit costing sheets and quotations in coordination with the Sales team for customer enquiries and tenders.
  • Perform comparative costing/value engineering analysis for alternate designs (e.g., copper vs aluminum conductor) in coordination with the Design team.
  • Monitor and update standard costing periodically to reflect raw material price movements and process changes.
  • Support budgeting, variance analysis, and profitability analysis for existing product lines.
  • Maintain costing records, rate contracts, and historical costing data for audit and reference purposes.
  • Coordinate with Purchase/Procurement to obtain updated vendor rates for raw materials and bought-out items.
Key Deliverables
  • Accurate and timely cost sheets for new enquiries, tenders, and design changes.
  • Competitive quotations aligned with company margin and pricing policy.
  • Periodic cost/rate updates reflecting raw material and market price changes.
  • Comparative cost analysis reports for value engineering initiatives.
Required Qualifications & Skills
  • Bachelor's degree in Engineering, Commerce, Finance, or Cost Accounting (B.Com / B.E. / ICWA-CMA preferred).
  • Strong understanding of cable manufacturing processes and raw materials.
  • Proficiency in MS Excel and costing/ERP software (e.g., SAP, Tally, or similar systems).
  • Good numerical, analytical, and commercial acumen.
  • Ability to read and interpret technical BOMs and construction sheets provided by the Design team.
  • Attention to detail and ability to work under tight tender/quotation deadlines.
Experience

2–8 years of experience in costing/estimation within a cable or wire manufacturing (or similar process manufacturing) environment (experience range may vary by seniority level — Junior/Senior/Lead Costing Executive).

Key Interfaces
  • Internal: Design Team, Sales & Marketing, Purchase/Procurement, Finance & Accounts, Production.
  • External: Vendors/Suppliers (for rate updates), Customers (via Sales, for tender/quotation clarifications).
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