Cost and Estimation Engineer

TalentRouters; Chennai District; On-site; INR 300,000 - 500,000; Full time

Job summary

A manufacturing consultancy is seeking a detail-oriented Cost Engineer based in Chennai. This role requires managing project costs, preparing budgets, and supporting data-driven decisions. Candidates should have a Bachelor's degree in Mechanical Engineering, along with strong analytical and communication skills. The position offers full-time employment for entry-level professionals.

Qualifications

• 1+ years of experience in cost engineering or project controls.
• Experience in Sheet Metal is required.
• Preferred background in the elevator industry.

Responsibilities

• Develop and maintain project cost estimates and budgets.
• Monitor and analyze project expenditures.
• Identify cost-saving opportunities.

Skills

Analytical skills

Numerical skills

Communication skills

Excel proficiency

Education

Bachelor’s degree in Mechanical Engineering

Tools

Cost management software

Job description

Experience 1 + years in Costing is a must

Job Description:

We are seeking a detail‑oriented Cost Engineer to manage and control project costs throughout all phases for one of our manufacturing clients based out of Chennai. The role involves preparing cost estimates, budgets, and forecasts, monitoring expenses, analyzing variances, and ensuring projects remain financially efficient. The ideal candidate will collaborate with project managers, procurement, and finance teams to optimize resource allocation and support data‑driven decision‑making.

Key Responsibilities:

• Develop and maintain project cost estimates, budgets, and financial reports
• Monitor and analyze project expenditures and cost performance
• Identify cost‑saving opportunities and assess financial risks
• Prepare cost forecasts and variance reports
• Support project planning, scheduling, and procurement activities

Requirements:

• Bachelor’s degree in Mechanical Engineering
• Experience in Sheet Metal
• Proven experience in cost engineering or project controls
• Experience in the elevator industry preferred
• Strong analytical and numerical skills
• Proficiency in cost management software and MS Excel
• Excellent communication and reporting skills

Seniority level

Entry level

Employment type

Full‑time

Job function

Management and Manufacturing

Industries

IT Services and IT Consulting