Cost and Estimation Engineer

Matid Technologies; Zone 7 Ambattur; On-site; INR 600,000 - 900,000; Full time

Job summary

Matid Technologies in Tamil Nadu is seeking a Project Cost Estimator to prepare detailed estimates from drawings, BOQs, and specs. You will analyze material, manpower, and subcontracting costs, coordinating with engineering, procurement, and projects teams to ensure accurate pricing and timely tender support.

The candidate should have hands-on AutoCAD/SolidWorks Inventor experience, 2D/3D modelling skills, and strong MS Office capabilities. SAP knowledge is advantageous.

Qualifications

• Knowledge in AI, as applicable to cost estimation.
• Hands-on with 2D/3D modelling and detailing.
• Experience with AutoCAD and SolidWorks Inventor.
• Proficient MS Office (Excel, PowerPoint, Word).
• SAP knowledge is an added advantage.

Responsibilities

• Understand assemblies and prepare BOM for in-house components.
• Maintain costing register and estimation sheets.
• Develop estimation for subcontract items and materials.
• Obtain vendor quotations and analyze pricing.
• Coordinate with production, procurement, and engineering teams.
• Support tender preparation and cost-saving initiatives.
• Maintain ISO documentation related to costing.
• Get quotes from purchase for accurate costing.
• Prepare benchmark price lists for comparisons.
• Collaborate with teams to estimate labour hours for activities.
• Assist in new product development with cross-functional input.
• Demonstrate strong organizational and time management abilities.

Skills

Strong organizational skills

Time management

Multi-tasking abilities

Analytical and problem-solving skills

Communication skills

Tools

AutoCAD

SolidWorks Inventor

2D & 3D Modelling

MS Office

SAP (optional)

Job description

BRIEF DESCRIPTION

Responsible for preparing and reviewing detailed project cost estimates based on drawings, specifications, BOQs, and project requirements. Analyzes material, manpower, equipment, subcontracting, and overhead costs; obtains and evaluates vendor quotations; and ensures accurate pricing and budgeting. Coordinates with engineering, procurement, projects, and commercial teams, supports tender preparation, identifies cost saving opportunities, and ensures estimates are completed accurately and within required timelines..

KEY RESPONSIBILITIES

• Understanding assembly drawing & prepare the BOM for in house fabricated components.
• Maintaining Costing register
• Objectives for cost Estimation
• Material pricing with respect to market for boughtout items.
• Estimation - sub contract items
• Maintaining ISO documentation
• Preparing estimation sheet in Excel and have minimum excel sheet formula knowledge.
• Getting quote from purchase department for accurate costing
• Preparing benchmark price lists
• Coordinating with production team for understanding labour hours for various manufacturing activities.
• New product development , synergy with all operational team.
• Strong organizational, time management, and multi-tasking abilities.
• Proven analytical and problem-solving skills.
• Ability to work collaboratively and meet tight deadlines.
• Commitment to maintaining high levels of customer satisfaction.
• Excellent communication (verbal & written) and interpersonal skills.

Must have:

• Knowledge in AI respectively.
• Knowledge in 2D & 3D Modelling
• Hands-on experience with AutoCAD, Solidwork Inventor.
• Strong command of MS Office (Excel, PowerPoint, Word)
• Profient in SAP ( optional)