COSTING ENGINEER

MateCareer; Coimbatore District; On-site; INR 600,000 - 900,000; Full time

Job summary

MateCareer in Coimbatore is seeking a Costing Engineer – Jigs & Fixtures to deliver accurate Should-Cost models for specialized tooling used on electronics assembly lines. You will analyze drawings, estimate material and manufacturing costs, and prepare budgets for complex automation components.

Responsibilities include estimating costs for fabricated parts (Al, SS, Delrin), sourcing price benchmarks for bearings, PLCs, sensors, and wiring; calculating man-hours for assembly; and conducting

Qualifications

• 3–5 years of costing experience in high-precision tooling or electronics assembly.
• Proficient in MS Excel (Macros / Pivot tables) and ERP systems (SAP/Oracle).
• Ability to view and measure parts using CAD software (SolidWorks/AutoCAD).
• Deep understanding of milling, turning, grinding and surface treatments.

Responsibilities

• Estimate costs for metallic and non-metallic parts by material weight and machining cycles.
• Source and benchmark prices for bearings, linear rails, PLCs, sensors, and wiring.
• Estimate man-hours for mechanical assembly, pneumatic plumbing, and electrical wiring.
• Perform make-vs-buy analyses and value engineering to reduce costs.
• Maintain a live database of vendor quotes and historical cost data.

Skills

High attention to detail

Negotiation skills

Cross-functional collaboration

Education

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

Tools

MS Excel (Advanced)

ERP systems (SAP/Oracle)

CAD software (SolidWorks/AutoCAD)

Job description

Role Summary

The Costing Engineer â Jigs & Fixtures is responsible for the end-to-end financial estimation of specialized tooling required for electronic assembly lines. This role involves analyzing technical drawings, calculating manufacturing costs for custom parts, and budgeting for complex automation components. The goal is to provide accurate "Should-Cost" models that ensure high-quality assembly solutions are delivered within budget.

Core Responsibilities

Component & Material Estimation

Fabricated Parts: Calculate costs for metallic (Al, SS) and non-metallic (ESD plastics, Delrin) parts by evaluating material weight, machining cycles (CNC/VMC), and finishing processes.

Bought-Out Items

Source and maintain price benchmarks for:

• Mechanical: Bearings, linear rails, and precision slide ways.
• Pneumatics: Cylinders, DCV valves, and manifold systems.
• Automation: PLCs, sensors (proximity/optical), magnets, and HMI units.
• Electrical: Push buttons, switches, wiring harnesses, and connectors.

Assembly & Validation Costing

• Estimate man-hours for mechanical assembly, pneumatic plumbing, and electrical wiring.
• Factor in costs for fixture testing, calibration, and $Cpk/Ppk$ validation runs.

Strategic Financial Analysis

• Conduct Make vs. Buy analyses for custom fixture components.
• Perform Value Engineering (VA/VE) to suggest lower-cost alternatives for non-critical parts without sacrificing precision or safety.
• Maintain a live database of vendor quotes and historical cost data.

Technical Requirements

• Education: B.E./B.Tech in Mechanical, Mechatronics, or Production Engineering.
• Experience: 3–5 years in costing, specifically within high-precision tooling or electronics assembly.
• Software Proficiency: * Advanced MS Excel (Macro/Pivot tables) and ERP systems (SAP/Oracle).
• Ability to view and measure parts using CAD software (SolidWorks/AutoCAD).
• Process Knowledge: Deep understanding of milling, turning, grinding, and surface treatments.

KEY PERFORMANCE INDICATORS (KPIs)

• Estimation Accuracy: Variance between estimated cost and actual procurement cost.
• Turnaround Time: Speed of providing quotes for new assembly line projects.
• Cost Savings: Success in identifying 5-10 %$ annual savings through Value Engineering.

BEHAVIORAL COMPETENCIES

• High attention to detail (zero-error mindset).
• Strong negotiation skills for dealing with external vendors.
• Ability to collaborate effectively between Design, Procurement, and Finance teams.