Costing Engineer

Advanced Structures India; Jaipur; On-site; INR 558,000 - 893,000; Full time

Job summary

Advanced Structures India Private Limited is seeking a Costing Engineer for a short-term, on-site client engagement in Jaipur. The role focuses on should-cost estimation and VA/VE across automotive components.

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

Qualifications

• Should costing / cost engineering experience required.
• VA/VE or teardown‑based costing experience.
• Strong understanding of manufacturing cost drivers.
• Hands‑on proficiency in Excel (advanced costing).

Responsibilities

• Perform should cost estimation for automotive components.
• Develop detailed cost breakdowns for processes such as: Casting, Forging, Machining; Injection Moulding; Sheet Metal / Fabrication / Stamping; 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.

Skills

Should costing

VA/VE

Excel

Cost analysis

Education

Bachelor’s/Master’s in Eng

Tools

Microsoft Excel

Job description

Advanced Structures India Private Limited 9 months ago

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:
• Casting, Forging, Machining
• Injection Moulding
• Sheet Metal / Fabrication / Stamping
• 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:
• Should costing / cost engineering
• 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
• Work Mode : On-site at client location (Jaipur)
• 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