Costing Engineer

Fluid And Power Automations; South Goa District, North Goa; On-site; INR 650,000 - 950,000; Full time

Job summary

Fluid And Power Automations in India is seeking a Costing Engineer to drive cost estimates, BOQs, and tender submissions across infrastructure and power distribution projects. You will collaborate with engineering, procurement, and finance teams to ensure accurate costing, robust cost controls, and competitive bidding that supports project profitability.

This role emphasizes data-driven decision making and cross-functional teamwork to deliver value to clients.

Qualifications

• Bachelor's degree in Electrical Engineering or Cost Engineering.
• 4-5 years hands-on experience in cost estimation, tendering, and project budgeting.
• Experience in infrastructure, construction, industrial, or power distribution projects is a plus.

Responsibilities

• Develop detailed and accurate cost estimates based on project specs, electrical designs, and scope documentation.
• Prepare BOQs and submit technical and commercial bid proposals.
• Conduct cost forecasting and cost-benefit analyses to support decisions.
• Coordinate with vendors for quotations and evaluations.
• Track costs and identify variances, overruns, and savings opportunities.
• Prepare costing reports and dashboards for stakeholders.

Skills

Cost estimation

BOQ preparation

Cost modeling

Tendering

Excel

ERP systems

Vendor management

Budgeting

Negotiation

Education

Bachelor's degree in Electrical Engineering

Tools

ERP systems

Costing software

Job description

About Us

At FPA, we are committed to delivering innovative, high-quality engineering solutions across infrastructure, industrial, and power distribution sectors. Our success is driven by precision, collaboration, and a forward-thinking approach to project execution.

We are looking for a dynamic Costing Engineer who thrives in a fast-paced environment and is passionate about driving cost efficiency, competitive bidding, and project profitability.

Role Overview

As a Costing Engineer, you will play a critical role in project planning and commercial success by preparing accurate cost estimates, BOQs, and tender submissions. You will collaborate closely with cross-functional teams to ensure that all costings align with technical specifications, market trends, and business objectives, enabling us to deliver value-driven solutions to our clients.

Key Responsibilities

Cost Estimation & Analysis

• Develop detailed and accurate cost estimates based on project specifications, electrical designs, and scope documentation
• Perform cost modeling, forecasting, and cost-benefit analysis to support decision-making
• Maintain and optimize overhead cost databases for improved cost tracking and allocation
• Leverage tools such as Excel, ERP systems, and costing software for efficient analysis
  

Tendering & Bid Management

• Prepare and submit technical and commercial bid proposals in line with client requirements
• Review and interpret tender documents, contracts, and scope of work
• Analyze historical data to recommend competitive pricing strategies
• Ensure full compliance with industry standards, legal regulations, and client expectations
  

Vendor & Procurement Coordination

• Engage with vendors, suppliers, and subcontractors to obtain competitive quotations
• Conduct technical and commercial evaluations of vendor proposals
• Monitor market trends and material price fluctuations to inform procurement strategies
• Collaborate with procurement teams to anticipate cost escalations and risks
  

Cost Control & Budgeting

• Track project costs by comparing estimated vs. actual expenditures
• Identify cost variances, overruns, and savings opportunities
• Support teams in implementing cost optimization initiatives
• Contribute to financial planning and budget management activities
  

Collaboration & Stakeholder Engagement

• Work closely with engineering, procurement, finance, HR, and project teams
• Participate in project review meetings and strategic discussionsProvide insights to support data-driven decision-making
  

Documentation & Reporting

• Maintain updated records of material costs, labor rates, and subcontractor data
• Prepare comprehensive costing reports, bid summaries, and analysis dashboards
• Present regular updates on cost trends, tender outcomes, and project performance
  

What Were Looking For

Qualifications

• Bachelors degree in Electrical Engineering, Cost Engineering, or a related field
  

Experience

• 4-5 years of hands-on experience in cost estimation, tendering, and project budgeting
• Experience in infrastructure, construction, industrial, or power distribution projects is an advantage
  

Skills & Competencies

• Strong understanding of electrical systems, load calculations, and design principles
• Expertise in BOQ preparation, bid management, and cost modeling
• Knowledge of contract management, risk assessment, and tendering standards
• Advanced proficiency in Excel, ERP systems, and costing tools
• Excellent negotiation, analytical, and vendor management skills
• Ability to manage multiple priorities and meet tight deadlines
• Detail-oriented with a proactive and solution-driven mindset
  

Why Join Us?

• Be part of a high-impact team driving complex engineering projects
• Work in a collaborative and innovation-driven environment
• Gain exposure to diverse, large-scale projects across industries
• Opportunities for professional growth and career advancement