Costing Executive

Orient Cables; Bhiwadi; On-site; INR 600,000 - 1,200,000; Full time

Job summary

Orient Cables in India requires a Costing/Estimation professional to prepare detailed cost sheets for BOMs and tenders. You will track market rates for inputs, compute conversion costs across drawing, insulation, armor, and packing, and apply overheads to finalize selling prices.

The role demands strong numerical and analytical skills, BOM literacy, and proficiency with MS Excel and ERP systems like SAP or Tally. Collaboration with Design, Sales and Procurement is essential.

Qualifications

• Bachelor's degree in Engineering, Commerce or cost accounting related field.
• Strong understanding of cable manufacturing processes and raw materials.
• Proficiency in MS Excel and costing/ERP software (e.g., SAP, Tally).
• Good numerical, analytical and commercial acumen.
• Ability to read and interpret technical BOMs and construction sheets.

Responsibilities

• Prepare detailed cost sheets for BOMs, materials, and construction details.
• Track current market rates for inputs and incorporate into cost calculations.
• Calculate conversion costs across manufacturing stages and overheads.
• Add margins, freight, insurance, taxes, and other elements to final price.
• Prepare costing sheets and quotations in coordination with Sales for tenders.
• Perform cost/value analyses for alternate designs and update costing records.

Skills

Numerical skills

Analytical thinking

Commercial acumen

Reading BOMs

Attention to detail

Education

Bachelor's degree in Engineering

Bachelor's degree in Commerce

Cost accounting (ICWA/CMA)

Tools

MS Excel

SAP

Tally

Job description

Role & responsibilities

• Receive Bill of Materials (BOM) and construction details from the Design team for new enquiries, tenders, and existing products.
• Prepare detailed cost sheets covering raw material cost (conductor metal, insulation/sheathing compounds, armoring materials, packing materials).
• Track and apply current market rates for key inputs (e.g., copper/aluminum LME rates, polymer/compound prices) in cost calculations.
• Calculate conversion costs across manufacturing stages wire drawing, stranding, insulation, armoring, sheathing, testing, and packing including labor, machine, and power costs.
• Apply appropriate wastage/scrap norms, overheads, and other applicable cost factors.
• Add margins, freight, insurance, taxes, and other commercial elements to arrive at the final selling price.
• Prepare and submit costing sheets and quotations in coordination with the Sales team for customer enquiries and tenders.
• Perform comparative costing/value engineering analysis for alternate designs (e.g., copper vs aluminum conductor) in coordination with the Design team.
• Monitor and update standard costing periodically to reflect raw material price movements and process changes.
• Support budgeting, variance analysis, and profitability analysis for existing product lines.
• Maintain costing records, rate contracts, and historical costing data for audit and reference purposes.
• Coordinate with Purchase/Procurement to obtain updated vendor rates for raw materials and bought-out items.

Key Deliverables

• Accurate and timely cost sheets for new enquiries, tenders, and design changes.
• Competitive quotations aligned with company margin and pricing policy.
• Periodic cost/rate updates reflecting raw material and market price changes.
• Comparative cost analysis reports for value engineering initiatives.

Required Qualifications & Skills

• Bachelor's degree in Engineering, Commerce, Finance, or Cost Accounting (B.Com / B.E. / ICWA-CMA preferred).
• Strong understanding of cable manufacturing processes and raw materials.
• Proficiency in MS Excel and costing/ERP software (e.g., SAP, Tally, or similar systems).
• Good numerical, analytical, and commercial acumen.
• Ability to read and interpret technical BOMs and construction sheets provided by the Design team.
• Attention to detail and ability to work under tight tender/quotation deadlines.

Experience

4-8 years of experience in costing/estimation within a cable or wire manufacturing (or similar process manufacturing) environment (experience range may vary by seniority level Junior/Senior/Lead Costing Executive).

Key Interfaces

• Internal: Design Team, Sales & Marketing, Purchase/Procurement, Finance & Accounts, Production.
• External: Vendors/Suppliers (for rate updates), Customers (via Sales, for tender/quotation clarifications).