Estimate Engineer

Flowserve Corporation; Tamil Nadu; On-site; INR 1,000,000 - 1,800,000; Full time

Job summary

Flowserve Corporation is seeking an experienced Cost Estimator to join our manufacturing team in Tamil Nadu. The role focuses on estimating costs across materials, labor, and subcontracting, with a need to review specifications, update routings, and deliver precise cost reports for stakeholders.

The ideal candidate brings 5+ years in project cost estimation within automotive/manufacturing settings, plus strong analytical, vendor-management, and cross-functional collaboration skills.

Qualifications

• Bachelor's or higher in Mechanical/Production Engineering or equivalent.
• 5+ years cost estimation experience in automotive/manufacturing environments.
• Good grasp of manufacturing processes, routing, material specs, and quality requirements.
• Strong commercial acumen with vendor management and raw material sourcing.
• Proficient in cost estimation and data analysis tools.
• Solid communication and cross-functional teamwork abilities.

Responsibilities

• Estimate product cost based on materials, labor, and subcontract expenses.
• Review specifications and update routing for accurate costing.
• Prepare detailed cost reports and presentations for stakeholders.
• Update material standard costs in SAP ERP.
• Analyze cost data and recommend process improvements.
• Monitor cost variance and lead cost-saving initiatives.
• Coordinate with supply chain to negotiate favorable supplier terms.
• Document all cost estimation activities and data.

Skills

Analytical skills

Communication

Problem-solving

Cross-functional collaboration

Education

Engineering in Mechanical/Production Engineering

Tools

SAP ERP

Power BI

Microsoft Excel

Job description

Company Overview

Flowserve is a global manufacturer of pumps, valves, seals, and aftermarket services, delivering comprehensive flow control solutions that support essential industries such as energy, clean water, and pharmaceuticals. If you're looking for a culture built on ingenuity, innovation, and excellence, Flowserve offers the opportunity to put your experience in motion. Whether you're an individual contributor or a people leader, you'll find meaningful opportunities for professional growth, competitive rewards, and a workplace grounded in our core values: People, Safety, Integrity, Ownership and Ingenuity. At Flowserve, we're inspired by what we can achieve together—creating extraordinary flow control solutions that strengthen today's world while building tomorrow.

Role Summary

This role involves estimating costs associated with manufacturing processes, including materials and labor and other expenses. It requires a strong understanding of manufacturing processes, routing, material and technical specifications, and commercial aspects such as vendor capabilities and raw material costs. The ideal candidate should have a keen eye for detail, strong analytical skills, and the ability to collaborate effectively with all departments and Interco as required.

Responsibilities

• Estimate comprehensive product cost based on materials, Labor and subcontract expenses
• Review product specifications and requirements, ITP and prepare and update routing for production processes to determine accurate costing.
• Prepare detailed reports and presentations on cost estimates for stakeholders
• Review and initiate updation of material standard costs in SAP ERP.
• Analyze cost data and provide recommendations for cost optimization and manufacturing process improvements to ensure consistency and transparency.
• Knowledge on additive manufacturing, Casting/Forging, and Machining process will be an added advantage.
• Implement and monitor cost variance, cost-saving initiatives and best practices.
• Stay up to date on market trends and fluctuations in the cost of raw materials.
• Set up cost monitoring and reporting systems and procedures and monitor trends.
• Prepare actual cost and expenditure statements, reports and other necessary documentation at regular intervals to share with relevant stakeholders.
• Co-ordinate with supply chain teams to negotiate favorable terms with suppliers.
• Maintain documentation of all cost estimation activities and data.
• Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts

Preferred Experience / Skills

• Degree: Engineering in Mechanical/ Production Engineering.
• Experience: 5+ years of experience in project cost estimation in automotive industry and manufacturing/engineering environment.
• Thorough knowledge of manufacturing processes, routing, material specification and quality requirements.
• Strong commercial acumen with experience in vendor management and raw material sourcing.
• Proficiency in cost estimation and scientific analysis tools.
• Results orientated and organized with the ability to plan and deliver against deadlines
• Excellent analytical and problem-solving skills.
• Strong communication and interpersonal skills.
• Experience of delivering results through cross-functional working
• Proficient in SAP ERP, Power BI and Microsoft Office- Excel.

Req ID : R-21400

Job Family Group : Engineering

Job Family : EN Engineer - Multifamily

EOE including Disability/Protected Veterans. Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers. Pay Transparency Nondiscrimination Provision

If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability. You can request a reasonable accommodation by sending an email to [e-mail]. In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email. For more information, read the Accessibility Process.