Pricing Analyst / Costing Engineer

Emerson; Talegaon Dabhade; Sur place; INR 600 000 - 850 000; Plein temps

Résumé du poste

Emerson in Maharashtra, India, is seeking a Costing Engineer to support product and project costing activities, develop cost models, maintain standard costing data, and contribute to continuous improvement initiatives. You will collaborate with commercial, operations, finance, and project teams to develop accurate cost estimates, sustain margins, and enable informed business decisions.

The role emphasizes analytical rigor, cross-functional collaboration, and adherence to costing processes to

Qualifications

• Bachelor's degree in Mechanical Engineering or related field; equiv. experience accepted.
• Experience in product costing, estimation, manufacturing, or related function.
• Knowledge of manufacturing processes, materials, and cost structures.
• Familiarity with cost estimation methodologies and ERP systems.

Responsabilités

• Review inquiries and prepare detailed cost analysis reports.
• Develop accurate costing information for project-based requirements.
• Maintain and update standard costs for products and components.
• Monitor costing data in systems based on material price changes and trends.
• Estimate costs for new products and support standard costing structures.
• Compare booked costs against benchmarks to ensure profitability.
• Partner with finance and operations to complete annual costing exercises.
• Analyze cost drivers and identify opportunities for optimization.
• Support cross-functional teams with cost-related insights for planning.
• Maintain costing records and ensure process compliance.

Connaissances

Analytical ability

Problem solving

Decision making

Collaboration

Attention to detail

Formation

Bachelor's degree in Mechanical Engineering or related field

Outils

Excel

ERP systems

Description du poste

Job Summary:

If you are a Costing Engineer professional looking for an opportunity to grow your career, Emerson has an exciting opportunity for you. In this role, you will support product and project costing activities, helping ensure accurate cost estimates, sustainable margins, and informed business decisions. You will collaborate closely with commercial, operations, finance, and project teams to develop cost models, maintain standard costing data, and contribute to continuous improvement initiatives that enhance operational excellence and customer value.

In This Role, Your Responsibilities Will Be:

• Review inquiries received from project and sales teams and prepare detailed cost analysis reports.
• Develop and provide accurate costing information for project-based requirements.
• Maintain and update standard costs for products and components.
• Monitor and update costing data in business systems based on raw material price changes and market trends.
• Estimate costs for new products and support the creation of standard costing structures.
• Compare booked order costs against approved costing and standard cost benchmarks to help ensure profitable business outcomes.
• Partner with finance and operations teams to complete annual standard costing exercises.
• Analyze cost drivers and identify opportunities for process and cost optimization.
• Support cross-functional teams with cost-related insights for business planning and decision-making.
• Maintain accurate costing records and ensure compliance with established processes and guidelines.

Who You Are:

You build partnerships and work collaboratively with others to meet shared objectives. You make quality decisions in a timely manner, sometimes with incomplete information and under tight deadlines. You gain the trust and support of others through honesty, integrity, and authenticity. You analyze complex information, identify key insights, and use sound judgment to solve problems and improve business outcomes.

For This Role, You Will Need:

• Bachelor's degree in Mechanical Engineering or a related technical field, or equivalent relevant experience.
• Experience in product costing, estimation, manufacturing, engineering, or a related function within an industrial environment.
• Knowledge of manufacturing processes, materials, and cost structures.
• Understanding of raw materials commonly used in the valve industry, including castings, forgings, carbon steel, stainless steel, and high-alloy materials.
• Familiarity with product and project cost estimation methodologies.
• Knowledge of quality requirements, inspection processes, material testing, and product validation practices.
• Understanding of import procedures, logistics, and duty calculations.
• Proficiency in Microsoft Excel and other business productivity tools.
• Experience working with ERP systems and maintaining costing data.
• Strong analytical, problem-solving, and decision-making capabilities.
• Attention to detail and a commitment to accuracy.
• Effective verbal and written communication skills.
• Ability to work collaboratively across functions and build positive working relationships.

Preferred Qualifications That Set You Apart:

• Experience within the valve, flow control, process automation, or industrial manufacturing industry.
• Knowledge of machining cost estimation and manufacturing cost analysis.
• Exposure to standard costing, cost accounting, or financial analysis processes.
• Experience supporting new product introduction and product lifecycle costing activities.
• Ability to identify cost-saving opportunities while maintaining quality and customer requirements.
• Demonstrated leadership or project coordination experience in cross-functional environments.

Our Culture and Commitment To You:

At Emerson, we prioritize a workplace where every employee is valued, respected, and empowered to grow. We foster an environment that encourages innovation, collaboration, and diverse perspectivesbecause we know that great ideas come from great teams. Our commitment to ongoing career development and growing an inclusive culture ensures you have the support to thrive. Whether through mentorship, training, or leadership opportunities, we invest in your success so you can make a lasting impact. We believe diverse teams working together are key to driving growth and delivering business results.At Emerson, we are guided by our values of innovation, integrity, collaboration, and inclusion. We welcome individuals with diverse experiences, backgrounds, and perspectives and encourage candidates who meet many, but not necessarily all, of the qualifications to apply. We are committed to creating an environment where everyone can contribute, grow, and succeed while helping deliver solutions that make a meaningful impact for our customers and communities.