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SKF Group in Bengaluru, India, invites applications for the role of Project Engineer - Costing and Feasibility Study. The position focuses on ROM-based pre-costing for CapEx/OpEx and technical evaluation to ensure design constructability.
Reporting to the Head of Services - ISEA, you will model cash flows, support proposal preparation, and ensure compliance while collaborating with cross-functional teams. A BE in Mechanical or Electrical Engineering with 5–7 years' PM experience is required.
SKF started its operations in India in 1923. Today, SKF provides industry leading automotive and industrial engineered solutions through its five technology-centric platforms: bearings and units, seals, mechatronics, lubrication solutions and services. Over the years the company has evolved from being a pioneer ball bearing manufacturing company to a knowledge-driven engineering company helping customers achieve sustainable and competitive business excellence.
SKF's solutions provide sustainable ways for companies across the automotive and industrial sectors to achieve breakthroughs in friction reduction, energy efficiency, and equipment longevity and reliability. With a strong commitment to research-based innovation, SKF India offers customized value-added solutions that integrate all its five technology platforms.
SKF Purpose Statement
Together, we re-imagine rotation for a better tomorrow.
By creating intelligent and clean solutions for people and the planet
Position Title: Project Engineer - Costing and Feasibility Study
Reports To: Head of Services - ISEA
Role Type: Individual Contribution
Pre-Costing & Budgeting : Develop rough-order-of-magnitude (ROM) and conceptual capital expenditure (CapEx) and operational expenditure (OpEx) estimates.
Technical Evaluation : Assess site conditions, technology options, and infrastructure capacity to ensure design constructability.
Risk & Compliance Mapping : Identify engineering bottlenecks, regulatory constraints, and local zoning laws.
Financial Modeling: Support the creation of cash flow projections, return on investment (ROI) forecasts, and break-even points.
Support Sales : Coordinate with service sales teams in ISEAM to ensure proposal preparation are ready for submission on-time.
Administrative Management
Prepare pre costing and feasibility study for Projects / Large Projects
Handle documentation, reports, and correspondence related to service operations.
Collaborate effectively with internal teams, demonstrating strong teamwork and relationship-building in alignment with SKF’s core values.
Assist in preparing proposals, quotations, and customer documentation as needed.
Assist in internal and external audits related to operations and administration.
Bachelor’s degree in Mechanical or Electrical Engineer or related field.
5-7 years of experience in project management (preferably in manufacturing industries such as Oil and Gas, Energy, Heavy Industry)
Strong organizational, coordination, and multitasking skills.
High level of integrity, reliability, and accountability
Excellent communication and problem-solving abilities.
Proficiency in Microsoft Office Suite and familiarity with ERP or CRM systems
Experience working with ServiceMax and SAP Sales & Distribution modules will be advantageous.
Strong analytical and service mindset and attention to detail.
SKF has been around for more than a century and today we are one of the world’s largest global suppliers of bearings and supporting solutions for rotating equipment. With more than 40,000 employees in around 130 countries, we are truly global. Our products are found everywhere in society. In fact, wherever there is movement, SKF's solutions might be at work. This means that we are an important part of the everyday lives of people and companies around the world. See more, at www.skf.com.