Costing Engineer

KMWE; Bayan Lepas; On-site; MYR 150,000 - 200,000; Full time

Job summary

A leading manufacturing company in Bayan Lepas, Malaysia is seeking a Cost Engineer to generate detailed costing sheets for RFQs. The role involves reviewing technical requirements, collaborating with sourcing, production, and engineering teams, and communicating with customers on technical issues. Candidates should have a Bachelor's degree in Engineering or relevant experience, with strong analytical skills, Microsoft Excel proficiency, and the ability to interpret technical drawings.

Qualifications

• Bachelor’s degree or 2+ years in cost engineering or equivalent experience.
• Ability to interpret technical drawings and assess cost implications.
• Must have strong attention to detail and analytical capabilities.

Responsibilities

• Generate detailed costing sheets for new RFQs.
• Review RFQs and analyze technical requirements.
• Collaborate with various teams to ensure project feasibility.
• Communicate with customers regarding technical issues.
• Assist cost engineering manager with costing activities.

Skills

Geometric Dimensioning and Tolerancing (GD&T)

MS Excel proficiency

Analytical skills

Attention to detail

Communication skills

Negotiation skills

Education

Bachelor's Degree in Mechanical, Mechatronic or Manufacturing Engineering

Job description

• Responsible to generate detailed and accurate costing sheets for new RFQs, including materials, labour, test, SG&A, equipment, NRE and overhead costs, incorporating pricing from suppliers and subcontractors to ensure costing sheets reflect realistic and competitive pricing.
• Review and analyze new RFQs to assess technical requirements, scope and specifications to evaluate the feasibility of executing the project based on the company’s capabilities, resources and capacity.
• Collaborate with sourcing, production, engineering and sales teams to determine whether the company can meet the technical, timeline and pricing requirements.
• Interpret and analyze Bills of Materials (BOM), engineering drawings and technical specifications to understand project requirements.
• Communicate with customers to address any discrepancies or technical issues related to drawings, specifications and build requirements promptly.
• Provide proposals, clearly define and describe deviation from customer request in the costing sheet. Document and track resolutions of technical issues, ensuring all changes are reflected in costing.
• Collaborate with internal teams in cost-down initiatives by identifying opportunities to reduce costs without compromising quality or performance.
• Liaise with sourcing department to discuss with suppliers on technical related matters during costing preparation.
• Calculate and follow-up on cycle time, strategies and methods used to produce parts when the results are not achieved and implement corrective action.
• Review and evaluate customer feedback on submitted quotations and identify requested changes and adjustments.
• Cooperate with KMWE Netherlands for potential module transfer cost.
• Assist the cost engineering manager for costing related activities.

Job Requirement

Bachelor’s Degree in Mechanical, Mechatronic or Manufacturing Engineering; or 2 years or more of related experience and training in cost engineering; or equivalent combination of education and experience.

• Familiarity with Geometric Dimensioning and Tolerancing (GD&T)) to accurately interpret technical drawings, assess cost implications and communicate effectively with engineering teams.
• Ability to read, understand and interpret work orders, blueprints or technical drawings and welding symbols.
• Proficiency in MS Excel.
• Strong analytical skills and attention to detail.
• Independent and able to work collaboratively across teams and departments.
• Good communication and negotiation skills.