Lead Costing Engineer - Quotation & Costing

KMWE Malaysia Sdn Bhd; George Town; On-site; MYR 90,000 - 150,000; Full time

Job summary

KMWE Malaysia Sdn Bhd in Penang is seeking an experienced Cost Engineer to lead the Cost Engineering team and own end-to-end RFQ costing for new and existing business opportunities.

You will review BOMs, specifications and supplier quotes, build detailed cost models, and collaborate with Sales, Engineering, Production, Quality and Finance to secure competitive quotations and drive cost-reduction initiatives.

Qualifications

• Bachelor's Degree in Mechanical, Mechatronics, Manufacturing, Industrial Engineering or related discipline; relevant experience considered in lieu of degree.
• Minimum 7 years of relevant experience in cost engineering, manufacturing engineering, quotation, process engineering or commercial costing.

Responsibilities

• Lead and develop the Cost Engineering team to deliver accurate, timely and competitive quotations.
• Manage end-to-end RFQ costing for new and existing business opportunities.
• Review BOMs, engineering drawings, specifications and customer requirements to identify cost drivers and manufacturing requirements.
• Develop detailed cost models covering materials, machining, fabrication, labour, tooling, inspection, subcontracting, logistics, NRE, CAPEX and overheads.
• Determine manufacturing routes, machine selection, cycle times, manpower and inspection requirements.
• Work closely with Sales, Engineering, Production, Quality, Supply Chain, Finance and Program teams to validate quotation assumptions.
• Review supplier and subcontractor quotations and assess material pricing, MOQ, lead time, yield, scrap and exchange-rate assumptions.
• Lead quotation reviews and ensure risks, assumptions, exclusions and commercial requirements are properly documented.
• Analyse estimated versus actual costs and drive corrective actions, cost-down and value-engineering initiatives.
• Support customer negotiations, quotation revisions, product transfers and intercompany costing activities.
• Monitor quotation conversion, margins, cost variances and post-award cost performance.
• Prepare management reports covering RFQ pipeline, quotation lead time, win/loss analysis, margins and cost-reduction achievements.
• KMWE Malaysia Sdn.Bhd. is a contract manufacturer and precision parts supplier which offer total solutions in the engineering and assembly of high quality modules and complete machine systems for the Semiconductor, Medical, Aerospace and Science industry.
• This is a fantastic opportunity for the right candidate to further their career and work in a competitive manufacturing environment. If you are flexible, have a can do attitude and want to make a difference, we would like to hear from you.
• KMWE Malaysia is the headquarters for KMWE Asia with two subsidiaries namely KMWE Precision Sdn Bhd and Leshan KMWE Technology Co., Ltd.

Skills

Cost engineering

Quotation management

Leadership

Negotiation

Advanced Excel

ERP

Power BI

Costing systems

Education

Bachelor's Degree in Mechanical Engineering or related

Tools

ERP

Power BI

Costing System

Excel

Job description

KMWE Malaysia Sdn Bhd in Penang is seeking an experienced Cost Engineer to lead the Cost Engineering team and own end-to-end RFQ costing for new and existing business opportunities.

You will review BOMs, specifications and supplier quotes, build detailed cost models, and collaborate with Sales, Engineering, Production, Quality and Finance to secure competitive quotations and drive cost-reduction initiatives.