Costing Engineer

Job description Job Title: Costing Engineer – Should Costing & VA/VE Location: Bangalore Job Overview We are looking for experienced Costing Engineers to be deployed at a client location in Jaipur for a short-term, high-impact engagement. The role focuses on should cost estimation and Value Analysis / Value Engineering (VA/VE) projects across automotive components. The ideal candidate will have hands-on experience in manufacturing cost breakdowns, process-based costing, and cost reduction initiatives, and will be comfortable working directly with client engineering, sourcing, and manufacturing teams.

Key Responsibilities · Perform should cost estimation for automotive components · Develop detailed cost breakdowns for processes such as: Casting, Forging, Machining Injection Moulding Sheet Metal / Fabrication / Stamping PCBs and electro-mechanical assemblies · Execute VA/VE workshops and analyses to identify cost reduction opportunities · Analyse material, process, labour, overhead, tooling, and yield losses as cost drivers · Conduct what-if scenarios and sensitivity analysis to support sourcing and negotiation · Benchmark supplier quotes against should-cost models and highlight gaps · Work closely with client design, sourcing, manufacturing, and quality teams · Document assumptions, methodologies, and findings in structured cost reports · Present cost insights and VA/VE recommendations to client stakeholders Required Qualifications · Bachelor’s/master’s degree in mechanical / electrical / Electronic Engineering · 1 - 3 years of experience in: Should costing / cost engineering VA/VE or teardown-based costing projects · Strong understanding of manufacturing processes and cost drivers · Hands-on proficiency in Microsoft Excel (advanced costing sheets, scenarios) · Ability to work independently at client location with minimal supervision · Strong analytical, problem-solving, and documentation skills · Good communication skills for client-facing interactions Ideal Candidate Profile · Comfortable working in time-bound, delivery-focused projects · Prior experience in automotive or industrial manufacturing environments · Exposure to supplier negotiations, sourcing, or teardown projects is a plus · Strong ownership mindset and attention to details.