Costing Engineer
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Job Description
Job Title: Costing Engineer
Key Responsibilities
Prepare cost estimates and budgets based on product specifications labor materials and other relevant factors.
Analyze manufacturing processes and identify cost-saving opportunities.
Track and review actual costs against estimates and report variances.
Collaborate with engineering procurement production and finance departments to collect and analyze data.
Prepare detailed costing reports for internal use and client presentations.
Assist in setting standard costs for products and update them as necessary.
Conduct profitability analysis for different product lines and suggest pricing strategies.
Support the finance department in audits compliance and reporting.
Maintain documentation of costing records and ensure accuracy and traceability.
Essential Qualifications
Bachelor s Degree in Engineering (Mechanical Industrial Production or related field) or Cost Accounting.
Postgraduate qualifications in Costing or Financial Management (preferred but not mandatory).
Skills Required
Strong analytical and mathematical skills.
Proficiency in costing software (such as SAP Oracle or other ERP systems).
Good understanding of manufacturing processes and cost components.
Advanced skills in MS Excel (pivot tables VLOOKUP etc.).
Strong communication and presentation skills.
Attention to detail and organizational ability.
Ability to work under tight deadlines and multitask.
Employment Type
Full Time
