Senior Engineer Costing

Ontrack HR Services
📍 Chennai, Tamil Nadu, India 💼 Permanent 🕒 Posted June 04, 2026

Job Description

Seeking an experienced Senior Engineer / Lead - Costing to manage and drive the overall costing function for engineered
products/manufactured components. The role involves ensuring accurate cost estimates, supporting pricing decisions, and improving
profitability through strong cost governance. (leading a small team may be preferred)
Key Responsibilities
 Review and prepare cost estimates for RFQs, tenders, based on IS & Pre-Engg technical inputs.
 Analyse drawings, BOMs, and specifications to build accurate cost models.
 Validate material prices, machining/fabrication hours, overheads, and subcontracting costs.
 Collaborate with Engineering, Production, Procurement, Planning, and Sales.
 Maintain updated costing databases and conduct costvariance and shouldcost analysis.
 Provide pricing insights and support management during negotiations.
 Drive continuous improvement in costing processes and tools.

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Job Details

  • Location Chennai, Tamil Nadu
  • Job Type Permanent
  • Category Engineers
  • Posted Date June 04, 2026
  • Application Deadline July 14, 2026