Cost Engineer
Skills
About This Role
Main Purpose
Support the Senior Cost Analyst in developing product price lists, preparing costing for customized units, and assisting Sales with all pricing-related requirements.
Coordinate with Engineering, R&D, Production, and Procurement on cost‑reduction and value‑engineering initiatives.
Education
Bachelor’s degree in Mechanical, Electrical, or Industrial Engineering.
Experience
Minimum 1 year in a similar role within a manufacturing environment.
Knowledge & Skills
- Strong ERP system knowledge
- Proficient in data analysis, forecasting tools, and MS Excel
- Effective communication and teamwork skills
- Attention to detail, self‑motivated, and task‑oriented
- High computer literacy
Behaviours
Customer‑focused, results‑oriented, team player, strong time management, effective communicator.
Key Responsibilities
- Assist in developing and auditing product price lists to ensure alignment with catalogues.
- Prepare costing and pricing for customized equipment and special options.
- Support value engineering and value analysis initiatives.
- Review and update price lists based on design, material, and operational cost changes.
- Analyse raw material and component price fluctuations.
- Verify and approve Sales orders in the ERP system.
- Monitor Sales quotations and report pricing discrepancies.
- Audit BOMs and routing data to ensure complete and accurate pricing information.
- Coordinate with Procurement to update component price books.
- Ensure accurate standard costs for all items in ERP LN.
- Maintain documentation and weekly data backups.
- Perform Cost Planner duties when required.
- Execute any additional tasks assigned by management.
- **QHSE & Excellence**
- Comply with all Quality, Health, Safety, and Environmental policies and standards.
- Deliver effective and professional service to all stakeholders.
- Support achievement of departmental objectives and KPIs.
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