About the role
- Review inquiries received from project and sales teams and prepare detailed cost analysis reports.
- Develop and provide accurate costing information for project-based requirements.
- Maintain and update standard costs for products and components.
- Monitor and update costing data in business systems based on raw material price changes and market trends.
- Estimate costs for new products and support the creation of standard costing structures.
- Compare booked order costs against approved costing and standard cost benchmarks to help ensure profitable business outcomes.
- Partner with finance and operations teams to complete annual standard costing exercises.
- Analyze cost drivers and identify opportunities for process and cost optimization.
- Support cross-functional teams with cost-related insights for business planning and decision-making.
- Maintain accurate costing records and ensure compliance with established processes and guidelines.
- Bachelor's degree in Mechanical Engineering or a related technical field, or equivalent relevant experience.
- Experience in product costing, estimation, manufacturing, engineering, or a related function within an industrial environment.
- Knowledge of manufacturing processes, materials, and cost structures.
- Understanding of raw materials commonly used in the valve industry, including castings, forgings, carbon steel, stainless steel, and high-alloy materials.
- Familiarity with product and project cost estimation methodologies.
- Knowledge of quality requirements, inspection processes, material testing, and product validation practices.
- Understanding of import procedures, logistics, and duty calculations.
- Proficiency in Microsoft Excel and other business productivity tools.
- Experience working with ERP systems and maintaining costing data.
- Strong analytical, problem-solving, and decision-making capabilities.
- Attention to detail and a commitment to accuracy.
- Effective verbal and written communication skills.
- Ability to work collaboratively across functions and build positive working relationships.
- Experience within the valve, flow control, process automation, or industrial manufacturing industry.
- Knowledge of machining cost estimation and manufacturing cost analysis.
- Exposure to standard costing, cost accounting, or financial analysis processes.
- Experience supporting new product introduction and product lifecycle costing activities.
- Ability to identify cost-saving opportunities while maintaining quality and customer requirements.
- Demonstrated leadership or project coordination experience in cross-functional environments.