COSTING ENGINEER — Opportunihub
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COSTING ENGINEER

Larsen & Toubro · Coimbatore South,

At a glance

Type
Job
Organisation
Larsen & Toubro
Location
Coimbatore South,
Work mode
Remote
Deadline
Rolling / not stated
Posted
19 Aug 2026

About this job

<strong>Role Summary<br><br></strong>The <strong>Costing Engineer – Jigs &amp; Fixtures</strong> is responsible for the end-to-end financial estimation of specialized tooling required for electronic assembly lines. This role involves analyzing technical drawings, calculating manufacturing costs for custom parts, and budgeting for complex automation components. The goal is to provide accurate "Should-Cost" models that ensure high-quality assembly solutions are delivered within budget.<br><br><strong>Core Responsibilities<br><br></strong><ul><li> Component &amp; Material Estimation </li><li> Fabricated Parts: Calculate costs for metallic (Al, SS) and non-metallic (ESD plastics, Delrin) parts by evaluating material weight, machining cycles (CNC/VMC), and finishing processes. </li><li> Bought-Out Items: Source and maintain price benchmarks for:</li><ul><li> Mechanical: Bearings, linear rails, and precision slide ways. </li><li> Pneumatics: Cylinders, DCV valves, and manifold systems. </li><li> Automation: PLCs, sensors (proximity/optical), magnets, and HMI units. </li><li> Electrical: Push buttons, switches, wiring harnesses, and connectors. </li></ul><li> Assembly &amp; Validation Costing </li><li> Estimate man-hours for mechanical assembly, pneumatic plumbing, and electrical wiring. </li><li> Factor in costs for fixture testing, calibration, and $Cpk/Ppk$ validation runs. </li><li> Strategic Financial Analysis </li><li> Conduct Make vs. Buy analyses for custom fixture components. </li><li> Perform Value Engineering (VA/VE) to suggest lower-cost alternatives for non-critical parts without sacrificing precision or safety. </li><li> Maintain a live database of vendor quotes and historical cost data. <br></li></ul><strong>Technical Requirements<br><br></strong><ul><li> Education: B.E./B.Tech in Mechanical, Mechatronics, or Production Engineering. </li><li> Experience: 3–5 years in costing, specifically within high-precision tooling or electronics assembly. </li><li> Software Proficiency: * Advanced MS Excel (Macro/Pivot tables) and ERP systems (SAP/Oracle).</li><ul><li> Ability to view and measure parts using CAD software (SolidWorks/AutoCAD). </li></ul><li> Process Knowledge: Deep understanding of milling, turning, grinding, and surface treatments. <br></li></ul><strong> KEY PERFORMANCE INDICATORS (KPIs) <br><br></strong><ul><li> Estimation Accuracy: Variance between estimated cost and actual procurement cost. </li><li> Turnaround Time: Speed of providing quotes for new assembly line projects. </li><li> Cost Savings: Success in identifying 5-10 %$ annual savings through Value Engineering. <br><br></li></ul><strong> BEHAVIORAL COMPETENCIES <br><br></strong><ul><li> High attention to detail (zero-error mindset). </li><li> Strong negotiation skills for dealing with external vendors. </li><li> Ability to collaborate effectively between Design, Procurement, and Finance teams.</li></ul><br/><br/>Please mention the word **ENERGIZE** and tag RMmEwMTo0Zjg6MTQxOjQyMjk6OjI= when applying to show you read the job post completely (#RMmEwMTo0Zjg6MTQxOjQyMjk6OjI=). This is a beta feature to avoid spam applicants. Companies can search these words to find applicants that read this and see they're human.

How to apply

  1. 1 Read the full details above and confirm you meet the eligibility criteria.
  2. 2 Prepare your documents — an updated CV, and any cover letter, proposal or certificates required.
  3. 3 Click Apply on official site to complete your application on Larsen &amp; Toubro’s official page.
  4. 4 Submit as early as possible — many close once filled.
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Frequently asked questions

How do I apply for COSTING ENGINEER?

Review the full details and eligibility on this page, prepare your documents, then use the “Apply on official site” button to complete your application on Larsen &amp; Toubro’s official page.

Is this opportunity remote or location-based?

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