Costing Engineer Casting Forging Machining

We’re Hiring | Senior Costing Engineer – Forging & Machining | Bangalore (Work From Office)

Greetings from Altedge Manufacturing Pvt. Ltd.

Altedge Manufacturing Pvt. Ltd. is a fast-growing component sourcing and manufacturing company specializing in custom metal manufacturing, including forgings and machined components. We partner with India’s MSME manufacturing network to deliver high-quality engineering solutions to global customers across the Infrastructure, Mining, Automotive, and Defence sectors.

Position: Senior Costing Engineer – Forging & Machining

Location: Bangalore

Work Mode: Work From Office

Employment Type: Full-Time

Salary: Competitive (Based on Experience)

Key Responsibilities:

* Prepare accurate cost estimates for ferrous and non-ferrous forgings and machined components.

* Develop cost models for closed-die forging, open forging, bar stock, and machining processes.

* Analyze tooling, machine time, raw materials, labor, overheads, and production costs.

* Collaborate with Design (NPD), Engineering, Procurement, and suppliers to evaluate project feasibility and optimize costs.

* Compare supplier quotations and maintain costing databases, BOMs, and historical cost records.

* Identify cost-saving opportunities through process improvements and supplier negotiations.

* Estimate tooling, die, and equipment costs while evaluating tooling amortization based on production volumes.

Requirements:

* Bachelor’s degree in Mechanical, Metallurgical, Industrial Engineering, Materials Science, or a related field.

* 3–5 years of experience in costing, estimation, or commercial engineering within the forging or manufacturing industry.

* Strong understanding of forging processes, machining operations, material cost structures, and BOM management.

* Experience working with OEMs or forging suppliers for component costing and RFQ analysis.

* Proficiency in Microsoft Excel and data analysis tools.

* Excellent analytical, communication, and problem-solving skills.

Preferred:

* Experience in Automotive, Aerospace, or Heavy Manufacturing industries.

* Exposure to Foundry or New Product Development (NPD) projects.

What You’ll Get:

* Opportunity to work with a fast-growing manufacturing organization serving global customers.

* Exposure to complex engineering and commercial projects.

* Collaborative work environment with excellent career growth opportunities.

Interested?

Share your updated CV at [email protected]

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Pay: ₹500,000.00 - ₹1,500,000.00 per year

Work Location: In person