Cost Engineer - Associate
BengaluruFull-time5–9 yrsPosted 3 weeks ago
Senior mechanical design role at ExxonMobil in Bengaluru. Needs 5+ years and a B.Tech, B.E. or B.Com.
About the role
The Cost Engineer in Procurement/Sourcing Solutions is responsible for developing accurate and comprehensive cost estimates, delivering business value analyses, and supporting procurement strategies across all project stages—from early concept through booking. The position combines deep cost engineering expertise with strong analytical, financial, and project management skills.
What you'll do
- Cost Engineering & Procurement Support
- Develop accurate cost estimates using industry-standard methodologies (Should-Cost, TCO, indexation models, benchmarking)
- Prepare and present business value opportunities, including cost reduction, cost avoidance, and competitiveness insights
- Perform financial analysis, assessing spend trends, margins, supplier economics, and market movements
- Lead cost engineering analyses and provide recommendations to enhance procurement strategies
What you need
- Financial analysis
- Financial modelling
- Power BI
- SQL
- Costing
- Tableau
Good to have
- Azure