Costing & Estimation Manager

Industry: Aerospace & Precision Manufacturing

Location: Sriperumbudur, Chennai, Tamilnadu, India.

About TASE

Trusted Aerospace Engineering (TASE) is a global precision manufacturing company with over four decades of industry experience. With manufacturing facilities in the USA, India, and Europe, TASE delivers high-quality engineering and manufacturing solutions to customers worldwide, positioning itself as their trusted Global Precision Manufacturing Technology Partner.

Role Overview

We are seeking an experienced Cost & Estimation Manager to lead customer RFQ evaluations, product costing, quotation management, and cost optimization for aerospace precision-machined components. The role will drive estimation accuracy, pricing competitiveness, margin protection, and continuous improvement through strong collaboration with Sales, Engineering, Manufacturing, Sourcing, and Finance teams.

Key Roles & Responsibilities

1. RFQ & Quotation Management

• Lead end-to-end RFQ evaluation, cost estimation, and timely submission of competitive customer quotations.
• Ensure accurate costing based on technical drawings, specifications, material requirements, machining cycles, and special processes.
• Maintain pricing consistency, cost traceability, and adherence to approval procedures.

2. Costing & Pricing Strategy

• Develop and maintain robust cost models covering raw materials, machining, tooling, subcontracting, overheads, and other manufacturing costs.
• Establish and periodically review machine-hour rates, overhead absorption, and pricing assumptions with Finance.
• Ensure quotations align with manufacturing capabilities, market conditions, and target profit margins.

3. Supplier & Cross-Functional Coordination

• Partner with Sourcing/Purchase to validate supplier quotations, subcontracting costs, and material pricing.
• Collaborate with Sales and Engineering to assess RFQs, evaluate commercial risks, and improve quote-to-order conversion.
• Work closely with Manufacturing to validate cycle times, capacity assumptions, and process costs.

4. Cost Performance & Margin Improvement

• Monitor estimated versus actual costs for awarded parts and programs, identify variances, and drive corrective actions.
• Review manufacturing cost trends, highlight inefficiencies, and recommend actions to protect and improve margins.
• Analyze quotation wins and losses to strengthen pricing accuracy and competitiveness.

5. Continuous Improvement & Cost Reduction

• Support Kaizen and continuous improvement initiatives through data-driven cost analysis.
• Identify opportunities to optimize material utilization, machining cycles, processes, and supplier costs.
• Track and validate cost savings and their impact on profitability.

6. Team Leadership & Capability Development

• Lead, mentor, and develop the costing team to ensure accurate, timely, and consistent RFQ execution.
• Standardize costing methodologies, estimation practices, and ERP discipline.
• Build strong cross-functional collaboration and a culture of cost ownership, accountability, and continuous improvement.

Desired Qualifications & Experience

• Bachelor’s degree in Mechanical Engineering, Production Engineering, or a related discipline; relevant cost accounting or finance qualifications are an advantage.
• Proven experience in cost estimation, product costing, and RFQ management within aerospace, precision machining, or high-precision manufacturing.
• Strong understanding of engineering drawings, machining processes, cycle-time estimation, raw materials, tooling, and special processes.
• Experience in cost modelling, pricing strategy, supplier cost analysis, and margin management.
• Proficiency in ERP systems, Excel-based costing models, and data analysis.
• Strong analytical, negotiation, communication, and team leadership skills.
• Exposure to AS9100 quality systems and aerospace customer requirements is preferred.
• Existing industry relationships in aerospace, aviation, or medical components would be an advantage.

What We Offer

• Competitive compensation with performance-linked incentives.
• Opportunities to work with global customers and advanced precision manufacturing technologies.
• Professional development and career growth opportunities.
• A collaborative, performance-driven work environment.

Ready to make an impact?

Join TASE and play a pivotal role in strengthening pricing competitiveness, driving cost excellence, and supporting profitable growth in the global aerospace and precision manufacturing industry.

Reach out to : [email protected] or Mobile 9840968793