Estimate Engineer

Role overview

Estimate Engineer at Flowserve

Required qualifications

• The ideal candidate should have a keen eye for detail, strong analytical skills, and the ability to collaborate effectively with all departments and Interco as required.
• 5+ years of experience in project cost estimation in automotive industry and manufacturing/engineering environment.
• + Thorough knowledge of manufacturing processes, routing, material specification and quality requirements.
• + Strong commercial acumen with experience in vendor management and raw material sourcing.
• + Proficiency in cost estimation and scientific analysis tools.
• + Results orientated and organized with the ability to plan and deliver against deadlines
• + Excellent analytical and problem-solving skills.
• + Strong communication and interpersonal skills.
• + Experience of delivering results through cross-functional working
• + Proficient in SAP ERP, Power BI and Microsoft Office- Excel.
• *Req ID** : R-21400
• *Job Family Group** : Engineering
• *Job Family** : EN Engineer - Multifamily
• EOE including Disability/Protected Veterans.
• Flowserve will also not discriminate against an applicant or employee for inquiring about, discussing or disclosing their pay or, in certain circumstances, the pay of their co-workers.
• Pay Transparency Nondiscrimination Provision
• If you are a qualified individual with a disability or a disabled veteran, you have the right to request a reasonable accommodation if you are unable or limited in your ability to use or access flowservecareers.com as result of your disability.
• You can request a reasonable accommodation by sending an email to employment@flowserve.com.
• In order to quickly respond to your request, please use the words "Accommodation Request" as your subject line of your email.
• For more information, read the Accessibility Process.

Preferred qualifications and skills

• *Preferred Experience / Skills:**

Employment details

• Location: Tamil Nadu [IND]

About the employer

• Flowserve is a global manufacturer of pumps, valves, seals, and aftermarket services, delivering comprehensive flow control solutions that support essential industries such as energy, clean water, and pharmaceuticals.
• At Flowserve, we're inspired by what we can achieve together—creating extraordinary flow control solutions that strengthen today's world while building tomorrow.

Additional role details

• Company Overview:
• If you're looking for a culture built on ingenuity, innovation, and excellence, Flowserve offers the opportunity to put your experience in motion.
• Whether you're an individual contributor or a people leader, you'll find meaningful opportunities for professional growth, competitive rewards, and a workplace grounded in our core values: People, Safety, Integrity, Ownership and Ingenuity.
• *Role Summary:**
• This role involves estimating costs associated with manufacturing processes, including materials and labor and other expenses.
• It requires a strong understanding of manufacturing processes, routing, material and technical specifications, and commercial aspects such as vendor capabilities and raw material costs.
• *Responsibilities:**
• + Estimate comprehensive product cost based on materials, Labor and subcontract expenses
• + Review product specifications and requirements, ITP and prepare and update routing for production processes to determine accurate costing.
• + Prepare detailed reports and presentations on cost estimates for stakeholders
• + Review and initiate updation of material standard costs in SAP ERP.
• + Analyze cost data and provide recommendations for cost optimization and manufacturing process improvements to ensure consistency and transparency.
• + Knowledge on additive manufacturing, Casting/Forging, and Machining process will be an added advantage.
• + Implement and monitor cost variance, cost-saving initiatives and best practices.
• + Stay up to date on market trends and fluctuations in the cost of raw materials.
• + Set up cost monitoring and reporting systems and procedures and monitor trends.
• + Prepare actual cost and expenditure statements, reports and other necessary documentation at regular intervals to share with relevant stakeholders.
• + Co-ordinate with supply chain teams to negotiate favorable terms with suppliers.
• + Maintain documentation of all cost estimation activities and data.
• + Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts
• + Degree: Engineering in Mechanical/ Production Engineering.
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