Job Description

Cost Engineer - Sourcing/ProjectsMagellan Aerospace is a global, integrated aerospace company that provides complex assemblies and systems solutions to aircraft and engine manufacturers, and defence and space agencies worldwide. At Magellan we have over 80 years of collective knowledge and experience in the aerospace industry, and believe one truth: People create value.Employees are our greatest resource in working towards a successful future, and together we build professional relationships that thrive. We know that personal development is fundamental to the success of every individual and invest in our employees.When you are part of Magellan, you are part of the team!Position SummaryMagellan Aerospace, Bangalore has an exciting opportunity for a Cost Engineer - Sourcing/Projects, This position works closely with the Manufacturing Engineering, Business Development, SCM & costing team. Should be able to work hands on in the area of part estimation and should be able to manage estimation team & should have Extensive Knowledge on Aerospace ManufacturingEssential Responsibilities

• Define the project scope, time period, phases to be estimated, communication channels, and establish any boundaries for estimates or project requirements.
• Provide documentation for each cost element, indicating sources of data, assumptions used and any other methodology or analysis.
• Obtain Quotation for Raw material, Treatment & Bought Parts to the customer approved Sources.
• Negotiate with Suppliers by preparing Quote analysis and obtain best quote.
• Ensure that all expected costs have been properly presented to Customer for Review/Approval/Acceptance of the estimate.
• Finalize the cost estimate. Maintain all files, data related to this project.
• Preparing cost data for proposals and contract negotiations.
• Follow the Estimating life0cycle in accordance with prescribed standards and procedures.
• Establish quote priorities based on evaluation and analysis of overall opportunities.
• Develop and implement requirements for cost recording, reporting, and analyzing standards, programs, and reports. Performs performance monitoring and control functions for specific.

Position Requirements

• Educational Qualification: BBA/MBA in Manufacturing Sector Preferable Aerospace.
• Years Of Experience (Min. & Max.): Minimum 03-04 years is Costing of CNC machining preferably in Aerospace Industry
• He/ She should have knowledge & experience of various metal cutting processes like - Turning, Milling, Drilling, boring, slitting etc.
• Knowledge of industry standards, i.e ASME Y14.5, and customer, preferably Boeing and Airbus, PWC & Collins Aerospace requirements.

• Extensive Knowledge on Aerospace Manufacturing.
• Should have Experience in Handling Team.

Why Magellan?

• Competitive salary
• Positive work-life balance
• Excellent career progression opportunities
• Group Medical Insurance
• Group Accidental Insurance
• Group Term Life Insurance
• Employee Provident Fund and Gratuity

COVID-19 Protocol:Magellan Aerospace is committed to providing a safe and healthy work environment for our employees. Magellan supports public health COVID-19 guidelines and encourages employees to get vaccinated. Although mandates are not a requirement at Magellan, this may be subject to change and offers of employment may be contingent on vaccination status with respect to changes in legislation.ConfidentialityMagellan Aerospace respects the privacy and confidentiality of personal information provided by candidates and shall not disclose to any external parties unless legislated.Magellan Aerospace is committed to an inclusive working environment and equal opportunities for all. We welcome all applications without regard to social and cultural background, age, gender, disability, sexual orientation, national origin or religious belief, status as a protected veteran, or any other characteristic protected by applicable federal, state, or local law)

Magellan Aerospace