Costing Engineer

About the Company

We are one of India’s leading sofa manufacturers, supplying premium upholstered furniture to

leading furniture retailers across India and international markets. With a strong distribution

network and franchise stores across the country, we are committed to delivering high-quality

products and an excellent customer experience.

We are looking for a Costing Engineer to join our team and take ownership of product costing,

cost estimation, and cost optimization for our upholstered furniture range.

Key Responsibilities

 Prepare accurate product costing for sofas, chairs, recliners, and other upholstered furniture.

 Calculate material, labour, overhead, and manufacturing costs to arrive at the overall product

cost.

 Develop and maintain BOM (Bill of Materials) and costing sheets for new and existing products.

 Estimate consumption of key materials such as fabric, leather, foam, wood, plywood, hardware,

springs, adhesives, and other components.

 Coordinate with Design, Production, Purchase, Quality, and Sales teams to gather accurate

cost inputs.

 Analyze vendor quotations and material prices and incorporate the latest rates into costing.

 Conduct cost variance analysis between estimated and actual production costs.

 Identify opportunities for cost reduction and process optimization without compromising product

quality.

 Review product specifications, drawings, and construction details to assess their impact on cost.

 Support the development and costing of new products and customized furniture.

 Maintain accurate costing databases and ensure timely revision of costs based on changes in

material prices, processes, or specifications.

 Assist in setting appropriate selling prices and margins by providing reliable cost data.

 Monitor wastage, material consumption, and production efficiency to identify cost leakages.

 Prepare regular costing reports and management MIS as required.

Key Skills & Competencies

 Strong understanding of product costing and cost accounting principles.

 Good knowledge of BOM, material consumption, labour costing, overhead allocation, and

variance analysis.

 Understanding of upholstered furniture manufacturing and its components will be an advantage.

 Strong MS Excel skills, including formulas and data analysis.

 Good analytical and numerical skills with strong attention to detail.

 Ability to understand technical drawings, product specifications, and manufacturing processes.