Costing Estimator - Furniture

Job Title: Manager - Furniture Costing Estimator
Location: Pilerne, Goa
Department: Product Development

Role Overview

The Costing Manager will be responsible for leading costing and estimation activities for both standard and custom-designed products/projects. This includes product costing, project cost analysis, budget forecasting, and BOM management while ensuring alignment with production, sales, and procurement functions. The role demands strong analytical skills, cross-functional collaboration, and the ability to deliver accurate cost insights that drive profitability and efficiency.

Key Responsibilities:

Product & Project Costing

• Conduct detailed analysis of product and project costs, including material breakdowns for panel-based and solid wood-based furniture.
• Review client designs, blueprints, technical documents, and project plans to develop accurate cost models, BOQs, and forecasts for new and existing products/projects.
• Prepare and review Bill of Quantities (BOQ) and Bill of Materials (BOM) based on designs, drawings, or photos.
• Calculate and allocate overhead costs using standard methods, ensuring accuracy across products and services.
• Identify potential cost-overrun factors and propose actionable cost-saving solutions.
• Estimate the average cost of materials including solid woods, veneers, laminates, paints, polishes, marbles, metals, and other furniture components.
• Research and analyze material usage, workability, and limitations for production feasibility.
• Conduct market research to stay updated on material innovations, pricing trends, and substitutes.
• Collaborate with design and production teams to ensure cost alignment with client requirements.

Collaboration & Coordination

• Work closely with the Production department to stay updated on manufacturing processes, resource consumption, and cost structures.
• Coordinate across departments to streamline execution and ensure smooth workflows.

BOM & Documentation

• Maintain accurate and up-to-date BOMs for all products, ensuring timely updates for design/material changes.
• Validate material lists provided by the team to prevent shortages or excess procurement.
• Provide procurement teams with precise material requirements for timely purchasing.
• Ensure all team-prepared costings are reviewed and verified for accuracy.
• Maintain detailed records of estimated vs. actual costs for forecasting and historical analysis.

Required Skills & Competencies

• Strong knowledge of furniture materials: solid woods, panels (plywood, MDF, particle board), veneers, laminates, paints, polishes, marbles, and metals.
• Ability to interpret drawings, blueprints, and images for material and cost estimation.
• Proficiency in preparing BOQs, BOMs, and cost models.
• Strong analytical, research, and cost benchmarking skills.
• Excellent attention to detail and numerical accuracy.
• Knowledge of furniture manufacturing processes and cost structures.

Education & Experience

• Bachelor's degree in Business, Marketing, or a related field (MBA preferred).
• Minimum of 5-6 years of experience in furniture costing
• Strong understanding of product costing and manufacturing/production processes.

Skill Set required

• Excellent communication and interpersonal skills.
• Ability to work collaboratively across departments and levels.
• Analytical mindset with proficiency in data analysis tools.
• Strategic thinker with a results-oriented mindset.
• Proficiency in Microsoft Excel and financial modeling.
• Results-driven with a track record of achieving revenue and profitability targets.
• Excellent project management skills and the ability to multitask effectively.
• Strong leadership and interpersonal skills.

Job Types: Full-time, Permanent

Pay: ₹50,000.00 - ₹60,000.00 per month

Benefits:

• Paid time off
• Provident Fund

Work Location: In person