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Cost Engineering Manager

1 week ago

Dubai, Dubai, United Arab Emirates NAFFCO FZCO Full time

NAFFCO FZCO is seeking an experienced Costing Engineer to lead our efforts in optimizing production processes and reducing costs in our fire truck manufacturing operations.

Key Responsibilities:
  • Cost Analysis & Estimation: Develop and maintain comprehensive cost models to accurately estimate production costs, including materials, labor, and overheads. Analyze historical data to predict future costs and identify opportunities for cost reduction.
  • Cost Control & Budgeting: Collaborate with cross-functional teams to prepare and manage budgets for manufacturing projects. Monitor project progress to ensure adherence to cost and budgetary constraints. Identify and address any variances from the budget.
  • Production Process Optimization: Conduct thorough analysis of manufacturing processes to identify areas for improvement. Develop and implement strategies to optimize workflows, reduce waste, and enhance productivity. Implement lean manufacturing principles and techniques to improve overall efficiency.
  • Collaboration with Cross-Functional Teams: Work closely with engineering, procurement, and production teams to develop cost-effective production methods. Provide technical support in the design phase to ensure manufacturability and cost-effectiveness of new designs and modifications. Provide input to the procurement team on material selection to balance cost and quality.
  • Reporting & Documentation: Develop and maintain cost tracking and reporting systems to monitor ongoing and completed projects. Prepare detailed cost reports for senior management, highlighting cost trends, potential savings, and areas of concern. Ensure compliance with industry standards, safety regulations, and quality assurance protocols.
  • Continuous Improvement: Foster a culture of continuous improvement by recommending and implementing new technologies, methodologies, and best practices in costing and industrial engineering. Conduct time studies and process simulations to identify efficiency gains. Monitor the impact of process changes on cost and quality, making adjustments as necessary.
Qualifications:
  • Education: Bachelor's degree in Industrial Engineering, Mechanical Engineering, Manufacturing Engineering, or a related field. Additional certifications in Cost Engineering, Project Management, or Lean Manufacturing would be an advantage.
  • Experience: At least 3-5 years of experience in a similar role, preferably in the manufacturing or automotive industry. Experience with fire truck manufacturing or other specialized vehicle production is a plus. Proven experience in costing, budgeting, and process optimization.
  • Skills & Competencies: Strong understanding of cost accounting principles and manufacturing cost structures. Proficiency in CAD software (e.g., AutoCAD, SolidWorks) and ERP systems (e.g., SAP, Oracle). Knowledge of lean manufacturing principles and methodologies. Excellent problem-solving skills and ability to analyze complex production data. Strong communication and interpersonal skills to work effectively with cross-functional teams. Ability to work under pressure and meet tight deadlines.