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    Job · 21385745

    MUMBAI · FULLTIME

    Assistant Deputy Manager Costing & Estimation

    Lloyds Steel Industries Ltd.

    Lloyds Steel Industries Ltd.

    Mumbai · onsite · Posted 3d ago

    Sourced fromNaukri
    ₹6.0L - ₹10.0L PA4–9 yrsfulltimeMumbai

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    Section · 01

    About this role

    Role & responsibilities


    Costing & Estimation

    • Review RFQs, tenders, specifications, and customer requirements from Defence

    customers, shipyards, and OEM partners.

    • Prepare detailed cost estimates covering materials, bought-outs, fabrication,

    machining, assembly, testing, logistics, warranty, and overheads.

    • Develop BOMs, cost sheets, and pricing models for new bids, repeat orders, and

    Product Life Support opportunities.

    • Support bid reviews by identifying commercial risks, assumptions, and cost

    drivers.


    Supplier Development & Cost Optimization

    • Source and evaluate supplier quotations through techno-commercial analysis.
    • Develop and maintain a qualified vendor database for mechanical, hydraulic,

    electrical, and marine equipment.

    • Negotiate pricing, delivery schedules, and commercial terms to achieve cost

    competitiveness.

    • Identify localization and alternate sourcing opportunities to reduce costs and

    improve supply resilience.

    Commercial & Post-Award Support

    • Support preparation of commercial proposals, budgetary quotations, and cost

    justifications.

    • Establish project cost baselines and track actual costs against estimates.
    • Assess cost impacts arising from engineering changes, scope variations, and

    customer-driven modifications.

    • Continuously improve costing models using actual project data and lessons

    learned.

    Systems & Governance

    • Maintain standardized costing templates, historical cost databases, and vendor

    rate records.

    • Ensure all estimates are traceable, documented, and audit-ready.
    • Support management with profitability analysis and pricing strategy

    recommendations.

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    Section · 02

    Skills

    Engineering DrawingCost EstimationSupplier EvaluationManufacturing Processcost structuresMechanical EngineeringDAPProcurement

    Section · Company

    About Lloyds Engineering Works Limited

    Lloyds Steel Industries Ltd.

    Lloyds Steel Industries Ltd.

    Industrial Machinery

    250

    employees

    1974

    52 years old

    Mumbai, Maharashtra

    India

    ₹6.4L PA avg

    Avg at Lloyds Engineering Works Limited

    ₹6L – ₹10L PA

    This role

    About

    A diversified manufacturing group specializing in steel products, combining advanced technology and infrastructure to enhance customer service and growth.

    Industries

    Industrial MachineryIron & Steel

    Employee ratings

    10 reviews

    4.3/ 5

    Culture

    3.6

    Career growth

    3.4

    Work-life

    3.7

    Employees rate it well for

    Overall Company43Job Security41

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