Cost & Estimation Manager

Company Description

RMC Switchgears Limited is a company focused on creating an electrocution-free nation and providing power to all. They specialize in designing and manufacturing enclosures of energy meters, distribution boxes, and panels. The company also undertakes contracts for energy transmission lines and electric substations across the country. Located near Chaksu in Jaipur district, their manufacturing facility ensures quality products with the latest technologies and in-house testing laboratories.

Role Description:

The Cost & Estimation Manager will be responsible for preparing accurate and competitive cost estimates for tenders related to electrical transmission and distribution substations and overhead lines (11kV to 400kV) floated by various state and central utilities. The individual will play a critical role in shaping winning bids by working closely with the engineering, procurement, and business development teams.
Key Responsibilities:
• Study and analyze tender documents including BOQs, technical specifications, drawings, and commercial terms.
• Prepare detailed cost estimations (material, labor, equipment, subcontracting, contingencies) for T&D projects.
• Source and validate quotations from vendors and subcontractors.
• Maintain and update cost databases, price indices, and historical project data.
• Coordinate with design, procurement, and execution teams to validate costing assumptions.
• Participate in techno-commercial meetings and pre-bid discussions as needed.
• Prepare price bids, rate analysis, and comparative statements.
• Support risk analysis and value engineering during bid preparation.
• Ensure timely submission of compliant and competitive tenders.
Required Qualifications & Experience:
• Educational Qualification:
• B.E./B.Tech in Electrical Engineering (preferred) or related field from a recognized university.
• Professional Experience:
• Minimum 3 years of hands-on experience in costing and estimation for electrical EPC projects, specifically in transmission lines and substations (11kV to 400kV), with a reputed EPC or infrastructure company.
• Key Competencies:
• In-depth knowledge of power transmission and distribution systems
• Proficiency in MS Excel, AutoCAD, and estimation software/tools
• Strong vendor network and negotiation skills
• Excellent analytical and problem-solving abilities
• Detail-oriented with strong documentation and organizational skills
• Ability to work under pressure and meet strict deadlines