Cost Engineer

  • Posted on: 25 February 2021
  • Job Title: Cost Engineer
  • Closing Date: 08/12/2023
  • Closing Time: 2:00 pm
  • Reporting To: Senior Manager – Company Accountant

Job Summary

  • Act as customer liaison for receiving cost enquiries, resolving queries and developing cost quotes.
  • Analyse product drawings and other documentation to prepare time, cost, materials, overheads and labour costs to incorporate into estimates.
  • Consult with personnel in other departments e.g. manufacturing, programming, sales and purchasing, to discuss and formulate estimates, address influencing factors, understand and implement changes/adjustments to cost estimates.
  • Establish material quantities and ensure Bills of Materials (BOM) are accurate, up-to-date and reflect current manufacturing practices.
  • Develop standard costs for high volume products and ensure timely response to customer enquiries.
  • Develop and agree effective estimating methodologies and synthetics.
  • Assess cost effectiveness of products or services, by tracking actual costs relative to estimates.
  • Maintain cost monitoring and reporting systems and procedures with a focus on cost savings where possible.
  • Liaise with the Customer Account Managers, sales & production to ensure order quotes are provided timely to the customer and that production are able to meet the delivery schedule.
  • Work collaboratively with the customer to meet urgent requirements e.g. breakdowns and communicate with the Quality Engineer regarding any customer complaints.
  • Any other duties, within reason and capability, as agreed with the Senior Managers / Managing Directors.

Day Shift Shift Hours:

  • Monday – Thursday 8:00am – 5:00pm
  • Friday 8:00am – 2:00pm

Person Specification

  • Educated to minimum HNC/HND standard or 2 years relevant experience.
  • A background in engineering/manufacturing.
Relevant Experience / Knowledge
  • Recent experience in estimating/cost engineering, minimum of 2 years.
  • A sound appreciation of manufacturing processes.
  • Relevant production life cycle experience.
Skills and Competencies
  • Exceptional communication skills, verbal and written.
  • Strong analytical, problem solving and decision making skills.
  • Able to assimilate facts from a range of sources.
  • Effective time management skills and ability to achieve results.
  • Proficient in the use of MS Office Packages
  • Demonstrated ability to formulate partnerships with customers.

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