Cost Engineer Specialist

1 week ago


New Brighton, Minnesota, United States Fives Full time

**About the Role:**

We are looking for an experienced Cost Engineer Specialist to join our team at Fives. The successful candidate will be responsible for providing accurate cost estimates for manufacturing projects and working closely with project managers, engineers, and other stakeholders.

The ideal candidate will have a strong background in engineering and manufacturing processes, with attention to detail. They will be responsible for evaluating project requirements, analyzing engineering drawings, parts lists, specifications, and creating a bill of material along with estimating labor and non-recurring engineering costs.

Responsibilities:

  • Evaluate project requirements and analyze engineering drawings, specifications, and other project documentation to understand project scope.
  • Develop detailed cost estimates for manufacturing projects, including material costs, labor costs, equipment costs, and overheads.
  • Use historical data and industry benchmarks to support estimates and ensure accuracy.
  • Analyze quotes from suppliers and subcontractors to include in cost estimates.
  • Identify potential risks and provide recommendations to mitigate them, ensuring accurate and reliable estimates.
  • Collaborate with project managers, engineers, and other stakeholders to gather necessary information and provide support throughout the project lifecycle.

Qualifications:

  • Bachelor's degree in Engineering (Mechanical, Industrial, or a related field) or equivalent experience.
  • Minimum of 3-5 years of experience in estimating or a similar role within a manufacturing or engineering job shop environment.
  • Proficiency in estimating software, ERP systems, and Microsoft Office Suite. Familiarity with CAD software is a plus.
  • Strong analytical and mathematical skills with the ability to interpret complex data and technical specifications.
  • Excellent verbal and written communication skills, with the ability to present complex information clearly and effectively.


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