Value Added Costing Engineer
3 weeks ago
SUMMARY: Responsible for providing customers with design-in support including cost and pricing estimates, design and process requirements, and value engineering as part of the Global Contracts, Pricing, & Estimating team (CP&E)ESSENTIAL DUTIES AND RESPONSIBILITIES include the following: Other duties may be assigned.
- Works with Management, Production and Sales teams to determine engineering feasibility, cost effectiveness, and customer demand for new and existing products
- Reviews customer specifications and technical documents in order to prepare estimates
- Analyzes cost factors required to meet customer specifications and provides input for pricing of products
- Works with Account Managers and Sales teams to prepare cost estimates and bids for customers
- Collaborates with Design engineers and Manufacturing engineers on estimates as needed
- Creates Bills of Material (BOM) for cost estimates as needed
- Identifies and quantifies cost factors, such as production time, materials, and labor expenses
- Recommend ways to make a product more cost effective or profitable
- Evaluates a product’s cost-effectiveness or profitability
- Uses computer software to calculate estimates and helps develop new processes/tools for estimating
- Helps ensures integrity and accuracy of costs as well as related financial information
- Analyzes competitors, material, and other costs and market demand to develop costing model
- Completion of a Bachelor’s degree from a four year college or university; or equivalent work experience
- Two to five years of experience; and/or equivalent combination of education and experience
- Understanding of manufacturing Bills of Material (BOM) and Labor Routings
- Ability to calculate figures and amounts such as discounts, profit margins, and percentages
- Knowledge to identify problems, collect data, establish facts, and draw valid conclusions
- Proficient in data analysis, skilled in Microsoft Excel and use of ERP systems. Experience with Costing or Pricing software
[Equal Opportunity Employer - Disability/Vet]
This job may require applicant to conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.
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