Job DescriptionCost Estimating EngineerCost Estimating is defined as: Provides cost estimates/comparison costs for the value of goods that are provided by the supply chain.Overall Purpose of the Role:To collect and analyse data and information in order to estimate costs associated with manufacturing a product.Works proactively towards cost target objectives in collaboration with others.Job holders in this role may take responsibility for a limited amount of components within the design and manufacturing process.More senior roles hold more responsibility and accountability and have a larger remit in terms of components and financial accountability.Key Responsibilities:General and Task Management Determine cost estimate targets during the design and development process, recommending cost effective solutions Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products Utlise cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts Monitor and review data and information to detect or assess problems Investigate and identify cost reduction opportunities through cost analysis review Contribute to cost monitoring and reporting systems and procedures and Monitor trends Prepare cost and expenditure statements, reports and other necessary documentation at regular intervals to share with others in the business Support all activities in cost estimating and take a proactive approach towards improvementsSkills and Attributes: Good communication skills with the ability to form and maintain good relationships internally and externally Good interpersonal, negotiation and influencing skills Commercially and financially aware Strong analytical skills Strong technical mindset and able to read and interpret technical data and translate to others Highly numerate with the ability to research, assemble manage and manipulate numerical information Knowledge of estimating techniques Results orientated and organised with the ability to deliver against deadlines.Strong attention to detail and accuracy skills Project management skillsExample roles this job description may cover: Cost Estimator Estimating Engineer Cost Engineer Cost Planning Engineer Cost Reduction Engineer Cost Control EngineerCost Analyst Project Cost EngineerQualifications and Experience Levels:B.E OR B.TECH Civil, Diploma in CivilExperience - Minimum 2 Yr
