Cost Estimating Analyst

NORTHERN ENGRAVING CORPORATIONSparta, WI
Onsite

About The Position

Reporting to the Project Senior Manager, the Cost Estimator will organize a cost estimation process and analyze cost data with a cost model. This role involves analyzing the cost of BOM, raw materials, processes, and tooling based on engineering data. The Cost Estimator will provide manufacturing cost estimations and business case analyses to support the sales team. Responsibilities include establishing and improving cost models and databases, building cost models for regional responsibility, and participating in cost benchmarking. The role also requires analyzing supplier RFQs and understanding cost influencing factors. Collaboration with Engineering and Procurement teams during the new business quoting phase to establish reference cost targets is essential. Developing strong technical relationships with suppliers to identify cost-saving solutions, including emerging technologies, is also a key aspect of this position.

Requirements

  • Automotive mechanical design and/or BOM, manufacturing process
  • Financial knowledge and skills
  • Excellent organizational skills and attention to detail
  • Excellent time management skills with a proven ability to meet deadlines
  • Strong analytical and problem-solving skills
  • Ability to prioritize tasks and to delegate them when appropriate
  • Ability to function well in a high-paced and at times stressful environment
  • Proficient with MS Excel, Power BI or related software
  • Bachelor's Degree in Engineering, Finance, or related field

Responsibilities

  • Analyze the cost of BOM, raw materials, process and tooling according to engineering data
  • Provide the manufacturing cost estimation and business case analysis as base for sales team
  • Establish and improve the oversee cost model and database
  • Regional responsibility to build cost model and member of cost benchmarking
  • Analyze cost breakdowns from supplier request for quote (RFQ) and understand all cost influent factors
  • Work with Engineering & Procurement teams during the new business quoting phase to establish reference cost targets
  • Develop close technical relationships with suppliers to identify best cost solutions, including emerging technologies that provide cost improvements
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