Cost Estimator I

PTI Technologies•Oxnard, CA

27d•Onsite

About The Position

Responsible for preparing cost estimates submitted in response to Government & Commercial solicitations for new & recurring business, ensuring responsiveness, compliance and audit ability to the requirements of the Request for Quote (RFQ). Interprets requirements per the RFQ, released Engineering drawings, engineering estimating data forms and proposal drawings & sketches. Works with bill of material, delivery schedule, purchase order history, vendor quotes, manufacturing routers and cost accounting reports in preparing cost estimates. Generates preliminary bills of material and internal quote requests as required. Initiates manufacturing engineering request forms for review of bill of material structures and routings as required. Maintains knowledge of current manufacturing methods, material costs, estimating techniques including the ability to estimate raw material, purchase parts and processes, tooling costs, machine, assembly & test hours. Interfaces with Marketing, Engineering, Manufacturing Engineering and Purchasing in pursuit of design clarification, make/buy decisions, manufacturing methods, tooling requirements, etc. for new products. Maintains complete, accurate & documented records supporting the basis for each prepared cost estimate. Presents completed projects for management review. Prepares audit packages and supports fact finding sessions as required. Audits cost estimating activities done outside the Estimating department. Provides standard cost data for new products as requited. Reviews, analyzes & investigates variances to standard cost (Manufacturing, PPV, etc.) that may impact cost estimating assumptions. Generates and maintains desk top procedures as required. Performs other related duties as required.

Requirements

Ability to read, analyze, and interpret general business periodicals, professional journals, technical procedures, or governmental regulations.
Ability to write reports, business correspondence, and procedure manuals.
Ability to effectively present information and respond to questions from managers and other employees.
Ability to work with mathematical concepts such as probability and statistical inference.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
Strong proficiency in using Microsoft Office software such as Excel, Power point and Word.
Excel proficiency to include pivot tables, file linking & macros.
Working knowledge of business systems applications such as MRP and ERP, and financial applications.
Detail oriented.
Sound understanding of bills of material, routings and standard cost elements.
Mechanical aptitude.
Strong organizational and communication skills.
Strong written & verbal communication and collaborative skills.
Regularly required to use hands to work with personal computer and other standard office equipment.
Regularly required to talk and hear.
Frequently required to walk, sit, and reach with hands and arms.
Occasionally required to stand.
Occasionally lift and/or move up to 10 pounds.
Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.

Nice To Haves

One year of experience in a manufacturing environment preferred.

Responsibilities

Interprets requirements per the RFQ, released Engineering drawings, engineering estimating data forms and proposal drawings & sketches.
Works with bill of material, delivery schedule, purchase order history, vendor quotes, manufacturing routers and cost accounting reports in preparing cost estimates.
Generates preliminary bills of material and internal quote requests as required.
Initiates manufacturing engineering request forms for review of bill of material structures and routings as required.
Maintains knowledge of current manufacturing methods, material costs, estimating techniques including the ability to estimate raw material, purchase parts and processes, tooling costs, machine, assembly & test hours.
Interfaces with Marketing, Engineering, Manufacturing Engineering and Purchasing in pursuit of design clarification, make/buy decisions, manufacturing methods, tooling requirements, etc. for new products.
Maintains complete, accurate & documented records supporting the basis for each prepared cost estimate.
Presents completed projects for management review.
Prepares audit packages and supports fact finding sessions as required.
Audits cost estimating activities done outside the Estimating department.
Provides standard cost data for new products as requited.
Reviews, analyzes & investigates variances to standard cost (Manufacturing, PPV, etc.) that may impact cost estimating assumptions.
Generates and maintains desk top procedures as required.
Performs other related duties as required.