Cost Estimator

Magna International•Troy, MI

About The Position

POSITION SUMMARY: Responsible for the development and coordination of product & process cost estimates. Collaborates with all stakeholders to establish cost estimates supporting advanced development production implementation, directional/engineering estimates, and should cost modeling on key strategic business.

Requirements

Extensive knowledge of product, design, manufacturing processes and procedures.
Strong organizational skills and the ability to successfully coordinate and complete multiple tasks within established and changing deadlines.
Strong communication skills: verbal, written and technical presentations.
Proficient with word processing, spreadsheet and database applications.
Demonstrated successful performance with independent problem solving.
Analytical skills to review and interpret data and make recommendations regarding costs.
To perform this job successfully, an individual must be able to perform each essential duty and responsibility satisfactorily. The requirements listed below are representative of the knowledge, skill, ability and/or physical demands required.
Bachelor’s Degree (or bachelor’s equivalency) business or engineering; or equivalent combination of education and work experience.
Minimum 3 years’ experience in an automotive manufacturing/engineering related environment.
Minimum of 2 years of practical experience in product costing environment.
Normal amount of sitting or standing, average mobility to move around an office environment, able to conduct normal amount of work at a computer, may require local, domestic and international travel.

Responsibilities

Analyzes customer quote packages to ensure the development of a comprehensive response.
Works closely with all stakeholders (division, operations, MP&L, finance, engineering, purchasing, sales, and business development) to establish directional cost estimates.
Develop process to streamline real-time cost data access: raw material, labor & cycle time, burden, component costs (purchasing), mold & paint processing, tooling, and capital cost & capacity.
Provides cost estimate inputs to new business finance manager for QC model inclusion and alignment on key financial metrics.
Verifies accuracy and finalizes quote packages.
Ensures Group and Divisional leadership visibility & approval prior to customer submission.
Supports and justifies cost/pricing structure to the customer as required, under the direction of the department manager and with the coordination of Sales, Business Development, and Engineering.
Maintains customer submitted pricing data as required.
Supports Internal / External Audit efforts regarding ISO 9001:2015, IATF 16949 Certification for remote site location (Group Office).
Supports the requirements as detailed in Standard Operating Procedure 8000 (Quality Management System).
Ensure employees work in the manner consistent with the organizations established objectives and targets utilizing protective equipment, devices, measures, and procedures as promulgated by state and federal regulations.
Establish clear goals for workplace health and safety.
Complete safety talks, safety meetings, and required training occur, as defined.