Cost Engineer

Reports to: Manager and/or General Manager of Cost Control (New Programs)

• Prepare cost analysis by evaluating material cost, labor cost, and overhead cost incurred in the fabrication or assembly of part/s, and when predetermined standard/s are not available, make an estimate.
• Analyzes maps, blueprints, photos, charts, and other data to estimate costs and set target cost in detail.
• Assesses cost effectiveness of products and projects to achieve target cost conferring with other functions to adjust cost estimates for effective decision making process.
• Maintain records for all related source documents pertaining to product cost, burden rates, etc.
• Conduct time studies to establish standards for labor estimates.
• Break down components from drawings and fills out "Request for Quotation" for Purchasing Department.
• Can prepare Process Design sheet for submittal to Marketing and Sales Department when necessary.
• Prepare quotations for submittal to Marketing and Sales.
• Estimate part weight and/or mold cost from drawings.
• Reviews raw materials and labor requirements for budget purposes.

• Bachelor's Degree in engineering/science, preferred, or equivalent experience in cost estimation/cost engineering/cost accounting.

• Project management, financial analysis, cost accounting, data analysis.
• Knowledge of computer based operations and associated programs (MS Office, ERP's, financial analysis software).