Working for leading manufacturer with a commitment to delivering high-quality products and outstanding customer service.
We are seeking a talented and motivated Costing Engineer to join our team and play a vital role in ensuring the accuracy and competitiveness of our pricing.
The Costing Engineer / Estimating Engineer will be able to take control and break down designs to align costs for each component.

Responsibilities:

• Bill of Materials (BoM) Management:
  
  
  
  • Create and review full and part BoM component costs for sales order quotes across all product lines.
  
  
  • Generate and maintain accurate records of all BoM costs for historical analysis and database improvement.
  
  
  • Monitor and maintain the accuracy of costing data within the database by comparing and reconciling data from quotes, plans, and actual costs.
  
  
  
  


• Cost Variance Analysis:
  
  
  
  • Investigate discrepancies between quoted, planned, and actual costs, identifying the root cause of variances.
  
  
  • Report findings and implement corrective actions to prevent future cost discrepancies.
  
  
  
  


• Cost Estimation and Reporting:
  
  
  
  • Work closely with the supply chain to obtain accurate cost projections for new designs and components.
  
  
  • Proactively identify and report potential cost variances before contract completion whenever possible.
  
  
  • Substantiate and report recommendations for SAP component standard cost updates to the finance department.
  
  
  
  


• Collaboration and Communication:
  
  
  
  • Liaise effectively with personnel from sales, engineering, purchasing, and finance departments to ensure cost data accuracy and timely completion of tasks.
  
  
  
  


• Safety and Compliance:
  
  
  
  • Ensure all work adheres to current health and safety regulations and company safety protocols.
  
  
  
  

Qualifications:

• Extensive knowledge of mechanical engineering manufacturing processes.


• Strong understanding of Bill of Materials (BoM) management and cost estimation principles.


• Excellent analytical and problem-solving skills, with the ability to identify and investigate cost discrepancies.


• Proven proficiency in Microsoft Office Suite and ERP systems (ideally SAP).


• Excellent communication and interpersonal skills, with the ability to collaborate effectively with diverse teams.


• Strong attention to detail and accuracy.


• Experience in a production planning/management role in a mechanical engineering manufacturing environment (preferred).

Benefits:

• Competitive salary and huge benefits package


• Opportunity to work in a dynamic and growing company


• Contribute to the development and success of innovative products


• Collaborative and supportive work environment


• Professional development opportunities

If you are a highly motivated and detail-oriented individual with a passion for cost optimization and a strong understanding of mechanical engineering manufacturing, we encourage you to apply.

Please note: This job spec is a suggestion and can be modified to fit your specific needs and requirements.
Contact E3 Recruitment for further details.