Cost Estimator

Eden Prairie, MN - USA

Monthly Salary: $ 60000 - 80000

Posted on: 28 days ago

Vacancies: 1 Vacancy

Department:

Design Engineering

Job Summary

POSITION SUMMARY:

The Cost Estimator performs estimating activities working with engineering and plant personnel to collect data to accurately estimate the time materials and labor required to develop and manufacture a product or offering.

RESPONSIBIITIES AND DUTIES:

Prepare detailed and accurate cost estimates for design projects products and components.
Analyze technical drawings specifications and other documentation to determine material labor and time requirements.
Collect organize and evaluate data on materials production methods and labor to develop reliable cost information.
Collaborate with engineering purchasing and production teams to verify requirements and assumptions.
Monitor actual production costs against estimates and update estimating models accordingly.
Identify opportunities for cost savings and process improvements.
Develop and maintain estimating tools templates and cost databases.
Support proposal and quotation activities by providing timely and competitive cost information.
Present cost findings and recommendations to managers and decision-makers.
May enter BOM data into SAP or extract BOM data to support problem resolution as needed.
Support packaging submissions with inputs from SAP
Perform other related duties as assigned.

COMPETENCIES:

Strong analytical and problem-solving skills.
High attention to detail and accuracy.
Ability to read and interpret engineering drawings and technical documents.
Effective verbal and written communication skills.
Proficiency in Microsoft Office applications especially Excel.
Ability to manage multiple projects and meet deadlines.
Strong collaboration skills and ability to work with cross-functional teams.

QUALIFICATIONS:

Bachelors degree in Engineering Finance Business or related field; or equivalent work experience
3 years of relevant experience in cost estimation or similar role
Knowledge of manufacturing processes and materials
Demonstrated ability to analyze data and prepare accurate cost reports
Experience using ERP or cost analysis systems

Base Pay Range: $60000 - $80000

Compensation Disclosure:

At Phillips and Temro Industries base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay range for this role is listed above. Your base pay will depend on your skills education qualifications experience and location. The final salary offer will be based on these criteria and may differ based on the candidates experience and qualifications and other job-related reasons. If you have any questions about the salary range the compensation structure or benefits offered feel free to reach out to

Benefits Available to Full-Time Employees:

Health insurance dental and vision (cost-share)
HSA/FSA
STD and LTD (company provided)
Basic Life and AD&D (company provided)
Voluntary Supplemental Life
EAP (company provided)
Voluntary Accident Critical Illness and Hospital Indemnity
401K plan with employer match
Paid time off (PTO) and holidays
Volunteer hours
Annual bonus based on company performance
Tuition Reimbursement
Paid Parental Leave
Safety shoe and safety glasses reimbursement

POSITION SUMMARY:The Cost Estimator performs estimating activities working with engineering and plant personnel to collect data to accurately estimate the time materials and labor required to develop and manufacture a product or offering.RESPONSIBIITIES AND DUTIES:Prepare detailed and accurate cost ...