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Cost Estimator

Faxon Machining


Job Location:

Cincinnati, OH - USA

Monthly Salary: Not provided by the employer
Posted: 22 August 2026 (Yesterday)
Application Deadline: 19 November 2026
Vacancies: 1 Vacancy

Job Summary

Cost Estimator
PURPOSE: The Estimator analyzes blueprints job specifications and related data to prepare time cost and labor estimates for quoting customer request for quote (RFQ).
DUTIES/RESPONSIBILITIES:
  • Reviews customer blue prints specifications and all relevant data to determine material and labor requirements
  • When drawings are not available reverse engineers from sample products to develop the data necessary to quote a job
  • Consults with sales team engineering department shop team members vendors and customers as required to:
- confirm customer requirements and ensure expectations are fully understood
- review companys internal capabilities to ensure the job specifications can be met
- identify scheduling conflicts production bottlenecks missing information
- obtain accurate and competitive pricing on materials and outside services
-discuss changes and adjustments to cost estimates and quotations
  • Accurately identifies cost factors develops pricing and prepares quotations within specified time frames. Completes quote forms and compiles related information
  • Organizes and manages a cost estimating database and a formal process to support cost estimating to ensure historical data is utilized and applied to future quotations
  • Analyzes completed projects to compare estimated costs to actual costs and determine the reason for any discrepancies. Utilizes this information to identify cost trends and provide improvement recommendations to cost estimating procedures to reduce future discrepancies between estimated and actual cost
REQUIREMENTS:
  • Bachelor degree or equivalent knowledge gained from experience related to estimating machining and fabrication jobs
  • Advanced knowledge of machining processes metal finishing plating heat treating; the ability to read blue prints; and proficiency with SolidWorks Microsoft Word and Microsoft Excel
  • Previous experience with DOD contracts strongly desired (FAR DFARS)
  • Apply business management principles to define problems collect data establish facts and draw valid conclusions
  • Deal with several abstract and concrete variables
  • Manage time effectively in order to accomplish highest-priority goals and objectives
  • Demonstrate effective spoken and written communication skills