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Chemtech Plastics
Elgin, IL | Full Time
$83k-105k (estimate)
2 Months Ago
Senior Cost Estimator
$83k-105k (estimate)
Full Time | Durable Manufacturing 2 Months Ago
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Chemtech Plastics is Hiring a Senior Cost Estimator Near Elgin, IL

SENIOR COST ESTIMATOR
The Senior Cost Estimator will create cost estimate sheets and final quotes for various customer programs based upon RFQ information provided on the sales RFQ sheet. The position will include reviewing prepared estimate sheets and tooling sheets with management for cost approval or adjustment to complete the formal quote form.
Supervisory Responsibilities:
• None.
Duties/Responsibilities:
• Prepares RFQ worksheets for various injection molding programs (new or existing).
• Prepares formal quotations to the customers for signoff by management.
• Reviews worksheets with management for approval or modification(s).
• Estimates the cost of new and proposed products and services in the assigned departments, areas, or projects.
• Analyzes changes to the products and services provided.
• Uses CAD design and visualization to view and interrogate assemblies, parts, and drawings in major 2D and 3D formats.
• Provide specific feedback and recommendations to the Engineering department to determine if assemblies, parts, and drawings are accurate to the corresponding quote.
• Provides detailed reports that will include breakdowns of project costs and forecasts of remaining costs.
• Documents data and statistical procedures used in conducting cost analysis.
• Assists in preparation of the annual budget to determine standard costs.
Required Skills/Abilities:
• Advanced in Microsoft Office Suite, particularly Microsoft Excel.
• Familiarity with enterprise resource planning (ERP) systems such as DTR / IQMS.
• Familiarity with Spinfire Ultimate used for CAD design and visualization.
• Thorough understanding of cost accounting principles and procedures.
• Ability to work in a fast-paced environment and collaborate with multiple departments.
• Excellent organizational skills and attention to detail.
• Excellent written and oral communication skills.
• Excellent analytical skills.
• Proficient math skills.
Education and Experience Required:
• Bachelor’s degree in Accounting or Business, or equivalent experience.
• At least 10 years of injection molding, plastics manufacturing, and/or tooling experience.
• At least 5 years of cost estimating experience.
• At least 5 years of preparing Excel worksheets and knowledge of basic formulas.
• Must have knowledge of injection molding processes, materials, and various parts.
Physical Requirements:
• Prolonged periods sitting at a desk and working on a computer

Job Summary

JOB TYPE

Full Time

INDUSTRY

Durable Manufacturing

SALARY

$83k-105k (estimate)

POST DATE

04/28/2024

EXPIRATION DATE

06/05/2024

WEBSITE

chemtechplastics.com

HEADQUARTERS

ELGIN, IL

SIZE

50 - 100

FOUNDED

1982

TYPE

Private

CEO

RAGNAR KORTHASE

REVENUE

$10M - $50M

INDUSTRY

Durable Manufacturing

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The job skills required for Senior Cost Estimator include Microsoft Office, Quotations, Organizational Skills, Accounting, Oral Communication, etc. Having related job skills and expertise will give you an advantage when applying to be a Senior Cost Estimator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Senior Cost Estimator. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Senior Cost Estimator positions, which can be used as a reference in future career path planning. As a Senior Cost Estimator, it can be promoted into senior positions as a Capacity Planning Supervisor that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Senior Cost Estimator. You can explore the career advancement for a Senior Cost Estimator below and select your interested title to get hiring information.