What are the responsibilities and job description for the Cost Estimator position at Firman Solutions?
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.
QUALIFICATIONS:
- Bachelor’s 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