Cost Estimator, Interm

We believe our employees are the reason for our success, and our compensation and benefits are designed to reflect that belief.

Position Summary
Responsible for the evaluation, development and implementation of pricing strategies based on
current business needs. Prepares cost estimates for manufacturing products designed to support
pricing information decisions. Analyzes blueprints, customer specifications, proposals and other
documents to prepare time, cost and labor estimates for products applying knowledge of
specialized methodologies, techniques, principles or processes.

Position Responsibilities Include But Are Not Limited To:
To perform this job successfully, an individual must be able to perform each essential duty
satisfactorily. The requirements listed below are representative of the knowledge, skill, and/ or
ability required. Reasonable accommodations may be made to enable individuals with disabilities
to perform the essential functions.

• Review data from blueprints, specifications, proposals and other documents as needed

and compiles list of types of materials or equipment requirements and prepares itemized
lists.

• Computes cost factors and prepares estimates used for management purposes such as

planning, organizing, and scheduling work; preparing bids; selecting vendors or
subcontractors; and determining cost effectiveness.

• Conducts research, special studies and performs competitive pricing analysis and trends

to develop and establish standard hour and related cost data or effect cost reductions.

• Consults with other individuals to discuss and formulate estimates and resolve issues.
• Reviews drawings submitted by customer to determine if part is to be quoted,

manufactured, type of material to be used and if applicable, requirements for secondary
operations (i.e. heat treat, finish).

• Work with Manufacturing and Purchasing to determine the best outside vendor for

purchased components and secondary operations.

• Interfaces with other individuals in the organization to obtain support and commitment to

the cost estimates.

• Works with Customer Service, Inside and Outside Sales, Customers, Manufacturing and

other departments in providing quotations within guidelines.

• Organizes and manages a centralized cost estimating database and a formal process to

support cost estimating to support pricing information decisions and ensure historical
data is utilized.

• Analyzes completed projects to compare estimated costs to actual costs and determine

the reason for any discrepancies.
2 Rev 01/08/2020

• Determine the machine group most efficient for manufacture of parts.
• Provides improvement recommendations to cost estimating procedures to reduce future

discrepancies between estimated and actual costs.

• Identifies cost trends to assist management in cost reduction.
• Review new part routings/processes for accuracy.
• Reviews incoming orders, checking for minimum order quantity, correctness of

manufacturing routings and receipt of customer purchase order

• Reviews current routings and manufacturing processes with Quality, Manufacturing,

Production Control, Engineering and Sales.

• Ability to comply with the rules and regulations mandated under the following quality and

governmental standards: ISO9001:2000, AS 9100 and NADCAP.
Measurements

• Minimize and prevent discrepancies on quotes
• Data Management – to support cost estimating, pricing information decisions and ensure

historical data is utilized by sales and manufacturing

• M-1 – Timely update changes in system to production

Qualifications-Education/Experience

Required:

• Post High School education or training in engineering sciences – Mechanical, Industrial

and Industrial Technology, or equivalent experience.

• Minimum 3 years product costing experience in a fastener manufacturing environment.
• Thorough knowledge of manufacturing processes.
• Strong knowledge of financial costing methods.
• Working knowledge of PC usage and applicable software packages (i.e. Word, Excel,

and PowerPoint etc.)

• Working knowledge of relevant engineering applications, technical reading and writing.
• MRP experience preferably M-1.
• Ability to read blueprints and interpret industrial standards.

Preferred:

• Associate or Bachelor’s Degree
• Knowledge in fastener and cold-forming manufacturing.
• Experience in applications engineering a plus.

Travel Requirements
0%

We consider all applicants without regard to race, color, religion, national origin, sex, age, sexual orientation, marital status, handicap, genetic infiltration, disability or status as a veteran. Fontana reserves the right to require a drug screening at any time during the employment process.