Cost Estimator
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:
* 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
Base Pay Range: $60,000 - $80,000
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 candidate's 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 HR@phillipsandtemro.com
Benefits Available to Full-Time Employee...
- Rate: Not Specified
- Location: Eden Prairie, US-MN
- Type: Permanent
- Industry: Finance
- Recruiter: Phillips & Temro Industries Inc.
- Contact: Janine Suing
- Email: to view click here
- Reference: COSTE001532-00001
- Posted: 2025-10-16 08:18:40 -
- View all Jobs from Phillips & Temro Industries Inc.
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