Cost Engineer

Job Description

Cost Engineer is responsible for creating and reviewing part costs and methods of manufacturing for accuracy in relation to established standards and profitability. The ideal candidate will have strong technical skills and experience working in a machine shop environment; be able to effectively communicate on a technical level with Quality, Engineering and Manufacturing personnel; and understand machining cycle times, materials, and GD&T and the cost impact they present.

Role and Responsibilities

• Determine material requirements, labor costs, manufacturing operation and cycle times based built to print parts and blueprints
• Develop cost estimates and quotes based on customer requirements and specifications
• Collaborate with other departments, including engineering, production, and sales, to ensure that quotes and cost estimates are accurate and profitable.
• Work and negotiate with suppliers to obtain accurate and competitive pricing and lead times for materials and special outside processes.
• Maintain accurate records of cost estimates, quotes, and actual production costs for each job.
• Communicate with customers to answer questions about cost estimates and quotes and provide updates on project status and production timelines.
• Develop and maintain strong relationships with customers to ensure their needs are met and exceeded.
• Identify opportunities for cost savings and process improvements in the CNC machining process.
• Keep up to date with industry trends and advancements in CNC machining technology to ensure the company remains competitive.
• Ensure that all work is completed in compliance with company policies and procedures, as well as relevant safety regulations and guidelines.

Qualifications / Experience

• Bachelor's degree in mechanical engineering or equivalent field experience.
• At least 3 years of experience in a CNC environment or equivalent field experience.
• Computer skills with MS Office including Word, Excel, Teams, and using Excel-based costing software.
• Strong communication, analytical and problem-solving skills.
• Experience with ERP systems.
• Familiarity with CAD/CAM software.
• Strong knowledge of manufacturing standards in the semiconductor, medical, and aerospace industries.
• Attention to detail and accuracy.
• Ability to work in a fast-paced environment and manage multiple priorities with strong organizational and time-management skills.
• Flexibility and adaptability to changing priorities and deadlines.

Benefits:

• Health Insurance (Medical/Dental/Vision) paid 100% for employees
• Life insurance policy
• Safe Harbor 401(K) plan
• Paid time off (vacation/sick/holidays/floating holiday)
• Referral program

Experience level

• 5 years experience a plus

Schedule

• 8 hour shift
• Monday to Friday
• Weekend availability 

Salary : $70,000 - $105,000