Cost Estimation Engineer jobs in Kentucky
Cost Estimation Engineer estimates costs for construction, engineering, manufacturing, or other implementation projects based on an analysis of project technical requirements. Collects data and analyzes all project costs, including raw materials, labor, equipment and tooling to ensure estimates are accurate. Being a Cost Estimation Engineer identifies and quantifies potential cost uncertainties to ensure costing models capture the full range of potential costs. Updates costs as necessary based on new information and project scope changes. Additionally, Cost Estimation Engineer coordinates with project management, engineering, procurement and other project stakeholders. Requires a bachelor's degree. Typically reports to a manager. The Cost Estimation Engineer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Cost Estimation Engineer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Cost Estimation Engineer jobs
Supply Chain Cost Engineer
- Fives Intralogistics
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Louisville, KY
FULL_TIME
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Position Summary
The Supply Chain Cost Engineer (SCCE) is responsible for determining standard costs and investigating variances in expenses as well as working with Sourcing and Procurement organizations in determining should-cost modeling for critical buys. SCCE with proactively communicate showcasing important information leading to insights & decisions. Active engagement with cross-functional stakeholders (e.g. Finance & Project Managers), representing supply chain and overall cost structure, in support of driving category and FIL Corp objectives. Ensuring accountability, including improving the financial acumen of operational partners while driving action toward continuous improvement with urgency and attention to detail.
Character Qualifications- Innovation – We create a culture of relentless improvement of solutions and processes to make every day better.
- Integrity – We are open, honest, and committed to giving the straight story every time.
- Service - We serve our clients, families, communities, and most importantly our people who are empowered and safe in making decisions and taking actions that dare to make us better.
- Ownership - We take full, personal, individual responsibility for our actions and our work.
Overall driving governance and structure around:- Analyze historical spend data and make recommendations for improvement.
- Work with Finance (& other teams) to maintain correct cost information in ERP.
- Collaborate with Buyers and Sourcing managers with regards to spend behavior.
- Provide ‘Should Be’ cost analysis for standard products.
- Collaborate with engineers, architects, clients, and contractors on estimates.
- Use Cost, Schedule, WBS, etc. to ensure Budgets fully address all scope requirements and roll up to Program level summaries.
- Evaluate a product’s cost-effectiveness or profitability and make recommendations to improve.
- Read blueprints and technical documents to prepare estimates
- Traveling to job sites to gather information and evaluate design proposals.
- Identifying and quantifying cost factors, such as production time, materials, and labor expenses.
- Working with sales teams and project managers to prepare estimates and bids for customers.
- Identifying and mitigating potential risks and developing strategic techniques to reduce financial loss.
- Assist in the compilation of overall project budgets, utilizing estimate input from a variety of sources.
- Ensure Contingency and uncertainty are properly assessed within budgets; monitor contingency drawdown.
- Gather key cost data: exposure, commitment, expenditure, potential changes, approved changes, and provide cost coding for all key financial transactions.
- Monitor & report project cash flow and forecast budget variances.
- Assist in the configuration and implementation of cost systems. Facilitate the development of user requirements. Understand the likely requirements for data integration.
- Manage the Change Control procedures/processes.
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.- Bachelor's Degree in Finance (or similar field) or Supply Chain preferred.
- Minimum of 2 years of relevant experience preferred.
- Technical aptitude to successfully interface with Suppliers and internal teams.
- Experience with ERP systems (SAP is preferred).
- Experience with Microsoft Office Suite (Outlook, Word, Excel, PowerPoint, OneNote, Access)
- Experience preferred with other quantitative tools (Power BI, JDA, JDE, etc.)
- Build value propositions, business cases and influence leadership
- Exceptional verbal communication skills (spoken and listening).
- Ability to actively engage potential customers in open-ended questions in which needs are identified.
- Ability to work in an entrepreneurial organization where cooperating with others and being a team member is essential.
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.- While performing the duties of this job, the employee is regularly required to use hands to finger, handle, or feel; reach with hands and arms; climb or balance; and talk or hear. The employee frequently is required to stand and walk. The employee is occasionally required to sit and stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 50lbs. Specific vision abilities required by this job include close vision, distance vision, and ability to adjust focus.
Fives Intralogistics is a manufacturer of automated sorting equipment. Employees of the company work in a light industrial environment and must follow established safety policies. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Travel
This position requires negligible business travel. - 5 Days Ago
Project Cost Controls Engineer
- CA10 AP Canada Ltd.
-
Edmonton, KY
FULL_TIME
- At Air Products, our purpose is to bring people together to reimagine what’s possible, collaborate and innovate solutions to the world’s most significant energy and environmental sustainability challe...
- 2 Months Ago
Line Maintenance Lead Technician (CVG)
- Airborne Maintenance and Engineer Serv
-
Erlanger, KY
FULL_TIME
- What you will do: Assists supervisor in providing leadership and technical support to assigned personnel. Aids management in creating and maintaining a safe work environment, managing costs and delive...
- 9 Days Ago
Associate Dentist
- Cost Dental PLLC
-
Ashland, KY
FULL_TIME
- This opening is for an Associate Dentist. At Aspen Dental, we put You 1st, offering the financial security and job stability that comes with working with a world-class Dental Service Organization (DSO...
- 1 Day Ago
Cost Accountant
- Heartland Automation LLC
-
Georgetown, KY
FULL_TIME
- Company Description Heartland Automation LLC is a leading provider of scalable robotic material handling solutions for manufacturing and warehousing clients. Our solutions help offset labor shortfalls...
- Just Posted
Cost Analyst
- Hitachi Astemo
-
Berea, KY
FULL_TIME
- DescriptionGeneral Summary:Hitachi Astemo’s Cost Management department is looking for a passionate and highly motivated Cost Analyst. This person will be a self-starter who takes the initiative to imp...
- 3 Days Ago
Cost Estimation Engineer jobs at Popular Companies
Proposal/Estimation Engineer
- Spectrum Recruiting Solutions
-
West Jordan, UT
- INSIDE SALES ENGINEER Location: West Jordan, UT Reports to: Site Manager Compensation: $50 - $60K Responsibilities & Req...
- 6/2/2024 12:00:00 AM
Estimating Engineer - Construction
- Path Construction
-
Arlington Heights, IL
- Path Construction seeks a qualified Estimating Engineer to join our organization in our Arlington Heights, IL office. We...
- 6/2/2024 12:00:00 AM
Cost Estimating Engineer
- Elliott Group
-
Jeannette, PA
- Overview & Responsibilities Summary: Prepare, deliver, timely and accurate (New Apparatus) Engineered Products & Enginee...
- 6/1/2024 12:00:00 AM
Estimation Engineer
- Premier Group Recruitment
-
New York, NY
- JOB – Estimation Engineer (Stone Masonry and Tile Projects). LOCATION - Brooklyn, NY TERM - Permanent SALARY- $75,000 - ...
- 6/1/2024 12:00:00 AM
Estimating Engineer
- Premier Group Recruitment
-
New York, NY
- Job Description Job Description JOB – Estimating Engineer (Stone Masonry and Tile Projects). LOCATION - Brooklyn, NY TER...
- 5/31/2024 12:00:00 AM
Production Cost Estimator Engineer
- Precision Signs.Com, Inc.
-
Amityville, NY
- Production Cost Estimator Engineer PrecisionSigns.com, Inc. has been a leader in the architectural signage and environme...
- 5/30/2024 12:00:00 AM
Estimation Engineer
- EDGE Automation, LLC
-
North Reading, MA
- Estimator/Sales Engineer We are a growing Commercial Building Automation Control company based in North Reading that off...
- 5/29/2024 12:00:00 AM
Bids & Estimating Engineer
- Leidos
-
Bedfordshire, GB
- Description Bids & Estimating Engineer Permanent, Based in Bedford To generate costs for the technical solutions present...
- 4/12/2024 12:00:00 AM
About Kentucky
Kentucky (/kənˈtʌki/ (listen) kən-TUK-ee), officially the Commonwealth of Kentucky, is a state located in the east south-central region of the United States. Although styled as the "State of Kentucky" in the law creating it, (because in Kentucky's first constitution, the name state was used) Kentucky is one of four U.S. states constituted as a commonwealth (the others being Virginia, Pennsylvania, and Massachusetts). Originally a part of Virginia, in 1792 Kentucky became the 15th state to join the Union. Kentucky is the 37th most extensive and the 26th most populous of the 50 United States.
Ke...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Cost Estimation Engineer jobs
$61,235 to $78,589
Most Popular Cities in Kentucky for Cost Estimation Engineer Jobs
What does a Cost Estimation Engineer do?
Cost Estimation Engineer in Mobile, AL
The Costing and Estimation Engineer works under the guidance of the Senior Road Engineer with technical guidance from the Head of Engineering Section.
January 11, 2020