Cost Estimation Engineer jobs in Massachusetts

SUMMARY: Responsible for providing customers with design-in support including cost and pricing estimates, design and process requirements, and value engineering as part of the Global Contracts, Pricing, & Estimating team (CP&E)

ESSENTIAL DUTIES AND RESPONSIBILITIES include the following: Other duties may be assigned.

• Works with Management, Production and Sales teams to determine engineering feasibility, cost effectiveness, and customer demand for new and existing products
• Reviews customer specifications and technical documents in order to prepare estimates
• Analyzes cost factors required to meet customer specifications and provides input for pricing of products
• Works with Account Managers and Sales teams to prepare cost estimates and bids for customers
• Collaborates with Design engineers and Manufacturing engineers on estimates as needed
• Creates Bills of Material (BOM) for cost estimates as needed
• Identifies and quantifies cost factors, such as production time, materials, and labor expenses
• Recommend ways to make a product more cost effective or profitable
• Evaluates a product’s cost-effectiveness or profitability
• Uses computer software to calculate estimates and helps develop new processes/tools for estimating
• Helps ensures integrity and accuracy of costs as well as related financial information
• Analyzes competitors, material, and other costs and market demand to develop costing model

KNOWLEDGE, SKILLS, AND ABILITIES Requires knowledge typically acquired through:

• Completion of a Bachelor’s degree from a four year college or university; or equivalent work experience
• Two to five years of experience; and/or equivalent combination of education and experience
• Understanding of manufacturing Bills of Material (BOM) and Labor Routings
• Ability to calculate figures and amounts such as discounts, profit margins, and percentages
• Knowledge to identify problems, collect data, establish facts, and draw valid conclusions
• Proficient in data analysis, skilled in Microsoft Excel and use of ERP systems. Experience with Costing or Pricing software

QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above 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.

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 sit, stand, talk, hear, walk, and use hands to finger, handle, or feel objects, tools, and controls, and reach with arms and hands. The employee may be required to occasionally lift and/or move from 10 to 25 pounds.

WORK ENVIRONMENT The work environment characteristics described here are representative of those an employee encounters while performing 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 may occasionally be exposed to moving mechanical parts, fumes, or airborne particles. The noise level in the work environment is usually moderate and travel is limited to less than 10-20%.

[Equal Opportunity Employer - Disability/Vet]

This job may require applicant to conform to U.S. Government export regulations, applicant must be a (i) U.S. citizen or national, (ii) U.S. lawful, permanent resident (aka green card holder), (iii) Refugee under 8 U.S.C. § 1157, or (iv) Asylee under 8 U.S.C. § 1158, or be eligible to obtain the required authorizations from the U.S. Department of State. Learn more about the ITAR here.