Cost Estimator

Omega Tool Corp.; Tecumseh; On-site; CAD 60,000 - 80,000; Full time

Benefits offered by this job

Benefits package

Pension package

Employee Assistance Program

On-site Parking

Signing bonus

Job summary

Omega Tool Corp is hiring a Cost Estimator in Tecumseh, Ontario. The role focuses on preparing full cost estimates, maintaining supplier pricing databases, and establishing unit costs, labor rates, and location impacts for tooling projects.

You will work closely with Program Management, Estimating, and Finance to improve consistency in the estimating and job costing process, while aiding the rollout of new software and ensuring compliance with safety and ISO quality standards.

Qualifications

• Secondary school or college diploma in a related discipline.
• Basic knowledge of Mold Design and Mold Making.
• 3-5 years of work experience in cost analysis and data analytics.

Responsibilities

• Receive RFQs and forward requests to appropriate departments.
• Prepare Estimating package with due date and customer details.
• Quote molds and parts and manage RFQ timelines.
• Collaborate with Purchasing for steel pricing and target pricing.
• Support implementation of new processes and software.

Skills

Unit cost forecasting

Data analytics

Cost analysis

Blueprint reading

Communication skills

Time management

Forecasting

Education

Secondary school or college diploma

Mold design knowledge

Automotive manufacturing experience

Tools

Microsoft Office

CAD/3D data interpretation

Job description

WE ARE HIRING!

Omega Tool Corp is the global leader in the engineering and manufacturing of plastics tooling. We offer solutions for complex tooling and plastic part challenges to world-class OEM and Tier 1 clients for over 40 years. As we continue to expand our footprint, we are recruiting top talent to join our team.

Job Details:

• Full-time, day shift, Monday-Friday
• Total comprehensive benefit package and pension package
• Employee Assistance Program
• On-site Parking
• Potential signing bonus available

Job Summary:

The Cost Estimator is responsible for the preparation and coordination of full cost estimates in addition to maintaining a database with current supplier pricing for materials and establishing unit costs, labor rates, productivity factors and location impacts. This Role also works closely with the Program Management, Estimating and Finance departments to perform a variety of tasks. This individual will be instrumental in improving consistency within the existing estimating, award process, as well as the job costing analysis. They will also play a key role with the implementation of new processes and software. This individual will comply with provincial and federal legislation, company and health & safety policies and ISO quality program and procedures.

Education and Experience

• Completion of secondary school and or college diploma in a related discipline
• Basic knowledge of and or experience of Mold Design and Mold Making
• 3-5 years of work experience in cost analysis and data analytics
• Automotive manufacturing experience is an asset

Required Knowledge, Skills and Abilities

• Proficient in computers with the ability to use various computer applications such as Microsoft Office, Visual, Viewing software, etc.
• Ability to read and interpret blueprints and 3D data.
• Knowledge of arithmetic, geometry, and their applications
• Capable of forecasting and solving problems
• Strong communication skills required, High attention to detail and accuracy.
• Time management skills with the ability to prioritize tasks.
• Ability to adapt and welcome change in a positive manner

Job Requirements and Responsibilities

• Receive RFQ’s from Sales or Customer direct
• Forward any request to appropriate department ex. data, feasibility, block-outs, steel delivery, special cost and timing requests
• Data transfer; log math data, prepare part sizes and print out/complete all necessary information for Estimating package with due date and the name of the customer of the cover sheet
• Prioritize due dates on the RFQ’s and quote accordingly
• Quote molds and parts appropriately
• Send out RFQ’s
  • to local, LCC mold shops for mold quotes
  • for prototype mold quotes to outside mold shops
  • for fixture quotes to outside fixture shops
• Process all the information received by the outside shops and quote accordingly to the Omega Customer
• Complete analysis of all LCC quotes to find best combination and cheapest price for entire mold builds
• Work with Purchasing for steel pricing and to send out target pricing to suppliers for entire tool builds
• Provide feedback to Management on upcoming programs (HPP), OLQ’s and target pricing from our customers (quote approval is required by Management for low profit quotes)
• Positively contribute to a healthy corporate culture by building trust, teamwork, respect, and continuous improvement within the department
• Other duties as assigned

****Wage range for this position is $60,000-$80,000