Aerospace Cost Analyst: Strategic Estimating & BOM

Ontic Engineering & Manufacturing Inc; California; On-site; USD 85,000 - 110,000; Full time

Benefits offered by this job

Up to 29 days annual leave plus Bank/H

10 hours paid volunteering time

Annual goal share bonus scheme for all

24/7 Employee Assistance Program (EAP)

Discounts and offers from retailers

Job summary

Ontic Engineering & Manufacturing Inc. is seeking a Cost Analyst to develop accurate material and labor cost estimates for aerospace and defense products, repairs, and proposals.

The role requires collaboration across Engineering, Supply Chain, Program Management, Pricing, and Revenue Management to support competitive, profitable proposals. Responsibilities include building BOMs from Visual ERP, analyzing supplier quotes, leveraging historical data, and maintaining cost records with

Qualifications

• Bachelor’s degree in Finance, Business, Supply Chain, Engineering or a related field with at least 5 years of relevant experience.
• Advanced degree in a related field with at least 3 years of relevant experience.
• In lieu of a degree, at least 9 years of relevant experience.
• Experience in cost estimating, cost analysis, purchasing or manufacturing operations, preferably in aerospace and defense.
• Proficiency with Microsoft Excel, including cost models, data analysis and reconciliation; strong working knowledge of Microsoft Office applications.
• Ability to interpret engineering drawings, specifications, bills of material and manufacturing or repair documentation.
• Demonstrated ability to evaluate supplier quotations and historical cost or labor data and communicate cost reasonableness.
• Strong organizational, analytical and communication skills; ability to manage competing deadlines and present findings to leadership.

Responsibilities

• Prepare detailed material, labor and outside-processing cost estimates for new and repeat production, repair, and proposal requirements; document assumptions, sources and risks.
• Build, validate and export bills of material from Visual ERP into Excel; review quantities, part numbers, revisions, routings and potential duplicate or missing costs.
• Analyze supplier RFQs, quotations, minimum order quantities, lead times and cost breaks; assess proposed costs for fairness and reasonableness in partnership with Supply Chain.
• Leverage purchase history, work orders, actual labor performance, prior estimates and engineering documentation to develop defendable cost recommendations.
• Coordinate concurrent estimating and proposal activities with Program Management, Engineering, Purchasing and other functional stakeholders to meet proposal timelines.
• Maintain accurate and current RFQ costs, assumptions and supporting records in Visual ERP and associated estimating tools, ensuring traceability and data quality.
• Identify estimating gaps, cost escalation, obsolescence, manufacturing complexity and other risks; raise issues early and recommend appropriate cost contingencies.
• Prepare cost summaries and management briefings, explain major cost drivers and variances, and deliver approved estimate packages to Pricing and Revenue Management.

Job description

Ontic Engineering & Manufacturing Inc. is seeking a Cost Analyst to develop accurate material and labor cost estimates for aerospace and defense products, repairs, and proposals.

The role requires collaboration across Engineering, Supply Chain, Program Management, Pricing, and Revenue Management to support competitive, profitable proposals. Responsibilities include building BOMs from Visual ERP, analyzing supplier quotes, leveraging historical data, and maintaining cost records with