Cost Estimator

Magna International Inc.; Alto (MI); On-site; USD 42,000 - 65,000; Full time

Job summary

Magna Mechatronics & Mirrors is seeking an entry-level Cost Estimating Coordinator to support cost estimation activities for new and existing products. You will gather supplier quotations, compile manufacturing data, and maintain cost databases, working with Purchasing, Engineering, Manufacturing, Program Management, and suppliers to ensure accurate information for estimates.

Responsible for data accuracy, record-keeping, and timely reporting to support cost analysis and estimating.

Qualifications

• Attention to detail and accuracy required.
• Proficient in Excel and Outlook.
• Able to organize and manage multiple projects and priorities.
• Strong analytical and problem-solving skills.
• Effective verbal and written communication.
• Ability to work collaboratively with internal departments and external suppliers.
• Basic understanding of manufacturing processes and cost drivers preferred.
• Ability to handle confidential information with discretion.

Responsibilities

• Collect, organize, and maintain supplier quotations, pricing information, and supporting documentation.
• Coordinate quote requests with suppliers, purchasing, engineering, and other internal business partners.
• Track quotation activity and follow up on open requests to ensure timely responses.
• Enter, update, and maintain cost and pricing data within company systems and databases.
• Prepare reports, spreadsheets, and summaries to support cost analysis and estimating activities.
• Assist with gathering labor, material, tooling, freight, and overhead information used in cost development.
• Maintain electronic and physical records of quotations, cost models, and supporting documentation.
• Verify data accuracy and completeness prior to submission for analysis and review.
• Support new product launches by coordinating cost-related information and documentation.
• Assist with special projects, process improvements, and data audits as assigned.
• Collaborate with Manufacturing, Engineering, Program Management, Purchasing, and Sales teams to obtain information required for estimates.
• Ensure confidentiality and proper handling of proprietary pricing and cost information.

Skills

Attention to detail

Analytical thinking

Verbal and written communication

Multitasking

Collaborative work

Education

Associate degree in Business, Supply Chain, Accounting, Manufacturing Technology, Engineering Technology, or equivalent

Tools

Microsoft Excel

Microsoft Outlook

Job description

Job descriptions may display in multiple languages based on your language selection. What we offer: At Magna, you can expect an engaging and dynamic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are. Group Summary: Magna Mechatronics & Mirrors develops intelligent access and vision systems that enhance vehicle safety, functionality, and user interaction. As a global automotive supplier and full-system partner, Magna brings together expertise across Mechatronics and Mirror systems to deliver integrated solutions that support the evolution of vehicle architectures.

Job Responsibilities

JOB SUMMARY: The Cost Estimating Coordinator provides administrative and data support for the cost estimating function. This position assists in gathering supplier quotations, collecting manufacturing and engineering data, maintaining cost databases, and preparing information used in the development of cost estimates for new and existing products. The role works closely with Purchasing, Engineering, Manufacturing, Program Management, Account Management, and suppliers to ensure accurate and timely collection of cost-related information. This entry-level position serves as a support resource to the Cost Analyst and Cost Estimator by coordinating information, maintaining records, and ensuring data accuracy throughout the quoting and cost estimation process.

ESSENTIAL JOB DUTIES AND RESPONSIBILITIES

• Collect, organize, and maintain supplier quotations, pricing information, and supporting documentation.
• Coordinate quote requests with suppliers, purchasing, engineering, and other internal business partners.
• Track quotation activity and follow up on open requests to ensure timely responses.
• Enter, update, and maintain cost and pricing data within company systems and databases.
• Prepare reports, spreadsheets, and summaries to support cost analysis and estimating activities.
• Assist with gathering labor, material, tooling, freight, and overhead information used in cost development.
• Maintain electronic and physical records of quotations, cost models, and supporting documentation.
• Verify data accuracy and completeness prior to submission for analysis and review.
• Support new product launches by coordinating cost-related information and documentation.
• Assist with special projects, process improvements, and data audits as assigned.
• Collaborate with Manufacturing, Engineering, Program Management, Purchasing, and Sales teams to obtain information required for estimates.
• Ensure confidentiality and proper handling of proprietary pricing and cost information.
• Perform all duties and responsibilities outlined above, as well as other related responsibilities and assignments as directed by management or authorized personnel.

QUALIFICATIONS

• Strong attention to detail and accuracy.
• Proficient in Microsoft Excel and Outlook.
• Ability to organize and manage multiple projects and priorities.
• Strong analytical and problem-solving skills.
• Effective verbal and written communication skills.
• Ability to work collaboratively with internal departments and external suppliers.
• Basic understanding of manufacturing processes and cost drivers preferred.
• Ability to handle confidential information with discretion.

EDUCATION/EXPERIENCE

• Associate degree in Business, Supply Chain, Accounting, Manufacturing Technology, Engineering Technology, or equivalent experience preferred.

Awareness, Unity, Empowerment: At Magna, we believe that a diverse workforce is critical to our success. That’s why we are proud to be an equal opportunity employer. We hire on the basis of experience and qualifications, and in consideration of job requirements, regardless of, in particular, color, ancestry, religion, gender, origin, sexual orientation, age, citizenship, marital status, disability or gender identity.

Magna takes the privacy of your personal information seriously.

Worker Type: Regular / Permanent Group: Magna Mechatronics, Mirrors & Lighting

We see a future where everyone can live and move without limitations. That’s why we are developing technologies, systems and concepts that make vehicles safer and cleaner, while serving our communities, the planet and, above all, people. In the right environment, your ideas can turn into industry-changing automotive technologies and improve the lives of people around the world. Let's create the future of mobility, together. Learn more about us: Sustainability Innovation Interview-Tips

AI-Assisted Screening Disclosure As part of our commitment to a fair, consistent, and efficient recruitment process, we may use artificial intelligence (AI) tools to assist in the initial screening of applications submitted through our Workday system. These tools help identify qualifications and experience that align with the role requirements. Please note that AI is used solely to support our recruiters. Final decisions are always made by the hiring manager and the hiring team. Importantly, no applicant data is shared externally through these AI tools. All information remains securely within our systems and is handled in accordance with our privacy and data protection policies. Under conditions defined by applicable law, you may have the right to request an explanation of how AI is used to support decision-making. If you have any questions or concerns about this process, feel free to contact our Talent Attraction team.