Cost Estimator

Faxon Machining; Cincinnati (OH); On-site; USD 70,000 - 110,000; Full time

Job summary

Faxon Machining Estimator performs time, cost, and labor estimates for RFQs by reviewing customer blueprints, specs and data. The role involves determining material and labor requirements and working with sales, engineering and shop teams to ensure accurate pricing and feasible schedules.

Proficiency with reading blueprints, SolidWorks, Word and Excel is required; prior experience with DOD contracts (FAR/DFARS) is a strong plus. The position is based in Cincinnati, OH and requires on-site work.

Qualifications

• Bachelor degree or equivalent knowledge gained from experience related to estimating machining and fabrication jobs
• Advanced knowledge of machining processes, metal finishing, plating, heat treating; ability to read blueprints; proficiency with SolidWorks, Word and Excel
• Experience with DOD contracts (FAR, DFARS) is strongly desired

Responsibilities

• Review customer blueprints, specifications and data to determine material and labor requirements
• Reverse engineer from samples when drawings are not available
• Collaborate with sales, engineering, shop teams, vendors and customers to confirm requirements and pricing
• Identify cost factors, prepare quotations within deadlines and manage cost estimating database

Skills

Read blueprints

Pricing/estimating

DOD/FAR/DFARS knowledge

Communication

Education

Bachelor's degree or equivalent experience

Tools

SolidWorks

Microsoft Word

Microsoft Excel

Job description

PURPOSE:

The Estimator analyzes blueprints, job specifications and related data to prepare time, cost, and labor estimates for quoting customer request for quote (RFQ).

DUTIES/RESPONSIBILITIES:

• Reviews customer blue prints, specifications and all relevant data to determine material and labor requirements
• When drawings are not available, reverse engineers from sample products to develop the data necessary to quote a job
• Consults with sales team, engineering department, shop team members, vendors and customers as required to:

• confirm customer requirements and ensure expectations are fully understood
• review company's internal capabilities to ensure the job specifications can be met
• obtain accurate and competitive pricing on materials and outside services
• discuss changes and adjustments to cost estimates and quotations

• Accurately identifies cost factors, develops pricing and prepares quotations within specified time frames. Completes quote forms and compiles related information
• Organizes and manages a cost estimating database and a formal process to support cost estimating to ensure historical data is utilized and applied to future quotations
• Analyzes completed projects to compare estimated costs to actual costs and determine the reason for any discrepancies. Utilizes this information to identify cost trends and provide improvement recommendations to cost estimating procedures to reduce future discrepancies between estimated and actual cost

REQUIREMENTS:

• Bachelor degree or equivalent knowledge gained from experience related to estimating machining and fabrication jobs
• Advanced knowledge of machining processes, metal finishing, plating, heat treating; the ability to read blue prints; and proficiency with SolidWorks, Microsoft Word, and Microsoft Excel
• Previous experience with DOD contracts strongly desired (FAR, DFARS)
• Apply business management principles to define problems, collect data, establish facts, and draw valid conclusions
• Deal with several abstract and concrete variables
• Manage time effectively, in order to accomplish highest-priority goals and objectives
• Demonstrate effective spoken and written communication skills