Estimator (Materials Planner)

Precision Castparts Corp.; Paramount (CA); On-site; USD 68,770,000 - 91,693,000; Full time

Benefits offered by this job

Quarterly bonus plan

80 hours paid time off per year

10 paid holidays

Medical, dental, vision, and basiclife

Job summary

Precision Castparts Corp. is seeking a Cost Estimator to develop accurate manufacturing cost estimates and pricing proposals in response to RFQs and new business opportunities.

You will analyze engineering drawings, labor, materials, and processes to determine product costs and support strategic pricing decisions. You will collaborate with Engineering, Operations, Supply Chain, and Sales to ensure estimates are competitive and aligned with business objectives, while maintaining databases and

Qualifications

• Receives, reviews, and processes RFQs and cost estimates.
• Analyzes drawings, BOMs, routings, and specs to estimate costs.
• Projects material, labor, tooling, outside processing, and overhead costs.
• Develops pricing models using historical data and market trends.
• Validates labor standards, costs, and manufacturing assumptions with teams.
• Prepares analyses and quote packages for management review.

Responsibilities

• Review RFQs and cost estimate requests to determine scope.
• Develop cost estimates from drawings, specs, and BOMs.
• Calculate material, labor, tooling, and overhead costs.
• Create pricing models using historical data and market conditions.
• Collaborate with Engineering, Operations, Procurement, and Finance.
• Assess cost effectiveness and provide recommendations.
• Prepare cost analyses and quoting documentation for management.
• Support make-versus-buy analyses and cost improvements.
• Participate in cost-reduction initiatives and continuous improvement.
• Maintain estimating databases and supporting documentation.

Skills

Analytical thinking

Excel proficiency

Engineering drawings

Cross-functional collaboration

Cost analysis

Data analysis

ERP systems

Problem solving

Presentation skills

Time management

Education

High school diploma or GED

Associate’s degree preferred

Bachelor’s degree preferred

Tools

Oracle ERP

Job description

The Cost Estimator develops accurate manufacturing cost estimates and pricing proposals in support of customer requests for quotation (RFQs), new business opportunities, and production planning activities. This position analyzes engineering drawings, specifications, labor requirements, material costs, and manufacturing processes to determine product costs and support strategic pricing decisions. The Cost Estimator collaborates with Engineering, Operations, Supply Chain, and Sales to ensure estimates are accurate, competitive, and aligned with business objectives.

Primary Duties & Responsibilities

• Receive, review, and process customer RFQs and cost estimate requests.
• Analyze engineering drawings, specifications, bills of material, routing requirements, and technical documentation to develop cost estimates.
• Calculate material, labor, tooling, outside processing, subcontracting, and overhead costs required to manufacture products.
• Develop and maintain pricing models utilizing historical production data, market conditions, and cost estimating tools.
• Collaborate with Engineering, Operations, Procurement, and Finance to validate labor standards, material costs, and manufacturing assumptions.
• Assess the cost effectiveness of products, projects, and services by comparing estimated costs with actual performance results.
• Prepare cost analyses, quote packages, expenditure reports, and supporting documentation for management review.
• Review make-versus-buy opportunities and provide recommendations to improve cost competitiveness.
• Support vendor and subcontractor evaluations by developing cost comparisons and estimate analyses.
• Participate in cost reduction initiatives and continuous improvement projects.
• Maintain estimating databases, cost models, and supporting documentation.
• Present cost and pricing recommendations to management and support quote review meetings.
• Monitor market trends, material pricing, and manufacturing costs to support strategic pricing decisions.
• Coordinate with internal departments regarding estimate revisions and customer requirements.
• Other duties and special projects as assigned.

Required Skills:

• Strong analytical and problem-solving skills.
• Excellent mathematical aptitude and attention to detail.
• Ability to read and interpret engineering drawings, specifications, and technical documentation.
• Strong verbal and written communication skills.
• Ability to organize, prioritize, and manage multiple projects simultaneously.
• Proficient in Microsoft Excel; advanced spreadsheet and data analysis skills preferred.
• Working knowledge of ERP systems.
• Ability to evaluate manufacturing processes and identify cost-saving opportunities.
• Strong interpersonal skills with the ability to collaborate cross-functionally.
• Ability to use logic and reasoning to evaluate alternative solutions and make sound business recommendations.
• Strong presentation and reporting skills.
• Self-motivated with the ability to work independently and meet deadlines

Experience & Education

Required

• Highschool diploma or GED required
• Minimum of 3-5 years of cost estimating, manufacturing analysis, quoting, pricing, industrial engineering, or related experience in a manufacturing environment.
• Experience preparing cost estimates using engineering drawings, specifications, labor standards, and material costing.
• Proficiency with Microsoft Office applications, particularly Excel.

Preferred

• Associate’s degree in engineering, Industrial Technology, Business, Finance, Mathematics, or related field; Bachelor's degree preferred.
• Aerospace or forging industry experience.
• Experience with Oracle or other ERP systems.
• Knowledge of manufacturing processes, production planning, and cost accounting principles.
• Experience reading and interpreting technical drawings and specifications.

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 use hands to finger, handle, or feel; reach with hands and arms; and talk or hear. The employee frequently is required to sit. The employee is occasionally required to stand; walk; climb or balance; and stoop, kneel, crouch, or crawl. The employee must occasionally lift and/or move up to 35 pounds.

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 is occasionally exposed to airborne particles and vibration. The noise level in the work environment is usually moderate.

Precision Castparts Corp. is an equal opportunity employer commit ted to recruit, hire, train and promote in all job categories without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status or other status protected by applicable law.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or status as a protected veteran.

For informational purposes only, the range of pay for this role is $24.00 to $32.00 US Dollar (USD) Hourly based on a variety of factors. For informational purposes only, this role is eligible to participate in the Company’s Quarterly Cash Bonus Plan, paid out at the quarterly bonus factor of 1X the Company’s bonus multiple, based on the Company’s performance in the applicable quarter . Employees will receive 80 hours paid time off every year. Employees will also receive 10 paid holidays. Employees (and their families) are eligible to participate in the company's medical, dental, vision, and basic life insurance. Employees are eligible to enroll in the Company’s 401(k) plan.

This position requires use of information or access to production processes subject to national security controls under U.S. export control laws and regulations (including, but not limited to the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR)). To comply with those regulations, this position may require applicants to be U.S. Persons (i.e., U.S. citizens, U.S. lawful permanent residents, protected individuals as defined by 8 U.S.C. 1324b(a)(3)), or eligible to obtain the required export authorizations from the U.S. Department of State or the U.S. Department of Commerce.

Company Profile

With more than 120 operations and approximately 20, 000 employees worldwide, Precision Castparts Corp. is the market leader in manufacturing large, complex structural investment castings, airfoil castings, forged components, aerostructures and highly engineered, critical fasteners for aerospace applications. In addition, we are the leading producer of airfoil castings for the industrial gas turbine market. We also manufacture extruded seamless pipe, fittings, and forgings for power generation and oil & gas applications; commercial and military airframe aerostructures; and metal alloys and other materials for the casting and forging industries. With such critical applications, we insist on quality and dependability – not just in the materials and products we make, but in the people we recruit.

PCC is relentless in its dedication to being a high-quality, low-cost and on-time producer; delivering the highest value to its customers while continually pursuing strategic, profitable growth.

In 2016, Berkshire Hathaway, led by Chairman and CEO Warren E. Buffett, acquired Precision Castparts Corp.

Precision Castparts Corp. and its affiliates do not accept unsolicited resumes from search firms or employment agencies. Unsolicited resumes will become the property of Precision Castparts Corp & its affiliates, and no fee will be paid.

We are constantly searching for the best talent and offer excellent development programs for recent graduates as well as meaningful work experience for those still studying.