Manufacturing Cost Engineer

Priority Dispatch Corp.; Knoxville (IA); On-site; USD 65,000 - 85,000; Full time

Job summary

A leading company in Knoxville is seeking a Manufacturing Cost Engineer to analyze manufacturing processes and costs. This role involves collaborating with finance and engineering teams to maintain cost records and perform variance analysis. Ideal candidates will have a relevant degree and strong communication skills.

Qualifications

• Bachelor’s degree in engineering, accounting or Finance preferred.
• Ability to effectively present information to individuals and groups.
• Familiarity with manufacturing processes including welding and assembly.

Responsibilities

• Research and analyze manufacturing costs for products.
• Work with finance to develop and maintain cost rates.
• Conduct variance analysis between actual and predicted costs.

Skills

Communication

Mathematical Skills

Computer Skills

Additional Skills

Education

Bachelor’s degree in engineering

Bachelor’s degree in accounting

Bachelor’s degree in Finance

Tools

Microsoft Office

SolidWorks

Job description

Job Details

Job Location: Knoxville, IA

Position Type: Full Time

Salary Range: Undisclosed

Job Shift: Day (1st)

Description

SUMMARY

The Manufacturing Cost Engineer is responsible for understanding the process of manufacturing a particular product, then collecting and analyzing data to estimate the cost of manufacturing that product.

ESSENTIAL DUTIES AND RESPONSIBILITIES

• Research and understand how parts are manufactured and the costs associated with each part of the manufacturing process, including raw materials, labor, equipment, tooling and other associated costs.
• Work with finance to develop and maintain current material and labor cost rates.
• Complete cost analysis for new products, components and assemblies.
• Work with engineering, production and sales to cost existing weldments, assemblies and kits.
• Create and maintain costing records and report cost/price analysis.
• Maintain familiarity and working knowledge of bill of materials and routings.
• Audit and update existing costings, on manufactured parts, weldments and assembly.
• Perform variance analysis between actual and predicted costs.
• Conduct cost system reviews and margin and productivity improvement studies. Provide data to management and engineering to help manage the cost impact of engineering changes.
• Analyze cost variances and recommend corrective actions to improve those variances.

SUPERVISORY REPONSIBILITIES

This job does not have supervisory responsibilities.

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.

The employee is required to talk and hear both in person and over the phone. The employee is frequently required to sit, type, reach and use hands and fingers. The employee is regularly required to stand and walk. The employee may occasionally be required to lift/move up to 20 pounds.

WORK ENVIRONMENT

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.

The environment is typical for office administrative work; the employee is not substantially exposed to adverse environmental conditions. However, while performing a portion of the duties of this job, the employee may be exposed to loud noises, moving mechanical parts and fumes or airborne particles. Certain areas require the use of personal protective equipment, such as safety glasses.

This job description reflects management’s assessment of essential functions; it does not prescribe or restrict the tasks that may be assigned.

Qualifications

EDUCATION and/or EXPERIENCE

Bachelor’s degree in engineering, accounting or Finance or comparable related business experience in a manufacturing industry preferred.

CERTIFICATES, LICENSES, REGISTRATION

None

COMMUNICATION SKILLS

Ability to read, write and comprehend documents and correspondence. Ability to effectively present information to internal and external individuals and groups. Ability to provide informative and professional assistance when working with the public/customers and co-workers and maintain positive interpersonal relationships.

MATHEMATICAL SKILLS

Ability to add, subtract, multiply and divide in all units of measure, using whole numbers, common fractions and decimals.

COMPUTER SKILLS

Microsoft Office including, but not limited to Word, Excel and Outlook.

Working knowledge of SolidWorks or ability and desire to learn.

ADDITIONAL SKILLS

Ability to talk with many different types of people and challenge engrained thinking. Inquisitive, fast learner, strong personality and exhibits pride of ownership in their work. Familiarity with equipment and processes for the manufacturing of parts, including welding, paint, assembly and machine shop equipment including lathes, machining centers, benders and other operations.