Costing & Estimation Engineer

Costing & Estimation Engineer

  • Posting Date: 25/03/2024
  • Ref: E9536
  • Position: Costing & Estimation Engineer
  • Location: Qatar
  • City: Doha
  • Sector: Manufacturing
  • Years of Experience 15+ Years
  • Qualification: Mechanical Engineering, Industrial Engineering, or related field
  • Salary: Undisclosed
  • Description:
    Responsibilities:
    1. Cost Analysis and Evaluation:
    - Conduct comprehensive cost analysis for metal manufacturing processes, including raw materials, labor, equipment, and overhead costs.
    - Analyze cost data to identify areas for cost reduction and efficiency improvement.
    - Provide cost estimates for new and existing products based on detailed analysis and market trends.
    2. Estimation and Proposal Development:
    - Prepare accurate and timely project estimates for bids and proposals.
    - Collaborate with the sales and engineering teams to develop competitive pricing strategies.
    - Ensure all estimates adhere to company policies, industry standards, and client requirements.
    3. Project Management Support:
    - Assist in the planning and scheduling of manufacturing projects, considering cost, resources, and timelines.
    - Monitor project progress, costs, and deviations from budgets.
    - Provide cost-related guidance and support to project managers and teams throughout project lifecycle.
    4. Vendor and Supplier Relations:
    - Evaluate supplier bids and proposals to ensure competitiveness and cost-effectiveness.
    - Negotiate pricing and contracts with suppliers to achieve optimal cost savings without compromising quality.
    - Maintain strong relationships with vendors and suppliers to facilitate smooth procurement processes.
    5. Documentation and Reporting:
    - Create detailed cost reports, including variance analysis and cost projections.
    - Maintain accurate records of cost data, estimates, and project documentation.
    - Prepare and present cost-related reports to management, highlighting key findings and recommendations.
    6. Continuous Improvement Initiatives:
    - Stay updated on industry trends, market conditions, and technological advancements related to metal manufacturing.
    - Identify opportunities for process improvements and cost optimization within the manufacturing environment.
    - Collaborate with cross-functional teams to implement best practices and drive continuous improvement initiatives.
    Requirements:
    - Bachelor's degree in Mechanical Engineering, Industrial Engineering, or related field. Master's degree preferred.
    - 15+ years of progressive experience in costing, estimation, and project management within the metals manufacturing industry.
    - Proven track record of successfully managing cost analysis, estimating projects, and delivering accurate proposals.
    - Expertise in cost modeling, cost estimation techniques, and financial analysis.
    - Strong proficiency in bilingual communication with fluency in Arabic and English (spoken and written).
    - Advanced skills in Microsoft Excel, cost estimation software, and ERP systems.
    - Excellent analytical, problem-solving, and decision-making abilities.
    - Exceptional attention to detail and organizational skills.
    - Ability to work collaboratively in a fast-paced environment while managing multiple priorities.
    More


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