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Cost Estimator

Job in Cincinnati, Hamilton County, Ohio, 45208, USA
Listing for: Faxon Machining
Full Time position
Listed on 2026-08-22
Job specializations:
  • Engineering
    Estimator, Manufacturing Engineer
Salary/Wage Range or Industry Benchmark: 70000 - 110000 USD Yearly USD 70000.00 110000.00 YEAR
Job Description & How to Apply Below

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 Solid Works, 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
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