More jobs:
Cost Estimator
Job in
Fort Wayne, Allen County, Indiana, 46804, USA
Listed on 2026-02-20
Listing for:
Diversified Recruitment Services, LLC
Full Time
position Listed on 2026-02-20
Job specializations:
-
Engineering
Manufacturing Engineer
Job Description & How to Apply Below
We are seeking a detail-oriented Cost Estimator with strong experience in product quoting and new product costing within the automotive manufacturing environment. This role plays a critical part in supporting pricing strategy, competitive bid development, and profitability analysis across current and new product lines. The ideal candidate has a strong understanding of manufacturing cost structures, product costing methodologies, and collaborates closely with engineering, sales, purchasing, and operations teams to develop accurate, competitive cost estimates.
Key Responsibilities- Prepare detailed and accurate cost estimates and customer quotes for new and existing automotive products
- Develop comprehensive cost models including material, labor, overhead, tooling, and capital investment requirements
- Partner with engineering and program management during new product launches to validate cost assumptions and feasibility
- Analyze Bills of Materials (BOMs), routings, cycle times, and manufacturing processes to ensure accurate cost projections
- Lead cost analysis support for RFQs, including full cost breakdowns, margin analysis, and pricing recommendations
- Evaluate supplier quotes and material costs to ensure alignment with cost targets
- Identify cost drivers and provide recommendations for cost reduction and value engineering initiatives
- Support make-versus-buy analysis and capital justification reviews
- Maintain cost databases, assumptions, and estimating tools to ensure consistency and accuracy
- Assist with post-award reviews to compare estimated vs. actual costs and refine future estimating models
- Prepare reports and presentations for leadership to support pricing strategy and bid decisions
- Bachelor’s degree in Accounting, Finance, Engineering, or related field
- 3+ years of experience in cost estimating, product costing, or quoting within a manufacturing environment
- Proven experience supporting RFQs and new product launches
- Automotive industry experience strongly preferred
- Strong understanding of manufacturing cost structures (material, labor, overhead, tooling)
- Experience with ERP systems (SAP, Oracle, JD Edwards, or similar)
- Strong analytical, organizational, and problem-solving skills
- Experience with value engineering and cost reduction initiatives
- Knowledge of lean manufacturing and continuous improvement principles
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