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Cost Estimator

Job in Fort Wayne, Allen County, Indiana, 46804, USA
Listing for: Diversified Recruitment Services, LLC
Full Time position
Listed on 2026-02-20
Job specializations:
  • Engineering
    Manufacturing Engineer
Salary/Wage Range or Industry Benchmark: 60000 - 80000 USD Yearly USD 60000.00 80000.00 YEAR
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
Required Qualifications
  • 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
Preferred Qualifications
  • Experience with value engineering and cost reduction initiatives
  • Knowledge of lean manufacturing and continuous improvement principles
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