Prospero Engineering
19 Feb 2019
03 Mar 2019
Contract Type
Full Time

Milton Keynes Area

£up to 34k

Prospero Engineering have a fanatastic new vacancy for an Estimator to estimate engineering costs within a engineering and manufacturing context. The position is with a reputable employer in the Milton Keynes Area with a highly complex engineering function and your efforts will have a direct impact on profitability of the organisation

Main purpose:

The selected candidate will report to the Business Development Director. Successfully estimating a wide range of components, assembly and tooling costs, completing internal & external QAF’s. Also supporting Project Managers and Purchasing.

Key Responsibilities:


* Determine cost estimates during the design and development process, recommending cost effective solutions, including injection moulding techniques.

* Gather proposals, specifications and related documents liaising with Project Managers, Design and Purchasing etc., in order to convert the specifications to cost estimates for new products.

* Utilise cost methodologies, tools, and appropriate software models/packages to prepare and maintain reliable accurate data for management reviews.

* Establish cost estimates of proposed production processes and tooling costs and review alternatives, or put forward recommendations for improvement.

* Assess cost effectiveness of quotations and track actual costs relative to budget. Reporting the status on a regular basis to ensure costs are in line with forecasts during the project milestones.

* Provide cost estimates during change process and advise cost impact of changes. Track and monitor activity.

* Prepare and submit internal and customer QAF’s and liaise with customers on VFM issues.

Series Production

* Investigate and identify cost reduction opportunities through cost analysis review.

* Gather proposals, specifications and related documents and liaise with Project Managers, Business Development Team and Purchasing in order to convert specifications to cost estimates for production changes.

* Prepare cost and expenditure statements, reports and other necessary documentation at regular intervals and report to the business.

* Support all activities in cost estimating and take a proactive approach towards improvements.

* Liaise and support management decisions by providing appropriate cost information and data.

* Provide cost estimates during change process and advise of cost impact of changes. Track and monitor activity.

General - Support Projects and Series Production Activities

* Analyse supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimisation.

* Ensure supplier quotations meet ‘should cost’ estimates.

* Support supplier meetings and negotiations to challenge quotation prices and aim for cost reductions to meet target costs.

* Support and utilise experience to aid best practice in the supplier process in conjunction with members of the purchasing team.

Skills and Experience:

* Relevant business/commercial or manufacturing/engineering degree preferred, ONC, A Levels, City & Guilds Level 3, BTec National Diploma Level 3, IVQ Technician Diploma or equivalent NVQ level 3 qualification.

* Experience of cost estimating, ideally in an automotive, manufacturing or engineering environment.

* Good IT systems knowledge and skills including Excel and Access.

* Experienced in the use of spreadsheets, estimating pricing models and cost management tools.

* Able to show evidence of adding value and cost optimisation.

* Good communication skills with the ability to form and maintain good relationships internally and externally.

* Commercially and financially aware.

* Strong analytical skills.

* Strong technical mind-set and able to read and interpret technical data and translate to others.

* Highly numerate with the ability to research, assemble, manage and manipulate numerical information.

* Results orientated and organised with the ability to deliver against deadlines.

Please note all applicants must be eligible to live and work in the UK

Cost Engineer, Cost Engineering, Value Engineer, Value Engineering, VAVE, VA/VE, Procurement Engineer

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