Cost Engineer

40000.00 - 45000.00 GBP Annual + Full Comprehensive Benefits
09 Nov 2016
06 Dec 2016
Contract Type
Full Time
Position: Cost Estimator x 2
Term: Permanent (Contractors also considered)
Location: Warwickshire
Remuneration: cGBP45K pa & Full Benefits

Our Client, a World recognised and respected Automotive OEM Manufacturer based in rural Warwickshire actively seek two professional and experienced Cost Estimator / Cost Engineers on a permanent basis. A hugely important role, expertise in bottom-up Cost Estimation is essential. Your expertise will be rewarded with a competitive, albeit negotiable basic salary based upon relevant experience together with a full and comprehensive benefits package. Those candidates preferring to contract may also be considered.

Your job responsibilities will include;
-Cost Estimates - by analysing how much a component should cost to manufacture. Estimate the material used, process time, overheads and profit. This is then reviewed with the Supplier and compared with the QAF.
-Benchmarking - compare similar components within the company parts library. Also look at competitor vehicles through 'tear-down' exercises. This then results in a 'benchmark' cost for the component.
-Quotation Analysis - they receive QAFs (Quotation analysis forms) from their suppliers. These should be analysed for Value for money. Through supplier visits the Estimator can confirm the content of the QAF and look for "waste" processes and commercial opportunities.
-Supplier Business reviews - compile supplier business review documentation identifying by cost driver where the supplier incurs the cost of manufacturing company products across their total business model and review ways to reduce these costs.
-Supplier visits.
-VSM (Value Stream mapping) Cost down - together with the Supplier, the Estimator maps the current and future state maps identifying ways to improve processes and drive down costs.
-Engineering support - to provide guidance to the Engineer of the most cost effective way of producing a component. All cost down modifications must payback incremental costs within one year of introduction.

Qualifications and Experience ideally required:
-A Degree qualification in Engineering or Business is preferable, although those without this qualification, but with relevant working experience will be considered.
-You should ideally have experience working in the Automotive industry or a closely aligned industry sector with knowledge of Cost Estimating / Cost Engineering / Cost Down or equivalent.
-Working knowledge of Excel and Word is required.
-Use of Access would be an advantage.
-You will need the ability to negotiate and review data with all levels of Management.
-Full Driving license.

This position is available with immediate effect.

To APPLY, please contact Jason Seed DipRP, DipRSA, FIRP; Director of Forbes HR Ltd on:
Telephone: (Apply online only)
Mobile: (Apply online only)

Forbes HR Ltd is committed to equal opportunities

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