Costing Estimation Engineer

Costing & Estimation Engineer • Posting Date: 12/03/2024 • Ref: E9536 • Position: Costing & Estimation Engineer • * Location: Qatar • City: Doha • * Sector: Manufacturing • Years of Experience 15+ Years • * Qualification: Mechanical Engineering, Industrial Engineering, or related field • Salary: Undisclosed • * Description: Responsibilities: 1. Cost Analysis and Evaluation: - Conduct comprehensive cost analysis for metal manufacturing processes, including raw materials, labor, equipment, and overhead costs. - Analyze cost data to identify areas for cost reduction and efficiency improvement. - Provide cost estimates for new and existing products based on detailed analysis and market trends. 2. Estimation and Proposal Development: - Prepare accurate and timely project estimates for bids and proposals. - Collaborate with the sales and engineering teams to develop competitive pricing strategies. - Ensure all estimates adhere to company policies, industry standards, and client requirements. 3. Project Management Support: - Assist in the planning and scheduling of manufacturing projects, considering cost, resources, and timelines. - Monitor project progress, costs, and deviations from budgets. - Provide cost-related guidance and support to project managers and teams throughout project lifecycle. 4. Vendor and Supplier Relations: - Evaluate supplier bids and proposals to ensure competitiveness and cost-effectiveness. - Negotiate pricing and contracts with suppliers to achieve optimal cost savings without compromising quality. - Maintain strong relationships with vendors and suppliers to facilitate smooth procurement processes. 5. Documentation and Reporting: - Create detailed cost reports, including variance analysis and cost projections. - Maintain accurate records of cost data, estimates, and project documentation. - Prepare and present cost-related reports to management, highlighting key findings and recommendations. 6. Continuous Improvement Initiatives: - Stay updated on industry trends, market conditions, and technological advancements related to metal manufacturing. - Identify opportunities for process improvements and cost optimization within the manufacturing environment. - Collaborate with cross-functional teams to implement best practices and drive continuous improvement initiatives. Requirements: - Bachelor's degree in Mechanical Engineering, Industrial Engineering, or related field. Master's degree preferred. - 15+ years of progressive experience in costing, estimation, and project management within the metals manufacturing industry. - Proven track record of successfully managing cost analysis, estimating projects, and delivering accurate proposals. - Expertise in cost modeling, cost estimation techniques, and financial analysis. - Strong proficiency in bilingual communication with fluency in Arabic and English (spoken and written). - Advanced skills in Microsoft Excel, cost estimation software, and ERP systems. - Excellent analytical, problem-solving, and decision-making abilities. - Exceptional attention to detail and organizational skills. - Ability to work collaboratively in a fast-paced environment while managing multiple priorities.