Purpose:
The Cost Engineer/Estimator supports the Ulven Forging team and is accountable for the complete estimating life‐cycle: Request for Quotation (RFQ) to Quote, to Sales.
Responsibility:
This role coordinates, directs and leads estimating efforts to ensure optimum costing and coordination of projects and programs to ensure Ulven Forging meets customer expectations and manufacturing requirements.
Job Description :
Position Summary:
- Define Cost Estimate Scope: Define the project scope, time period, phases to be estimated, communication channels, and establish any boundaries for estimates or project requirements. Estimates are typically completed in 24‐48 hours.
- Define Assumptions or Constraints: Identify any schedule or budget constraints, and how those will be resolved.
- Develop Cost Element Structure: Identify everything defined in the scope to be costed.
- Collect and Monitor Data: Collect and monitor data, manage risks, identify (if necessary)contingency plan, control changes and communication. Measure and report on progress.
- Develop Cost Estimating Relationships: Use cost data to develop formulas/equations entered into the cost model. Formulas/Equations will be the basis for estimating costs as a function of Ulven systems and service level.
- Document Approach: Provide documentation for each cost element, indicating sources of data, assumptions used and any other methodology or analysis.
- Customer Review: Ensure that all expected costs have been properly presented to Customer for Review/Approval/Acceptance of the estimate.
- Finalize Cost Estimate: Finalize the cost estimate. Maintain all files, data related to this project.
- Primary Responsibilities:
- Assist in preparing cost data for proposals and contract negotiations.
- Determine project scope, define requirements, works with UFI team and others to coordinateproduction, meet deadlines and customer requirements.
- Follow the Estimating life‐cycle in accordance with prescribed standards and procedures.
- Establish quote priorities based on evaluation and analysis of overall opportunities.
- Develop and implement requirements for cost recording, reporting, and analyzing standards,programs, and reports. Performs performance monitoring and control functions for specificapplications, including the consistent use of applicable procedures.
- Provide financial reporting, trending data. Perform data analysis and development.
Job Type: Full-time
Pay: AED2,500.00 - AED3,000.00 per month
Experience:
- Estimation: 5 years (Required)