Cost Estimating Analyst

Job Description

Job Description

We are looking for a detail-oriented Cost Estimating Analyst to join our client's team in Columbus, Indiana. In this role, you will play a key part in supporting new product development initiatives by delivering accurate and timely cost estimates throughout the project lifecycle. You will collaborate with cross-functional teams to ensure all costs are accounted for, enabling seamless manufacturing start-ups while driving cost efficiency.

Responsibilities :

• Create and maintain cost estimation templates to support project managers in developing accurate project budgets.
• Conduct thorough research and analysis to assist project managers with detailed cost estimates and price quotations.
• Participate actively in cross-functional meetings to gather updates on product designs and tooling requirements.
• Provide regular cost updates and status reports to support new product introduction activities.
• Maintain accurate cost data for existing products by reviewing production records and historical information.
• Build and sustain effective relationships with suppliers, internal departments, engineering, purchasing, quality assurance, and operations teams.
• Contribute to organizational cost reduction efforts by identifying opportunities for savings and process improvements.
• Collaborate with project management teams to streamline and enhance the cost estimation process.
• Perform additional duties as assigned to support organizational goals.
• Bachelor’s degree in Finance or a related field.
• Minimum of 2 years of experience in cost estimation for new product development and sustaining programs.
• Proficiency in using manufacturing ERP systems such as Plex or similar platforms.
• Strong analytical skills with a focus on cost analysis and price quotations.
• Familiarity with manufacturing processes, facilities, and associated costs.
• Effective communication and collaboration skills to work with cross-functional teams.
• Optional certifications such as Certified Cost Estimator / Analyst or Project Management certifications (PMP) are advantageous.
• Experience in the automotive industry is preferred.