Cost Engineer

  • Location


  • Sector:

    Metals industry

  • Job type:


  • Salary:

    £40k - 42k per year + benefits

  • Contact:

    Scott McIntee

  • Contact email:

  • Contact phone:

    01384 446180

  • Job ref:


Due to continued growth this advanced alloy metal component manufacturer are seeking a dynamic Cost Engineer.

The Role

As a Cost Engineer, you will collect and analyse data and information in order to estimate costs associated with manufacturing purchased parts. Your key responsibilities will be:

Responsibilities as Cost Engineer:

•    Determine cost estimate targets during the design and development process, recommending cost effective solutions, including sourcing routes
•    Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products 
•    Utilise cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data 
•    Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts 
•    Investigate and identify cost reduction opportunities through cost analysis review 
•    Prepare cost and expenditure statements, reports and other necessary documentation at regular intervals to share with others in the business 

Skills and Attributes:

•    Good communication skills with the ability to form and maintain good relationships internally and externally 
•    Engages interest and participation of others and has a collaborative approach to working with others 
•    Good interpersonal, negotiation and influencing skills 
•    Commercially and financially aware with strong analytical skills 
•    Highly numerate with the ability to research, assemble manage and manipulate numerical information 
•    Knowledge of estimating techniques 
•    Results orientated and organised with the ability to deliver against deadlines 

Qualifications and Experience Levels:

•    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
•    Some previous experience of cost estimating in a manufacturing, automotive or engineering environment 
•    Good IT systems knowledge and skills including advanced Excel skills: MRP and PLM experience would be advantageous
•    Ideally experienced in the use of spreadsheets, estimating pricing models and cost management tools 
•    Knowledge and understanding of a variety of manufacturing/automotive processes and components and ability to evaluate and analyse associated costs 


Please apply as soon as possible to be considered for this attractive Cost Engineer role.

Your CV will be forwarded to Jonathan Lee Recruitment, a leading engineering and manufacturing recruitment consultancy established in 1978. The services advertised by Jonathan Lee Recruitment are those of an Employment Agency.

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