Costing Engineer

  • Location


  • Sector:

    General engineering & manufacturing, Off highway

  • Job type:


  • Salary:

    £28k - 33k per year + numerous benefits

  • Contact:

    Kulbir Samra

  • Contact email:

  • Contact phone:


  • Salary high:


  • Salary low:


  • Job ref:


  • Published:

    about 1 month ago

  • Expiry date:


  • Consultant:


Job Title: Costing Engineer

Shifts: Days, Flexible start and finish times

Salary: £28'000 - £33'000

Location: Coalville

The successful candidate will receive extensive benefits package, including pension, life assurance, and much more as you would come to expect from a global employer

We are a diversified global manufacturer operating in two business segments, manufacturing a broad range of equipment for use in various industries, including the construction, infrastructure, quarrying, mining, shipping, transportation, refining, energy and utility industries.

We have manufacturing facilities in Europe, North America and Asia. The Centre of Excellence is based at our Coalville facility

Working with the relevant design, manufacturing and purchasing teams and reporting to the Engineering Manager, the jobholder will be responsible for providing full cost analysis of each new and existing machine. The jobholder will also be required to identify and execute significant cost down opportunities in fabricated assemblies, bought-in components and build efficiencies.

Main Duties & Responsibilities

  • Full cost analysis of existing products including standard Bills of Material, standard and non-standard options
  • Support new product development with costing analysis
  • Cost analysis / target pricing on all new and modified products
  • Provide forecasted costs for all machines using established costing templates
  • Creation of standard component engineering / cost libraries
  • Analyse and compare welding fabrications with regard to new designs
  • Review all sub-assemblies in terms of materials and labour costs
  • Work with the manufacturing and finance teams to identify sectional BoMs
  • Will be a key driver in cost down projects in the department.
  • Support Product Managers in generating pricing, Price Book updates as needed
  • Analysis of Purchase Price Variance and maintain cost trackers
  • Identify opportunities for value engineering or process efficiencies within existing as well as new product
  • Support the engineering team as requested by the engineering manager

Experience & Qualifications:

  • Proven experience of machine cost analysis
  • Proven ability to manipulate data and generate cost models
  • Strong computer skills especially MS excel
  • Strong planning and execution skills
  • The ability to prioritise work and thrive in a fast moving business to meet tight deadlines
  • Good English communication skills, both written and spoken
  • Good Presentation and interpersonal skills
  • Global outlook and exposure to different challenges & cultures

Knowledge, Skills and Abilities:

  • Self motivated and high energy
  • Ability to work within a team
  • Ability to work in an environment that is fluid with constantly changing priorities
  • Negotiation skills
  • Customer focus
  • Action Orientation
  • Excellent verbal and written skills
  • Ability to influence at all levels
  • Highest level of integrity, honesty and trust
  • Business Acumen, Drive for results, Excellent listening skills, Perseverance

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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