Cost estimating and forecasting analyst
Cost estimating and forecasting analyst

Cost estimating and forecasting analyst

Stevenage Full-Time 40000 £ / year No home office possible
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At a Glance

  • Tasks: Analyze and categorize costs for Weapon Systems and Munitions.
  • Company: Join a leading name in the defense industry with a strong reputation.
  • Benefits: Enjoy a competitive salary, bonuses, pension contributions, and excellent site facilities.
  • Why this job: Great opportunity for career growth and skill development in a dynamic environment.
  • Qualifications: Experience in Production and Engineering, familiarity with tools like SAP and Excel required.
  • Other info: British citizenship or dual nationality is necessary for security clearance.

Cost Estimating and Forecasting Analyst SALARY – UP TO £45,000! LOCATION – STEVENAGE, BRISTOL OR BOLTON What we can offer you: Company Bonus: Up to £2,500 (variable based on company performance each year). Pension: Maximum combined contribution (employer and employee) of up to 14%. Overtime: Opportunities for paid overtime. Facilities: Outstanding site facilities including subsidised meals, free car parking, and more. Training and Development: Excellent opportunities for career progression, training, and development. The role: This role involves supporting the Cost Engineering function by analysing, categorising, and recording costs within a centralised database, focusing on Weapon Systems, Munitions, and platform integration. Key responsibilities include normalising and cleaning NRC and RC data, establishing cost target brochures, defining cost bases for offers, and applying design-for-competitiveness principles throughout project life cycles. The role requires the ability to consistently and transparently categorise system elements for accurate cost comparisons and estimations. While deep expertise in all areas is not required initially, the successful candidate must develop a network of subject-matter experts to effectively fulfil the role. What we want from you: Experience working in Production and Engineering environments focused on Weapon System platforms (Maritime or Air) or Missiles. Familiarity with engineering and management tools such as SAP, P6, DRM, and MATRIX is advantageous. Demonstrated ability to enhance the credibility of cost estimating within an organisation. Proficiency in Microsoft Excel for managing diverse volumes of cost data is essential. For Security Clearance reasons to work this role you must have British citizenship or be a dual national with British citizenship This role is perfect If you're interested in working with one of the leading names in the defence industry, click "Apply Now

Cost estimating and forecasting analyst employer: Mane Contract Services

As a Cost Estimating and Forecasting Analyst, you will join a dynamic team in a leading defense company that values your contributions and offers a competitive salary of up to £45,000. With outstanding site facilities, including subsidised meals and free parking, along with excellent training and development opportunities, we foster a supportive work culture that encourages career progression. Our commitment to employee well-being is reflected in our generous pension scheme and performance-based bonuses, making this an ideal place for meaningful and rewarding employment.
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Contact Detail:

Mane Contract Services Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost estimating and forecasting analyst

✨Tip Number 1

Familiarize yourself with the specific cost estimating and forecasting tools mentioned in the job description, such as SAP and P6. Having a solid understanding of these tools will not only boost your confidence but also demonstrate your commitment to the role.

✨Tip Number 2

Network with professionals in the defence industry, especially those who have experience with Weapon Systems and Munitions. Building connections can provide you with valuable insights and potentially lead to referrals that could enhance your application.

✨Tip Number 3

Stay updated on the latest trends and developments in cost engineering and defence technologies. This knowledge will help you engage in meaningful conversations during interviews and show that you are proactive about your professional growth.

✨Tip Number 4

Prepare to discuss how you can enhance the credibility of cost estimating within an organization. Think of examples from your past experiences where you successfully improved processes or data accuracy, as this will resonate well with the hiring team.

We think you need these skills to ace Cost estimating and forecasting analyst

Cost Estimation
Data Analysis
Microsoft Excel Proficiency
Knowledge of Weapon Systems
Experience in Production and Engineering Environments
Familiarity with SAP
Project Management Skills
Attention to Detail
Analytical Skills
Design-for-Competitiveness Principles
Communication Skills
Ability to Build Networks with Subject-Matter Experts
Cost Data Normalisation and Cleaning
Understanding of Cost Target Brochures

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description and understand the key responsibilities and requirements. Tailor your application to highlight your relevant experience in Production and Engineering environments, especially related to Weapon Systems.

Highlight Relevant Experience: In your CV and cover letter, emphasize any experience you have with cost estimating, data analysis, and familiarity with tools like SAP, P6, DRM, and MATRIX. Provide specific examples of how you've contributed to cost management in previous roles.

Showcase Technical Skills: Since proficiency in Microsoft Excel is essential for this role, make sure to mention your skills in managing and analyzing cost data. If you have experience with advanced Excel functions or data visualization, include that as well.

Express Your Interest: In your cover letter, express your enthusiasm for working in the defence industry and your desire to contribute to the company's success. Mention how you can enhance the credibility of cost estimating within the organization.

How to prepare for a job interview at Mane Contract Services

✨Understand the Role

Make sure you have a clear understanding of the responsibilities of a Cost Estimating and Forecasting Analyst. Familiarize yourself with key terms like NRC, RC data, and design-for-competitiveness principles, as these will likely come up during the interview.

✨Showcase Relevant Experience

Be prepared to discuss your experience in Production and Engineering environments, especially related to Weapon Systems or Missiles. Highlight specific projects where you applied cost estimating techniques and how they contributed to project success.

✨Demonstrate Technical Proficiency

Since proficiency in Microsoft Excel is essential, be ready to discuss your skills in managing and analyzing cost data. You might even want to prepare examples of how you've used Excel to enhance cost estimating credibility in previous roles.

✨Network and Collaborate

Emphasize your ability to develop a network of subject-matter experts. Discuss how collaboration has played a role in your past work, particularly in enhancing cost estimation processes and achieving project goals.

Cost estimating and forecasting analyst
Mane Contract Services
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