Cost Engineer

Cost Engineer

Full-Time 34000 - 46000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Calculate costs and ensure technical compliance for exciting engineering projects.
  • Company: Join a dynamic team at a leading engineering firm in Whetstone.
  • Benefits: Competitive salary, opportunities for travel, and professional growth.
  • Why this job: Make a real impact by supporting innovative engineering solutions.
  • Qualifications: Engineering degree preferred, with strong project management and communication skills.
  • Other info: Engage in a collaborative environment with opportunities to attend trade shows.

The predicted salary is between 34000 - 46000 £ per year.

£40,000 - £50,000 per annum (Depending on Experience)

Reporting to the Manufacturing Engineering Manager

Job Description

Determine technical compliance and provide cost estimates for the project, product & service. Research prices of various components, acquire relevant quotes from vendors & contractors, and calculate internal processing costs. Support the Commercial & Engineering teams with proposals, understand customer specifications, and calculate the final budget for the project, product, or service.

Responsibilities

  • Obtain & understand customers' requirements, removing all ambiguity via written or verbal communications.
  • Read/analyse and understand customer technical drawings and specification documents.
  • Lead complex quote processes with Commercial & Engineering teams, along with Purchasing & Suppliers.
  • Build and present technical and cost proposals to the Commercial team (and customers where necessary) in a clear & concise manner.
  • Upon order receipt, communicate the planned route to the Engineering & Manufacturing departments to allow for smooth transition for order execution.
  • Keep informed of Supplier capabilities, pricing & performance.
  • Complete and deliver accurate estimates in a timely and effective manner.
  • Provide Engineering support to the Commercial team, able to complete simple cost and technical estimates.
  • Ability to identify competitors' strengths & weaknesses.
  • Attend Trade Shows.
  • Comply with Health & Safety.
  • Understand Key Customers' products and services.
  • Respond to customers and co-workers in a timely and professional manner.

Skills required

  • Engineering degree in a STEM subject (preferred Photonics or Mechanical Engineering).
  • Competent in Project Management.
  • Ability to lead all cost and technical estimates.
  • Proficient knowledge of fabrication and coating technical capabilities.
  • Self-driven / ability to take on new responsibilities.
  • Advanced MS Office, ERP/MRP.
  • Preference given to those with CAD or Solidworks.
  • Ability to have a vision and strategy to motivate others. Lead and motivate.
  • Able to travel internationally to visit customers and suppliers.
  • Excellent spoken and written English.

Cost Engineer employer: ROSE & YOUNG RECRUITMENT LTD

As a Cost Engineer at our Whetstone location, you will join a dynamic team that values innovation and collaboration, offering a competitive salary of £40,000 - £50,000 per annum. Our company fosters a supportive work culture that encourages professional growth through continuous learning opportunities and exposure to cutting-edge projects. With a commitment to employee well-being and a focus on maintaining a healthy work-life balance, we provide a unique environment where your contributions are recognised and rewarded.
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Contact Detail:

ROSE & YOUNG RECRUITMENT LTD Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer

✨Tip Number 1

Network like a pro! Reach out to your connections in the engineering field, especially those who work in cost estimation or project management. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your technical knowledge and understanding of customer requirements. Be ready to discuss how you can lead complex quote processes and present clear proposals – this will show you're the right fit for the role!

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your values and career goals. Use our website to find roles that excite you, and tailor your approach to each one – it’ll make a world of difference!

✨Tip Number 4

Stay updated on industry trends and supplier capabilities. This knowledge not only helps in interviews but also shows potential employers that you're proactive and genuinely interested in the field of cost engineering.

We think you need these skills to ace Cost Engineer

Cost Estimation
Technical Compliance
Research Skills
Communication Skills
Technical Drawing Analysis
Project Management
Proposal Development
Supplier Management
Engineering Support
Competitor Analysis
Health & Safety Compliance
STEM Degree (Photonics or Mechanical Engineering)
Fabrication and Coating Knowledge
Advanced MS Office
ERP/MRP Systems
CAD or Solidworks Proficiency

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Cost Engineer role. Highlight your engineering degree, project management skills, and any relevant experience with cost estimates or technical proposals. We want to see how your background aligns with our needs!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for the role. Mention specific projects where you've demonstrated your ability to lead cost estimates and communicate effectively with teams. We love a good story!

Show Off Your Technical Skills: Don’t forget to showcase your technical skills in your application. If you’ve got experience with CAD, Solidworks, or ERP/MRP systems, make sure to mention it. We’re looking for someone who can hit the ground running!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications and ensures you get all the updates directly from us. Plus, it’s super easy!

How to prepare for a job interview at ROSE & YOUNG RECRUITMENT LTD

✨Know Your Numbers

As a Cost Engineer, you'll need to demonstrate your ability to crunch numbers and provide accurate estimates. Brush up on your cost estimation techniques and be ready to discuss how you would approach calculating costs for various components. Bring examples of past projects where you successfully managed budgets.

✨Understand the Technical Specs

Make sure you’re familiar with reading and analysing technical drawings and specifications. Before the interview, review any relevant materials or CAD designs you can find. Being able to discuss these confidently will show that you can bridge the gap between engineering and commercial teams.

✨Communicate Clearly

Effective communication is key in this role. Practice explaining complex ideas in simple terms, as you’ll need to present proposals to both technical and non-technical audiences. Consider doing mock interviews with friends or colleagues to refine your delivery.

✨Stay Updated on Industry Trends

Keep yourself informed about the latest trends in engineering and cost management. Research competitors and their strengths and weaknesses, as this knowledge could come in handy during your interview. Showing that you’re proactive about industry developments will impress your interviewers.

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