Cost Engineer - 30K-40K

Cost Engineer - 30K-40K

Whetstone Full-Time 24000 - 40000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Estimate project costs, research components, and support the Commercial Engineering team.
  • Company: Join a dynamic team in Whetstone, Leicestershire, focused on innovative engineering solutions.
  • Benefits: Competitive salary, opportunities for growth, and a collaborative work environment.
  • Why this job: Be part of exciting projects, develop your skills, and make a real impact in engineering.
  • Qualifications: Degree in engineering preferred, with experience in opto-mechanical components and strong analytical skills.
  • Other info: Valid driver's license and passport required; must thrive under pressure and meet deadlines.

The predicted salary is between 24000 - 40000 £ per year.

Job Description

Cost Engineer, 30K-40K doe, based Whetstone, Leicestershire

Our client is looking for a Cost Engineer to provide estimates for the costs of a project, products and services. Researching the prices of the various components involved, acquiring the relevant estimates and quotes from vendors and contractors. Support the Commercial Engineering teams with proposals, tracking costs, understanding the customer's specifications and calculating the final budget for the project, product or service. As required present your analysis to support conclusions made.

What You'll Need:

?Degree in engineering (preferred photonics),

?Preferred experience with opto-mechanical components and lasers.

?Ability to lead complex quote processes with Commercial/Engineering team, along with Purchasing our suppliers.

?Ability to read, analyse and interpret general business periodicals, professional journals, and technical procedures. Ability to write reports, business correspondence, and procedure manuals. Ability to effectively present information and respond to questions from groups of managers, customers and the general public.

?Ability to define problems, collect data, establish facts, and draw valid conclusions. Ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.

?The ability to work under pressure to meet set goals, budgets and deadlines

?Proficiency with word processing, spreadsheet or estimating software

?The ability to read technical drawings and develop cost estimates

?The ability to manage time well and multitask

?Analytical skills

?Attention to detail

?Valid drivers license

?Valid Passport

What You'll Do:

?Provide engineering support for the Commercial team

?Communicate and discuss complete specifications to Engineering Manufacturing departments

?Understand key customers products and services

?Communicate with Commercial Engineering to consolidate specs and recommend configurations

?Prepare quote package including drawings, cost estimates and any other required documentation

?Keep informed of supplier pricing, products, and services

?Drive the correct 8020 qualification of opportunities as appropriate.

?Respond to customers and co-workers in a timely and professional manner.

?Actively participates in all customer support programs including development projects.

?Comply with health and safety policies and procedures

'submit accurate expense reports on a timely basis.

'support company values including ethical conduct and high integrity in all actions.

Cost Engineer - 30K-40K employer: SmartSourcing Ltd

Our company is an exceptional employer located in Whetstone, Leicestershire, offering a dynamic work environment that fosters collaboration and innovation. We prioritise employee growth through continuous training and development opportunities, ensuring our team members are equipped to excel in their roles. With a strong commitment to ethical conduct and a supportive culture, we provide a rewarding workplace where your contributions truly matter.
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Contact Detail:

SmartSourcing Ltd Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer - 30K-40K

✨Tip Number 1

Familiarise yourself with the specific requirements of the Cost Engineer role, especially in relation to opto-mechanical components and lasers. This will help you demonstrate your understanding of the industry during interviews.

✨Tip Number 2

Network with professionals in the engineering field, particularly those who have experience in cost estimation. Attend relevant industry events or join online forums to make connections that could lead to job opportunities.

✨Tip Number 3

Prepare to discuss your analytical skills and attention to detail in interviews. Be ready to provide examples of how you've successfully managed complex quote processes or interpreted technical instructions in previous roles.

✨Tip Number 4

Research our company values and be prepared to discuss how your personal values align with them. Showing that you understand and embody our commitment to ethical conduct and integrity can set you apart from other candidates.

We think you need these skills to ace Cost Engineer - 30K-40K

Cost Estimation
Project Budgeting
Vendor Management
Technical Drawing Interpretation
Opto-Mechanical Component Knowledge
Laser Technology Understanding
Analytical Skills
Attention to Detail
Report Writing
Effective Communication
Time Management
Multitasking
Problem-Solving Skills
Proficiency in Estimating Software
Ability to Work Under Pressure

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience and skills that align with the Cost Engineer role. Emphasise any experience with opto-mechanical components, lasers, and your ability to manage complex quote processes.

Craft a Strong Cover Letter: Write a cover letter that specifically addresses the job description. Mention your degree in engineering, your analytical skills, and your attention to detail. Explain how your background makes you a great fit for the role.

Showcase Technical Skills: In your application, highlight your proficiency with word processing, spreadsheet, or estimating software. Provide examples of how you've used these tools in previous roles to support your claims.

Prepare for Questions: Anticipate questions related to your ability to read technical drawings and develop cost estimates. Be ready to discuss specific projects where you've successfully managed budgets and deadlines.

How to prepare for a job interview at SmartSourcing Ltd

✨Showcase Your Technical Knowledge

Make sure to brush up on your understanding of opto-mechanical components and lasers. Be prepared to discuss how your degree in engineering relates to the role and provide examples of relevant projects you've worked on.

✨Demonstrate Analytical Skills

During the interview, highlight your ability to define problems and analyse data. You might be asked to interpret technical instructions or solve a hypothetical problem, so practice articulating your thought process clearly.

✨Prepare for Cost Estimation Questions

Expect questions about your experience with cost estimation and budgeting. Be ready to discuss how you have previously managed quote processes and collaborated with teams to track costs effectively.

✨Communicate Clearly and Professionally

Since the role involves presenting information and responding to queries, practice your communication skills. Prepare to explain complex concepts in simple terms and ensure you can convey your ideas confidently.

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