Cost Engineer

Cost Engineer

Whetstone Full-Time 30000 - 40000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Estimate project costs, support teams, and present analyses.
  • Company: Join a diverse and inclusive company committed to equality.
  • Benefits: Competitive salary, international collaboration, and a supportive work environment.
  • Why this job: Engage in impactful projects while developing your engineering skills.
  • Qualifications: Degree in engineering preferred; experience with opto-mechanical components is a plus.
  • Other info: On-site role in Leicester, with potential for flexible hours.

The predicted salary is between 30000 - 40000 £ per year.

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 driver\’s 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. * Communicate company and product values to prospective customers via formal and informal presentations, meetings and communications. * Research, document and report industry trends, purchasing history and buying trends related to assigned accounts. * Maintain accurate and timely activity reports. * Participate in assigned meetings, selling events, special training programs. Extra Information: Site based 37.5 hours a week Must be able to work on-site from Leicester facility Colleagues are located internationally in Europe, Asia and North America so some outside hours working may be required SmartSourcing are a Disability Confident Employer and we promote, celebrate and value diversity, we are committed to promoting equality and inclusion for all

Cost Engineer employer: SmartSourcing plc

Join a dynamic team as a Cost Engineer in Whetstone, Leicestershire, where you will play a crucial role in shaping project budgets and collaborating with talented professionals across the globe. Our company fosters a supportive work culture that values diversity and inclusion, offering ample opportunities for professional growth and development. With a commitment to ethical conduct and high integrity, we ensure that our employees thrive in a rewarding environment while contributing to innovative projects.
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Contact Detail:

SmartSourcing plc Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Cost Engineer

✨Tip Number 1

Familiarise yourself with the specific components and technologies mentioned in the job description, such as opto-mechanical components and lasers. This knowledge will not only help you understand the role better but also allow you to engage in more meaningful conversations during interviews.

✨Tip Number 2

Network with professionals in the engineering and cost estimation fields, especially those who have experience in the photonics sector. Attend industry events or join relevant online forums to build connections that could lead to valuable insights or referrals.

✨Tip Number 3

Prepare to discuss your analytical skills and attention to detail in practical scenarios. Think of examples from your past experiences where you successfully managed complex quote processes or interpreted technical instructions, as these will be key points of interest for the hiring team.

✨Tip Number 4

Demonstrate your ability to work under pressure by sharing stories of how you've met tight deadlines or managed multiple tasks simultaneously. This will show the employer that you can thrive in a fast-paced environment, which is crucial for the Cost Engineer role.

We think you need these skills to ace Cost Engineer

Cost Estimation
Engineering Degree (preferably in Photonics)
Opto-Mechanical Component Knowledge
Laser Technology Understanding
Vendor and Contractor Management
Technical Report Writing
Data Analysis
Budget Management
Technical Drawing Interpretation
Proficiency in Estimating Software
Time Management
Multitasking
Analytical Skills
Attention to Detail
Effective Communication
Presentation Skills
Problem-Solving Skills
Research Skills
Health and Safety Compliance
Valid Driver's License
Valid Passport

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 your engineering degree, any experience with opto-mechanical components, 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 analytical skills, attention to detail, and how you can support the Commercial & Engineering teams. Use examples from your past experiences to demonstrate your capabilities.

Showcase Technical Proficiency: In your application, highlight your proficiency with word processing, spreadsheet, or estimating software. If you have experience reading technical drawings and developing cost estimates, make sure to include that as well.

Prepare for Potential Questions: Think about how you would respond to questions regarding your ability to work under pressure, manage time effectively, and interpret technical instructions. Being prepared will help you present yourself confidently during interviews.

How to prepare for a job interview at SmartSourcing plc

✨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, particularly in photonics, has equipped you with the skills necessary for the role.

✨Demonstrate Analytical Skills

During the interview, highlight your ability to define problems, collect data, and draw valid conclusions. You might be asked to interpret technical instructions or analyse cost estimates, so be ready to showcase your analytical prowess.

✨Prepare for Team Collaboration Questions

Since the role involves working closely with Commercial and Engineering teams, think of examples where you've successfully collaborated in a team setting. Be ready to discuss how you can lead complex quote processes and communicate effectively with various departments.

✨Emphasise Attention to Detail

Cost engineering requires precision, so be prepared to discuss how you ensure accuracy in your work. Bring examples of past projects where your attention to detail made a significant impact on the outcome, especially in preparing quote packages and managing budgets.

Cost Engineer
SmartSourcing plc
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  • Cost Engineer

    Whetstone
    Full-Time
    30000 - 40000 £ / year (est.)

    Application deadline: 2027-07-20

  • S

    SmartSourcing plc

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