Cost Estimator

Cost Estimator Apply Now Applied To save a job sign in or get started

Job ID:

10217749 Posted today Back Rockford, IL, US Engineering High School or equivalent Full Time, Direct Hire $90,000

• $100,000 Experienced (Non-Manager) On-site Engineering Services First Shift (Day) Rockford, IL, US $90,000
• $100,000 Experienced (Non-Manager) Full Time, Direct Hire Engineering Services On-site Engineering High School or equivalent First Shift (Day) Apply Now Applied Job details Cost Estimator Onsite

• Rockford, Illinois Direct Hire Salary:

  $90,000
• $100,000+ (DOE) Must be authorized to work in the U.

S. without sponsorship Position Overview We are seeking an experienced and technically driven Cost Estimator with a strong background in machine tools, industrial equipment, or precision manufacturing . This role is responsible for developing accurate, data-driven cost estimates, supporting proposal development, and improving cost standardization across product lines. The ideal candidate will have hands-on experience with mechanical assemblies and manufacturing processes, the ability to interpret complex engineering drawings and BOMs, and a collaborative approach to working with engineering and production teams to optimize design-to-cost performance. Key Responsibilities Engineering & Cost Estimation Interpret and analyze detailed mechanical drawings, GD&T, assembly prints, and technical documentation Develop detailed bottom-up cost estimates for mechanical, structural, electrical, and purchased components Evaluate manufacturing processes including machining, fabrication, assembly, and testing to determine labor hours and routing Collaborate with engineering and production teams to validate cycle times, methods, and resource requirements Perform should-cost analysis for machined parts, weldments, and complex assemblies BOM & Cost Structure Management Build and maintain multi-level Bills of Materials (BOMs) with complete cost roll-ups Standardize cost structures across machine platforms and product lines Identify major cost drivers and recommend opportunities for cost reduction Support design-to-cost initiatives through manufacturability and material optimization feedback Supplier & Component Costing Identify critical components and obtain supplier quotations Interface directly with vendors to secure technical and commercial pricing Evaluate supplier capabilities, lead times, and competitiveness Support sourcing decisions through detailed cost comparisons Cost Modeling & Continuous Improvement Maintain and update labor standards, material pricing, and cost databases Conduct annual cost reviews and validate standard costing assumptions Drive value engineering and process improvement initiatives Support machine platform standardization to improve scalability and reduce variability Technical & Cross-Functional Collaboration Partner closely with Mechanical Engineering, Project Engineering, and Technical teams Participate in design reviews, providing cost and manufacturability input Support product development by aligning engineering decisions with cost targets Collaborate with Area Managers to develop technically accurate and competitive proposals Analyze estimated vs. actual project costs and identify variances Assist with commissioning and startup activities to ensure cost and performance alignment Qualifications 5-10 years of experience in machine tools, CNC systems, industrial equipment, or precision manufacturing Strong ability to read and interpret mechanical drawings, assemblies, and GD&T Deep understanding of machining, fabrication, assembly, and manufacturing processes Experience developing detailed cost models and BOM structures Proficiency with ERP/MRP systems and Microsoft Excel Excellent analytical, communication, and cross-functional collaboration skills Degree in Mechanical Engineering, Manufacturing Engineering, or related field preferred but not required Preferred Background Experience with machine tool assemblies and automation systems Knowledge of cost reduction, value engineering, and design-for-manufacturing principles Familiarity with supplier sourcing and technical procurement processes Ability to work effectively in a fast-paced manufacturing environment 10217749 Share this job Copied url To save a job sign in or get started To apply for this job email your details to I want more jobs like this in my inbox.

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