Estimation Engineer

Job description / Role

• Determine cost estimate targets during the design and development process, recommending cost effective solutions
• Gather proposals, specifications and related documents and liaise with stakeholders in order to convert specifications to cost estimates for new and current products
• Utilize cost methodologies and tools and appropriate software models and packages to prepare and maintain reliable and accurate data.
• Establish cost estimates of production processes and tooling costs and review alternatives or put forward recommendations for improvement.
• Assess cost effectiveness of products and track actual costs relative to budget and report status on a regular basis to ensure costs are in line with forecasts.
• Monitor and review data and information to detect or assess problems
• Investigate and identify cost reduction opportunities through cost analysis review
• Contribute to cost monitoring and reporting systems and procedures and monitor trends
• Prepare cost and expenditure statements, reports and other necessary documentation at regular intervals to share with others in the business
• Support all activities in cost estimating and take a proactive approach towards improvements
• Liaise with stakeholders and support management decisions by providing appropriate cost information and data
• Provide cost estimates during change process and advise of cost impact of changes. Track and monitor activity
• Work with stakeholders to ensure estimates are accurate and to make appropriate adjustments and resolve issues
• Analyse supplier quotes and provide information and data, which aids communications with suppliers and customers and achieves cost optimization.
• Ensure supplier quotations meet ‘should cost’ estimates
• Support supplier meetings and negotiations to challenge quotation prices and aim for cost reductions to meet target costs
• Support and utilize experience to aid best practice in the supplier process in conjunction with members of the purchasing team
• Liaise with purchasing department to provide continued feedback to ensure competitive pricing

Requirements

• 10+ years of experience of cost estimating with knowledge of market rates in prefabricated industry is mandatory
• Good communication skills with the ability to form and maintain good relationships internally and externally
• Good interpersonal, negotiation and influencing skills
• Commercially and financially aware
• Strong analytical skills
• Strong technical mindset and able to read and interpret technical data and translate to others
• Highly numerate with the ability to research, assemble manage and manipulate numerical information
• Knowledge of estimating techniques
• Results orientated and organised with the ability to deliver against deadlines
• Relevant business/commercial or manufacturing/engineering degree
• Ideally experienced in the use of spreadsheets, estimating pricing models and cost management tools
• Able to show evidence of adding value and cost optimisation
• Knowledge and understanding of a variety of manufacturing processes and components and ability to evaluate and analyse associated costs

About the Company

ARCCO has enjoyed a long and ever-expanding association with the United Arab Emirates since 1994. During this time, the company has held a place of choice within the many industries it operates in. After expanding its operations to Abu Dhabi in 2009, ARCCO has become a leading UAE supplier of complex infrastructure development, integrated logistics solutions and oversight.

ARCCO maintains it's strong legacy of stellar performance as a subsidiary of Dubai's respected ZTCO GROUP OF COMPANIES by incorporating the following company mission statement into all aspects of production and service;

• To gain and retain client confidence that develops into long-standing business relationships.
• To maintain ethics in all agreements.
• To remain dedicated to high quality workmanship.
• To continuously strive to improve all services.
• The principal measure of a company's success is its continued growth. ARCCO continues to grow as a result of its management and staff complying with this mission.

ARCCO serves with unparalleled engineering skill, professionalism and strong commitment for each and every project.