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Sr. Cost Estimator - Structures/Mechanisms

Company: Magna International Inc.
Location: Novi
Posted on: May 15, 2022

Job Description:

Job Number: 32601 Group: Magna Seating Division: Magna Seating Novi Job Type: Permanent/Regular Location: NOVI Group Description Magna is an innovative leader in the development and manufacturing of high quality complete seating systems. Our solution includes seating structures, mechanisms and hardware, as well as foam and trim products for global automotive, heavy truck and bus industries. Our capabilities include market and consumer research; full concept development; design and engineering capabilities; testing, validation and world-class manufacturing. Our award-winning seating solutions are developed from consumer research, finding the ease of operation to be comfortable, convenient and connected. Role Summary Responsible for the development of all cost issues related to seating programs.Interacts with manufacturing facilities, engineering, program management and account managers to establish estimates of costs on standard and special parts or products.Key Responsibilities ---Analyzes all quote packages and develops costing on all components contained within the package.Works closely with quote team, plant, engineering and purchasing personnel to establish required cost data. ---Verifies accuracy and finalizes quote packages.Presents information to the program team and/or Cost Estimating Manager prior to customer submission. ---Develops and maintains cost reduction programs and establishes reporting formats based on customer requirements.Participates in setting targets and pricing to improve margins. ---Contributes to VA/VE initiatives. ---Tracks, audits and compares actual tooling expenditures to the established budget as needed and reports the status on a regular basis ---Provides cost impacts for engineering changes through the add/delete process. Tracks the standard costed bill of material that consists of: material cost, freight cost, labor cost, burden costs, and all customer formulated value-added. ---Supports and justifies cost/pricing structure to the customer as required, under the direction of the department manager and with the coordination of Sales department. ---Provides purchasing with Target Cost Goals.Supports purchasing in evaluating vendor quotes. ---Maintains customer submitted pricing data as required.Key Qualifications/Requirements ---Bachelor's Degree (or bachelor's equivalency) in accounting, finance, or engineering; or equivalent combination of education and work experience. ---Minimum 7 years' experience in an automotive manufacturing/engineering related environment. ---Minimum of 2 years of practical experience in product costing environment. ---Extensive knowledge of product, design, manufacturing processes and procedures. ---Strong organizational skills and the ability to successfully coordinate and complete multiple tasks within established and changing deadlines. ---Strong communication skills: verbal, written and technical presentations. ---Proficient with word processing, spreadsheet and database applications. ---Demonstrated successful performance with independent problem solving. ---Analytical skills to review and interpret data and make recommendations regarding costs.Additional Information Normal amount of sitting, standing, and walking. Average mobility to move around an office environment, able to conduct normal amount of work at a computer, may require travel. 02Business Development, Sales, MarketingFPermanent/Regular

Keywords: Magna International Inc., Novi , Sr. Cost Estimator - Structures/Mechanisms, Professions , Novi, Michigan

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