Faxon Machining
Cost Estimator
2 months ago
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Important information
Location:
Cincinnati, OH, USA
Work mode:
Onsite
Published on:
17 August 2026
What they need
Cost Estimator
PURPOSE: The Estimator analyzes blueprints, job specifications and related data to prepare time, cost, and labor estimates for quoting customer request for quote (RFQ).
DUTIES/RESPONSIBILITIES:
Reviews customer blue prints, specifications and all relevant data to determine material and labor requirements
When drawings are not available, reverse engineers from sample products to develop the data necessary to quote a job
Consults with sales team, engineering department, shop team members, vendors and customers as required to:
confirm customer requirements and ensure expectations are fully understood
review company's internal capabilities to ensure the job specifications can be met
identify scheduling conflicts, production bottlenecks, missing information
obtain accurate and competitive pricing on materials and outside services
discuss changes and adjustments to cost estimates and quotations
Accurately identifies cost factors, develops pricing and prepares quotations within specified time frames. Completes quote forms and compiles related information
Organizes and manages a cost estimating database and a formal process to support cost estimating to ensure historical data is utilized and applied to future quotations
Analyzes completed projects to compare estimated costs to actual costs and determine the reason for any discrepancies. Utilizes this information to identify cost trends and provide improvement recommendations to cost estimating procedures to reduce future discrepancies between estimated and actual cost
REQUIREMENTS:
- Bachelor degree or equivalent knowledge gained from experience related to estimating machining and fabrication jobs
- Advanced knowledge of machining processes, metal finishing, plating, heat treating; the ability to read blue prints; and proficiency with SolidWorks, Microsoft Word, and Microsoft Excel
- Previous experience with DOD contracts strongly desired (FAR, DFARS)
- Apply business management principles to define problems, collect data, establish facts, and draw valid conclusions
- Deal with several abstract and concrete variables
- Manage time effectively, in order to accomplish highest-priority goals and objectives
- Demonstrate effective spoken and written communication skills
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