Cost Engineering Manager (Manufacturing)

Multinational Industrial FMCG Company is currently searching for its Cost Estimating Engineer for its manufacturing plant based in the greater Lisbon.

About the Cost Estimating Manager role

The Cost Estimating Manager will be the main responsible for contributing to ensure optimum competitiveness of the Business Unit, collecting and analysing information in order to estimate costs associated in the manufacture of each products.

The main functions will be to:

• Work closely with various departments within the company to assist in the development of new product and quality specifications that provide products at the lowest achievable cost;

• Validate the reasonableness, consistency & accuracy of the Engineering BOM, suppliers’ quotation, product assembly time and investment provided by RFQ team (R&D, Engineering, Program Management, Sourcing...etc);

• Provide on time product costing and reporting requested to maximize the business opportunities;

• Validate & monitor new product costing (cost estimation/quotation/product cost update) at every stage of development and alert the team and management of the product costing status and inform the team to take actions to meet the product cost target;

• Financial dashboard updating for all new developing products;

• Support and utilise 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.

• Review current costing practices, regularly interact with Marketing, R&D, Engineering, Program Management, Sourcing,..... and develop appropriate plan of action for continuous costing improvement

Skills & Attributes:

• Effective in problems solving, analytical, decisions making and supervisory skills;

• Ability to use Excel functions for data statistics and analysis;

• Results oriented and organised with the ability to deliver against deadlines

For this position, we require a 5-10 years+ experience in Product Cost Estimation, with a good knowledge of manufacturing processes and tools, within an Industry-related company. Good knowledge of material prices, finance, analysis (such as various design options, new product cost and development cost), benchmarking, cost management.

Fluency in Portuguese and English is required. Strong knowledge of Excel and IT in general, strong analytical and communications skills are mandatory. Ability to communicate with all level of people in the organization.