Cost Estimator / Pricing Analyst (Wood Joinery Factory) at Ascentech Services Limited

Job Overview

Location
Lagos, Lagos
Job Type
Full Time
Date Posted
1 year ago

Additional Details

Job ID
104205
Job Views
62

Job Description



Job Description



  • The Cost Estimator/Pricing Analyst is responsible for accurately determining the costs associated with manufacturing wood joinery products.

  • This role requires a detailed understanding of material costs, labour, overhead, and project-specific requirements to create accurate pricing for client projects and ensure profitability for the factory.


Responsibilities

Cost Estimation:



  • Calculate detailed cost estimates for joinery products, factoring in raw materials (wood, hardware, finishes), labour, and machine time.

  • Collaborate with the production team to understand manufacturing processes and identify any potential cost variations.

  • Provide cost breakdowns for customized client orders, including bespoke cabinetry, doors, and furniture.


Pricing Strategy:



  • Develop and implement pricing strategies that ensure profitability while remaining competitive in the market.

  • Work with sales and management teams to set final prices based on estimates and market conditions.

  • Monitor changes in material costs and adjust pricing structures as necessary.


Material Management:



  • Liaise with procurement department to ensure accurate material costs.

  • Keep track of price fluctuations in raw materials and adjust estimates accordingly.


Project Management:



  • Provide financial insights and reports to senior management on cost performance versus estimates.


Qualifications



  • Bachelor’s degree in accounting, Finance, Engineering, or related field.

  • Experience in cost estimation or pricing in the woodworking or manufacturing industry.

  • Strong knowledge of wood materials, joinery processes, and fabrication techniques.

  • Excellent mathematical and analytical skills.

  • Proficient in estimation software and Microsoft Excel.

  • Strong communication skills to liaise with suppliers, production teams, and clients.


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