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.