Cost Engineer at Nigeria Machine Tools Limited (NMTL)

Key Responsibilities

• Read technical drawings or documents in order to prepare cost estimates for all products, RFP and tenders.
• Carry. out detail analyses of production cost (raw material, machine hour, man hour) and monitor same to ensure all costs or expenditures are captured and properly recorded.
• Check all finished products or work in progress to determine actual production cost and report any detected variance to the management for appropriate decision.
• Accurate prediction of relevant costs and time line for delivery of products to clients/customers.
• Carry out regular market survey to determine the local and international materials cost and advise management appropriately e.t.c

Academic/Professional Qualifications

• Degree in Mechanical Engineering, Industrial Engineering or Accounting.
• MBA and membership of relevant professional bodies will be an added advantage.
• Minimum of 7 years cognate experience in costing or estimation processes in an Engineering industry.

Technical Skills and Personal Qualities:

• Ability to read Engineering drawings or designs with sound experience in shop floor activities.
• Sound production planning skills with In-depth knowledge on time estimation for engineering related products or projects.
• In-depth knowledge on product costing methodology in an engineering industry.
• Strong organizational skills with ability to manage multiple priorities and demanding deadlines.
• Excellent written and oral communication skills.
• Ability to consult, negotiate and influence a wide range of team members.
• Good computer skill with knowledge of Microsoft Office Suite with bias to MS Project, PowerPoint, Microsoft Dynamic NAV and other engineering software programs e t c