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

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.