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Cost Engineer
Plymouth, MI

Position No Longer Open

Posted 2/13/2019

Required Skills

  • Required: Bachelor’s degree in Finance, Industrial Engineering or Manufacturing Engineering, and at least three to five years of related experience in a cost accounting position in a manufacturing environment
  • Preferred: Master’s degree in business administration
  • Exposure to manufacturing departments / staff / activities cost accounting, reporting and variance analysis
  • Operations experience required
  • Ability to support a cross-functional plant management team
  • Proven ability to prioritize objectives and duties
  • Strong written and verbal communication skills
  • Knowledge of Microsoft Excel, ACEIT, SEER Suite and other cost estimating toolsets, including Crystal Ball or @Risk

Job Description

  • The Cost Engineer is responsible for plant / corporate level costs and control including cost accounting, bill of material audits, cost analysis and special projects as requested
  • This position will work closely with manufacturing to understand issues and how they impact financial results as well as educate / inform departments on cost drivers and variances
  • Works as part of a cross-functional team to assist with managing and executing large programs
  • Develop Microsoft Excel Spreadsheets to support quantitative data analysis, provide business consulting, conduct research, prepare graphs and chart, and analyze and interpret cost and programmatic data
  • Support other tasks; including cost benefit analyses, cost proposal evaluation, and economic studies and analyses, as required
  • Research and develop cost methodologies, develop cost estimates, perform risk analysis and generate associated documentation
  • Analyze, evaluate and provide client recommendations for Total Ownership Cost (TOC), Cost as an Independent Variable (CAIV), Life Cycle Cost Estimates (LCCE), Return-on-Investment (grayROI) and associated cost / financial management analyses
  • Interact with Production Control to ensure Bills of Materials (BOM) are accurate and up to date
  • Review and audit BOM’s to ensure they reflect the latest manufacturing practices
  • Analyze actual labor, material, and overhead cost against Standard / Budget
  • Research and explain variances
  • Report this information monthly or as needed
  • Implement and apply cost accounting policies and procedures as they are derived
  • Support executive management efforts for implementing and maintaining internal controls for operations, sales, engineering, and finance
  • Development of new labor and overhead rates, budget, and forecasts
  • Perform ad hoc product / plant cost analysis to support the operations

Reliance One, Inc. provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

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Auburn Hills, MI 48326


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