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Cost Estimator / Pricing Analyst (Wood Joinery Factory)

Ascentech Services Limited Nigeria (On-site) Nov. 10, 2024 full-time
Full Job Description
Job DescriptionThe 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.ResponsibilitiesCost 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.QualificationsBachelor’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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