Cost Engineer in Lagos, Nigeria

Engineering / Technology
Minimum Qualification
Bachelor's Degree
Required Experience
3 - 5 years
Employment Type
Full Time
Male or Female

Job Description

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


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