Technical Costing Analyst
Summary
Manufacturing-based analyst who builds product-cost estimates from engineering drawings and BOMs, validates material, labor, and overhead assumptions in SAP, and partners with Engineering, Sales, Purchasing, and Finance to support quotations, sourcing decisions, and margin analysis.
At AKG, we believe great people build great products. We are looking for dependable, safety-focused team members who want to grow their skills and be part of a company that values teamwork, accountability, respect, and continuous improvement.
If you enjoy hands-on work, problem-solving, and working with precision equipment in a manufacturing environment, we encourage you to apply. We will train you...
What We Offer:
- Competitive pay based on experience
- Shift differential opportunities
- GREAT Medical, dental, and vision benefits the first of the month after 30 days
- Company Paid Life Insurance, STD insurance and LTD insurance
- PTO and paid holidays
- 401(k) with amazing company match
- Training and advancement opportunities
- Stable manufacturing environment
- Employee recognition programs
- Team-oriented culture focused on safety and respect
What You’ll Do:
The Technical Costing Analyst develops technically accurate, traceable, and commercially sound product-cost estimates for customer quotations, new products, engineering changes, sourcing decisions, and ongoing production. The role translates engineering designs and manufacturing requirements into documented material, labor, machine, overhead, tooling, purchased-component, outside-processing, packaging, and logistics assumptions.
The analyst partners with Engineering, Sales, Purchasing, Production Planning, Manufacturing, and Finance to maintain accurate product-costing data in SAP, reconcile quoted, standard, and actual costs, identify potential margin erosion, and support value-engineering and cost-reduction activities.
The position serves as the technical validator of product-cost assumptions. SAP calculates the result; the analyst validates the physical and commercial assumptions that drive the calculation.
Essential Functions:
• Develop detailed product-cost estimates from engineering drawings, specifications, bills of materials, manufacturing concepts, customer requirements, and forecasted production volumes.
• Establish documented assumptions for material usage, scrap, yield, labor content, machine time, tooling, outside processing, purchased components, packaging, freight, overhead, and other applicable cost elements.
• Critically evaluate and challenge costing inputs, including BOM completeness, manufacturing-sequence feasibility, cycle-time assumptions, labor content, scrap and yield factors, tooling requirements, sourcing strategies, and capacity constraints.
• Review product designs and proposed manufacturing processes to identify major cost drivers, manufacturability concerns, missing information, and cost-reduction opportunities.
• Work with Engineering and Manufacturing to define preliminary routings, production methods, cycle-time assumptions, equipment requirements, and process parameters when historical data is unavailable.
• Obtain and validate material and purchased-component pricing with Purchasing, including source, effective date, quantity assumptions, minimum-order requirements, lead times, tooling, and nonrecurring costs.
• Support make-versus-buy, sourcing, production-transfer, and alternative-manufacturing-method analyses.
• Execute and support SAP product-costing and mass-costing activities in accordance with approved Finance and business processes.
• Review costing-related SAP master data, including bills of materials, routings, work centers, activity rates, overhead application, scrap factors, and purchasing information; coordinate correction of identified discrepancies with the responsible owner.
• Monitor standard product costs and investigate significant changes, inconsistencies, or incomplete costing inputs.
• Compare quoted costs, released standard costs, and actual production costs to identify unfavorable variances and potential margin erosion.
• Conduct post-launch and periodic cost reviews to determine whether quotation assumptions remain valid after design release and production stabilization.
• Prepare clear cost summaries, assumptions, sensitivities, risks, and recommendations for quotation and management review.
• Support value-engineering, design-to-cost, continuous-improvement, and cost-reduction activities with fact-based financial analysis.
• Maintain costing standards, templates, calculation methods, assumptions, revision history, and supporting documentation.
• Escalate incomplete, inconsistent, or unreliable costing inputs that could materially affect quotation accuracy or product margin.
• Support budgeting, financial planning, capital analysis, and margin reviews as assigned.
• Adhere to applicable company safety, quality, environmental, confidentiality, and operational requirements.
• Maintain regular and reliable physical attendance.
Secondary Functions:
• Participate in reviews involving new products, engineering changes, sourcing changes, production transfers, and capital projects.
• Participate in value-analysis, cost-reduction, and continuous-improvement workshops.
• Provide backup support for related estimating and costing activities during absences or peak workload.
• Travel occasionally to manufacturing facilities, suppliers, or other company locations.
• Perform other related duties assigned by management.