Technical Costing Analyst

Description

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, 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.
• 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.
• Occasionally travel to manufacturing facilities, suppliers, or other company locations.

Requirements

• Bachelor's degree in Industrial Engineering, Manufacturing Engineering, Mechanical Engineering, Engineering Technology, Finance with manufacturing experience, or a related field, with at least three years of relevant experience; or an associate degree or technical certification with at least five years of directly relevant manufacturing-costing experience.
• Experience in manufacturing cost estimating, industrial engineering, production planning, manufacturing engineering, product costing, or a closely related discipline.
• Working knowledge of bills of materials, manufacturing routings, labor standards, machine rates, scrap and yield, overhead application, and product-cost structures.
• Advanced Microsoft Excel skills, including complex formulas, lookup functions, pivot tables, data validation, and large-data analysis.
• Ability to interpret engineering drawings, bills of materials, specifications, and manufacturing documentation.
• Experience using an ERP system for product, material, routing, or costing data.
• Strong analytical, problem-solving, organizational, and written and verbal communication skills.
• Ability to work independently while coordinating effectively across Engineering, Sales, Purchasing, Planning, Manufacturing, and Finance.
• Preferred: Experience with SAP ERP, particularly SAP Product Costing; experience in industrial manufacturing, heat-exchanger manufacturing, metal fabrication, machining, welding, brazing, stamping, or assembly operations; knowledge of time-study, work-measurement, and production-capacity methodologies; experience with value engineering, design-to-cost, and make-versus-buy analysis; experience reconciling quoted, standard, and actual product costs; German and English language skills; knowledge, skills, and abilities in manufacturing cost estimation and cost-model development; SAP or comparable ERP product-costing processes; material-usage, scrap, yield, labor, machine, and overhead analysis; BOM and routing analysis; quoted, standard, and actual-cost variance analysis; cost-model sensitivity and risk analysis; value engineering and design-to-cost; make-versus-buy and sourcing analysis; advanced Excel and business-data analysis; costing governance, documentation, and revision control; ability to translate technical cost drivers into clear business conclusions; ability to challenge unrealistic or unsupported manufacturing assumptions; high attention to detail without losing sight of material financial risks.