Cost Estimating Specialist I

Reposted 6 Days Ago
Be an Early Applicant
2 Locations
In-Office
55K-75K Annually
Entry level
Aerospace • Defense • Manufacturing
The Role
Creates cost estimates for business proposals by reviewing scopes, specifications, requirements, historical pricing, labor, materials, equipment, and services. Develops itemized estimates using established methodologies, mathematical models, benchmark data, and estimating tools. Supports internal proposal approvals and customer negotiations while coordinating with internal functions and potentially government agencies or customers.
Summary Generated by Built In
Company OverviewGeneral Dynamics Ordnance and Tactical Systems (OTS) is a global leader in the design, engineering and production of munitions, energetics, weapons, armaments, and missile subsystems around the world. OTS empowers the U.S. military and its allies with an extensive range of overarching product segments applied across all levels of strategic and tactical operations, providing a cutting-edge advantage to our warfighters. Our Ethos of Honesty, Trust, Transparency, and Alignment, are the guiding principles that form the foundation of everything we do. Integrity is paramount, innovation fuels our passion, customer satisfaction is at the core of our mission, and collaboration is key to our success - fostering a culture of teamwork and mutual respect among employees, partners, and stakeholders. Whether you're just starting out on your career journey or are an experienced professional, we offer a robust total rewards package that goes above and beyond with compensation; healthcare, wellness, retirement, and work/life benefits that include career development and recognition programs. If who we are and what we do resonates with you, we invite you to join our high-performance team! Job SummaryThe Cost Estimating Specialist: Creates cost estimates for new business proposals, including reviewing scope of work and project requirements, analyzing historical data, working with other functions to receive functional inputs. Supports proposal through internal approval cycles, and through customer negotiations. Will interface with other internal functions, and may interface with Government agencies, or customers. This position can be located in Saco, Maine or Colchester, Vermont Impact of the RoleGeneral Profile
  • Requires conceptual knowledge of theories, practices, and procedures within a job discipline
  • Performs routine assignments using existing procedures
  • Receives instruction, guidance and direction from more senior level roles
  • Entry level to a professional career progression
  • Consistent exercise of discretion & judgment
Essential Functions
  • Develops cost estimates for projects based on work scope, specifications, and contract proposals using applicable estimating methodologies and tools.
  • Analyzes project requirements, plans, and specifications to identify labor, material, equipment, and service requirements.
  • Uses benchmark data, trends, prior estimates, and historical pricing schedules to generate detailed cost estimates that consist of itemized lists of expenses, labor hours, material quantities, and potential cost variations.
  • Depending on the complexity and type of project, may use different estimating methods, mathematical models, or specialized estimating software tools to generate estimates.
    • Required Qualifications
      • Required education and experience: Associate's Degree and 0-3 years' experience OR Equivalent Combination of Relevant Education &/or Experience
      • Critical professional related technical skills; computer skills: Proficient in Microsoft Office (Excel, Word, PowerPoint)
      Preferred Qualifications
      • Preferred education and experience: Bachelor's Degree
      • Discipline/Major: Finance or related degree preferred.
      • Knowledge, skills & abilities: Cost Estimation. Material Requirements Planning. Project Estimation. Requirements Analysis. Spreadsheet advanced. Cost Analysis. Specification Review. ERP Systems.
      Physical Requirements
      • Must be able to remain in a stationary position at a desk and/or computer for extended periods of time.
      • Work primarily in a climate-controlled environment with minimal safety/health hazard potential.
      Travel RequirementsUp to 25% travel likely. Pay Range (USD)$55,000.00 - $75,000.00 Pay Transparency StatementThe salary range displayed reflects the minimum and maximum for salary for this position. Within the range, individual pay is determined by work location and additional factors, including job-related skills, experience, internal equity, and relevant education or training. Your recruiter can share more about the range during the hiring process. Additional CompensationHired applicant may be eligible to participate in the Company’s Gain Sharing Program. BenefitsEmployees are eligible for medical, dental, vision, short and long-term disability, and basic life insurance as well as pre-tax spending accounts. Employees are also able to enroll in the company's 401k plan. In addition to the benefits discussed above, the company offers the following voluntary benefits: Critical Illness Insurance, Accident Insurance, Identify Theft Protection, Enhanced Legal Services, Auto and Home Insurance, Pet Insurance, Commuter Benefits, Hospital Indemnity Insurance, Educational Assistance, Employee Assistance Programs and College Savings Plan (529). Paid Time OffEmployees will receive paid holidays and 120 hours of PTO annually and up to 3 weeks paid family leave. _____________________________The above statements describe the general nature and level of work only. The statements do not represent an exhaustive list of required responsibilities and skills. Other duties may be added or this job description may be amended at any time. This job description does not alter an employee's at-will employment status or create an employment agreement or contract, implied or otherwise.

Skills Required

  • Associate's degree and 0-3 years of experience, or an equivalent combination of relevant education and experience
  • Proficiency in Microsoft Office, including Excel, Word, and PowerPoint
  • Bachelor's degree
  • Finance or related degree
  • Cost estimation knowledge
  • Material Requirements Planning knowledge
  • Project estimation knowledge
  • Requirements analysis knowledge
  • Advanced spreadsheet skills
  • Cost analysis knowledge
  • Specification review knowledge
  • ERP systems knowledge
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The Company
6,000 Employees
Year Founded: 1996

What We Do

General Dynamics Ordnance and Tactical Systems (GDOTS) is a global aerospace and defense company that develops and manufactures weapons systems, munitions, ammunition, and related military equipment for the U.S. military and allied nations. Its portfolio supports ground, naval, and airborne operations and includes heavy machine guns, grenade launchers, warheads, precision components, lightweight vehicles, and aircraft Gatling guns across multiple defense platforms.

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