We're excited to share an opportunity for an existing vacancy as Costing Engineer.

This is a high-impact role for a detail-oriented professional with a passion for numbers, processes, and cross-functional collaboration. As a Costing Engineer, you'll play a key role in evaluating, calculating, and optimizing the cost structure of manufactured products. You'll work closely with engineering, production, and finance to deliver accurate cost models that support pricing, quoting, and strategic business decisions.

Daily responsibilities may include but are not limited to:

• Developing detailed product cost estimates for new and existing parts based on raw materials, labour, overhead, and process requirements
• Supporting RFQ (Request for Quote) responses by analyzing drawings, BOMs, routings, and technical specifications
• Identifying cost reduction opportunities through process optimization, alternative materials, and supplier collaboration
• Collaborating with engineering and production teams to validate manufacturing processes and ensure cost accuracy
• Maintaining and updating standard cost data in ERP systems
• Preparing reports and presentations on cost breakdowns and profitability analysis for internal stakeholders
• Participating in make-vs-buy analysis and capital investment evaluations
• Monitoring market trends in material and labor costs to inform future planning

Mandatory Requirements:

• 3+ years of experience in a cost estimating, costing, or manufacturing engineering role
• Solid understanding of manufacturing processes (machining, fabrication, assembly, etc.)
• Proficiency in reading engineering drawings and interpreting BOMs
• Strong analytical and mathematical skills
• Advanced Excel skills and experience with ERP systems (SAP, Oracle, etc.)
• Diploma or degree in Mechanical Engineering, Industrial Engineering, Manufacturing, or a related field

Location: Toronto, Ontario

Salary Range: $100,000 - $120,000

If you are interested in learning more about the Costing Engineer opportunity, please submit your updated resume to [email protected].

We are recruitment industry leaders committed to quality service, integrity, respect and equal opportunity. We pride ourselves on a personalized recruitment process driven by experienced professionals. We do not use AI in our recruitment decisions; each candidate is evaluated based on their unique experience, skills, and fit for the role.

Accommodations are available to all applicants upon request throughout our recruitment process. Please contact us at [email protected] or 1-877-682-8889 x223 if you require accommodation. We will work with all applicants to accommodate their accessibility needs.

By applying for this position you are consenting to receive electronic messages related to the consideration of employment through itec group and its clients. Should you wish to stop receiving electronic communications at any time, simply let us know at [email protected].