Administers budget variance tracking for the project
Review new project budget and cost codes against estimates
Support commercial team with post award contracts
Key Accountabilities & Activities
Key Accountabilities & Activities
Develop and maintain detailed project cost estimates, including materials, labor, equipment, and services, ensuring accuracy and alignment with project budgets.
Analyze project specifications and drawings to identify cost-saving opportunities and recommend cost-effective alternatives.
Prepare and present cost reports and forecasts to project managers and stakeholders, highlighting variances between actual and budgeted costs.
Implement and manage cost control systems to monitor project expenditures against budgets and forecasts, identifying and addressing overruns in a timely manner.
Collaborate with procurement teams to negotiate contracts with suppliers and contractors, ensuring favorable terms and adherence to project budgets.
Assess financial risks associated with project decisions and propose mitigation strategies to manage potential cost overruns.
Validate contractor and supplier invoices against contract terms and project deliverables, ensuring accurate and justified billing.
Conduct post-project audits to evaluate cost management effectiveness, identifying lessons learned and best practices for future projects.
Managing bids from vendors and contractors
Using bid data to prepare detailed a cost analysis
Presenting prepared estimates to management and other stakeholders
Compiling and recording actual costs
Background, Skills & Qualifications
Knowledge, Skills and Experience
5 years of experience working as an estimator
Ability to work independently
Ability to put together a professional presentation
Ability to create reports on costing data
Amazing analytical and math skills
Ability to work well on a team
Very detail oriented
Ability to understand technical drawings and requirements
Deep knowledge of how processes work
Qualifications
Bachelor's degree in Engineering, or related field.
