Tuesday, January 14, 2020

Senior Cost Estimator - 5TH123

Employer:Construction & Engineering Recruitment Specialists
Job Title:Senior Cost Estimator - 5TH123
Location: Dubai, United Arab Emirates
Job Type:Full Time Employee
Category:Seniors, Cost
Description: Responsibilities:
  • Coordinate, oversee and prepare cost estimates in accordance with the approved procedures.

  • Provide support and leadership in identifying, analyzing and providing innovative solutions to cost estimating problems.

  • Review design scope criteria and quantities for completeness and coordinate with the project to develop additional estimating bases when information is incomplete.

  • Establish format and content of summaries and reconciliations of the capital cost estimate, including segregation of cost according to level of confidence and identification of areas of risk.

  • Prepare and review distributable and/or contractor's indirect cost estimates. Assist in developing or develop foreign currency and exchange rates estimates.

  • Prepare or review contingency evaluation for estimates, escalation estimates, reconciliations for estimates and management presentations.

  • Prepare and analyze comparisons of scope, quantities and cost data between projects. Participate in discussions with vendors and contractors as required

  • Support the development of estimating standards and procedures and maintain estimate and historical data

  • In comparison with previous estimates, outcome costs and vendor prices, carry out benchmark estimates through validation and verification norms

  • Work with the relevant discipline in collating requirements and compiling cost estimates for a project

  • Prepare rationale statements (estimate basis/ confidence package) to support the estimate, identifying areas of weakness and or areas of risk. And where required conduct

  • Monte Carlo type risk analysis of costs estimates to determine contingency and accuracy levels

  • Participate in developing and presenting training classes and on the job training for specific processes and practices

  • Alongside the Location or Group Estimating Manager; assist in managing capability of across the relevant location, including;

  • Responsibility for recruitment and retention,

  • Training and career development of Estimating personnel

  • Provide mentorship to graduates

Some aspects of the role include, but are not limited to:
  • Analyzes specifications including sketches, blueprints, bills of material or sample layouts, and calculates costs using labor and material pricing schedules and historical data

  • Computes cost estimates of raw materials or subcontracted work and labor
    Prepares cost reports and presents findings to management, contract personnel, proposal coordinators, customer representatives, price auditors, vendors, and subcontractors

  • Expected to assist in the preparation of larger and more complex estimates

  • Working knowledge of business case drivers (economics)

  • Represents organization as a prime contact, interacting with senior internal and external personnel on significant matters

  • Contributes to development of new techniques and standards; considered an expert in organization

  • Develops processes that require innovation and ingenuity

  • Conducts briefings and participates in technical meetings related to specific operations

  • Maintaining strong business relationships

  • The role will also require you to work flexibly

Qualifications:Key Requirements for a Senior Cost Estimator:
  • Leadership skills in Estimating with ability to handle complex multi-office projects
    Carrying the responsibility for the project success and providing strong direction for the team

  • Plans and manages the work, managing the financial aspects of the discipline, including the man-hour estimates and margin goals

  • Excellent communication and co-ordination skills (both verbal and written).

  • Flexibility to travel

  • Understanding of Project business case and reflect this in the work environment such as productivity, schedule, workhour control, innovation etc.

  • Should have involved in development and implementation of activities such the latest technology and methods to improve efficiency, accuracy and productivity for the department.

  • Takes personal responsibility for safety and a healthy environment on the projects, and demonstrating this by example

  • Can work as an efficient team with project management and other disciplines

  • He/she is also responsible for ensuring that the Dept./Disciplines quality management system is followed considering any special contractual requirements.

The successful candidate will have:
  • Strong background and experience in professional Estimating services

  • Proficient using Aspen Cost Estimating tools is an advantage

  • Working knowledge of Risk tools e.g. @Risk is an advantage

  • Experience developing and building business relationships at a senior level

  • Bachelor’s degree (technical discipline)

  • Minimum 12 years’ experience

Education:Bachelor's degree / higher diploma
Experience:Min: 12

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