Cost Lead

4 weeks ago

Toronto, Canada Bechtel Full time

**Requisition ID: 275696**
- ** Relocation Authorized: None**:

- ** Telework Type: Full-Time Office/Project**:

- ** Work Location: Toronto,Ontario**

Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers’ objectives to create a lasting positive impact.

We serve the Infrastructure; Nuclear, Security & Environmental; Oil, Gas & Chemicals; and Mining & Metals markets. Our services span from initial planning and investment, through start-up and operations.

Core to Bechtel are our values - ethics, safety, quality, people, culture, relationships, innovation and sustainability, and our covenants - integrity, respect, collaboration, trust, and delivery. They are what we believe, what customers can expect, and how we deliver.

**Project Overview**

Bechtel Infrastructure, along with key sub-vendors Bantrel and Comtech, has been appointed the Delivery Partner role within an integrated team with the customer, Metrolinx, for the Ontario Line Subway (OLS) Project and will work in a Delivery Partner role within an integrated team with the customer organization for a Subway Project in Toronto, Ontario. The project scope includes the design build, operations and maintenance of all infrastructure and rail systems associated with 15 stations and over 15km of new alignment, being performed by three key PPP Contractors and multiple advanced early works (EAW) packages Contractors. Bechtel form a key component of the overall Integrated Project Delivery team (comprising the customer, MX; the Technical Advisor, and Bechtel as the Delivery Partner).

**Position Summary**

The Cost Lead is responsible for directing the cost engineering, cost estimating, and cost analysis/control activities for the project. Will identify, analyze, and provide innovative solutions to cost engineering problems. Supports and promotes improvement measures and implementation of recommendations. Supports organizational and administrative activities related to the Project costs and performance metrics. Relocation Benefits may be provided with Project / Client Approval but are not guaranteed.

**Responsibilities**
- Interfaces with designated Delivery Partner and Metrolinx management for specific cost presentations. Summarize and present cost engineering principles that reach appropriate conclusions and implement cost containment plans.
- Organize, reconcile and participate in the recommendation of team actions for closeout of large to mid-size subcontracts, interfacing with Accounting/Finance, Subcontracts and Cost/Project Controls data.
- Reviews project work activities to ensure support of project milestones. Coordinates and establishes scoping requirements for the overall cost estimate by discipline or other specialty, and coordinates the timely, systematic, and complete acquisition of scope definition and related data.
- Coordinates pricing structure or criteria to be used by each discipline or specialty to meet the objectives of the cost estimate. Establishes format and content of summaries and reconciliations, including segregation of cost according to the level of confidence and identification of areas of risk.
- Interprets and executes policy, objectives, and standards applicable to cost control and cost analysis activities.
- Directs cost analysis and problem-solving activities and develops and executes policy objectives and standards applicable to cost analysis activities.
- Creates and implements measurement systems for given processes, analyzes performance metric results, and identifies improvements. Ability to use statistical tools to analyze metrics (e.g., regression, analysis of variance, correlation), and ability to analyze measurement systems to identify bias, repeatability, and stability issues.

**Qualifications and Skills**

**Basic Qualifications**
- Bachelor’s degree in Engineering, Construction Management or related field required.
- Minimum of 15 years of related work experience in project controls with an emphasis on managing overall project costs required.

**Additional Qualifications**
- Experience and demonstrated skill in directing cost engineering functions, including cost estimating, cost control, and cost analysis, in the field and the home office. Experience and demonstrated skill in establishing criteria for Project Controls activities.
- Skilled in providing direction, personnel administration, and training of technical and non-technical personnel.
- Demonstrated skill in identifying, analyzing, and solving problems.
- Advanced level of knowledge of engineering, procurement, contracts, construction, and startu

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