Cost Estimator

3 weeks ago

Toronto, Ontario, Canada Alstom Full time
Job Title: Cost Manager

At Alstom, we're committed to creating a greener and smarter mobility future. As a Cost Manager, you'll play a crucial role in reducing the carbon footprint of Canada's busiest public transit system.

Job Summary

We're seeking an experienced Cost Manager to join our team. In this role, you'll be responsible for preparing, leading, and managing cost planning, control, and pricing aspects of tenders and projects. You'll work closely with the project and bid teams to develop, control, plan, and forecast budgets, and manage and consolidate costs on a system and sub-system level.

Key Responsibilities
  • Prepare costing during the pre-tendering phase, based on product cost databases and return of experience from project execution.
  • Undertake benchmarking exercises based on REX from comparable projects.
  • Lead on pricing up variation orders.
  • Support the Bid Manager in preparing price submissions for various projects and work packages.
  • Define the cost structure for the bid according to RFP terms and conditions, sales requirements, etc.
  • Define target costs per activities and/or sub-systems in coordination with sub-system managers, identify and propose gaps versus Reference Solution.
  • Lead cost estimation activities based on target cost approach with all participating units and métiers.
  • Support Cost Management, Planning, and Control activities on the project/programme.
  • Lead cost improvement actions to reach tender cost/target price using all competitiveness levers, and challenge contributors where appropriate.
  • Work with the Finance Department to optimize financial costs (bonds, financing, hedging, insurance, taxes, etc), and improve overall competitiveness of the bid.
  • Consolidate tender costs commitment and selling price as per financial rules and in the consolidation tool (Mercury/ or).
  • Control the level of robustness of the costing (consistency between scope of work, costing received, and planning), and use the Costing robustness assessment grid.
  • Support proactively the project teams and tender team/discipline leads during the tender validation process.
  • Prepare the Costing package for TRM (Tender Review Meeting) (cost analysis/bridges, standard report, cash curve, etc), and support the tender leader on the preparation of the pricing sheet for the customer.
  • Lead cost estimation activities, in coordination with sub-system manager, for changes discussed with the customer during negotiation phase and update the cost commitment.
  • Transfer tender costing data (with related assumptions) to Project (TTM / Tender Transfer Meeting) + variance analysis (from TRM/ Tender Review Meeting --> TTM/ Tender Transfer Meeting).
  • Support on demand the Project team on costing for variation orders.
  • Prepare, produce, lead, and manage the cost estimations for VO (Variation Order) and NAVO (Non-Agreed Variation Order) within the Project team, with the support of the Finance Project Manager for financial offer.
  • For all transversal activities at programme/system level: Collect and monitor cost reduction initiatives with the support of the related Métier: ideas collection, preliminary studies, action plan follow-up, risk & savings register update Coordinate costing analysis during design phase with the support of the related stakeholders, for the activities impacting several Métiers (ex: budget versus savings analysis) Build comparisons on different solutions and support Make or Buy evaluations (in coordination with the Finance Project Manager and Project Operation Manager/or Project Industrial Manager).
  • Support the Finance Project Manager in the monitoring of forecasted EAC (Estimated At Completion) at project/programme level: Ensure that committed and secured savings, including the related action plan, are registered in the FPR (Finance Project Review) Support and Lead on Work Pack Management activities, support EVM (Earned Value Management) efforts Highlight deviations from budget.
  • Secure the implementation of the savings action plan.
Requirements
  • Engineering degree and/or Business School.
  • Minimum 5 years of experience in Industry.
  • Experience in Railway industry desirable.
  • Knowledgeable of Costing, in similar industry.
Skills & Competencies
  • Ability to recognize product and associated costs, and understand operational flows (engineering, manufacturing, industrial, etc).
  • Ability to analyze and challenge contributor's commitments.
  • Ability to define cost impact of terms & conditions.
  • Sufficient awareness of financial rules and contractual aspects (bonds & guarantees,...).
  • Experience in Value analysis, Product cost, and Cost models.
  • Rigor and good analytical skills.
  • Fluent in English.
  • Results and data-driven.
  • Collaborative and team player in a diverse environment.
  • Proactive and keen to implement processes and continuously improve.
  • Curiosity for the product and its environment.
  • Ability to work in network and integrate with bid and project team whilst maintaining independence.
  • Good communication skills (presentations, synthesis, relationship with contributors...).
  • Comfortable in an international and a multi-cultural environment.
  • Ability to deliver on-time.
  • Transparency, autonomy, anticipation, initiative, reactivity.

We're an equal-opportunity employer that celebrates diversity across the 63 countries we operate in. We're committed to creating an inclusive workplace for everyone.

Job Type: Experienced

Job Segment: Manager, Pre-Sales, RFP, Database, Telecom, Management, Sales, Technology

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