Senior Cost Estimation and Management Specialist

3 days ago

Singapore DYNA-MAC ENGINEERING SERVICES PTE LTD Full time
Job Overview

We are seeking an experienced Senior Cost Estimation and Management Specialist to join our team at Dyna-Mac Engineering Services PTE LTD. As a key member of our commercial department, you will play a crucial role in leading the estimation and analysis of costs for various projects.

Estimated Salary: SGD 12,000 - 18,000 per month (depending on experience)

About the Role:

The successful candidate will be responsible for leading and directing estimating resources and proposing costing strategies through the review and analysis of completed projects as well as global and regional cost data. This includes ensuring that the Estimation & Analysis (E&A) Team personnel are in possession of correct skills, are given appropriate training, and are sufficiently resourced to accomplish their tasks effectively. Additionally, you will be responsible for the effective review of tender specifications by E&A team and to ensure full understanding of project preambles and methods of measurement for purpose of generating accurate costing for tenders in line with project requirements.

Responsibilities:

• Lead the post-mortem analysis of costs based on data collected from completed projects and conduct lessons learned on tenders which were not successful.
• Refine and reconfigure estimating and analysis business processes that will ensure applicability at the project level.
• Ensure the setting up of a robust bid analysis system to evaluate cost estimates metrics by trades, categories, cost codes etc.
• Responsible for leading the implementation of cost estimating strategies for projects, including direct labour, materials, permanent equipment, construction equipment, project conceptual layout, outsourcing, etc.
• Prepare and submit accurate cost estimations, cost summaries and bid analysis by E&A team, and concise presentation in a timely fashion for submission to senior management.
• Triangulate cost estimates, actual past project costs, and proposed basis for costing strategy, for discussion and review with senior management.
• Set up and preserve database system for project cost estimates versus actual project costs by working with Marketing, Project Management, Production, Procurement, Sub-Contracting, Quantity Surveying, and Finance functions within the Company.
• Review project plans and specifications and ensure effective coordination between the E&A team and other departments to confirm complete scope.
• Identify and evaluate all cost-related technical issues in projects.
• Ensure comprehensive review and completion of the bid forms and ensure that they are within the given specifications.
• Monitor tender results and update tender register properly.
• Conduct tender costing review with senior management and tender committee for approval.
• Prepare and issue project budget for commercial handover to Project Managers and Production upon project award.

Requirements:

To succeed in this role, you will need:

• Bachelor's Degree in any Technical discipline
• Minimum 10 years of commercial experience with roles in cost estimation and/or quantity surveying, preferably in the Singapore marine and offshore industry.
• Experience in the fabrication of Oil & Gas process modules, structures and skids preferred.
• Strong analytical and problem-solving skills.
• Good written and verbal communication skills.

Tell employers what skills you have: Negotiation, Budget Proposal, Construction Management, Oil and Gas, Outsourcing, Quantity Surveying, Electrical, Project Proposals, Fabrication, Estimates, Procurement, Producing Proposals, FPSO, Project Management, Subcontracting, Tendering, Pricing, Directing, Electrical Engineering, Project Cost

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