Senior Principal Estimator

Job Overview: The Senior Principal Estimator is tasked with solving unique and complex problems that broadly impact the business. They must proactively identify and solve the most complex problems that impact the management and direction of the business. The Senior Principal Estimator is considered a specialist in estimating and offers a broad knowledge base about the Project Controls function. The Senior Principal Estimator impacts the direction and resource allocation of programs and projects in their discipline and works within general functional policies and industry guidelines. The Senior Principal Estimator role requires conceptual and innovative thinking to develop creative solutions to estimating challenges.

Responsibilities

Provide guidance and leadership to the Functional Estimators and Benchmark Estimators; Ensure that the estimates produced are of the highest quality and technically compliant; Support and assist the Estimating Manager; Work with the proposal team to prepare estimates and bids for clients; Attend all tender-related meetings; Understand the proposal requirements and direct attention to inconsistent or high-risk areas; Read the technical documents to prepare a proper estimate; Gather information and input from functions with support from the project manager; Consult with Subject Matter Experts to discuss estimates and resolve issues; Create an Estimate with available benchmarks and from experience; Evaluate the estimates received from functions against the internal estimate; Give regular updates to the department manager and highlight concerns; Analyze cost components that are critical/crucial and seek quotes for only those items; Attend and participate in bid review, estimate evaluation, and risk assessment meetings; Analyze and comment on the execution plans of the project; Prepare a comprehensive Basis of Estimate (BOE); Accurately predict the cost, size, and duration of future projects; Analyze many inputs to determine how much time, money, and labor a project needs and how profitable it will be; Utilize the support of the benchmarking team by analyzing cost information from other similar projects and preparing benchmark reports; Assure that the estimate is completed promptly, cognizant of the Bid Win Strategy, accurate, free of errors, and in line with the agreed execution plan; Evaluate and recommend ways to be more cost-effective or profitable

Requirements

10+ years cost-estimating experience in the Oil and Gas & Energy industry; Willingness to work overtime as necessary to meet deadlines; Intermediate/advanced level in MS Office systems (Excel, Word, PowerPoint); Ability to accurately evaluate detailed specifications; Attention to small details; Ability to plan work efficiently and accurately; Ability to write detailed reports

Nice to have

Bachelor’s degree in Engineering; Cost estimation experience preferably in the Oil & Gas industry at a Senior or Supervisory level