Bid Cost Manager

Alstom; Toronto; On-site; CAD 102,000 - 134,000; Full time

Benefits offered by this job

Life insurance

Medical benefits

Pension

Job summary

Alstom in Toronto is seeking an experienced cost estimator to lead cost estimation, planning, and financial management for large-scale rail projects and tenders. You will work with Bid, Finance, Risk, and Project teams to develop and optimize budgets and ensure value for money.

The role requires a degree in Engineering/Mathematics/Business, 7+ years of estimating and cost management, expert Excel, and familiarity with Salesforce and Primavera P6.

Qualifications

• Degree in Engineering, Mathematics, or Business.
• 7+ years of estimating and cost management on large-scale projects.
• Expert-level proficiency in Excel.
• Familiarity with Salesforce and Primavera P6 (desirable).
• Ability to analyze and challenge commitments relative to scope and resources.

Responsibilities

• Undertaking benchmarking exercises based on returns from comparable projects.
• Defining target costs per activity and coordinating with subsystem managers.
• Supporting Bid Manager in preparing price submissions for projects and work packages.
• Leading cost estimation activities with participating units and functions.
• Leading cost improvement actions to meet tender cost/price targets.
• Collaborating with Finance to optimize costs and competitiveness.
• Consolidating tender costs and selling price per financial rules.

Skills

Cost estimation

Cost management

Excel

Analytical skills

Communication

English fluency

Education

Engineering/Mathematics/Business degree

Tools

Salesforce

Primavera P6

Job description

Req ID:525358

At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, more than 80 000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

Your future role

Take on a new challenge and apply your cost estimation, planning, and financial management expertise in a cutting-edge field. You’ll work alongside collaborative and innovative teammates.

You’ll play a pivotal role in ensuring the financial success of our projects and tenders by leading and managing cost estimation, planning, control, and pricing activities. Day-to-day, you’ll work closely with teams across the business (Bid, Finance, Risk, and Project teams), developing and optimizing budgets, and much more.

You’ll specifically take care of benchmarking exercises for internal evaluations and demonstrating value for money to clients, but also identifying cost savings and revenue-enhancing initiatives.

We’ll look to you for:

• Undertaking benchmarking exercises based on ‘return of experience’ (REx) from comparable projects and Reference Solutions
• Defining target costs per activity and/or subsystem in coordination with subsystem managers, and identifying and proposing gaps versus Reference Solutions
• Supporting the Bid Manager in preparing price submissions for various projects and work packages
• Leading cost estimation activities based on a target cost approach with all participating units and functions
• Leading cost improvement actions to meet tender cost/target price using all competitiveness levers, and challenging contributors where appropriate
• Working with the Finance Department to optimize financial costs and improve overall competitiveness
• Consolidating tender costs commitment and selling price as per financial rules and in the consolidation tools
• Ensuring the robustness and quality of costing, and using the Costing robustness assessment grid
• Preparing costing packages for internal and customer gate reviews and submissions
• Leading cost estimation activities during the negotiation phase for changes discussed with customers
• Transferring tender costing data to support project launch
• Supporting Finance Project Managers in monitoring forecasted EAC (Estimated At Completion) at the project/programme level
• Collaborating with Risk teams to assess cost impacts and enhance the quality of analyses

All About You

We value passion and attitude over experience. That’s why we don’t expect you to have every single skill. Instead, we’ve listed some that we think will help you succeed and grow in this role:

• Degree in Engineering, Mathematics, or Business
• 7+ years of experience in estimating and cost management on large-scale public infrastructure projects – Railway and Signalling experience preferred
• Expert-level proficiency in Excel
• Familiarity with Salesforce and Primavera P6 (desirable)
• Ability to analyze and challenge contributors' commitments relative to scope and available resources
• Awareness of financial rules and contractual aspects (e.g., bonds and guarantees)
• Experience in value analysis, product cost, and cost models
• Strong analytical skills, attention to detail, and a proactive mindset
• Fluency in English (French language skills are desirable)
• Excellent communication and presentation skills
• Ability to work collaboratively in a diverse, multicultural, and international environment
• Curiosity about the product and its environment
• Commitment to implementing processes and driving continuous improvement

Things you’ll enjoy

Join us on a life-long transformative journey – the rail industry is here to stay, so you can grow and develop new skills and experiences throughout your career. You’ll also:

• Enjoy stability, challenges, and a long-term career free from boring daily routines
• Work with cutting-edge cost estimation tools and methodologies
• Collaborate with cross-functional teams and supportive colleagues
• Contribute to innovative and impactful projects
• Utilise our flexible and inclusive working environment
• Steer your career in whatever direction you choose across functions and countries
• Benefit from our investment in your development, through award-winning learning opportunities
• Progress towards leadership roles or specialized expertise in cost and financial management
• Benefit from a fair and dynamic reward package that recognizes your performance and potential, plus comprehensive and competitive social coverage (life, medical, pension)

Compensation

The expected compensation for this role is $102,000 – $134,000 CAD per year, plus benefits and eligibility for an annual performance bonus. Final compensation will be based on skills, experience, and internal equity.

Use of Artificial Intelligence in Hiring

We do not use artificial intelligence in the recruiting process for this role.

Interview Process & Candidate Communication

Candidates who participate in an interview for this role will be informed of the hiring decision within 45 days of their final interview date.

This job posting represents an existing vacancy.

You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!

Important to note

As a global business, 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.

If you require accommodation during the hiring process, please email us at [e-mail] while referring to the job requisition number, job title and location you applied to.