Bid Cost Manager

Alstom; Toronto; On-site; CAD 80,000 - 100,000; Full time

Job summary

A leading transportation solutions provider in Toronto seeks an experienced professional to lead cost estimation, planning, and pricing for major infrastructure projects. The role necessitates a degree in Engineering, Maths, or Business, with over 7 years in estimating and cost management, particularly in Railway and Signaling. Candidates should excel at Excel and potentially have Salesforce and Primavera P6 skills. Join a committed team that values diversity in an inclusive workplace.

Qualifications

• 7+ years of experience in estimating and cost management on large scale public infrastructure projects, preferably Railway and Signaling.

Responsibilities

• Lead and manage cost estimation, planning, control, and pricing aspects of a tender and project.
• Support the project teams by developing, controlling, planning and forecasting budgets.
• Prepare the costing packages for all internal and customer gate reviews.

Skills

Expert level Excel user

Fluency in English

Salesforce skills

Primavera P6 skills

Education

Engineering, Maths and/or Business Degree

Tools

Excel

Salesforce

Primavera P6

Job description

Req ID:509459

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.

Objective

• Lead and manage cost estimation, planning, control, and pricing aspects of a tender and project
• Supports the project and bid teams by developing, controlling, planning and forecasting budgets, and by managing, consolidating and controlling cost at system and sub-system levels
• Undertake benchmarking exercise for internal evaluation and to demonstrate value for money to the client
• Lead on identifying cost savings and revenue enhancing initiatives.
• Maintain, update and improve costing tools and ‘ways of working’

Responsibilities

• Undertake benchmarking exercises based on ‘return of experience’ (REx) from comparable projects and Reference Solutions
• Define target cost per activities and/or sub system in coordination with sub-system managers, identify and propose gaps versus Reference Solution
• Support the Bid Manager in the preparation price submissions for various projects and work packages
• Lead cost estimation activities based on target cost approach with all participating units and functions (métiers)
• Lead cost improvement actions to reach tender cost /target price using all competitiveness levers, and challenge the contributors where appropriate
• Work with Finance Department to optimize Financial costs (bonds, financing, hedging, insurance, taxes, etc), and to improve overall competitiveness of the bid
• Consolidate tender costs commitment and selling price as per financial rules and in the consolidation tool (Mercury/2.1 or Ody.C)
• Control the level of robustness / quality 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 packages for all internal and customer gate reviews and submissions (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 to support project launch
• Support the Finance Project Manager in the monitoring of forecasted EAC (Estimated At Completion) at project/programme level:
• Work closely with Risk teams to assess cost impacts and provide structured, critical input to enhance the quality of analyses

Performance Measurements

• Provide all costing and pricing deliverables on time
• At Tender Phase: Completeness, Accuracy and Robustness of costing/pricing, including adherence to scope and cost forecasting.
• At Project/programme execution stage: securization of committed savings & early warning on PPI evolution

Requirements

• Engineering, Maths and/or Business Degree
• 7+ years of experience in estimating and cost management on large scale public infrastructure projects – Railway and Signaling experience preferred
• Expert level Excel user
• Salesforce and Primavera P6 skills desirable

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 relative to scope and available resources
• Sufficient awareness of financial rules and contractual aspects (bonds & guarantees, …)
• Experience in Value analysis, Product cost and Cost models
• Rigor and good analytical skills, shows initiative and creativity
• Fluency in English a must, French language skills are desirable
• Delivers data driven results on-time
• Collaborative and team player in a diverse, multicultural, international 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 with a high degree of independence
• Good communication skills (presentations, synthesis, relationship with contributors ...)

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.