Cost Manager

ALSTOM Gruppe; Old Toronto; On-site; CAD 70,000 - 110,000; Full time

Job summary

Join a forward-thinking company dedicated to transforming public transit in Canada! As a Cost Manager, you will play a pivotal role in managing cost planning, control, and pricing for significant projects that enhance mobility in the Greater Toronto and Hamilton areas. This position offers the chance to work on innovative projects that reduce carbon footprints while collaborating with a diverse team of professionals. If you thrive in a fast-paced environment and are passionate about making a difference, this opportunity is perfect for you. Embrace the challenge and be part of a team that is shaping the future of transportation!

Qualifications

• 5 years of experience in industry, preferably in railway.
• Strong analytical skills and ability to manage budgets.

Responsibilities

• Lead cost estimation and control for projects and tenders.
• Support project teams and ensure timely costing deliverables.
• Identify cost-saving initiatives and manage financial aspects.

Skills

Cost Planning

Cost Control

Financial Analysis

Budget Management

Cost Estimation

Benchmarking

Collaboration

Analytical Skills

Communication Skills

Project Management

Education

Engineering Degree

Business School Degree

Tools

Earned Value Management Systems

Financial Software

Job description

Cost Manager

Location: Toronto, ON, CA

Company: Alstom

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.

Imagine playing a central role in reducing the carbon footprint of Canada’s busiest public transit system and doing so with a consistently ranked Top Employer with a global reach. As part of the ONxpress consortium, Alstom is proudly working to transform the collective mobility of the Greater Toronto and Hamilton areas (GTHA) through the On-Corridor Works project. The GO Expansion scope includes new electric locomotives, fleet upgrades, train control systems, network electrification, signalling, telecommunications and digital systems.

Objective

• Prepare, lead and manage cost planning, control, and pricing aspects of a tender and project.
• Support the project and bid team on all financial aspects.
• Undertake benchmarking exercise for internal evaluation plus to demonstrate value for money to the client.
• Develop, control, plan and forecast budgets, and manage cost on system and sub-system level.
• Support setting up, developing, and maintaining Earned Value (EV) Systems aligned with cost control and management systems.
• Lead cost estimation activities on project and programme level.
• Identify cost savings and revenue enhancing initiatives.

Responsibilities

• Prepare costing during pre-tendering and tendering phases.
• Undertake benchmarking exercises based on REX from comparable projects.
• Lead on pricing up variation orders.
• Support the Bid manager in the preparation of price submissions.
• Define the cost structure for the bid according to RFP.
• Define target costs for activities and/or sub-systems.
• Lead cost estimation activities and challenging sessions.
• Support Cost Management, Planning and Control activities.
• Lead cost improvement actions to reach tender cost/target price.
• Work with Finance Department to optimize Financial costs.
• Consolidate tender costs commitment and selling price.
• Control the level of robustness of the costing.
• Support project teams during the tender validation process.
• Prepare the Costing package for TRM.
• Lead cost estimation activities during negotiation phase.
• Transfer tender costing data to Project.
• Support the Project team on costing for variation orders.
• Prepare, produce, lead and manage the cost estimations for VO and NAVO.
• Collect and monitor cost reduction initiatives.
• Coordinate costing analysis during design phase.
• Support the Finance Project Manager in monitoring forecasted EAC.
• Highlight deviations from budget.
• Secure the implementation of the savings action plan.

Performance Measurements

• Provide all costing and pricing deliverables on time.
• Accuracy and robustness of costing.
• Reliability of cost commitment.
• Securization of committed savings.

Requirements

• Engineering degree and/or Business School.
• 5 years of experience in Industry.
• Experience in Railway industry desirable.
• Knowledgeable of Costing in similar industry.
• Ability to analyze and challenge contributor's commitments.
• Ability to define cost impact of terms & conditions.
• Sufficient awareness of financial rules and contractual aspects.
• Experience in Value analysis and Cost models.
• Rigor and good analytical skills.
• Collaborative and team player in a diverse environment.
• Good communication skills.
• Comfortable in an international and multi-cultural environment.
• Ability to work under pressure and deliver on-time.

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.