Senior Specialist - Cost Estimating and Business Planning

Vaco Recruiter Services; Toronto; On-site; CAD 135,000; Full time

Job summary

A recruitment agency in Toronto is seeking an experienced professional for a role focused on cost estimating across various projects. The candidate will collaborate with stakeholders, manage detailed estimates, and ensure alignment with organizational goals. A graduate degree and proficiency in cost estimating software are essential. This position offers a competitive salary of $135,000 annually.

Qualifications

• Graduate degree in a related field; MBA or CPA is an asset.
• Proficiency in cost estimating software and data analysis tools.
• Strong technical writing skills for clear reports and documentation.
• Ability to conceptualize projects early and understand related systems.
• Experience in estimating within complex project environments.

Responsibilities

• Lead detailed cost estimates for materials, labor, and equipment.
• Collaborate with stakeholders to ensure accurate estimates.
• Conduct feasibility studies and analyze cost implications.
• Manage labor rates, escalation factors, and work breakdown structures.
• Prepare cost estimate reports for stakeholders.

Skills

Cost estimating software proficiency

Data analysis skills

Technical writing

Analytical skills

Communication with stakeholders

Education

Graduate degree in business, finance, engineering, or accounting

Tools

Microsoft Excel

Microsoft Access

Microsoft PowerPoint

Job description

We are seeking an experienced professional to provide expert input into cost estimating processes and lead the review, scaling, and cross-functional coordination of estimates. This role involves analyzing and comparing cost projections, identifying and explaining variances, and maintaining alignment between long-term planning and current business needs.

About the Opportunity

• Lead the preparation of detailed cost estimates for materials, labor, and equipment for various projects, using bids, drawings, and specifications.
• Collaborate with internal and external stakeholders such as engineers, contractors, and project managers to ensure estimates are accurate and reflect project needs.
• Conduct feasibility studies and analyze cost implications of potential project changes or scope adjustments.
• Manage and document estimating inputs, including labor rates, escalation factors, and work breakdown structures.
• Advise management on estimating processes and best practices.
• Support the development of the annual business plan and ensure it aligns with long-term strategies.
• Benchmark and review estimates to ensure consistency and accuracy.
• Prepare and deliver cost estimate reports for both internal and external stakeholders.
• Coordinate periodic reviews of cost assumptions and estimate components.
• Maintain schedules for estimate development and publication, and support governance processes related to cost planning.
• Ensure cost estimates align with broader organizational goals and business plans.
• Maintain and support cost tracking structures in financial and project management systems.
• Assist in identifying areas for improvement in systems and processes.
• Support enterprise risk management and strategic planning activities.
• Develop metrics and reports to inform decision-making and performance tracking.
• Monitor business unit results and performance against lifecycle plans.
• Develop and maintain standards and procedures for cost estimating.
• Provide additional analytical and strategic support as needed.

About You

• Graduate degree in a related field such as business, finance, engineering, or accounting; a professional designation (e.g., MBA, CPA) is an asset.
• Proficiency in cost estimating software and data analysis tools.
• Strong technical writing skills for preparing clear and professional reports and documentation.
• Ability to conceptualize projects from an early stage and understand related systems and components.
• Experience in estimating, project controls, or financial planning in complex project environments.
• Understanding of engineering and construction principles and methods.
• Proven ability to work cross-functionally and communicate effectively with a range of stakeholders.
• Strong analytical skills with the ability to assess complex variables and economic factors.
• Solid financial knowledge, including understanding of P&L, balance sheets, and cost structures.
• Proficient in Microsoft Excel, Access, and PowerPoint; experience with estimating or ERP tools is a plus.
• Prior experience in consulting, infrastructure, or capital project environments is an advantage.

Salary: $135,000 / year

How to Apply: Click the “Apply Now” button and follow the instructions to submit your resume. Please note that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #454490. You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.