Cost Estimation Specialist_Aspen Certified

Samsung E & A India; Mumbai; On-site; INR 1,200,000 - 1,800,000; Full time

Job summary

Samsung E & A India is seeking a Cost Estimation Specialist for our Mumbai (WFO) site. The role focuses on tender cost estimation, ITB review, and developing detailed cost proposals for EPC projects in the oil/gas and petrochemical sectors.

You will work with the estimation team to ensure accuracy, compliance with standards, and competitive bid delivery across multiple sites and regions.

Qualifications

• Bachelor's degree in engineering or related field and ASPEN Certified.
• Proven experience in construction estimating within the EPC industry.
• Familiarity with subcontracting processes, ITB documents, and project execution.
• Strong analytical skills for comprehensive cost investigations.
• Detail oriented with a focus on accuracy in estimating construction costs.
• Effective communication skills to work with subcontractors and internal teams.
• Proficiency in relevant software and tools for estimating and project management.

Responsibilities

• Review ITB requirements such as drawings, specifications, and project scope to identify materials, equipment, and labor.
• Perform cost verification and evaluation of bidder's proposed price to determine tender cost.
• Develop construction proposals with detailed cost estimates and schedules.
• Work with estimation team to ensure proposal cost aligns with scope, schedule, and budget.
• Review technical proposals to ensure execution plans meet ITB requirements.
• Maintain documentation of estimates, proposals, and contracts.
• Continuously review and improve estimating processes for accuracy and efficiency.
• Identify opportunities for process improvement in estimation methodologies.
• Ensure compliance with industry standards, regulations, and company policies.

Skills

Analytical skills

Communication

Negotiation

Estimating software

MS Office

AutoCAD

Cost estimation

Education

Bachelor's degree in engineering

ASPEN Certified

Tools

MS Office

AutoCAD

Job description

Position : Cost Estimation Specialist (Aspen Certified - MUST)

Job Location: Mumbai (WFO)

Key Responsibilities & Roles

• 1) Review Tendering ITB Requirements such as drawings, specifications, and project scope to identify the construction materials, equipment, and labor required to carry out the project
• 2) Perform a cost verification and evaluation of the bidder's proposed price such as materials, equipment, labor, and other factors to determine the proposal construction cost for the tendering.
• 4) Develop construction proposals that include the detailed cost estimates, project schedule, and any other relevant project information to make the proposal competitive.
• 5) Work with the estimation team to ensure that the proposal construction cost is capable of delivering the project within scope, schedule, and budget.
• 6) Review technical proposal to ensure that the execution plan and details are accurately reflected in accordance with ITB requirements.
• 7) Maintain documentation of all estimates, construction proposals, and project contracts.
• 8) Continuously review and improve construction estimating processes to increase accuracy and efficiency of project cost estimates.
• 9) Continuous Improvement : Identify opportunities for process improvement in estimation methodologies, to increase accuracy and efficiency.
• 10) Standards Compliance: Ensure compliance with industry standards, regulations, and company policies in all estimating activities.

Requirements

• 1) Bachelor's degree in engineering or related field & ASPEN Certified.
• 2) Proven experience in construction estimating within the EPC industry.
• 3) Familiarity with subcontracting processes, ITB documents, and project execution.
• 4) Strong analytical skills for comprehensive cost investigations.
• 5) Detail oriented with a focus on accuracy in estimating construction costs.
• 6) Effective communication skills to work with subcontractors and internal teams.
• 7) Proficiency in relevant software and tools for estimating and project management.

Technical Skills / Competencies

• 1) Strong analytical and problem solving skills
• 2) Excellent communication and negotiation skills
• 3) Proficiency in estimating software and tools such as MS Office, Auto CAD, etc.
• 4) Ability to determine the cost of materials, equipment, labor, and other factors affecting project costs

Knowledge

• 1) Specialized knowledge of construction proposals such as construction cost estimating, cost analysis, contract review, document maintenance, etc.
• 2) Knowledge of Oil / Gas / Petrochemical plants construction challenges and associated cost/schedule/risk factors.
• 3) Understanding of construction methods and materials.

Experience

• 1) 12+ Year Experience in construction estimation and proposal preparation
• 2) Experience working in Oil / Gas / Petrochemical EPC plants.
• 3) Construction Proposal Estimation & Costing experience is mandatory
• 4) Cost & Schedule Management experience is preferred
• 5) Construction subcontracting experience is preferred
• 6) Experiences from various sites at the Middle East region is preferred

Bachelor degree in Engineering, preferably in Mechanical/Industrial Engineering or Construction Management with minimum 6 years of experience Petrochemical and oil refineries