Cost Estimator

Sembcorp Industries; Singapore; On-site; SGD 80,000 - 110,000; Full time

Job summary

A leading energy solutions provider in Singapore is seeking a Cost Estimation Specialist. You will develop cost models to support project tendering and work closely with engineering for accurate cost database maintenance. The ideal candidate has over 6 years of experience in cost estimation, preferably in construction or utilities, and excels in supplier relationship management. This role offers the opportunity to make a significant impact on energy transition initiatives.

Qualifications

• 6+ years of experience in cost estimation for construction or similar works.
• Proficiency in developing cost models using Excel or equivalent.
• Industry experience in utilities and/or construction sectors preferred.

Responsibilities

• Develop cost models for tendering.
• Collaborate with Engineering to update cost database.
• Guide procurement team on cost estimation models.

Skills

Cost estimation

Cost modeling in Excel

Supplier relationship management

Project management

Education

Bachelor’s degree in Business Administration, Supply Chain Management, Engineering, or related discipline

Tools

SAP Material Management (MM)

Job description

About Sembcorp
Sembcorp is a leading energyand urban solutions provider headquartered in Singapore. Led by its purpose to drive energy transition, Sembcorp delivers sustainable energy solutions and urban developments by leveraging its sector expertise and global track record.

Play a role in Powering Asia’s Energy Transition

Drive Asia’s energy transition with us! Our Gas & Related Services segment is a key growth engine, delivering reliable and efficient energy to industries and communities across multiple countries. We support Asia’s growing energy needs while advancing the shift to a lower-carbon future.

Roles & Responsibilities

• Develop and build cost models to support cost estimation activities required for tendering.

• Collaborate closely with the Engineering Department to derive the required unit rates for cost database.

• Establish and maintain a framework to ensure the cost database is regularly updated, providing high accuracy and quick turnaround in project cost estimates.

• Continuously improve and fine-tune the cost model to meet the Company’s evolving requirements.

• Ensure all cost estimation activities adheres to Company’s procedures and industry standards.

• Guide the rest of the procurement team on established cost estimation models, enabling them to support Engineering and Commercial Teams effectively during bidding.

• Performs detailed checks on larger projects to verify the accuracy of submitted cost estimates.

• Review Contractor’s bid for high-value and complex projects and provide advice to the wider team.

• Maintain proper records of all submitted cost estimates.

• Conduct costing analysis on completed projects and unsuccessful bids to improve future project preparation.

• Stay informed on market trends, competitor strategies, and supplier developments.

• Build and maintain strong supplier relationships on behalf of the organization.

• Support wider procurement team on RFQ activities.

Qualifications, Skills & Experience

• Bachelor’s degree in Business Administration, Supply Chain Management, Engineering, or a related discipline

• At least 6 years of experience in cost estimation for construction or similar works

• Able to develop and program cost models using Excel or other programs

• Industry experience in utilities and/or construction sectors is preferred

• Familiarity with SAP Material Management (MM) modules is advantageous

Preferred Skills & Characteristics

• Strong communication, negotiation, interpersonal, and influencing skills

• Effective time management with the ability to prioritize tasks and meet deadlines

• Resilient and able to perform under pressure in fast-paced, high-stakes environments

Our Culture at Sembcorp

At Sembcorp, our culture is shaped by a strong set of shared behaviours that guide the way we work and uphold our commitment to driving the energy transition.

We foster an institution-first mindset, where the success of Sembcorp takes precedence over individual interests. Collaboration is at the heart of what we do, as we work seamlessly across markets, businesses, and functions to achieve our goals together. Accountability is a core principle, ensuring that we take ownership of our commitments and deliver on them with integrity and excellence. These values define who we are and create a workplace where our people can thrive while making a meaningful impact on driving energy transition.

Join us in making a real impact!