Cost Estimator/ Senior Cost Estimator

Neste; Singapore; On-site; SGD 120,000 - 180,000; Full time

Job summary

Neste is seeking a Cost Estimator / Senior Cost Estimator for its Project Control team in Singapore. You will develop project cost estimates for capital projects, create estimating plans, and work with other colleagues to ensure reliable total cost for investments.

The role emphasizes risk analysis, validation of estimates from EPCM contractors, tool development, data maintenance, and collaboration with the global Neste Cost and Estimating team to improve capital efficiency across the company.

Qualifications

• 5–10 years in cost estimation or project controls.
• BSc/MSc in a relevant field or equivalent.
• Experience with international cost estimating standards and capital projects.

Responsibilities

• Develop project cost estimates for capital projects progressing through the Neste capital project system.
• Participate as a proactive team member of the integrated project team throughout the project lifecycle.
• Create estimating plans, cost estimates and compile basis of cost estimate.
• Conduct cost risk analysis as appropriate for type of cost estimate.
• Validate cost estimates done by external EPCM contractors, when applicable.
• Participate in development and maintenance of cost estimating tools and processes.
• Maintain and use current and applicable cost estimating data and systems.
• Perform project reconciliation studies to improve quality and accuracy of tools and methods.
• Work with the global Neste Cost and Estimating team to build consistency.

Skills

Cost estimation

Project controls

PMO experience

English proficiency

Collaboration skills

Safety mindset

International cost standards

Education

BSc/MSc or equivalent

Tools

Cost estimating tools

IT systems

Job description

Are you looking for a career in an inspiring, global environment where your expertise makes a difference? At Neste, you will be working for the world’s leading producer of renewable diesel and sustainable aviation fuel, which enable our customers to reduce their greenhouse gas emissions.

We are looking for you,

Cost Estimator / Senior Cost Estimator

to our Neste Project Control team in Singapore. We have a medium sized team of experienced cost estimating professionals. The team is responsible for providing world class cost estimates for our own and our strategic partners’ investment projects. Both this role and the team are crucial for the success of our investment projects and ensuring the execution of Neste’s strategic priorities.

You will focus on developing project cost estimates/ creation of cost estimating plans for capital projects,conduct risk analysis and validation. In this job you will work closely with other colleagues in the project management office, project execution teams, investment management and other functions to ensure reliable estimations of project total cost for the investments. There will also be a strong focus in further developing our cost estimation practices and systems. Together with your expertise, we can do meaningful work to drive Neste forward.

Reasons to join

We operate in an inspiring and evolving business environment as a global leader in renewable fuels. We contribute to Neste’s success by living our values every day: we care, we have courage, we cooperate. We prioritize safety at all times and in every location. We strive to create a positive and impactful work environment. Transformation brings new possibilities and fosters our courage and curiosity. As a global company, we support personal development with versatile learning and career opportunities. Collaboration is key, and we believe in flexible, smart ways of working. We work at the office at least three days a week to ensure seamless teamwork and a sense of belonging.

More about the job

Your role in our team

• Develop project cost estimates for capital projects progressing through the NESTE capital project system. Starting from the business opportunity and idea generation phase until the final cost estimate as basis for project appropriation;
• Participate as a proactive team member of the integrated project team throughout the project lifecycle to assure relevant project processes, services and deliverables are considered as an integral input into the final project cost estimates;
• Create estimating plans, cost estimates and compile basis of cost estimate;
• Conduct cost risk analysis as appropriate for type of cost estimate;
• Validate cost estimates done by external EPCM contractors, when applicable;
• Participate in development and maintenance of cost estimating tools and processes;
• Maintain and use current and applicable cost estimating data and systems;
• Perform project reconciliation studies with the aim to improve quality and accuracy of cost estimating tools and methods and ultimately deliver more capital efficient projects;
• Work with the global Neste Cost and estimating team to build consistency in cost estimating methods and data;
• Support the development of Global NESTE project benchmarking tools and methods to drive capital efficiency across the company.

Keys to success in this role / The best combination to succeed in this role

• At least 5- 10 years of working experience in cost estimation, project controls or in PMO functions, and B.Sc. or M.Sc., or equivalent combination of education and experience;
• The ideal candidate brings cost estimating and cost control experience from working in a capital projects portfolio preferably in a petrochemical manufacturing environment;
• Good understanding of international cost estimating standards and experience of investment projects and related cost estimation matters;
• Sound knowledge about international project business;
• Good command in English, both spoken and written
• Excellent collaboration skills with proficiency to influence others;
• Responsible attitude and safety-oriented mindset

Other strengths we value

• Certification in Cost Estimating (CEP, AACE Project management, DACE) is highly appreciated;
• Experience with Cost estimate tools and other relevant IT-systems;
• Having worked closely with EPC(M) and execution contractors on capital projects will be considered as an advantage

Neste (NESTE, Nasdaq Helsinki) is the world's leading producer of renewable diesel and sustainable aviation fuel (SAF), with production on three continents. The company’s renewables production capacity is expected to reach 6.8 million tons annually in 2027. Neste also produces high-quality oil products at its Porvoo refinery in Finland. The company has a network of nearly 1,000 fuel stations with expanding service offering, such as EV charging, in Finland and in the Baltics.

Neste’s strategy focuses on growth in renewable fuels, which help its customers to reduce their greenhouse gas emissions. Neste is included in many international indices for its sustainability performance. In 2025, Neste's revenue stood at EUR 19.0 billion. Read more: neste.com