Bid Cost Manager

Alstom•Pittsburgh, PA

7d•Hybrid

About The Position

Responsible for leading cost estimation and pricing activities during the pre-tendering and tender phases to ensure competitive, accurate, and robust bid submissions. This role collaborates closely with Bid Management, finance tender control, and technical teams to optimize costs and align with strategic pricing objectives.

Requirements

Strong analytical and financial acumen.
Expertise in cost estimation, benchmarking, and market analysis.
Proficiency in tendering processes and pricing strategies.
Excellent collaboration and communication skills.
Ability to lead cross-functional teams under tight deadlines.

Nice To Haves

We value passion and attitude over experience. That’s why we don’t expect you to have every single skill. Instead, we’ve listed some that we think will help you succeed and grow in this role

Responsibilities

Prepare quick costing estimates.
Conduct internal cost benchmarking and market price analysis using product cost databases and lessons learned from recent projects.
Support the Bid Manager in preparing the Instruction for Quotation in line with pricing strategies from Central HQ Sales.
Define cost structure based on internal Work Breakdown Structure (WBS) and map it to pricing documents outlined in the Request for Proposal (RFP).
Set target costs per activity or subsystem in coordination with Bid Sub-System Managers, ensuring alignment with winning price targets and gap analysis versus Reference Solution.
Lead cost estimation activities using a target cost approach across all participating units and métiers.
Drive cost improvement actions to achieve tender cost/target price, leveraging competitiveness levers and challenging contributors.
Collaborate with Finance Tender Manager to optimize financial costs (bonds, financing, hedging, insurance, taxes) and enhance bid competitiveness.
Work with Bid Manager and Bid Team to monitor bid actuals against budget and mitigate overspend.
Consolidate tender cost commitments and selling price in compliance with financial rules and tools.
Ensure robustness of costing by validating consistency between scope, received cost inputs, and planning.
Prepare costing packages for Tender Review Meetings (cost analysis, bridges, standard reports, cash curves).
Support preparation of customer pricing sheets.
Update cost commitments for changes during customer negotiations.
Transfer tender costing data and assumptions to Project Execution teams.
Develop and manage Tender KPI dashboards for monthly reporting to management.