Material/Resource Forecasting

Hydro One Networks Inc•Orillia, ON

4d•CA$3,610 - CA$4,848•Onsite

About The Position

Hydro One is the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers with a history spanning over 110 years. The company is focused on providing exceptional customer service and building safe communities. This role supports the Estimating and Scheduling Engineer/Officer in delivering estimating services and reports within the Engineering organization. It involves assisting in the development and maintenance of a Database of Engineering Estimates and preparing detailed material and resource forecasting reports for projects. The role also analyzes the implications of project status changes and supports engineering managers in assigning design resources for released projects.

Requirements

Experience with accounting practices, budgeting, cost calculation, and inventory procedures related to engineering estimating and equipment and material forecasting processes.
A period of over 6 years and up to and including 8 years of experience is considered necessary.
Knowledge of project management, engineering, and accounting principles to perform cost analysis and cost control operations related to estimate preparation, forecasting, and supply demand reports.
Knowledge of computer technology for report compilation and data retrieval/extraction.
Good knowledge of English for effective communication, presentation preparation, and technical report writing.
Knowledge acquired through completion of Grade XII plus 4 years of further concentrated study.
Experience in a procurement environment to understand contracting, construction, and commissioning standards and processes.
Understanding of estimating and scheduling practices and the use of relevant information system computer applications.

Responsibilities

Assist in developing estimates based on material and engineering design resource reports and forecasting by applying project management, engineering, procurement, accounting, construction, and commissioning standards, processes, and policies.
Coordinate inputs from various project-related subject matter experts within E&CS, Project Management, Work Optimizations, and other LOBs.
Organize the Long Lead EQP/Materiel Report and conduct material lead-time analysis versus funding release.
Work with departments such as Engineering, Project Management, Investment Planning, Work Optimization, and Asset Management to minimize the gap between project awarding date and EQP/Materiel ordering, and construction start date and EQP/Material delivery date.
Create and update formulas and flag project dates to match required I/S dates.
Present Long Lead EQP/Material Report and other estimating-related reports to E&CS managers, Project Management, Work Optimizations, Asset Management, and other departments.
Provide weekly release of the Long Lead EQP/Material report to top management and create the interface for online web posting.
Organize engineering design resource forecast reports and supply/demand reports to support work planning and funding decisions.
Work with departments such as Engineering, Project Management, Investment Planning, Work Optimization, and Asset Management to minimize the gap between project award and resource availability, and construction date and design deliverables.
Present Resource Forecast Report and other related reports to E&CS managers, Project Management, Work Optimizations, Asset Management, and other departments.
Provide weekly updates to management and create the interface for online web posting.
Receive and evaluate reports from Work Optimization and Project Management regarding project status changes (partial/full awards, cancellations, on hold, I/S date modification).
Provide weekly checking with Work Optimization on project status accuracy and implications of I/S date changes.
Report to the Estimating and Scheduling Engineer/Officer and the Manager of Equipment Engineering & Special Projects any issues regarding project status changes as they pertain to material and equipment ordering.
Create forecasting reports based on the active estimates database.
Analyze resource, equipment, and material forecasting procedures and reporting.
Assist in the development and maintenance of business processes related to engineering estimating, resource forecasting, and equipment and material forecasting.
Work with Engineering, Scheduling, Work Optimization, and Cost Analysis to develop integrated project planning structures (e.g., Work Breakdown Structures (WBS), Estimate Basis Documents) and use them to develop estimates.
Support E&CS managers and staff to extend existing Work Breakdown Structure (WBS) for materials and engineering hours.
Match materials and WBS breakdown classification with purchasing-related catalog classification and programs (PassPort/SAP).
Assist estimators and equipment engineers in WBS split-up and developing project-specific bills of materials.
Assist in the development and maintenance of estimate databases of costs, labor rates, overheads, historic project costs, and other relevant data to provide accurate estimate templates and systematize data for continuous improvement of estimate accuracy.
Extend the analysis of estimating, products, and practices, and identify and lead the integration of industry best practices for estimating reporting.
Analyze risks to be considered at the estimate stage and identify risks that may affect cost or delivery of projects.
Act as a liaison between estimators, project managers, and E&CS managers to create a general Risk Checklist as part of the estimating template.
Support the development of project change notices, identifying factors like scope changes, quantity changes, material changes, and other estimate modifications.
Work with Project Management and Work Optimization to receive timely official status change notices for any modifications affecting project milestone data.
Collect periodical updates from Engineering and Buyer (Inergi) regarding equipment/material average vendor lead time, availability, and expiry date of BPOs.
Update estimating database and reports based on received information.
Customize equipment/materiel tendering scorecards to include capital checking and evaluation points.
Perform other duties as required.