Project Cost Estimator

PM Group•Raleigh, NC

11h

About The Position

The Project Cost Estimator position is an exciting opportunity to join PM Group’s quickly growing Raleigh area Outsourced Technical Services(OTS) team in the Greater RTP area. Outsourced Technical Services (OTS) is an integral part of PM Group’s ability to support clients across the complete project life cycle. We have over 50 years’ industry experience, strong technical knowledge and integrated resources. Clients look to us to provide experienced technical professionals that complement their project teams. Together we are sharing knowledge, learning, growing and continuing to be an integral part of supporting PM Group’s ongoing expansion in the US. We are looking for a professional who enjoys client interaction as well as the technical aspects of the position. This individual needs to have an understanding of the technical aspects of cost estimating. The ability to successfully handle multiple real-time complex cost estimating tasks as well as maintain a strong work ethic and drive to deliver for clients as a collaborative colleague are a must for this role. The Project Cost Estimator will be mentored by Project Controls leadership and will assist with the development of different classifications of cost estimates. They will also be involved with the mentoring and development to less experienced Cost Estimating team members. Expect project work to include all levels of design: feasibility studies, conceptual & schematic design, construction documentation, and construction administration. Project sizes will vary and will consist primarily of life science industry projects doing both existing building improvements and new construction. PM Group is an employee owned, international project delivery firm with a team of 4,000+ people. We are world leaders in the pharma, food, biotech, medical technology and mission critical sectors. From our network of offices in Europe, Asia and the US, we work with the world's leading organizations. We are focused on growing a sustainable business centered on our people, our clients and trade partners.

Requirements

5-10+ years Project Cost Estimator experience in multi-billion complex project is a must.
Experience with EPCM managed projects
Strong knowledge of project management principles, cost control methodologies, and financial analysis techniques. Excellent analytical skills, with the ability to gather and interpret complex financial data.
Being about to see the big picture and a hands-on mentality to drill deep when needed.
Proficiency in ERP / IT tools (SAP, BW, Power BI), including advanced MS Excel skills.
Detail-oriented mindset, with ability to deliver with accuracy, on-time and reliability.
Ability to deliver on deadlines, to handle multiple tasks (exceptional organizational and prioritization skills) and ability to handle pressure.
Effective communicator, with the ability to present complex financial information in a clear and concise manner.
Strong problem-solving skills and the ability to identify cost-saving opportunities.
Knowledge of relevant financial regulations and compliance standards.
Proactive and self-motivated individual who can work both independently and collaboratively in a team.
Project language is English, knowledge of the Dutch language is a plus.
Regular travels to Spain (Madrid, Bilbao). 25% travelling depending on the phase of project
Being available during the duration of the Project 3-4years

Nice To Haves

knowledge of the Dutch language is a plus.

Responsibilities

Project Cost Estimation: Develop and manage detailed project cost estimates and budgets. Monitor and control costs throughout the project lifecycle, ensuring costs remain within budget.
Responsible for and drive periodic project cost reporting to the management providing on-time, reliable and quality analysis, and recommendations to enable the Project team to steer project in the right direction.
Validate, challenge, analyze and recommend action on all relevant agreed Project KPIs through the monthly project controls reporting. i.e. Earned Value Management, Value of Work Done, Schedule Performance Index, Cost Performance Index, Cash out curve, trending etc
Prepare accurate and timely project cost reports, including cost estimates, cost forecasts, cost performance analyses for management.
Collaborate with Contractor(s) EPCM/PMC to collect project cost data periodically and verify that the Forecast to complete remains in accordance with the established plans and schedules. Highlight and communicate variance to stakeholders on timely basis and ensure corrections / updates are performed with EPCM. Prepare periodic summary on EPCM performance for the management.
Collaborate with different internal stakeholders to understand, update, and build a reliable forecast on project costs.
Analyze project budgets, actuals, forecast to complete, estimate at completion, and variances, identifying potential risks and opportunities for cost savings or cost overruns.
Collaborate with stakeholders to periodically review, maintain, and update cost breakdown structure, cost codes and project reporting formats / templates to enhance accuracy and efficiency.
Monitor project progress, track actual costs, and compare against budgeted costs, identifying any deviations and recommending corrective actions to project stakeholders.
Conduct regular cost control meetings with project teams, providing guidance on cost management, assisting in budget planning, and addressing any cost-related concerns.
Ensure compliance with company policies, procedures, and relevant financial regulations and standards