Cost & Estimating Lead

Cost & Estimating Lead
Company:

Turner & Townsend



Job Function:

Finance

Details of the offer

Job Description The Costing and Estimating Lead will be responsible for leading the cost and estimating team within the PMO function.
The role holder will lead the review, development and implementation of processes, procedures and systems to be used in the planning, estimating, budgeting, funding, managing, and controlling costs so that the project can be completed within the approved budget.
The role holder shall provide leadership in costing and estimating throughout the delivery of the major project, ensuring that the costing and estimating controls are being complied with across the project, including by the Project Delivery Partner and the appointed contractor(s).
The role holder will also lead cost management and estimation across the programme and will ensure that there is a focus on accurate forecasting of out-turn costs and cash flow and a culture of mitigating any estimated cost-overruns is embedded.
Lead the costing and estimating team within the PMO function  Oversee the review, development and implementation of processes, procedures and systems to be used in the planning, estimating, budgeting, funding, managing, and controlling of costs so that the project can be completed within the approved budget  Undertake a review of program requirements in relation to cost management and control in relation to budget, forecasting, cashflow and payment of costs and in line with finance and reporting requirements Develop the necessary processes and systems for cost management and control which align to the commissions existing processes and systems Identify and define an appropriate software, where required, for costing and estimating and support in the implementation of same Develop and define contingency management processes and procedures Define and manage the funding and cashflow requirements for the project and effectively report this to TII monthly, to ensure contractual compliance with all contracts Develop and draft the cost management requirements for procurement and contract documents for the Core Contracts ensuring the alignment of these across full suite of documents Ensure that all cost and management requirements are communicated to the M100 and M300 Contractors to ensure alignment with the project controls framework Support during the tender evaluation phase of the procurement process, supporting with tender clarifications and evaluation of tender submissions in relation to cost and estimating Planning, estimating, budgeting, financing, funding, managing, and controlling costs so that the project can be completed within the approved budget Manage the funding and cashflow requirements for the proejct and effectively report this to client partners monthly, to ensure contractual compliance with all contracts During the procurement and delivery manage the overall budget as set out in the Preliminary Business Case through to delivery, centrally managing costs for the entire scheme including coordinating costs from other elements of partner organisations e.g., Land and Property Monitor and assure compliance with the Directorate's cost control standards across all Core Contracts notifying the PMO Lead and/or Programme Director and Project Manager of any non-conformance issues Oversee the Project Delivery Partner, who as NEC 4 Project Manager shall execute cost management across the M400 contracts under their remit, including undertaking audits of their cost management activities Undertake the cost management for the M500 Contractor Undertake all necessary cost reporting required with active management of the budget to ensure accuracy and timely reporting, auditing the delivery of cost management at scheme level to ensure compliance Oversee the handover of all cost management systems and processes and information to the commission  Provide an independent, objective view of costing and estimating across the various levels of governance and other stakeholders as required Collaborate with the wider PMO, Directorate and Project Delivery Partner and contractor(s) leading costing and estimating forums to ensure accuracy of all costing and estimating, validating that it is representative of project costs and ensuring that there is a focus on cost management   Qualifications 15+ years' experience in cost management and estimation with at least 5+ years' experience within metro rail projects or projects of a similar scale and complexity Further experience I understanding of the following is required: Designing and implementing the costing and estimating frameworks within a PMO function Delivering costing and estimating management in major projects environments to enable achievement of project goals and objectives Knowledge of cost management principles, methods, techniques and tools, including the standard method of measurement Cost analysis, cost modelling and benchmarking processes and techniques Costing systems and toolkits Facilitating collaboration with project stakeholder to ensure consistency and transparency in approach and data Project controls design Delivering continuous improvement programs Information management and reporting Working in a comparable consultancy environment, or with a client or contractor organisation Development of standard operating procedures   Additional Information What we offer you: Full time Hybrid working  Competitive remuneration and attractive range of benefits Pension 27 days Annual leave (+ 2 company days) Opportunity to work on impactful and innovative projects Career development opportunities both in Ireland and globally Opportunity to work with a diverse group of talented and collaborative colleagues Additional Information Our inspired people share our vision and mission.
We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life.
To support this we promote a healthy, productive and flexible working environment that respects work-life balance.  Turner & Townsend is an equal opportunity employer.
We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
Please find out more about us at   www.turnerandtownsend.com/ #LI-SF1 SOX control responsibilities may be part of this role, which are to be adhered to where applicable.
Join our social media conversations for more information about Turner & Townsend and our exciting future projects:  Twitter Instagram LinkedIn It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process.
No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.  Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees.
In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.  Join our social media conversations for more information about Turner & Townsend and our exciting future projects:  Twitter Instagram LinkedIn It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process.
No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.  Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees.
In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.


Source: Talent_Ppc

Job Function:

Requirements

Cost & Estimating Lead
Company:

Turner & Townsend



Job Function:

Finance

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