Estimator and Cost Controller (225-901)

The Estimator and Cost Controller plays a critical role in managing financial aspects of construction projects. This position is responsible for preparing accurate and competitive cost estimates and ensuring that project costs align with the budget throughout the project's lifecycle. Working closely with project managers, engineers, and financial teams, the Estimator and Cost Controller gathers, analyzes, and assesses various data to forecast project budgets and actual expenditures, providing invaluable insights to ensure financial efficiency. Furthermore, this role entails continuous monitoring and reporting enabling timely adjustments and financial decision-making. The ideal candidate will possess strong analytical skills, attention to detail, and proficiency in utilizing cutting-edge estimating software, which are essential in ensuring accurate cost control and achieving the desired financial outcomes for projects.

Responsibilities

• Prepare accurate and detailed cost estimates for construction projects.
• Collaborate with project managers to develop project budgets and forecasts.
• Conduct financial analysis to assess project costs against budgetary constraints.
• Monitor and report on project expenditures for effective cost control.
• Analyze historical data to improve cost estimation accuracy for future projects.
• Engage with suppliers and subcontractors to obtain competitive pricing and bids.
• Review and negotiate contracts to ensure favorable financial terms are achieved.
• Utilize estimating software to create models and simulations of project costs.
• Maintain detailed records of all estimation and cost control activities.
• Prepare detailed cost reports and forecasts for upper management decision-making.
• Participate in post-project evaluations to identify cost-saving opportunities.
• Liaise with finance teams to ensure alignment with financial reporting standards.

Requirements

• Bachelor’s degree in finance, construction management, or related field.
• Proven experience in construction estimating and cost control roles.
• Strong analytical skills and proficiency in financial modeling techniques.
• Experience using estimating software and financial management systems essential.
• Excellent communication skills to collaborate effectively with project teams.
• Ability to work under pressure and meet tight deadlines reliably.
• Attention to detail and high level of accuracy in quantitative analysis.
• Strong negotiation skills to secure advantageous terms from contractors.
• Ability to prepare detailed reports and present complex financial data clearly.