Senior Cost Estimator

3 weeks ago


gurgaon, India Chakr Innovation Full time
We are seeking a highly analytical Cost Estimation Manager to lead our team of cost estimators. In this crucial role, you will be responsible for overseeing the entire cost estimation process for projects, from initial concept to final completion. You will identify and analyze all cost factors, ensuring accurate and competitive estimates that contribute to project success.
Responsibilities:
Develop and implement a comprehensive cost estimation process for all project phases.
Lead a team of 10 cost estimators, providing guidance, training, and performance management.
Collaborate with sales operations, site mapping team, and design to understand project scope, specifications, and potential constraints.
Analyze project plans, drawings, and other documents to identify and quantify all cost elements
Utilize cost estimation and historical data to create accurate and detailed cost estimates.
Identify and proactively address potential cost risks and opportunities, proposing mitigation strategies.
Monitor and track project costs throughout execution, identifying and resolving cost variances.
Prepare cost reports and presentations for project stakeholders, clearly communicating cost implications and potential adjustments.
Analyze cost estimation errors and implement corrective actions to improve future estimates.
Lead cost-saving initiatives to optimize project budgets and ensure project profitability.
Maintain a comprehensive cost database for future reference and benchmarking.
Qualifications:
Bachelor's degree in Engineering, Finance, or a related field (MBA preferred).
Minimum 7 years of experience in cost estimation, preferably in the Manufacturing, Auto, Genset industries.
Proven track record of leading and mentoring a cost estimation team.
Strong analytical and problem-solving skills with meticulous attention to detail.
Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments.
Strong leadership skills with the ability to motivate and develop a team.

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