Estimator and Cost Controller

The Estimator and Cost Controller is responsible for evaluating project costs, preparing accurate estimates, and ensuring budget control throughout the project lifecycle. This role involves analyzing project specifications, identifying cost-saving opportunities, and monitoring expenses to prevent cost overruns. The ideal candidate will have strong analytical skills, a deep understanding of cost management principles, and experience in estimation, procurement, and financial reporting. Effective collaboration with engineering, procurement, and finance teams is essential to optimize project profitability and ensure financial efficiency.

Responsibilities:

1. Prepare detailed cost estimates by analyzing project requirements, materials, labor, and overhead expenses.
2. Review project drawings, specifications, and contracts to ensure accurate cost assessments.
3. Monitor project costs and expenditures, ensuring they align with the approved budget.
4. Work closely with procurement teams to source materials and negotiate the best pricing.
5. Identify potential cost-saving opportunities without compromising project quality.
6. Develop and maintain cost databases and pricing structures for future reference.
7. Generate cost reports, variance analysis, and financial forecasts for management review.
8. Assist in tendering and bidding processes by providing accurate cost evaluations.
9. Coordinate with project managers and engineers to track actual costs and address budget deviations.
10. Ensure compliance with financial regulations, contractual obligations, and company policies.

Requirements:

1. Bachelor's degree in engineering, finance, quantity surveying, or a related field.
2. Proven experience in estimation, cost control, or financial analysis in the construction, manufacturing, or engineering industry.
3. Proficiency in cost estimation software and financial reporting tools.
4. Strong analytical and problem-solving skills with high attention to detail.
5. Knowledge of contract management, procurement, and industry pricing trends.
6. Excellent communication and negotiation skills to interact with vendors and project stakeholders.
7. Ability to work under pressure and meet strict deadlines in a fast-paced environment.