Lead Cost Estimator

**On\-site**ABICONFull time011 Al Khobar, Eastern Province, Saudi Arabia**Description** --------------- **Job Summary:** Lead and Manage bid/project cost estimation activities. Develop and validate classified estimates, Lead the Proposal/estimation team which shall include for engineering discipline leads and/or senior engineers, construction and procurement experts, project planning and controls, Shall maintain confidentiality of information as deemed required. **Duties \& Responsibilities:** * Lead and manage all cost estimation activities for the EPC, and execution phases. * Develop, review, and validate Class 1 to Class 5 *(Level 1 – Order of Magnitude, Level 2 – Schematic/Conceptual Design, Level 3\- Design Development, Level 4 – Construction Document, and Level 5 – Bid estimate*). cost estimates in accordance with project requirements and industry best practices. * Prepare detailed estimates, including material, labor, equipment, construction, indirect costs, and contingency assessments. * Establish cost estimating methodologies, databases, norms, and benchmarks to support project decision\-making. * Coordinate with engineering disciplines, procurement, construction, and project controls teams to ensure accurate and timely estimates. * Evaluate contractor and vendor estimates and provide technical recommendations. * Perform cost risk analysis, sensitivity analysis, and estimate assurance reviews. * Support value engineering initiatives and identify cost optimization opportunities. * Prepare estimate basis documents, cost reports, management presentations, and supporting documentation for project approvals. * Ensure compliance with Client standards, project procedures, and company estimating practices. * Lead, mentor, and supervise a team of Specialists, Senior Engineers, and Engineers involved in cost estimation activities. * Interface effectively with clients, stakeholders, and project management teams to support project objectives. **Requirements** ---------------- **Experience:** * Minimum 15 years of relevant experience in the Oil \& Gas or Petrochemical industry. * Minimum 5 years of experience in a similar role on major Oil \& Gas or Petrochemical projects. **Education:** * Bachelor’s degree in engineering or an equivalent qualification from an accredited university. * Certification and training courses from AACE and such an additional advantage **Required Skills \& Abilities:** **1\- Core Competencies:** * Experience in managing and leading teams comprising Specialists, Senior Engineers, and Engineers. * Strong knowledge of cost estimating techniques, industry norms, benchmarking, and estimating software/tools. * Excellent communication, leadership, and stakeholder management skills. * Ability to work effectively within multidisciplinary and multicultural project environments. **2\- Technical Skills:** * **Estimate Development**: Lead the preparation of comprehensive EPC cost breakdowns for materials, labor, and equipment. * **Risk \& Variance Analysis**: Conduct cost risk, sensitivity, and historical reconciliation reviews. * **Cross\-functional Collaboration**: Coordinate with engineering, procurement, and project controls teams to validate scopes. * **Team Leadership**: Mentor and supervise junior engineers and specialists while enforcing company estimating standards * **Soft skills:** Proficient in advanced MS Excel, work breakdown structures (WBS), and specialized estimating