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Jr. Cost Estimator, Global Capex Projects

2 months ago

Decatur, United States Hiring Now! Full time

Job Description Jr. Cost Estimator, Global Capex Projects - Decatur, ILThis is a full-time exempt position.Position Summary:The Junior Cost Estimator represents ADM and is responsible for supporting the Senior Cost Estimator and the Capex Project Controls Group, aligning on industry standard cost estimation through ADM's global capital project management process ("FEL").This individual will play a critical role in the planning and budgeting phases of industrial capital projects, interacting with project teams, and providing vital information for decision-making and project management.

Additionally, they will also evaluate project actuals against the approved budget plan after projects are executed and closed.The Junior Cost Estimator will also promote and provide guidance for the capex cost estimating process, and be able to educate and coach other capital project stakeholders around estimating best practices, cost KPIs, capturing historical cost data & information, and other pertinent information to focus on continuous improvement for the project controls organization.Essential Job Functions: Data Collection and Analysis:

Gather and analyze data on labor, materials, equipment, and contractor costs to assist in preparation of cost estimates; Maintains estimating databases and integrate these databases with the enterprise project controls toolsDocumentation:

Maintain accurate records of estimates, including assumptions, methodologies, source data and estimate basisCollaboration:

Work closely with senior cost estimator, project managers, engineers, and other project stakeholders to ensure estimates and forecasts align with project requirements and timelinesMarket research: Conduct research on market conditions, pricing trends, and new materials or methods that could affect costsSoftware utilization:

Use estimating software and tools to develop cost estimates and maintain cost databasesReview and Validation:

Participate in reviews and validation of cost estimates, identifying any discrepancies or areas for improvement while defending cost estimating process fundamentalsReporting:

Prepare and present cost estimate reports to senior estimators, project teams, and Project Controls leadershipInitiate Project Controls Request for approval; Process and Schedule PCO Review RequestValidate FEL project cost estimates greater than $5 million from global perspectiveValidate appropriate change risk allowances, risk reserves, and owner's contingency valuesValidate project estimate and project scope/schedule are in alignment to avoid incomplete estimatesBuilds educational vehicles and systems to enhance organizational estimating capability, accuracy, capturing historical cost data, and consistencyPrepare preliminary budgets, conceptual estimates and detail estimates for projects of varying size and complexity, including materials price lists, labor costs and equipmentResearch prior estimating data (purchase orders, subcontracts, productivity analysis reports, etc.) and compile summary reports to develop guidelines and precedents for future estimatesHave a working knowledge of material unit costs, systems square foot costs, and total building square foot costsKeep current on changes and trends in methods of construction and materials, construction costs, wage rates, fringes and working rulesParticipate in Project progress meetings and client presentations as requiredMaintain interest in pursuing certification in cost estimating or related fields (e.g., AACE International's Certified Cost Technician) is advantageousWorking Conditions:The scope of this position will encompass predominantly office work in an office environment Required Qualifications: Experience with cost estimating in a related environmentExperience using verbal and written communications skills effectively, including the ability to interact effectively with customers and vendorsPrevious experience demonstrated project cost and resource estimatingHigh-level familiarity with accounting and finance processesAbility to meet deadlines and work under stressExposure and general understanding of risk management tools and techniquesFamiliarity with enterprise project controls toolsProficiency with relevant computer applicationsExperience working in cross-functional teamsPreferred Qualifications:Bachelor of Science degree (or higher) in Construction Management, Engineering, or a similar technical discipline, OR equivalent professional experienceProject management courses and certifications Member AACE, ASPE, or PMIExcited about this role but don't meet every requirement listed? Studies show that often applicants will self-select out if they don't check every box. We encourage you to apply anyway. You may be just the right candidate for this role or another one of our openings.Relocation assistance is available for this position.

ADM requires the successful completion of a background check. "AJCIND"Ref: 87098BR