Cost Estimation Specialist
5 days ago
About Samara
Samara is a pioneering company aiming to revolutionize the construction industry by developing innovative, sustainable solutions. We are seeking an experienced Cost Estimation Specialist to join our team and play a pivotal role in enhancing our estimating processes.
Position Overview
The Cost Estimation Specialist will be responsible for developing and implementing a comprehensive cost estimation system that ensures accurate project budgets across all stages of development, from acquisition to construction. This role will work closely with our teams to execute RFPs and bidding processes for active projects, guaranteeing that our development team delivers detailed, accurate budget estimates that encompass the entire project scope for the construction team.
This is an exciting opportunity for someone passionate about process improvement, cost analysis, and making a lasting impact in the construction industry.
Key Responsibilities
- Design and implement a scalable cost estimation system to support all project stages: acquisition, development, and construction.
- Create detailed templates, workflows, and standard operating procedures to establish consistency and accuracy in cost estimation.
- Establish benchmarks and metrics to measure estimating performance.
- Create a feedback loop to ensure actual development costs are used to continually improve our estimating system accuracy.
- Refine budgeting practices to enhance predictability and cost control.
- Collaborate with the acquisition, development, and construction teams to align estimating processes with project delivery goals.
- Serve as a key point of contact for cost-related queries and provide regular updates to leadership.
- Develop comprehensive project budgets in collaboration with the Acquisition Manager, Development PM, and Construction teams.
- Perform detailed cost analyses to ensure alignment with project goals and financial targets.
- Capture project requirements and scope in RFPs through close collaboration with internal teams and stakeholders.
- Play an integral role in the RFP and bidding process, ensuring the selection of qualified partners and vendors.
- Evaluate vendor proposals for accuracy, completeness, and cost-effectiveness.
- BUILD relationships with industry partners to stay informed about market trends, pricing, and best practices.
- Train team members on cost estimation tools, methodologies, and best practices.
- Provide guidance and mentorship to junior team members as the Development function grows.
Requirements and Qualifications
- Bachelor's degree in Construction Management, Engineering, or a related field.
- 7+ years of experience in estimating, pre-construction, or cost management, preferably in the modular or residential construction industries.
- Expertise in construction cost estimation software and tools (e.g., Procore, Buildertrend, Bluebeam, or similar).
- Strong understanding of construction methods, materials, and market pricing trends.
- Proven ability to develop and implement scalable processes and systems.
- Excellent communication and interpersonal skills for cross-functional collaboration.
- Preferred - Experience in both commercial multi-unit and residential ADU project development preferred.
- Preferred - Familiarity with sustainable or innovative construction practices.
- Preferred - Leadership or management experience in a similar role.
What We Offer
- A competitive salary range of $140-160k with performance-based bonuses.
- A hybrid work schedule with 3 days each week in our Redwood City office.
- Early stage employee equity.
- Exceptional health, dental, and vision insurance.
- 401k eligibility after 6 months.
- Flexible PTO policy.
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