Lead II-Cost Estimation (Instrumentation & Control, Electrical)

Role Definition:

This role is responsible for preparing accurate Class I to Class V cost estimates for small to medium sized EP EPF EPC and LEPC projects by compiling reviewing challenging and analysing cost inputs.

Key Responsibility:

Operational:

• Reviews tender specifications commercial terms and conditions and engineering documents such as PFDs P&IDs and equipment lists to develop accurate cost estimates.
• Demonstrates deep understanding of local and global vendor landscapes and project cost drivers including high-value items with significant impact on overall project cost.
• Identifies and assesses project risks calculates contingencies and performs scenario modelling to support robust cost estimates.
• Aligns with the Proposal Manager on proposal strategy and supports the Sales team in preparing competitive and winning bids.
• Estimates applicable taxes and duties foreign exchange variations import/export implications Incoterm selection and onshore/offshore split impacts.
• Maintains strong awareness of applicable international codes and standards relevant to project execution and costing.
• Challenges project scope and technical specifications to identify value engineering opportunities and optimize cost competitiveness.
• Applies advanced financial modelling techniques including NPV IRR and sensitivity analysis to support commercial decision-making.
• Possesses thorough understanding of construction cost estimation and the ability to challenge and benchmark construction costs based on project-specific locations.
• Ensures full compliance with client submission deadlines and internal management requirements for periodic proposal progress reviews.
• Brings expertise in estimating small to medium size process plants such as SMR-based Hydrogen Green Hydrogen HyCO SRU Ammonia downstream Gasification Petrochemical plants storage tanks including cryogenic storage tanks and modularized plant concepts.

Stakeholder Management:

• Coordinates with various departments to obtain the required inputs for project costing.
• Collaborates with global estimation teams to integrate their inputs into consolidated project cost sheets.
• Coordinates and participates in proposal and costing meetings working across cultures and functions to drive alignment and final outcomes.
• Demonstrates strong negotiation and cost-challenging skills to achieve competitive techno-commercial outcomes.

Data base Management:

• Conducts research and develops updates and maintains digital cost estimation databases.
• Develops and maintains benchmark data and estimation norms to support data-driven estimates and improve accuracy productivity and efficiency.
• Develops commodity trend analyses and escalation models using relevant market indices.
• Drives and adopts advanced digital and AI-enabled tools to strengthen cost databases and improve productivity.

Software Tools & Technology:

Proficient in Microsoft Office applications including advanced Excel Word PowerPoint Power BI Teams and digital AI tools used for database development and analysis.

Education & Experience:

Bachelors or Masters degree in Instrumentation & Controls or Electrical Engineering. Candidate should have 10 to 15 years of experience in Engineering/EPC organizations including a minimum of 6 to 8 years of hands-on experience in Electrical & Instrumentationcost estimation for EP EPF EPC or LEPC projects.