Job Description: AGM Costing & Estimation (Solar Projects Tendering)
Position Overview:
The Assistant General Manager (AGM) Costing & Estimation for solar projects tendering is responsible for preparing accurate cost estimates budgeting and financial analysis for utilityscale and commercial solar projects. This role involves working closely with crossfunctional teams including engineering procurement project management and finance to develop competitive bids and proposals for solar tenders.
Key Responsibilities:
Tendering & Cost Estimation:
- Analyze tender documents specifications and contract requirements for solar projects.
- Prepare detailed Bill of Materials (BOM) and cost breakdown for EPC (Engineering Procurement and Construction) contracts.
- Develop cost estimates for civil electrical and mechanical components of the project.
- Conduct feasibility studies and risk analysis for potential projects.
Pricing & Financial Analysis:
- Prepare cost comparison sheets for different vendors and subcontractors.
- Analyze market rates for major components such as solar modules inverters structures and BOS (Balance of System) equipment.
- Develop cost models considering CAPEX OPEX IRR and payback period for project viability.
Vendor & Supplier Coordination:
- Float RFQs (Request for Quotations) and obtain competitive pricing from vendors.
- Evaluate vendor proposals and negotiate pricing for cost optimization.
- Build and maintain relationships with key suppliers and contractors.
Technical & Commercial Analysis:
- Collaborate with the engineering team to optimize system design for cost efficiency.
- Ensure compliance with regulatory requirements bid guidelines and industry standards.
- Identify value engineering opportunities to enhance project competitiveness.
Project Budgeting & Control:
- Develop project budgets and track cost variations throughout the project lifecycle.
- Prepare cost reports cash flow projections and deviation analysis.
- Work closely with the finance team to assess financial risks and funding requirements.
Stakeholder Communication & Reporting:
- Coordinate with internal teams including Business Development Engineering Procurement and Finance.
- Provide timely updates to senior management on cost trends risks and opportunities.
- Assist in the preparation of tender presentations and client negotiations.
Qualifications & Experience:
- Education: B.E./B.Tech in Electrical Mechanical Civil or equivalent; MBA (Finance/Operations) is a plus.
- Experience: 1015 years in cost estimation budgeting and tendering for solar EPC projects.
- Skills:Strong knowledge of solar PV components project costing and tendering processes.
- Expertise in using cost estimation tools and software (Excel SAP ERP or similar).
- Excellent negotiation and vendor management skills.
- Understanding of financial modeling and PPA (Power Purchase Agreement) structures.
Required Experience:
Director