Lead Principal Estimator & Cost Controls Sme

Description

• Serve as the senior cost estimating commercial analysis and project controls subject matter expert for assigned projects programs and strategic initiatives.
• Support investment decisions budget development cost governance forecasting and execution visibility across the delivery portfolio.
• Translate project scope design maturity market conditions contractor pricing and field execution realities into accurate cost models estimates forecasts risk assessments and executive decision support.
• Act as Oracles internal cost authority and owner representative for estimating cost management commercial validation and third-party Quantity Surveying (QS) governance.

Primary Responsibilities:

• Develop and validate conceptual budgetary and detailed estimates across electrical low voltage mechanical civil structural architectural controls security network and site infrastructure scopes.
• Build and maintain cost models parametric estimating tools quantity-based estimates labor productivity models benchmarks and should-cost analyses.
• Lead cost forecasting trend analysis variance analysis escalation analysis contingency analysis and cost risk identification.
• Perform bid leveling proposal normalization commercial evaluations contractor pricing reviews vendor pricing validation and scope gap analysis.
• Prepare Basis of Estimate packages executive cost reporting cost dashboards estimate governance standards and portfolio cost intelligence reports.
• Support change order evaluations cost negotiation cost-related decision support project controls integration and cost/schedule analytics.
• Provide portfolio cost visibility by connecting estimating forecasting commercial risk project controls and field execution data.

• Standardize estimating methodologies cost reporting practices and cost management procedures across assigned projects and programs.

  Third-Party Quantity Surveying (QS) Governance

• Manage external QS partners and cost consultants as integrated extensions of the delivery organization.
• Define QS scopes of work service standards reporting requirements performance metrics and accountability measures.
• Review challenge validate and accept QS estimates forecasts cost reports methodologies assumptions and recommendations.
• Coordinate multiple QS firms across projects and regions while improving quality responsiveness accuracy and consistency.
• Integrate QS outputs into portfolio reporting executive decision-making cost governance and continuous improvement efforts.

Required Skills and Experience:

• Senior-level cost estimating cost controls commercial analysis project controls or capital project delivery experience.
• Expertise in conceptual budgetary detailed parametric and quantity-based estimating methods.
• Strong understanding of multi-discipline construction scopes contractor pricing productivity assumptions quantities and field execution realities.
• Experience with cost forecasting budget management cost variance analysis change order evaluation contingency planning and cost risk management.
• Ability to perform bid leveling proposal validation scope reconciliation should-cost modeling benchmark development and commercial challenge.
• Demonstrated ability to manage third-party QS firms cost consultants or external estimating partners.
• Strong executive reporting dashboarding cost governance documentation and data-driven decision support skills.
• Ability to partner with project teams procurement construction contractors estimators commercial stakeholders and executive leadership.
• Strong communication cross-functional collaboration consultant oversight and stakeholder management skills.

Leadership Expectations:

• Serve as the organizations subject matter expert for estimating methodologies cost governance commercial validation and owner-side cost leadership.
• Lead through cost expertise commercial challenge consultant oversight data-driven decision support and cross-functional collaboration.
• Build trusted relationships with executive leadership project teams procurement construction contractors QS partners and commercial stakeholders.
• Drive continuous improvement in estimate accuracy forecast reliability commercial rigor reporting quality and cost governance consistency.

Success Measures:

• Estimates are accurate defensible trusted and supported by documented assumptions.
• Budget development cost forecasts and executive cost reporting improve predictability and decision-making.
• Cost risks scope gaps commercial issues and budget impacts are identified early and mitigated proactively.
• Contractor pricing transparency increases cost overruns are surfaced earlier and change order exposure is reduced.
• Benchmarks cost databases estimating standards and reporting practices improve portfolio performance over time.
• QS partners deliver consistent high-quality work with minimal rework and clear accountability.

Key Performance Indicators:

• Estimate accuracy; budget variance; forecast accuracy; cost risk identification speed; bid review cycle time.
• Proposal validation accuracy; change order avoidance; benchmark utilization; cost reporting accuracy; cost savings identification.
• Estimate turnaround time; portfolio cost predictability; QS deliverable accuracy; consultant performance score; cost reporting consistency; change order validation accuracy.

Core Deliverables:

• Conceptual budgetary and detailed estimates; Basis of Estimate packages; cost models; parametric tools; should-cost analyses.
• Cost forecasts bid leveling analyses commercial review reports cost risk assessments executive cost dashboards and cost benchmarking reports.
• Quantity validation reports change order evaluations contractor pricing reviews estimate governance standards and cost database management plans.
• Portfolio cost intelligence reports executive recommendation memorandums portfolio cost performance scorecards and executive cost governance dashboards.
• QS governance framework QS performance scorecards consultant service reviews estimate quality audits independent estimate validations and commercial challenge assessments.

ONSITE EXPECTATIONS:

• Maintain approximately 30-50% field/site engagement depending on project phase and estimating activity.
• Validate estimate assumptions quantities productivity labor utilization execution methods and cost forecasts against actual field conditions.
• Participate in contractor reviews commercial discussions consultant deliverable reviews and project team alignment sessions.
• Engage directly with project teams estimators procurement teams contractors QS partners and commercial stakeholders.
• Escalate cost risks before budget impacts occur and maintain disciplined estimate documentation.

Role Boundaries:

• Not responsible for portfolio governance ownership executive prioritization decisions final budget approval final commercial approval procurement ownership or contract administration ownership.
• Not responsible for contractor means and methods construction execution ownership site-level schedule ownership commissioning authority startup acceptance decisions or direct contractor management.

Qualifications
Disclaimer:

Certain U.S. based or U.S. customer or client-facing roles may be required to comply with applicable requirements such as immunization/occupational health mandates and/or drug testing requirements.

Range and benefit information provided in this posting are specific to the stated locations only

US: Hiring Range in USD from: $126200 to $264100 per annum. May be eligible for bonus equity and compensation deferral.


Oracle maintains broad salary ranges for its roles in order to account for variations in knowledge skills experience market conditions and locations as well as reflect Oracles differing products industries and lines of business.
Candidates are typically placed into the range based on the preceding factors as well as internal peer equity.

Oracle US offers a comprehensive benefits package which includes the following:
1. Medical dental and vision insurance including expert medical opinion
2. Short term disability and long term disability
3. Life insurance and AD&D
4. Supplemental life insurance (Employee/Spouse/Child)
5. Health care and dependent care Flexible Spending Accounts
6. Pre-tax commuter and parking benefits
7. 401(k) Savings and Investment Plan with company match
8. Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.
9. 11 paid holidays
10. Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.
11. Paid parental leave
12. Adoption assistance
13. Employee Stock Purchase Plan
14. Financial planning and group legal
15. Voluntary benefits including auto homeowner and pet insurance

The role will generally accept applications for at least three calendar days from the posting date or as long as the job remains posted.

Career Level - IC5