Manager, Estimation
Vantris Energy Berhad
Date: 3 hours ago
City: Remote
Contract type: Contractor
Remote
Job Purpose:
- Estimating Manager plays a crucial role in shaping the company’s ability to secure projects profitably. Position is responsible for leading the development of accurate, competitive, and risk-informed cost estimates for offshore Oil & Gas EPCI/T&I projects.
- The role ensures alignment between technical solutions, execution strategy, and commercial objectives to enhance bid competitiveness while safeguarding profitability and contractual compliance as the backbone of tender submissions.
- The role is responsible for developing pricing strategies, assessing commercial and contractual risks, ensuring compliance with tender requirements, and providing reliable cost information to support business growth and profitability.
- The Manager, Estimation works closely with Business Development, Engineering, Procurement, Operations, and Project teams to deliver high-quality bids, enhance tender success rates, and ensure seamless handover of awarded projects while maintaining governance, commercial integrity, and safety compliance.
Key Accountability:
- Prepare cost build up / estimation file for the scope of work to be estimated by gathering proposals, technical concept, specifications, and related documents as per internal procedure and internal estimation sheet format.
- Prepare commercial tables required for the various management reviews.
- Review tender documents to have clear understanding on bid requirements and scope of work.
- Identify and establish all possible cost items for a project.
- Maintains cost data base by entering and backing up data.
- Identify other alternatives and optional methods to execute the project and establish the respective estimate that is/are being considered.
- Understand market trends and anticipate competitors’ capabilities on pricing strategies.
- Provide finalized data and input for management approvals.
- Understand clients’ pricing schedule structure, identify pricing strategy, and provide pricing breakdown as per bid requirement.
- Prepare the commercial submission sheet as per client’s ITT requirement.
- Provide input for commercial exceptions and qualifications.
- Understands key contractual terms & conditions and highlight key issues to management.
- Involve in post bid submission activities i.e. clarifications, negotiations, award, contract finalization, and handover to project team.
- Plans and works pro-actively with the other functional departments to identify priorities and expedites estimate input data to achieve the planned completion date and quality.
- Providing and controlling all essential financial / commercial information considering requirements & rules, commercial risk assessment, project budget and cash-flow projection
- Provide mentorship to Junior Estimators.
- Responsibilities: To ensure that all Company/Department safety objectives and legal requirements are complied.
Relevant Experience:
- Minimum – 12 years – working and relevant experience in Oil & Gas especially in offshore T&I / EPCI, with estimation, tendering or project control.
- Other additional experience in the oil and gas industry such as engineering, procurement, fabrication, or hook- up will also be considered.
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