Benefits:
401(k)
Dental insurance
Health insurance
Paid time off
Training & development
Vision insurance
Join Our Team: Cost Estimator at TimeNow, LLC.
Job Summary
TimeNow, LLC is seeking a detail-oriented and experienced Cost Estimator to join our dynamic team. The successful candidate will prepare accurate project cost estimates, analyze requirements, and ensure cost-effective solutions. This role involves close collaboration with project managers, engineers, and other stakeholders to deliver high-quality projects on time and within budget.
Position Title: Cost Estimator
Location: [Houston - TX] (hybrid)
Job Summary: The Cost Estimator is responsible for developing accurate and comprehensive cost estimates for Petrochemical Capital Projects across all phases (FEL-1, FEL-2, FEL-3). This role ensures that cost estimates are prepared in accordance with the company's global standards and procedures, providing critical support for project planning, budgeting, and decision-making.
Key Responsibilities:
Estimate Development:
Prepare cost estimates using industry-standard techniques and software (e.g., Clarity System, Aspen Capital Cost Estimator).
Develop estimates for all project phases, including Order of Magnitude, Parametric, and Bottom-Up estimates.
Ensure estimates are based on accurate and up-to-date information, including engineering data, historical costs, and market conditions.
Communicate the estima basis to stakeholders to ensure transparency and understanding.
Contingency and Allowances:
Determine appropriate contingency levels based on project phase and risk analysis.
Include allowances for known but undefined needs and accurately reflect them in the estimates.
Cost Breakdown Structure (CBS):
Develop and maintain detailed cost breakdown structures in alignment with the project's work breakdown structure (WBS).
Ensure estimates are coded according to the agreed CBS for accurate tracking and reporting.
Knowledge Management:
Collect and analyze historical project cost data to improve the accuracy of future estimates.
Document lessons learned and share best practices with the estimating team and other stakeholders.
Collaboration and Communication:
Work closely with project managers, engineering teams, procurement, HES (Health, Environment, and Safety) specialists, and other stakeholders to gather necessary information and validate estimates.
Participate in project meetings and technical reviews to provide cost estimation insights and support decision-making.
Qualifications:
Bachelor's degree in Engineering, Construction Management, Finance, or a related field.
Minimum of 10 years of experience in cost estimating for capital projects, preferably in brownfield projects in the chemical, oil and gas, or related industries.
Proficiency in cost estimating software (Aspen Capital Cost Estimator) and Microsoft Office Suite (Excel, Teams).
Strong analytical and mathematical skills, with attention to detail and accuracy.
Excellent communication and interpersonal skills, with the ability to work collaboratively in a team environment.
Knowledge of industry standards and best practices in cost estimating (e.g., AACEI guidelines).
Preferred Qualifications:
Certification from a recognized professional organization (e.g., AACEI Certified Estimating Professional).
Experience with project management methodologies and tools (e.g., Clarity PPM, Primavera P6, FEL Stage Gates, ERP systems like SAP).
Working Conditions:
Office-based position with occasional travel to project sites as required (0-5%).
Ability to work under tight deadlines and manage multiple priorities.
Benefits:
Competitive salary and benefits package.
Opportunities for professional growth and development.
Collaborative and innovative work environment.
At TimeNow, LLC, we value dedication and a passion for excellence. If you possess these attributes and are looking for a flexible, part-time role, apply to join our supportive and professional environment today!
Flexible work from home options available.