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The Nuclear Company · 3 days ago

Manager, Estimating & Cost Control

Columbia, SC

Full-time

Onsite

Senior Level, Lead/Staff

$150K/yr - $173K/yr

15+ years exp

The Nuclear Company is the fastest growing startup in the nuclear and energy space creating a never before seen fleet-scale approach to building nuclear reactors. The Manager, Estimating & Cost Control will establish, implement, maintain, and monitor compliance with estimating and cost control processes across TNC’s fleet of projects.

Clean EnergyElectrical DistributionNuclear

Responsibilities

Develop, implement, and maintain TNC’s estimating and cost control standards, procedures, and tools to ensure consistency across all projects and fleets

Ensure integration of processes and systems with other Project Controls functions including change management, planning & scheduling, work face planning, forecasting, progress reporting, and variance analysis

Coordinate with the Project Controls Managers on each project to ensure adequate levels of estimating & cost control support appropriate for the phase of each project

Support project teams (including EPC Contractors) including providing all preparatory input, systems, procedures, and resources necessary for the development of project estimates and translating estimate plans into detailed project budgets for regulatory, engineering, procurement, fabrication, modularization, construction, commissioning, testing, and start-up activities

Guide all estimating efforts, including the preparation of Class 5 to Class 1 estimates, ensuring compliance with industry best practices and TNC guidelines

Coordinate with the Manager, Planning & Scheduling and Project Controls Managers to ensure accurate and integrated project cost baselines, including alignment with project schedules and WBS

Coordinate and lead cost risk analyses, including Monte Carlo simulations and probabilistic cost forecasting, to quantify potential cost impacts and guide contingency planning

Conduct details estimate reviews, validating the accuracy and completeness of project estimates, change estimates, and cost forecasts

Ensure that the baselining (and re-baselining) of budgets is performed per TNC’s guidelines. Promptly flag any deviations and assist in their resolution

Establish, maintain, and audit cost control systems and processes to track and manage project budgets, committed costs, actual (incurred) expenditures, and cost variances

Prepare detailed cost reports, including Earned Value Analysis (EVA), cost performance indices (CPI), and trend analyses, for monthly project reviews and executive reporting. Participate in Program and Project reviews of cost performance and provide independent analysis of each contractor

Develop and maintain Estimates at Completion (EAC) to provide accurate forecasts of total project costs, including early identification of potential budget overruns

Work closely with the Contract and Procurement teams to ensure accurate cost estimating is available to support contract negotiations and validate change order pricing

Support project teams in conducting impact assessments for any proposed changes to cost baselines and budgets

Actively participate with TNC’s risk identification and management efforts at a project and fleet level

Maintain regular engagement with the corporate finance team to ensure alignment between project controls and financial controls, including mapping project cost data to corporate financial systems

Develop cash flow models to support project financial planning and provide regular updates to the corporate finance team

Assist with the preparation of monthly cost performance reports to TNC’s senior management team

Support dispute resolution and claims analysis, including forensic analysis for potential use in contract claims or legal proceedings

Qualification

Estimating tools proficiencyCost control systemsQuantitative risk analysisNuclear project experienceCost forecastingBudget managementInvestigative skillsCommunication skillsInterpersonal skills

Required

15+ years of progressive experience in heavy industrial EPC environments

Experience on Nuclear projects is required

Proficiency with commonly used estimating tools in the industry and by major EPC Contractors

Must have strong investigative skills and an ability to ask questions to draw out required information

Must utilize excellent communication and interpersonal skills to ensure that we build and retain a culture of 'radical transparency' across the fleet to promote the open sharing of both positive and negative information

Team members 'feel helped' when intervention is necessary

Functional oversight of estimators and cost controllers assigned to the projects

Experience in conducting quantitative risk analysis (e.g. Monte Carlo)

Prior experience w/ open book estimating