Cost Estimator

 Posted 2 hours ago
     
 $150K - $185K per year
  
10+ years experience
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AI Summary

Develop detailed Class 1–5 cost estimates and perform risk analysis for energy and industrial projects. Collaborate with engineering teams to provide cost reporting, value engineering, and mentorship to junior estimators.

We are seeking an experienced Cost Estimator to support energy and industrial projects by developing accurate Class 1–5 cost estimates, analyzing project scopes, and providing cost and risk insights throughout the project lifecycle. This role collaborates closely with engineering and project teams, supports procurement activities, delivers clear cost reporting for leadership, and mentors junior estimators while staying current on industry trends and digital estimating tools.

Compensation: $150,000 – 185,000 *Anticipated annual salary may vary based on skills, experience, qualifications and internal peer equity.  The pay range listed for this position is based on the anticipated base compensation at the time of the posting. 

Work Arrangement: Remote

Move Forward with Eichleay

Eichleay is a dynamic organization with over 150 years of experience in delivering project management and engineering solutions across various industries, including life sciences, energy and chemicals, power and food and beverage. We are committed to innovation, excellence, and building long-lasting relationships with our clients.

 

Key Responsibilities:

  • Develop detailed Class 1–5 cost estimates (per AACE International standards), incorporating labor, materials, equipment, and subcontractor costs for oil, gas, and petrochemical projects, including drilling, refining, and process facilities.
  • Analyze project scopes, including front-end engineering design (FEED) phases, to forecast costs for upstream, midstream, and downstream assets, with attention to high-pressure/high-temperature (HP/HT) conditions and hazardous area classifications.
  • Conduct value engineering assessments to identify cost-saving opportunities while maintaining required safety integrity levels (SIL) and reliability-centered maintenance (RCM) objectives.
  • Integrate quantitative risk analysis (e.g., Monte Carlo simulations) to account for uncertainties such as regulatory changes, geopolitical risks, and supply chain disruptions.
  • Prepare bid packages and evaluate vendor proposals in alignment with client procurement requirements, ensuring compliance with ethical sourcing and anti-bribery standards.
  • Collaborate with internal engineering, project management, and construction teams to ensure estimates support overall project objectives, including sustainability goals and digital engineering initiatives.
  • Generate cost reports and dashboards for senior leadership, highlighting variances, forecasts, and recommendations using tools such as Excel, Power BI, or similar platforms.
  • Mentor and support junior estimators, promoting consistent estimating practices, professional development, and continuous improvement.
  • Stay current on industry trends, including digital transformation (e.g., AI-enabled forecasting), sustainability expectations, and evolving regulatory requirements impacting energy and industrial projects.

Job Requirements:

  • Education: Bachelor's degree in Engineering, Construction Management, or a related field; Master's degree or professional certifications (e.g., CCP or AACE certification) preferred.
  • Experience: Minimum 10+ years of experience in estimation within the oil and gas industry, with at least 5 years in a senior role.
  • Location: Remote   
  • Skills:
    • Strong understanding of oil and gas/refinery projects, including engineering, procurement, construction, commissioning, and stage-gated execution
    • Experience developing conceptual (factored) and detailed estimates aligned with project maturity
    • Working knowledge of construction practices, turnaround impacts, instrumentation, valves, and equipment
    • Skilled in interpreting project scope, design requirements, and scope changes to support accurate estimates and decision-making
    • Ability to assess cost impacts related to client changes, design updates, and execution strategies
    • Strong analytical and communication skills, with the ability to translate complex data for non-technical stakeholders
    • Effective collaborator with engineers, designers, clients, and vendors
    • Organized and detail-oriented, with the ability to manage priorities against project schedules and budgets
    • Committed to maintaining high standards of productivity, accuracy, and documentation
    • Familiar with cost modeling factors, including labor rates, historical data, and contingency development by project phase
  • Technical Competence: Proficiency with industry‑standard estimating and risk analysis software, such as Aspen Capital Cost Estimator (ACCE), @Risk, or equivalent tools used for energy and industrial cost modeling.
  • Travel: Travel outside the area for client meetings and job walks will be expected, less than 15%
  • Industry Requirements: This role will require all or some of the following requirements at time of hire or during employment
    • HHFT Safety Training and current card or ability to obtain.
    • Client Safety Training and current badge or ability to obtain.
    • TWIC Certification and current card or ability to obtain. TWIC card must be obtained prior to start date or start date may need to be adjusted.
    • Background screening including previous employment, education, criminal history, and driving record verification.
    • Participation in random drug and alcohol programs.

Work Environment and Physical Demands:  

The characteristics described below are representative of those encountered while performing the essential functions of this position. Reasonable accommodation will be provided to enable individuals with disabilities to perform the essential functions.  

  • While performing duties of this job, you would occasionally be required to stand, walk, sit, reach with hands and arms, climb or balance, stoop or kneel, talk and hear (this includes being able to hear and talk on site based communication equipment), distinguish between various colors, be able to hear safety tones/notifications, and use fingers and hands to feel objects, tools, temperature or controls.  
  • Must occasionally lift and/or move up to 25 pounds.
  • Specific vision abilities required include close vision, distance vision, depth perceptions, and the ability to adjust focus.  
  • Overtime may be necessary as workload dictates. This may include weekdays and weekends.  
  • Job duties will be performed at a client site, production facility or industrial/construction job site.
  • Conditions and/or schedule may vary, but the conditions listed above will generally apply.  
  • Candidates will be required to follow our clients' site-based rules and protocols regarding infectious diseases. 

All opportunities with Eichleay will require authorization to work in the US without the need for sponsorship.  Positions will require in-person interactions and may require working on site in an office or field environment.   This position is subject to federally mandated drug/alcohol testing. Candidates applying to Eichleay must have the ability to be badged and maintain a badge as a safety sensitive position and/or within the Building and Construction trade for process safety management governed facilities. This will require in-depth drug screening for all positions. 

We are an equal opportunity employer and value diversity at our company. Qualified applicants will receive consideration for employment without regard to race, color, religious creed, sex (including pregnancy, childbirth, breast-feeding and related medical conditions), sexual orientation, gender identity, gender expression, national origin or ancestry, age, mental or physical disability (including medical condition), military or veteran status, political preference, marital status, citizenship, genetic information or other status protected by law or regulation. 

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