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Jr. Cost Estimator, Global Capex Projects - Decatur, IL

ADM

ADM

Decatur, IL, USA
Posted on Friday, June 21, 2024

Jr. Cost Estimator, Global Capex Projects - Decatur, IL

Decatur

IL - Illinois

Engineering

Job Description

Jr. Cost Estimator, Global Capex Projects - Decatur, IL

This is a full-time exempt position.

Position Summary:


The Junior Cost Estimator represents ADM and is responsible for supporting the Senior Cost Estimator and the Capex Project Controls Group, aligning on industry standard cost estimation through ADM’s global capital project management process (“FEL”).

This individual will play a critical role in the planning and budgeting phases of industrial capital projects, interacting with project teams, and providing vital information for decision-making and project management. Additionally, they will also evaluate project actuals against the approved budget plan after projects are executed and closed.

The Junior Cost Estimator will also promote and provide guidance for the capex cost estimating process, and be able to educate and coach other capital project stakeholders around estimating best practices, cost KPIs, capturing historical cost data & information, and other pertinent information to focus on continuous improvement for the project controls organization.


Essential Job Functions:

  • Data Collection and Analysis: Gather and analyze data on labor, materials, equipment, and contractor costs to assist in preparation of cost estimates; Maintains estimating databases and integrate these databases with the enterprise project controls tools
  • Documentation: Maintain accurate records of estimates, including assumptions, methodologies, source data and estimate basis
  • Collaboration: Work closely with senior cost estimator, project managers, engineers, and other project stakeholders to ensure estimates and forecasts align with project requirements and timelines
  • Market research: Conduct research on market conditions, pricing trends, and new materials or methods that could affect costs
  • Software utilization: Use estimating software and tools to develop cost estimates and maintain cost databases
  • Review and Validation: Participate in reviews and validation of cost estimates, identifying any discrepancies or areas for improvement while defending cost estimating process fundamentals
  • Reporting: Prepare and present cost estimate reports to senior estimators, project teams, and Project Controls leadership
  • Initiate Project Controls Request for approval; Process and Schedule PCO Review Request
  • Validate FEL project cost estimates greater than $5 million from global perspective
  • Validate appropriate change risk allowances, risk reserves, and owner’s contingency values
  • Validate project estimate and project scope/schedule are in alignment to avoid incomplete estimates
  • Builds educational vehicles and systems to enhance organizational estimating capability, accuracy, capturing historical cost data, and consistency
  • Prepare preliminary budgets, conceptual estimates and detail estimates for projects of varying size and complexity, including materials price lists, labor costs and equipment
  • Research prior estimating data (purchase orders, subcontracts, productivity analysis reports, etc.) and compile summary reports to develop guidelines and precedents for future estimates
  • Have a working knowledge of material unit costs, systems square foot costs, and total building square foot costs
  • Keep current on changes and trends in methods of construction and materials, construction costs, wage rates, fringes and working rules
  • Participate in Project progress meetings and client presentations as required
  • Maintain interest in pursuing certification in cost estimating or related fields (e.g., AACE International’s Certified Cost Technician) is advantageous


Working Conditions:
  • The scope of this position will encompass predominantly office work in an office environment

Required Qualifications:

  • Experience with cost estimating in a related environment
  • Experience using verbal and written communications skills effectively, including the ability to interact effectively with customers and vendors
  • Previous experience demonstrated project cost and resource estimating
  • High-level familiarity with accounting and finance processes
  • Ability to meet deadlines and work under stress
  • Exposure and general understanding of risk management tools and techniques
  • Familiarity with enterprise project controls tools
  • Proficiency with relevant computer applications
  • Experience working in cross-functional teams


Preferred Qualifications:
  • Bachelor of Science degree (or higher) in Construction Management, Engineering, or a similar technical discipline, OR equivalent professional experience
  • Project management courses and certifications
  • Member AACE, ASPE, or PMI
​​​​​​​

Excited about this role but don’t meet every requirement listed? Studies show that often applicants will self-select out if they don’t check every box. We encourage you to apply anyway. You may be just the right candidate for this role or another one of our openings.

Relocation assistance is available for this position. ADM requires the successful completion of a background check.


“AJCIND”
Ref: 87098BR

Benefits and Perks

Enriching the quality of life for the world begins by taking care of our colleagues. In addition to competitive pay, we support your diverse needs with a comprehensive total rewards package to enhance your well-being, including:

  • Physical wellness – medical/Rx, dental, vision and on-site wellness center access or gym reimbursement (as applicable).
  • Financial wellness – flexible spending accounts, health savings account, 401(k) with matching contributions and cash balance plan, discounted employee stock purchasing program, life insurance, disability, workers’ compensation, legal assistance, identity theft protection.
  • Mental and social wellness – Employee Assistance Program (EAP), Employee Resource Groups (ERGs) and Colleague Giving Programs (ADM Cares).
Additional benefits include:
  • Paid time off including paid holidays.
  • Adoption assistance and paid maternity and parental leave.
  • Tuition assistance.
  • Company-sponsored training and development resources, such as LinkedIn Learning, language training and mentoring programs.
*Benefits may vary for bargained locations, confirm benefit eligibility with your recruiter.

#IncludingYou

Diversity, equity, inclusion and belonging are cornerstones of ADM’s efforts to continue innovating, driving growth, and delivering outstanding performance. We are committed to attracting and retaining a diverse workforce and create welcoming, truly inclusive work environments — environments that enable every ADM colleague to feel comfortable on the job, make meaningful contributions to our success, and grow their career. We respect and value the unique backgrounds and experiences that each person can bring to ADM because we know that diversity of perspectives makes us better, together.

We are committed to ensuring all qualified applicants receive consideration for employment regardless of race, color, ethnicity, disability, religion, national origin, gender, gender identity, gender expression, marital status, sexual orientation, age, protected veteran status, or any other characteristic protected by law.

We welcome everyone to apply, especially those individuals who are underrepresented in our industry, as we strive to ensure our workforce represents the world that we help to feed: people of color, women, gender non-conforming, LGBTQIA+, veterans and persons with disabilities. For more information regarding our efforts to advance Diversity, Equity, Inclusion & Belonging, please visit our website here: Diversity, Equity and Inclusion | ADM.

About ADM

At ADM, we unlock the power of nature to provide access to nutrition worldwide. With industry-advancing innovations, a complete portfolio of ingredients and solutions to meet any taste, and a commitment to sustainability, we give customers an edge in solving the nutritional challenges of today and tomorrow. We’re a global leader in human and animal nutrition and the world’s premier agricultural origination and processing company. Our breadth, depth, insights, facilities and logistical expertise give us unparalleled capabilities to meet needs for food, beverages, health and wellness, and more. From the seed of the idea to the outcome of the solution, we enrich the quality of life the world over. Learn more at www.adm.com.

Req/Job ID

87098BR

#LI-Onsite

Ref ID

#LI-BC1