Cost Manager (Fixed Term Contract)

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Date: 20 Mar 2024

Location: Toronto, ON, CA

Company: Alstom

Req ID:448637 

Leading societies to a low carbon future, Alstom develops and markets mobility solutions that provide the sustainable foundations for the future of transportation. Our product portfolio ranges from high-speed trains, metros, monorail, and trams to integrated systems, customised services, infrastructure, signalling and digital mobility solutions. Joining us means joining a caring, responsible, and innovative company where more than 70,000 people lead the way to greener and smarter mobility, worldwide.



Imagine playing a central role in reducing the carbon footprint of Canada's busiest public transit system and doing so with a consistently ranked Top Employer with a global reach. As part of the ONxpress consortium, Alstom is proudly working to transform the collective mobility of the Greater Toronto and Hamilton areas (GTHA) through the On-Corridor Works project, and we are hiring for hundreds of roles. The GO Expansion scope: new electric locomotives, fleet upgrades, train control systems, network electrification, signalling, telecommunications and digital systems, maintenance, and much more.


This role is a fixed term contract until December 2024.



  • Prepare, lead and manage cost planning, control, pricing aspects of a tender and project. Leading on setting up cost control processes and procedures to support tendering and cost control activities. Support the project and bid team on all financial aspects.

  • Undertake benchmarking exercise for internal evaluation plus to demonstrate value for money to the client

  • Support project management and bid team by developing, controlling, planning and forecasting budgets and manage, consolidate and control cost on system and sub-system level.

  • To support the Project Team on costing management and control throughout the project life cycle.

  • To support setting up, developing and maintaining Earned Value (EV) Systems aligned with cost control and management systems such as Work Pack Management (WPM).

  • Lead cost estimation activities on project and programme level.

  • Lead on identifying cost savings and revenue enhancing initiatives.



  • Prepare costing during pre-tendering phase, based on product cost database and return of experience from project execution

  • Undertake benchmarking exercises based on REX from comparable projects

  • Lead on pricing up variation orders

  • Support the Bid manager in the preparation price submissions for various projects and work packages

  • Define the cost structure for the bid according to RFP (terms and conditions, etc), sales requirements, etc

  • Define target cost per activities and/or sub system in coordination with sub-system managers, identify and propose gaps versus Reference Solution

  • Lead cost estimation activities based on target cost approach with all participating units and métiers

  • Support Cost Management, Planning and Control activities on the project/programme

  • Lead cost improvement actions to reach tender cost /target price using all competitiveness levers, and challenge the contributors where appropriate

  • Work with Finance Department to optimize Financial costs (bonds, financing, hedging, insurance, taxes, etc), and to improve overall competitiveness of the bid

  • Consolidate tender costs commitment and selling price as per financial rules and in the consolidation tool (Mercury/2.1/ or Ody.C)

  • Control the level of robustness of the costing (consistency between scope of work, costing received and planning), and use the Costing robustness assessment grid

  • Support proactively the project teams and tender team/discipline leads during the tender validation process

  • Prepare the Costing package for TRM (Tender Review Meeting) (cost analysis/bridges, standard report, cash curve, etc), and support the tender leader on the preparation of the pricing sheet for the customer

  • Lead cost estimation activities, in coordination with sub-system manager, for changes discussed with the customer during negotiation phase and update the cost commitment

  • Transfer tender costing data (with related assumptions) to Project (TTM / Tender Transfer Meeting) + variance analysis (from TRM/ Tender Review Meeting -->TTM/ Tender Transfer Meeting)

  • Support on demand the Project team on costing for variation orders

  • Prepare, produce, lead and manage the cost estimations for VO (Variation Order) and NAVO (Non-Agreed Variation Order) within the Project team, with the support of the Finance Project Manager for financial offer

  • For all the transversal activities at programme/syste level:

      • Collect and monitor cost reduction initiatives with the support of the related Métier: ideas collection, preliminary studies, action plan follow-up, risk & savings register update

      • Coordinate costing analysis during design phase with the support of the related stakeholders, for the activities impacting several Métiers (ex: budget versus savings analysis)

      • Build comparisons on different solutions and support Make or Buy evaluations (in coordination with the Finance Project Manager and Project Operation Manager/or Project Industrial Manager)

  • Support the Finance Project Manager in the monitoring of forecasted EAC (Estimated At Completion) at project/programme level:

      • Ensure that committed and secured savings, including the related action plan, are registered in the FPR (Finance Project Review)

      • Support and Lead on Work Pack Management activities, support EVM (Earned Value Management) efforts

      • Highlight deviations from budget

  • Secure the implementation of the savings action plan


Performance Measurements

  • Provide all costing and pricing deliverables on time

  • Accuracy and robustness of costing

  • At Tender/Bid stage: reliability of cost commitment between TTM and CPR0, out of change of scope/planning/global environment

  • At Project/programme execution stage: securization of committed savings & early warning on PPI evolution



  • Engineering degree and/or Business School

  • Minimum 5 years of experience in Industry

  • Experience in Railway industry desirable

  • Knowledgeable of Costing, in similar industry


Skills & Competencies

  • Ability to recognize product and associated costs, and understand operational flows (engineering, manufacturing, industrial, etc)

  • Ability to analyze and challenge contributor's commitments

  • Ability to define cost impact of terms & conditions

  • Sufficient awareness of financial rules and contractual aspects (bonds & guarantees, …)

  • Experience in Value analysis, Product cost and Cost models

  • Rigor and good analytical skills

  • Fluent in English

  • Results and data driven

  • Collaborative and team player in a diverse environment

  • Proactive and keen to implement processes and continuously improve

  • Curiosity for the product and its environment

  • Ability to work in network and integrate with bid and project team whilst maintaining independence

  • Good communication skills (presentations, synthesis, relationship with contributors ...)

  • Comfortable in an international and a multi-cultural environment

  • Ability to deliver on-time

  • Transparency, autonomy, anticipation, initiative, reactivity


Alstom is a global company where our people vision and values embrace Diversity and Inclusion (D&I). Wherever we operate and across all our businesses, we want to create an inclusive culture in which diversity is welcomed and appreciated. By bringing together people from diverse backgrounds and giving everyone the opportunity to contribute with their knowledge, skills, experiences and perspectives, we also generate value for Alstom and its stakeholders.


Employment at Alstom is based solely on a person's merit and qualifications directly related to professional competence. Alstom does not discriminate against any employee or applicant because of race, creed, colour, religion, gender, sexual orientation, gender identity/expression, national origin, disability, age, genetic information, veteran status, marital status, pregnancy or related condition (including breastfeeding), or any other basis protected by law.


It is Alstom's policy to comply with all applicable national, state and local laws pertaining to non-discrimination and equal opportunity. The Company's Equal Employment Opportunity (EEO) policy, as well as its affirmative action obligations, includes the full and complete support of the Company. Because it's just the right thing to do. We hope you think so, too.


Job Type:​Experienced​

Job Segment: Telecom, Telecommunications, Pre-Sales, RFP, Project Manager, Technology, Sales

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