Project Costing Specialist

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Date: 26 Apr 2024

Location: Toronto, ON, CA

Company: Alstom

Req ID:452394 


At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, more than 80 000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.



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.


Main Responsibilities

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

  • Support the Bid manager in the preparation of the IFQ (Instruction For Quotation), in accordance with pricing strategy

  • 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 Bid sub-system managers, matching with winning price and identified gaps versus Reference Solution

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

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

  • Lead a collaborative work with Finance Tender Manager 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 Bid manager and the Finance Tender Manager 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 Bid 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)


Performance measurements in contract or program execution

  • Provide all costing and pricing deliverables on time 
  • Accuracy and robustness of costing
  • For Tender/Bid cost manager: reliability of cost commitment between TTM and CPR0, out of change of scope/planning/global environment
  • For Project cost manager: securization of committed savings & early warning on PPI evolution


Educational Requirements

  • Bachelor's Degree in Engineering and/or Business School



  • Minimum 7 years of experience in Industry
  • Knowledgeable of Costing in similar industry
  • Experience in complex projects (Design-build)


Competencies & Skills


  • 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, etc.)
  • Experience in Value Analysis, Product cost and Cost models
  • Rigor and good analytical skills
  • Fluent in English



  • Results and data driven
  • Curiosity for the product and its environment
  • Ability to work in network
  • Good communication skills (presentation, synthesis, relationship with contributors, etc.)
  • Ability to deliver on-time
  • Transparency, autonomy, anticipation, initiative, reactivity



You don’t need to be a train enthusiast to thrive with us. We guarantee that when you step onto one of our trains with your friends or family, you’ll be proud. If you’re up for the challenge, we’d love to hear from you!


Important to note

As a global business, we’re an equal-opportunity employer that celebrates diversity across the 63  countries we operate in. We’re committed to creating an inclusive workplace for everyone.


Job Type:​Experienced​

Job Segment: Telecom, Telecommunications, Database, Pre-Sales, RFP, Technology, Sales

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