Cost Estimator (Process Engineering)

AFRY is one of the largest international power sector consulting and engineering companies with about 19,000 experts working across the world to create sustainable solutions for future generations. In South East Asia, we are a leading power sector consulting engineering company executing our regional consultancy and engineering assignments from our power sector consulting offices in Bangkok, Jakarta, Kuala Lumpur, Manila, Hanoi, Singapore, Taiwan, Pune, Noida and Taipei. In total, we have a multinational staff of more than 700 working in power generation field in Asia.

We are seeking a detail-oriented Cost Estimator with strong process engineering knowledge, specifically experienced in Front-End Engineering Design (FEED) projects. The ideal candidate will possess 5 to 8 years of relevant experience, proficiency in AACE Class 2 estimating standards, and expertise in Financial Modeling (FM), Life Cycle Assessment (LCA), and developing robust Excel/VBA-based cost estimation models.

Key Responsibilities:

1. Cost Estimation & Analysis:
   • Perform detailed Class 2 cost estimates compliant with AACE standards specifically for FEED projects.
   • Prepare accurate, detailed estimates using semi-detailed unit costs and assembly-level line items.
   • Analyze project documentation including technical drawings, process flow diagrams (PFDs), piping and instrumentation diagrams (P&IDs), and specifications to determine accurate cost parameters.
2. Process Engineering Integration:
   • Work closely with process engineering teams to ensure accurate integration of engineering designs and process requirements into cost estimates.
   • Interpret complex engineering documents and translate them effectively into cost data.
3. Financial Modeling (FM) and Life Cycle Assessment (LCA):
   • Develop comprehensive Financial Models to evaluate project viability, profitability, and sensitivity analysis.
   • Conduct Life Cycle Assessments to forecast CAPEX and OPEX accurately over the project's lifetime, including maintenance and operational cost projections.
4. Excel/VBA Model Development:
   • Design, develop, and maintain cost estimation models using advanced Excel functionalities and VBA macros for automation.
   • Continuously improve existing cost estimation tools and models for accuracy, usability, and efficiency.
5. CAPEX and OPEX Reporting:
   • Generate clear, concise, and detailed CAPEX and OPEX reports for internal and external stakeholders.
   • Provide insights into potential cost reduction opportunities and risks.
6. Benchmarking and Database Management:
   • Develop and maintain benchmarking databases using historical and industry data to enhance estimation accuracy.
   • Ensure data consistency and transparency in cost estimation documentation.
7. Collaboration and Communication:
   • Collaborate closely with project management, engineering, finance, and other stakeholders to validate assumptions and align on cost expectations.
   • Clearly communicate estimate outcomes, risks, and financial insights to project teams and management.

Qualifications and Experience:

• Bachelor’s Degree in Engineering (Chemical, Engineering) with MBA, or a relevant field.
• 5 to 8 years of cost estimation experience, particularly in FEED stage of process engineering projects.
• Proven expertise with AACE Class 2 cost estimating standards.
• Experience in Financial Modeling (FM) and conducting Life Cycle Assessments (LCA).
• Proficiency in advanced Excel, VBA scripting, and cost estimation software.

Skills and Competencies:

• Excellent analytical, numerical, and financial skills.
• Strong understanding of process engineering fundamentals.
• Exceptional proficiency in Excel-based modeling, VBA macros, and automation.
• Strong communication and presentation skills.
• Ability to prioritize tasks, meet deadlines, and manage multiple projects simultaneously.

Preferred Qualifications:

• Prior experience in Oil & Gas, Energy, LNG, or related industrial sectors.
• Familiarity with project control and management tools.
• Certifications in Cost Estimation or relevant project management credentials.

Location & Benefits:

• Location: The position is based in Bangkok, with potential opportunities for regional travel as required.
• Competitive Salary: Attractive salary package based on experience and qualifications, along with performance-based incentives.
• Additional Benefits: Comprehensive health and wellness benefits, professional development opportunities, and a supportive work environment that encourages career growth.
• Dynamic Work Environment: Be a part of a collaborative, innovative, and forward-thinking team, working on cutting-edge LNG and Green Fuels infrastructure projects.

We offer the following to qualified candidates:

• Friendly international working environment with a wide variety of interesting and challenging tasks
• Competitive salary package
• Career opportunity in one of the largest international consulting and engineering companies
• Possibility to grow professionally and advance in career
• Possibility to work in international renewable energy projects

At AFRY, we engineer change in everything we do. Change happens when brave ideas come together. When we collaborate, innovate technology, and embrace challenging points of view. That’s how we're making future. We are actively looking for qualified candidates to join our inclusive and diverse teams across the globe. Join us in accelerating the transition towards a sustainable future.