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Principal Lead Estimator & Cost Controls Sme

Job in La Cienega, Santa Fe County, New Mexico, USA
Listing for: Reporter Newspapers
Full Time position
Listed on 2026-08-06
Job specializations:
  • Construction
    Estimator
Salary/Wage Range or Industry Benchmark: 126000 - 264000 USD Yearly USD 126000.00 264000.00 YEAR
Job Description & How to Apply Below
Position: PRINCIPAL LEAD ESTIMATOR & COST CONTROLS SME
Location: La Cienega

PRINCIPAL LEAD ESTIMATOR & COST CONTROLS SME

Job Description

Primary Responsibilities:
  • Develop and validate conceptual, budgetary, and detailed estimates across electrical, low voltage, mechanical, civil, structural, architectural, controls, security, network, and site infrastructure scopes.
  • Build and maintain cost models, parametric estimating tools, quantity-based estimates, labor productivity models, benchmarks, and should-cost analyses.
  • Lead cost forecasting, trend analysis, variance analysis, escalation analysis, contingency analysis, and cost risk identification.
  • Perform bid leveling, proposal normalization, commercial evaluations, contractor pricing reviews, vendor pricing validation, and scope gap analysis.
  • Prepare Basis of Estimate packages, executive cost reporting, cost dashboards, estimate governance standards, and portfolio cost intelligence reports.
  • Support change order evaluations, cost negotiation, cost-related decision support, project controls integration, and cost/schedule analytics.
  • Provide portfolio cost visibility by connecting estimating, forecasting, commercial risk, project controls, and field execution data.
  • Standardize estimating methodologies, cost reporting practices, and cost management procedures across assigned projects and programs.
Third-Party Quantity Surveying (QS) Governance:
  • Manage external QS partners and cost consultants as integrated extensions of the delivery organization.
  • Define QS scopes of work, service standards, reporting requirements, performance metrics, and accountability measures.
  • Review, challenge, validate, and accept QS estimates, forecasts, cost reports, methodologies, assumptions, and recommendations.
  • Coordinate multiple QS firms across projects and regions while improving quality, responsiveness, accuracy, and consistency.
  • Integrate QS outputs into portfolio reporting, executive decision-making, cost governance, and continuous improvement efforts.
Required

Skills and Experience:
  • Senior-level cost estimating, cost controls, commercial analysis, project controls, or capital project delivery experience.
  • Expertise in conceptual, budgetary, detailed, parametric, and quantity-based estimating methods.
  • Strong understanding of multi-discipline construction scopes, contractor pricing, productivity assumptions, quantities, and field execution realities.
  • Experience with cost forecasting, budget management, cost variance analysis, change order evaluation, contingency planning, and cost risk management.
  • Ability to perform bid leveling, proposal validation, scope reconciliation, should-cost modeling, benchmark development, and commercial challenge.
  • Demonstrated ability to manage third-party QS firms, cost consultants, or external estimating partners.
  • Strong executive reporting, dashboarding, cost governance, documentation, and data-driven decision support skills.
  • Ability to partner with project teams, procurement, construction, contractors, estimators, commercial stakeholders, and executive leadership.
  • Strong communication, cross-functional collaboration, consultant oversight, and stakeholder management skills.
Leadership Expectations:
  • Serve as the organization's subject matter expert for estimating methodologies, cost governance, commercial validation, and owner-side cost leadership.
  • Lead through cost expertise, commercial challenge, consultant oversight, data-driven decision support, and cross-functional collaboration.
  • Build trusted relationships with executive leadership, project teams, procurement, construction, contractors, QS partners, and commercial stakeholders.
  • Drive continuous improvement in estimate accuracy, forecast reliability, commercial rigor, reporting quality, and cost governance consistency.
Success Measures:
  • Estimations are accurate, defensible, trusted, and supported by documented assumptions.
  • Budget development, cost forecasts, and executive cost reporting improve predictability and decision-making.
  • Cost risks, scope gaps, commercial issues, and budget impacts are identified early and mitigated proactively.
  • Contractor pricing transparency increases, cost overruns are surfaced earlier, and change order exposure is reduced.
  • Benchmarks, cost databases, estimating standards, and reporting practices improve portfolio performance over time.
  • QS partners deliver consistent, high-quality work with minimal rework and clear accountability.
Key Performance Indicators:
  • Estimate accuracy; budget variance; forecast accuracy; cost risk identification speed; bid review cycle time.
  • Proposal validation accuracy; change order avoidance; benchmark utilization; cost reporting accuracy; cost savings identification.
  • Estimate turnaround time; portfolio cost predictability; QS deliverable accuracy; consultant performance score; cost reporting consistency; change order validation accuracy.
Core Deliverables:
  • Conceptual, budgetary, and detailed estimates;
    Basis of Estimate packages; cost models; parametric tools; should-cost analyses.
  • Cost forecasts, bid leveling analyses, commercial review reports, cost risk…
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