Full-Time

Lead Principal Estimator & Cost Controls SME

Oracle

Oracle

10,001+ employees

Enterprise software, cloud infrastructure, databases provider

Compensation Overview

$126.2k - $264.1k/yr

+ Bonus + Equity + Compensation deferral

Port Washington, WI, USA + 1 more

More locations: United States

Hybrid

Approximately 30–50% field/site engagement is expected, depending on project phase and estimating activity.

Category
Project & Program Management (1)
Required Skills
Data Visualization
Forecasting
Data Analysis

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Requirements
  • Senior-level experience in cost estimating, cost controls, commercial analysis, project controls, or capital project delivery.
  • Expertise in conceptual, budgetary, detailed, parametric, and quantity-based estimating methods.
  • Strong understanding of multidisciplinary 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 quantity surveying 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.
Responsibilities
  • Serve as the senior cost-estimating, commercial-analysis, and project-controls subject-matter expert for assigned projects, programs, and strategic initiatives.
  • Support investment decisions, budget development, cost governance, forecasting, and execution visibility across the delivery portfolio.
  • Translate project scope, design maturity, market conditions, contractor pricing, and field execution realities into cost models, estimates, forecasts, risk assessments, and executive decision support.
  • Act as Oracle’s internal cost authority and owner representative for estimating, cost management, commercial validation, and third-party quantity-surveying governance.
  • 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.
  • Manage external quantity-surveying partners and cost consultants as integrated extensions of the delivery organization.
  • Define quantity-surveying scopes of work, service standards, reporting requirements, performance metrics, and accountability measures.
  • Review, challenge, validate, and accept quantity-surveying estimates, forecasts, cost reports, methodologies, assumptions, and recommendations.
  • Coordinate multiple quantity-surveying firms across projects and regions while improving quality, responsiveness, accuracy, and consistency.
  • Integrate quantity-surveying outputs into portfolio reporting, executive decision-making, cost governance, and continuous-improvement efforts.
  • 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, quantity-surveying partners, and commercial stakeholders.
  • Drive continuous improvement in estimate accuracy, forecast reliability, commercial rigor, reporting quality, and cost-governance consistency.
  • Maintain approximately 30–50% field/site engagement depending on project phase and estimating activity.
  • Validate estimate assumptions, quantities, productivity, labor utilization, execution methods, and cost forecasts against actual field conditions.
  • Participate in contractor reviews, commercial discussions, consultant deliverable reviews, and project-team alignment sessions.
  • Engage directly with project teams, estimators, procurement teams, contractors, quantity-surveying partners, and commercial stakeholders.
  • Escalate cost risks before budget impacts occur and maintain disciplined estimate documentation.

Oracle provides enterprise software, cloud infrastructure, databases, and business applications for organizations. It offers cloud computing, storage, networking, and AI-enabled data management, plus Fusion Cloud Applications for ERP, HCM, supply chain, manufacturing, and customer experience, with options for hybrid and on-premises deployment. The company differentiates itself with an integrated stack that spans databases, cloud infrastructure, and enterprise apps, built on a history of acquisitions and a broad customer base. Its goal is to help organizations run operations efficiently, scale data and processes, and pursue digital transformation through an end-to-end platform.

Company Size

10,001+

Company Stage

IPO

Headquarters

Austin, Texas

Founded

1977

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Simplify Jobs

Simplify's Take

What believers are saying

  • Oracle's Q1 FY2026 revenue rose 30% to $19.3 billion, signaling strong demand.
  • OpenAI-related demand and Stargate data-center buildouts support OCI growth through 2027.
  • Oracle raised FY2027 targets to $90 billion, implying management sees sustained acceleration.

What critics are saying

  • EU regulators started reviewing Oracle licensing on September 1, 2026; SAP-like remedies follow.
  • Fiscal 2026 free cash flow was negative $23.7 billion after $55.7 billion capex.
  • Oracle's dependency on massive AI buildouts and OpenAI-style contracts creates existential financing pressure by 2027.

What makes Oracle unique

  • Oracle's 2026 RPO hit $638 billion, dwarfing annual revenue and rivals' backlogs.
  • Oracle Database and OCI combine software lock-in with cloud migration paths across enterprises.
  • Oracle's March 2026 AI Database innovations strengthen vector and agentic workloads on-premises and cloud.

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Benefits

401(k) Savings and Investment Plan with company match

Paid time off: Flexible Vacation is provided to all eligible employees assigned to a salaried (non-overtime eligible) position. Accrued Vacation is provided to all other employees eligible for vacation benefits. For employees working at least 35 hours per week, the vacation accrual rate is 13 days annually for the first three years of employment and 18 days annually for subsequent years of employment. Vacation accrual is prorated for employees working between 20 and 34 hours per week. Employees working fewer than 20 hours per week are not eligible for vacation.

11 paid holidays

Paid sick leave: 72 hours of paid sick leave upon date of hire. Refreshes each calendar year. Unused balance will carry over each year up to a maximum cap of 112 hours.

Paid parental leave

Adoption assistance

Employee Stock Purchase Plan

Financial planning and group legal

Voluntary benefits including auto, homeowner and pet insurance

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

1%

2 year growth

2%
Bloomberg
Sep 10th, 2026
Oracle beats earnings estimates with sales rising 30% to $19.3B

Oracle reported fiscal first-quarter earnings of $1.92 per share, surpassing analyst estimates. The enterprise software company's sales climbed 30% to $19.3 billion during the quarter. The strong results demonstrate continued growth for Oracle as businesses invest in cloud infrastructure and database services. The earnings beat suggests the company is maintaining momentum in its cloud computing business. Oracle's performance comes amid ongoing competition in the enterprise software and cloud services market. The 30% revenue increase represents significant year-over-year growth for the tech giant.

Yahoo Finance
Sep 10th, 2026
Oracle faces earnings tonight with 79% beat probability despite 52% stock decline since last year's 36% post-earnings surge

Oracle reports earnings today with shares down 18% year-to-date and trading around $159, roughly 52% below last September's post-earnings close of $328. The stock surged 36% in a single session following last year's report. Despite the decline, fundamentals remain strong. The company guided first-quarter revenue growth of 27% to 29% and cloud revenue growth of 58% to 64%. Remaining performance obligations reached $638 billion, up 363% year-over-year, with $75 billion tied to GPU arrangements. Options traders are selling calls at the $150 strike, and implied volatility sits at 73, among the highest in the S&P 500. However, 36 analysts rate the stock a buy with a $241 target, and consensus expects earnings of $1.74 per share on $19.13 billion revenue.

Yahoo Finance
Sep 10th, 2026
Big Tech burns $13.5B as AI buildout sends Treasury yields to 4.79%

US Treasury yields near 4.79% reflect strong corporate borrowing for AI investments rather than economic weakness, according to analysts Joel Litman and Rob Spivey. They argue that context matters more than absolute rate levels. Companies borrowing at 5% to fund projects returning 30-40% benefit from current rates, whilst those earning less than borrowing costs face pressure. The analysts note that AI-related corporate debt issuance reached roughly $1.5 trillion this year, driving yields higher. Alphabet posted its first negative free cash flow since 2004, burning $5.9 billion in Q2 as capital expenditure hit $44.9 billion. Amazon swung to negative $7.6 billion on a trailing basis. However, negative cash flow can signal productive investment rather than distress, the analysts suggest.

Yahoo Finance
Sep 9th, 2026
Oracle and Adobe earnings Thursday: Which AI play offers better value?

Oracle and Adobe report quarterly earnings on Thursday 10 September, offering different angles on AI investment opportunities. Oracle expects fiscal Q1 revenue of roughly $19.13 billion, up 27%-29% year-over-year, driven by cloud infrastructure demand. Total cloud revenue is forecast to surge 58%-64%, with remaining performance obligations soaring 363% to $638 billion due to large-scale AI contracts. Adobe anticipates fiscal Q3 revenue of $6.69 billion, representing approximately 12% growth. The company recently reported AI-first annual recurring revenue tripled year-over-year to over $500 million, with record Q2 revenue of $6.61 billion. Oracle benefits from AI-related cloud infrastructure demand, whilst Adobe embeds generative AI throughout its creative, document, and marketing platforms. Investors will watch whether Oracle's growth justifies its premium valuation or Adobe's discounted stock offers better value.

Yahoo Finance
Sep 9th, 2026
Options traders bet Oracle could jump 8% as AI cloud growth faces capital spending scrutiny

Options traders are positioning for significant movement in Oracle shares ahead of the company's fiscal first-quarter earnings report on Thursday. The stock closed at $162.52 on Tuesday, with call options showing particular interest in the $175 strike price — representing nearly an 8% premium. Oracle's cloud infrastructure revenue surged 93% to $5.8 billion last quarter, driven by AI-related demand. The company ended fiscal 2026 with $638 billion in remaining performance obligations, indicating substantial contracted future business. However, aggressive AI data centre investment has strained finances. Whilst Oracle generated $32 billion in operating cash flow in fiscal 2026, free cash flow turned negative at $23.7 billion due to heavy capital spending. Investors will scrutinise whether AI cloud revenue growth can justify the significant infrastructure expenditure.