Manager – Estimating & Cost Control

The Nuclear Company is the fastest growing startup in the nuclear and energy space creating a never before seen fleet-scale approach to building nuclear reactors. Through its design-once, build-many approach and coalition building across communities, regulators, and financial stakeholders, The Nuclear Company is committed to delivering safe and reliable electricity at the lowest cost, while catalyzing the nuclear industry toward rapid development in America and globally.

About the role
The Manager, Estimating & Cost Control will report to the Director, Project Controls. The Manager, Estimating & Cost Control establishes, implements, maintains, and monitors compliance with estimating and cost control processes across TNC’s fleet of projects.

Responsibilities

• Develop, implement, and maintain TNC’s estimating and cost control standards, procedures, and tools to ensure consistency across all projects and fleets.
• Ensure integration of processes and systems with other Project Controls functions including change management, planning & scheduling, work face planning, forecasting, progress reporting, and variance analysis.
• Coordinate with the Project Controls Managers on each project to ensure adequate levels of estimating & cost control support appropriate for the phase of each project.
• Support project teams (including EPC Contractors) including providing all preparatory input, systems, procedures, and resources necessary for the development of project estimates and translating estimate plans into detailed project budgets for regulatory, engineering, procurement, fabrication, modularization, construction, commissioning, testing, and start-up activities.
• Guide all estimating efforts, including the preparation of Class 5 to Class 1 estimates, ensuring compliance with industry best practices and TNC guidelines.
• Coordinate with the Manager, Planning & Scheduling and Project Controls Managers to ensure accurate and integrated project cost baselines, including alignment with project schedules and WBS.
• Coordinate and lead cost risk analyses, including Monte Carlo simulations and probabilistic cost forecasting, to quantify potential cost impacts and guide contingency planning.
• Conduct details estimate reviews, validating the accuracy and completeness of project estimates, change estimates, and cost forecasts.
• Ensure that the baselining (and re-baselining) of budgets is performed per TNC’s guidelines. Promptly flag any deviations and assist in their resolution.
• Establish, maintain, and audit cost control systems and processes to track and manage project budgets, committed costs, actual (incurred) expenditures, and cost variances.
• Prepare detailed cost reports, including Earned Value Analysis (EVA), cost performance indices (CPI), and trend analyses, for monthly project reviews and executive reporting. Participate in Program and Project reviews of cost performance and provide independent analysis of each contractor.
• Develop and maintain Estimates at Completion (EAC) to provide accurate forecasts of total project costs, including early identification of potential budget overruns.
• Work closely with the Contract and Procurement teams to ensure accurate cost estimating is available to support contract negotiations and validate change order pricing.
• Support project teams in conducting impact assessments for any proposed changes to cost baselines and budgets.
• Actively participate with TNC’s risk identification and management efforts at a project and fleet level.
• Maintain regular engagement with the corporate finance team to ensure alignment between project controls and financial controls, including mapping project cost data to corporate financial systems.
• Develop cash flow models to support project financial planning and provide regular updates to the corporate finance team.
• Assist with the preparation of monthly cost performance reports to TNC’s senior management team.
• Support dispute resolution and claims analysis, including forensic analysis for potential use in contract claims or legal proceedings.

Experience

• 15+ years of progressive experience in heavy industrial EPC environments. Experience on Nuclear projects is required.
• Proficiency with commonly used estimating tools in the industry and by major EPC Contractors.
• Must have strong investigative skills and an ability to ask questions to draw out required information.
• Must utilize excellent communication and interpersonal skills to ensure that:
  • We build and retain a culture of “radical transparency” across the fleet to promote the open sharing of both positive and negative information.
  • Team members “feel helped” when intervention is necessary.
• Functional oversight of estimators and cost controllers assigned to the projects.
• Experience in conducting quantitative risk analysis (e.g. Monte Carlo).
• Prior experience w/ open book estimating.

Benefits

• Competitive compensation packages
• 401k with company match
• Medical, dental, vision plans
• Generous vacation policy, plus holidays

Estimated Starting Salary Range
The estimated starting salary range for this role is $150,000 - $173,000 annually less applicable withholdings and deductions, paid on a bi-weekly basis. The actual salary offered may vary based on relevant factors as determined in the Company’s discretion, which may include experience, qualifications, tenure, skill set, availability of qualified candidates, geographic location, certifications held, and other criteria deemed pertinent to the particular role. 

EEO Statement
The Nuclear Company is an equal opportunity employer committed to fostering an environment of inclusion in the workplace. We provide equal employment opportunities to all qualified applicants and employees without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected characteristic. We prohibit discrimination in all aspects of employment, including hiring, promotion, demotion, transfer, compensation, and termination.

Export Control
Certain positions at The Nuclear Company may involve access to information and technology subject to export controls under U.S. law. Compliance with these export controls may result in The Nuclear Company limiting its consideration of certain applicants.