Capital Estimating, Cost Control & Benchmarking Lead- Capital Portfolio Planning and Controls Group
Albemarle Corporation · Houston, TX · 2 wk ago
Finance$200/hrFull-time
Role Purpose
Own and execute capital cost estimating, benchmarking, and cost control for Albemarle’s manufacturing capital portfolio. This role provides owner-side estimate credibility, forecast accuracy, and benchmarking discipline across FEL development and project execution for medium to small size projects (<$200MM TIC).
What You Will Do
- Estimating & Benchmarking
- Own and apply standard estimating methodologies, tools, and accuracy expectations across global manufacturing sites.
- Support development and validation of conceptual through definitive estimates for small to medium size projects.
- Serve as the primary estimating point of contact for manufacturing sites.
- Build, maintain, and use estimating databases and cost metrics for cross-site benchmarking.
- Lead estimate and benchmark health checks using IPA and other industry frameworks.
- Use external data tools (e.g., IHS Markit, Alpha Resources) and internal data to challenge scope, productivity, market conditions, and escalation assumptions.
- Support and represent estimating in PEER reviews, FEL gate reviews, and governance forums.
- Cost Control & Forecasting (Execution Support)
- Embed with active project teams as needed to support day-to-day cost control.
- Own SAP PS cost structure integrity: WBS setup, budget loading, transfers, supplements, and change tracking.
- Maintain visibility and control of budgets, commitments, actuals, accruals, forecasts, and EACs.
- Review and validate contractor and vendor cost data for accuracy, completeness, and scope alignment.
- Identify and escalate early cost and trend risks to project and leadership teams.
- Partner closely with Construction, Procurement, Finance, and Project Controls to maintain cost discipline.
- Process Ownership & Capability Building
- Maintain and enforce estimating and cost control SOPs and governance requirements.
- Drive continuous improvement in estimating accuracy, forecast reliability, and data quality.
- Support change management related to scope growth, estimate revisions, and forecast updates.
- Train site teams on estimating methods, benchmarking interpretation, and cost control fundamentals.
What You Bring
- Required:
- Bachelor’s degree in Engineering, Construction Management, or related discipline.
- 10-12 years owner-side (preferred) or EPC experience in both capital estimating and project cost control.
- Hands-on experience supporting chemical, petrochemical, mining, or industrial facilities.
- Demonstrated ability to work across the full project lifecycle (FEL0-Operate).
- Strong working knowledge of: Capital project estimating practices, IPA Benchmarking, Cost control, forecasting, and EAC development, Change management and cost governance.
- Advanced SAP Project Systems (PS) experience.
- Advanced Excel capability; experience with estimating software (e.g., ASPEN ACCE).
- Comfortable working independently and challenging assumptions with facts.
- Clear, structured communicator able to engage engineers, project managers, contractors, and leadership.
- Preferred:
- Owner-side project controls hands-on experience in estimating and cost control.
- Experience with IPA benchmarking and FEL assessments.
- Experience working with EPCM and contractor cost reporting.
- Professional certification (AACE, PMP, etc.).
Benefits
Competitive compensation
Comprehensive benefits package
A diverse array of resources to support you professionally and personally.