Vantris Energy Berhad Hiring! Full Time Manager, Estimation in Federal Territory - Ricebowl

Job Purpose:

• Estimating Manager plays a crucial role in shaping the company’s ability to secure projects profitably. Position is responsible for leading the development of accurate, competitive, and risk-informed cost estimates for offshore Oil & Gas EPCI/T&I projects.
• The role ensures alignment between technical solutions, execution strategy, and commercial objectives to enhance bid competitiveness while safeguarding profitability and contractual compliance as the backbone of tender submissions.
• The role is responsible for developing pricing strategies, assessing commercial and contractual risks, ensuring compliance with tender requirements, and providing reliable cost information to support business growth and profitability.
• The Manager, Estimation works closely with Business Development, Engineering, Procurement, Operations, and Project teams to deliver high-quality bids, enhance tender success rates, and ensure seamless handover of awarded projects while maintaining governance, commercial integrity, and safety compliance.

Key Accountability:

• Prepare cost build up / estimation file for the scope of work to be estimated by gathering proposals, technical concept, specifications, and related documents as per internal procedure and internal estimation sheet format.
• Prepare commercial tables required for the various management reviews.
• Review tender documents to have clear understanding on bid requirements and scope of work.
• Identify and establish all possible cost items for a project.
• Maintains cost data base by entering and backing up data.
• Identify other alternatives and optional methods to execute the project and establish the respective estimate that is/are being considered.
• Understand market trends and anticipate competitors’ capabilities on pricing strategies.
• Provide finalized data and input for management approvals.
• Understand clients’ pricing schedule structure, identify pricing strategy, and provide pricing breakdown as per bid requirement.
• Prepare the commercial submission sheet as per client’s ITT requirement.
• Provide input for commercial exceptions and qualifications.
• Understands key contractual terms & conditions and highlight key issues to management.
• Involve in post bid submission activities i.e. clarifications, negotiations, award, contract finalization, and handover to project team.
• Plans and works pro-actively with the other functional departments to identify priorities and expedites estimate input data to achieve the planned completion date and quality.
• Providing and controlling all essential financial / commercial information considering requirements & rules, commercial risk assessment, project budget and cash-flow projection
• Provide mentorship to Junior Estimators.
• Responsibilities: To ensure that all Company/Department safety objectives and legal requirements are complied.

Relevant Experience:

• Minimum – 12 years – working and relevant experience in Oil & Gas especially in offshore T&I / EPCI, with estimation, tendering or project control.
• Other additional experience in the oil and gas industry such as engineering, procurement, fabrication, or hook- up will also be considered.