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Bid Cost Manager

Job in Toronto, Ontario, C6A, Canada
Listing for: Alstom
Full Time position
Listed on 2026-03-02
Job specializations:
  • Engineering
    Financial Manager
  • Finance & Banking
    Financial Manager
Salary/Wage Range or Industry Benchmark: 60000 - 80000 CAD Yearly CAD 60000.00 80000.00 YEAR
Job Description & How to Apply Below

Req

At Alstom, we understand transport networks and what moves people. From high-speed trains, metros, monorails, and trams, to turnkey systems, services, infrastructure, signalling and digital mobility, we offer our diverse customers the broadest portfolio in the industry. Every day, more than 80 000 colleagues lead the way to greener and smarter mobility worldwide, connecting cities as we reduce carbon and replace cars.

  • Imagine playing a central role in reducing the carbon footprint of Canada's busiest public transit system and doing so with a consistently ranked Top Employer with a global reach. As part of the ONxpress consortium, Alstom is proudly working to transform the collective mobility of the Greater Toronto and Hamilton areas (GTHA) through the On-Corridor Works project, and we are hiring!

    The GO Expansion scope: new electric locomotives, fleet upgrades, train control systems, network electrification, signalling, telecommunications and digital systems, maintenance, and much more.
Objective
  • Lead and manage cost estimation, planning, control, and pricing aspects of a tender and project
  • Supports the project and bid teams by developing, controlling, planning and forecasting budgets, and by managing, consolidating and controlling cost at system and sub-system levels
  • Undertake benchmarking exercise for internal evaluation and to demonstrate value for money to the client
  • Lead on identifying cost savings and revenue enhancing initiatives.
  • Maintain, update and improve costing tools and ‘ways of working’
Responsibilities
  • Undertake benchmarking exercises based on ‘return of experience’ (REx) from comparable projects and Reference Solutions
  • Define target cost per activities and/or sub system in coordination with sub-system managers, identify and propose gaps versus Reference Solution
  • Support the Bid Manager in the preparation price submissions for various projects and work packages
  • Lead cost estimation activities based on target cost approach with all participating units and functions (métiers)
  • Lead cost improvement actions to reach tender cost /target price using all competitiveness levers, and challenge the contributors where appropriate
  • Work with Finance Department to optimize Financial costs (bonds, financing, hedging, insurance, taxes, etc), and to improve overall competitiveness of the bid
  • Consolidate tender costs commitment and selling price as per financial rules and in the consolidation tool (Mercury/2.1 or Ody.

    C)
  • Control the level of robustness / quality of the costing (consistency between scope of work, costing received and planning), and use the Costing robustness assessment grid
  • Support proactively the project teams and tender team/discipline leads during the tender validation process
  • Prepare the Costing packages for all internal and customer gate reviews and submissions (cost analysis/bridges, standard report, cash curve, etc), and support the tender leader on the preparation of the pricing sheet for the customer
  • Lead cost estimation activities, in coordination with sub-system manager, for changes discussed with the customer during negotiation phase and update the cost commitment
  • Transfer tender costing data (with related assumptions) to Project to support project launch
  • Support the Finance Project Manager in the monitoring of forecasted EAC (Estimated At Completion) at project/programme level :
  • Work closely with Risk teams to assess cost impacts and provide structured, critical input to enhance the quality of analyses
Performance Measurements
  • Provide all costing and pricing deliverables on time
  • At Tender Phase:
    Completeness, Accuracy and Robustness of costing/pricing, including adherence to scope and cost forecasting.
  • At Project/programme execution stage: securization of committed savings & early warning on PPI evolution
Requirements
  • Engineering, Maths and/or Business Degree
  • 7+ years of experience in estimating and cost management on large scale public infrastructure projects – Railway and Signaling experience preferred
  • Expert level Excel user
  • Salesforce and Primavera P6 skills desirable
Skills & Competencies
  • Ability to recognize product and associated costs, and understand operational flows (engineering,…
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