job postings cost estimator jobs in canada

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cost estimator Jobs

all about cost estimator jobs

As an estimator, you analyze all aspects and factors related to project management and, if requested, create building simulations. Cost estimators commonly work with contractors, construction companies and manufacturers.

Your job combines elements of engineering with elements of accounting and finance. You're great at working with numbers, but you also enjoy project management and process engineering. Cost estimators perform cost analyses across a wide variety of platforms, saving their employers both money and time.

what cost estimator jobs entail

Cost estimators work full time and may split their time between working in an office and offsite at building and manufacturing locations. Some travel will be part of the job. Expect to work overtime to meet project deadlines. In most cases, you will report to a senior project manager or other individuals with a management role for the project.

average cost estimator salaries

Working as a cost engineer in Canada is a lucrative career option. Cost estimators can expect an average salary of about $70,000. While most cost estimators start with an annual salary of about $50,000, you can make up to $120,000 annually with experience. Expect to see your salary increase with the number of years you work in the field. Bonuses and employee benefits are typically included as part of your compensation package.

your day to day tasks

Cost estimators collect, analyze data, and plan construction and manufacturing projects from the ground up. Working collaboratively with a variety of project stakeholders, you will be tasked with a large number of responsibilities, including the following:

  • perform research to accurately predict costs
  • identify the cost factors for projects
  • travel to job sites to collect information and assess costs
  • work with project engineers, architects, and other professionals
  • evaluate costs and profitability
  • prepare estimates and cost plans
  • recommendations cost reductions
  • develop and update project plans

where you can work

Cost estimators within the engineering field most commonly work within the construction and manufacturing industry, either directly for these organizations or for an engineering company that is part of the project planning. Professionals have the most opportunities in growth regions and areas with a large manufacturing and construction presence.

what you bring to the table

As a cost estimator, you are required to not only have a strong understanding and experience in the construction industry, you also require strong business, math and technology skills. Here are some of the skills companies are looking for in candidates for cost estimator roles:

  • excellent at math
  • detail oriented and accuracy
  • excellent time management skills
  • strong analytical skills
  • experience with data modeling
  • experience reading blueprints and technical manuals
  • research and writing skills

training and certifications

Most companies require candidates to have a bachelor’s degree in engineering, construction science, construction management or other related fields. Previous experience in the construction is increasingly preferred.

Companies commonly provide additional training to help new hires ramp up to their software programs and approach to cost estimation. Additionally, industry certification, from the Association for the Advancement of Cost Estimating International (AACE) or International Cost Estimating and Analysis Association, can give you an edge over other candidates competing for the same position.

where your career is headed

It’s common for construction managers and other highly experienced construction professionals to make the transition to a cost estimator role. Many cost estimators remain in the same role, but with experience, choose to work for other companies or specialize in cost estimation for a particular type of building project or manufacturing process. Some cost estimators go on to open their own business and work with multiple companies.

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