Estimating Lead
Full time, Permanent
Inchinnan with hybrid working
About the Company
JFD Global is the world leading underwater capability provider, serving the commercial and defence markets with innovative diving, submarine and hyperbaric rescue, technical solutions and services.
The Role
As an integral member of our Bids Team, the Estimating Lead plays a crucial role in developing and managing cost estimates and pricing for bids within the defence and commercial industry. This position involves taking functional ownership of the bids financial model template, ensuring its accuracy and compliance with company reporting requirements. Additionally, the Estimating Lead provides essential guidance and support to bid leads, assisting them with cost estimation and commercial modelling for their bids and proposals, all in close collaboration with the wider bids team.
Role Responsibilities
- Develop, maintain, and continuously improve the bid financial model to support accurate pricing submissions.
- Implement scenario analysis, risk-adjusted pricing, and bespoke calculations within the model for effective decision-making.
- Collaborate with supply chain, engineering, and production teams to obtain accurate cost inputs for detailed estimates and price models.
- Analyse historical data, supplier pricing, and defence market trends to ensure accurate and competitive estimates.
- Identify and assess project risks, cost drivers, and potential savings opportunities.
- Work closely with bid leads, sales team, and product line teams to develop market-competitive pricing.
- Provide ongoing support to bid teams, ensuring they understand the bid model functions.
- Ensure all estimates comply with internal standards on accuracy and transparency.
- Maintain accurate records of assumptions, methodologies, and supporting documentation.
- Support internal governance and approval processes on financial and commercial requirements.
- Develop detailed cost estimates and price models for bids.
- Aid effective decision-making by the business through scenario analysis and risk-adjusted pricing.
Knowledge, Skills and Experience
- Advanced Excel and financial/commercial modelling
- Strong knowledge of cost estimation techniques
- Experience with automation and AI-driven estimating tools desirable.
- High attention to detail and accuracy in financial modelling and cost estimation.
- Proven ability to work under pressure to tight deadlines
- Strong analytical and problem-solving abilities in a commercial environment
- Excellent communication and presentation skills
- Ability to work effectively in a team environment
- Ability to support colleagues, enhancing their commercial understanding
If this sounds like the ideal next step in your career, then click ‘apply’ now!
JFD – part of a Global James Fisher Group
James Fisher is a global engineering services company that has evolved from its origins as a ship owner and operator to provide expertise and innovative technology across Energy, Defence, and Maritime Transport. We help our customers deliver on their promises safely, efficiently, and responsibly. With a strong heritage built on our people and innovation, we are embedding sustainability across our business.
Our strategy, centered around the One James Fisher ambition, aims to build a cohesive engineering service company in the Blue Economy.
- Our Energy Division offers safe, sustainable products and services for oil, gas, and renewables.
- The Defence Division provides underwater systems and life support for defence and commercial diving markets.
- Maritime Transport leads in global maritime shipping and ship-to-ship transfer services.
Together, we are building a brighter, bolder, and more innovative future.
If this sounds like the next step in your career, click ‘Apply’ now.
You can find out more about James Fisher & Sons group companies and valued behaviours by watching a short film here: We are One James Fisher - YouTube
Due to the volume of applications, we receive for our vacancies, on occasion applications may close before the deadline, so please apply early to avoid disappointment
James Fisher and Sons are committed to taking positive action on diversity and strongly encourage applications for candidates from all backgrounds. We are proud to be a Disability Confident employer and recognise that our success depends on our talented and diverse workforce. For more information Click here