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ESTIMATOR COST CONTROL COORDINATOR

TYPE OF SEARCH

National

ABOUT US

Lundin Gold Inc. headquartered in Vancouver, Canada, is part of the Lundin Group of Companies, one of the most recognized, respected and prominent groups in the global industry today. It is comprised of 13 publicly traded companies focused on the extractive sector, operating in more than 17 countries around the world.

Lundin Gold, through its Ecuadorian subsidiary Aurelian Ecuador S.A., owns the Fruta del Norte Mine (FDN), located in southeastern Ecuador in the Zamora Chinchipe Province.

Fruta del Norte (FDN) is one of the largest and highest grade gold deposits in the world currently in production. The Company has an experienced mine operations team dedicated to advancing FDN responsibly. In the fourth quarter of 2019, Lundin Gold realized first gold production as well as the first export of gold concentrate and doré. In the first quarter of 2020 FDN achieved commercial production. Lundin Gold operates transparently in accordance with international best practices and according to its three core principles: Working Safely, Environmental Stewardship and Respect.

THE ROLE

Develop budgets and estimates for operating and capital projects assigned to Surface Operations. Perform, monitor and control the budget, commitments and actual costs of capital projects (CAPEX) by performing data analysis to identify trends, estimate and make projections, alerting in a timely manner potential deviations to the budget and proposing spending optimization options that allow projects to be completed within budget.

RESPONSIBILITIES

  • Develop operating and capital project budgets and estimates.
  • Monitor and control the budget, committed costs and actual costs of capital projects (CAPEX).
  • Create internal work procedures and generate standards, which allow for the correct budgeting of projects.
  • Ensure the proper establishment of the cost management system and analysis of budgets, committed costs and current costs for capital projects (CAPEX).
  • Coordinate, formulate and review project budgets and estimates.
  • Coordinate and formulate performance and unit price analysis.
  • Implement, manage and update resource pricing database (labor, materials, contracted services and equipment) and historical unit prices.
  • Develop and manage quick costing tools (ratios, etc).
  • Ensure proper use of platforms and tools developed in Surface Operations and existing LUG platforms and tools.
  • Review cost reports, including review of cost estimates and accounting entries in order to resolve variances on capital projects.
  • Conduct ongoing search for optimization and savings within capital projects and Surface Operations.
  • Lead the preparation of the CBS for capital projects in coordination with the planning area.
  • Provide support in requests for expenditure/investment authorization for capital projects.
  • Participate in the integrated change management system for capital projects by estimating impacts on the capital project budget.
  • Calculate and maintain updated end-of-project estimate (EAC) for capital projects.
  • Implement an efficient and effective monitoring and control system to integrate the updated budget, committed costs and actual costs of capital projects.
  • Develop and implement reports (dashboards, tabulations, etc) to present project portfolio status and cost projections.
  • Analyze data to identify trends, estimate and make projections, alerting in a timely manner potential deviations to the budget and proposing specific options to execute projects within budget.
  • Provide support in the bidding processes, in the stage of determining the CAPEX budget available for the contract to be tendered, as well as in the evaluation of bidders’ proposals, including review and validation of direct and indirect costs.
  • Evaluate additional cost requests (change notice) from contractors to determine the direct cost to be recognized for such work, as well as the proportional increase in the indirect cost of compensable items according to LUG’s integrated change management system.
  • Perform cost estimates and projections as required by capital projects or Sr. Surface Operations Management.
  • Provide support to internal LUG areas in the project closure stage, including final cost incurred information for the capitalization stage.
  • Work in conjunction with Planning to develop cost vs. time curves.
  • Perform cost status analysis and presentations required by internal and external stakeholders on demand.

SKILLS AND EXPERIENCE

  • Bachelor’s degree in Civil, Mechanical, Electrical Engineering or related field.
  • 5 to 8 years in similar positions in estimating and cost control of capital projects.
  • Knowledge of cost estimating principles and methodologies in industries such as mining, energy, petroleum, industrial infrastructure.
  • Experience in preparation and preparation of capital and operating project budgets.
  • Experience in cost control of operating or capital projects in industries such as mining, energy, petroleum, industrial infrastructure.
  • Experience in reviewing economic estimates/proposals from contractors/suppliers.
  • Experience in preparation and presentation of budget and cost status reports and dashboards for portfolio/programs in operations or construction development stages for all levels of staff (Superintendents, Managers, VPs, etc).
  • Experience in identification, management and integration of key stakeholders from different project support areas such as Environment, Permitting, Finance, Operational Areas, etc., in order to achieve the best quality of input data for the correct estimation of operational or capital projects.
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