Cost Control Engineer II
Listed on 2026-10-11
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Accounting
Cost Accountant, Financial Analyst, Financial Reporting
We are seeking a Cost Controls Engineer II to support a $1.3B brownfield project currently in the construction phase. This role will be responsible for providing project cost control support from the owner's perspective, ensuring accurate cost tracking, forecasting, reporting, and project performance analysis throughout project execution.
The ideal candidate will have strong experience in cost controls within large industrial capital projects, be highly proficient in SAP
, and have a proven ability to develop and communicate monthly cost reports to project leadership and stakeholders.
This is a business-facing role requiring strong communication skills and the ability to work closely with project management, construction, contractors, finance, and other cross-functional teams.
Key Responsibilities- Monitor and control project costs throughout the execution phase of a major capital project.
- Maintain project cost forecasts, commitments, accruals, and actual expenditures.
- Prepare and deliver monthly cost reports, including CSSR and other project performance reporting requirements.
- Analyze cost trends, identify variances, and provide recommendations to improve project cost performance.
- Support project managers and leadership with cost forecasting and budget management activities.
- Review contractor cost reports, invoices, and progress updates to ensure alignment with project objectives.
- Coordinate with construction, procurement, project controls, finance, and contractor teams to maintain accurate project financial data.
- Track commitments and expenditures within SAP and ensure data integrity across reporting systems.
- Assist with management presentations, cost performance reviews, and project status updates.
- Support risk identification and evaluate potential cost impacts to project execution.
- Bachelor's degree in Engineering, Business, Finance, Construction Management, or related field.
- Experience supporting cost controls for large industrial, petrochemical, refinery, chemical, energy, or capital projects.
- Strong SAP experience, including cost management, reporting, and project financial tracking.
- Experience preparing and presenting monthly cost reports and project performance metrics.
- Understanding of project forecasting, budgeting, commitments, accruals, and earned value concepts.
- Strong analytical, organizational, and communication skills.
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