Project Cost Lead

Project Controls – Cost Lead

Location:

Fort Worth, TX

Position Overview:

The Project Controls – Cost Lead is responsible for establishing and managing cost control processes across a portfolio of capital projects within a growing manufacturing environment. This role offers the opportunity to support the development and implementation of cost management systems for new facility builds and large-scale capital investments. The ideal candidate is a hands-on professional with experience in CAPEX cost management, financial forecasting, and project performance tracking, with the ability to collaborate cross-functionally across project management and finance teams.

Key Responsibilities:

• Manage all aspects of financial planning and cost control for capital projects, including forecasting, tracking, and weekly reporting
• Partner with project managers to establish annual plans and maintain ongoing forecast updates
• Develop project tracking tools and reporting templates to support alignment between project and finance teams
• Prepare and maintain cash flow projections, disbursement schedules, and accruals
• Support the preparation of capital appropriation requests and monitor purchasing activity to ensure proper financial treatment of capital assets
• Ensure compliance with company policies related to property, plant, and equipment (PP&E) accounting
• Oversee implementation and administration of cost management systems (e.g., Prism, Eco Sys, or similar), ensuring data integrity and alignment with ERP systems (e.g., SAP)
• Coordinate with accounting on project setup, master data management, and asset capitalization timelines
• Monitor equipment installation and commissioning progress to support fixed asset recognition
• Participate in project closeout reviews to identify lessons learned and improvement opportunities
• Develop and enhance cost control processes, procedures, and reporting dashboards
• Travel occasionally to project sites and subcontractor locations
• Perform other related duties as assigned

Basic Qualifications:

• Bachelor's degree in Engineering, Finance, or a related field
• 3–5 years of progressive experience in cost management
• 3–5 years of experience supporting industrial or capital projects
• Experience managing cost controls for medium to large CAPEX programs
• Experience working with ERP or financial systems

Preferred Skills & Attributes:

• Strong leadership, communication, and stakeholder management skills
• Ability to collaborate with and influence cross-functional teams
• Adaptability in a fast-paced and evolving environment
• Proactive approach to forecasting and cost management
• Advanced Excel skills and proficiency in Microsoft Office and project management tools
• Demonstrated ability to deliver projects on schedule and within budget