Sr. Cost Engineer
Houston, Harris County, Texas, 77246, USA
Listed on 2026-03-04
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Engineering
Financial Manager, Civil Engineering
Job Summary:
Senior Cost engineer will provide cost analysis, change management and budget control expertise on large scale Engineering Procurement and Construction Project. Supports project organizational and administrative activities when delegated.
This position is designated as part-time telework per our global telework policy and will require at least three days of in-person attendance per week at the assigned office or project. Weekly in-person schedules will be determined by the individual and their supervisor, in consultation with functional or project leadership. #LI-CS1
Major Responsibilities:- Senior Cost Engineer supports implementation of Bechtel standard processes and procedures on projects in setting up and maintaining project budgets, change management, cost monitoring, cost variance analysis, engineering progress and performance (EPPR), quantity and craft labor reporting (QURR), monthly and biweekly cost reporting (CoCo).
- Plans, coordinates, and directs preparation of specific budgets. Assists in developing requirements for budgeting standards.
- Support set‑up of project original budget using estimating line details utilizing Bechtel COA, tracking and maintaining project budgets through project life cycle. Supervises/Performs cost recording, monitoring, and reporting for compliance with applicable Bechtel standards as required by Bechtel management and per project procedures and contractual requirements.
- Investigates requirements for estimating and/or cost control data for a specific discipline or other specialty applications.
- Prepares or supervises the preparation of cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons.
- Develops innovative new techniques to meet specific needs, as required.
- Develops input to the quarterly Project Financial Status Reporting (PFSR) which includes project cost flow, cash flow, and hours forecast. Demonstrated skill in identifying, analyzing, and providing innovative solutions using cost engineering principals and identifying trends for management attention.
- Supervises/Prepares cost trend estimates in support of project change management program. Implements measurement systems for given processes, analyzes performance metric results, and identifies improvements.
- Assists in developing unit job hour and pricing data for a specific discipline or other specialty. Performs data analysis, identifies problems, and makes recommendations.
- Requires bachelor's degree (or international equivalent) and 10-13 years of relevant experience or 14-17 years of relevant work experience.
Skills:
- Experience in performing, monitoring, and reviewing cost engineering functions, which include cost estimating, cost control, and cost analysis, in the field and the home office.
- Proficiency with PC operating systems, with proficiency in several basic software applications. Proficiency with multiple discipline specific software applications (Ecosys, Primavera and Microsoft Office Applications, Power Bi for example).
- Experience on Earned Value Management and Value of Work Done principals preferred but not required. Excellent oral and written communication and experience in presenting complex cost analysis to senior management and clients. Knowledge of financial reporting systems and controller account codes, and an understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
- Knowledge of engineering, procurement, contracts, construction, and construction management customarily acquired over time through specialized instruction or practical experience.
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Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin,…
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