Cost Control, Project Controls

What to Expect

As a Cost Engineer, you will play a critical role in optimizing and controlling the total cost management program on mega Projects. You will be responsible for monitoring and managing the Total Cost Management program, including cost management strategies, analyzing financial and cost engineering data, change management, and working collaboratively with various departments to drive accurate, consistent reporting and analysis targeting cost reduction and efficiency initiatives.

Your expertise will contribute to the overall profitability and competitiveness of our Project and organization.

Project Controls Team has multiple locations possible:
Austin, TX;
Sparks, NV;
San Francisco, CA;
Brookshire, TX;
Robstown, TX.

• Execute and maintain a comprehensive cost management program including cost tracking, forecasting, and cost reduction plans; conduct cost analysis and cost trending to identify variations between budgeted and actual costs; analyze historical project data to develop cost trends and benchmarks for current and future projects.
• Support the Project Change Management program in a multi-interface fast‑tracked mega project, including internal and external change management (cost & schedule). Evaluate and quantify the impact of project changes, including scope changes, variations, and contract amendments; assess the cost implications of change orders and negotiate with contractors or suppliers when necessary.
• Provide regular forecasts of project costs to ensure alignment with financial goals; develop and maintain cost forecasts for ongoing projects; utilize cost data and trends to predict potential cost overruns or savings and provide recommendations for mitigation; collaborate with project managers to ensure cost controls and budgets are adhered to.
• Monitor actual costs against budgets and analyze variances, providing recommendations for corrective actions as needed. Track KPIs related to cost management and provide regular reports to senior management. Maintain a cost‑management reporting plan (weekly and monthly reporting/presentations) and communicate cost trends and potential issues to project teams and senior management.
• Ensure compliance with financial regulations and industry standards in cost reporting and management.
• Stay up-to-date with industry best practices and emerging cost‑management technologies to drive ongoing process improvement; implement cost‑control best practices and seek opportunities for process improvements.

• Bachelor's Degree in Business or equivalent experience.
• Experience (typically 5+ years) in cost management, budgeting, and forecast analysis, ideally in the complex industrial process industry.
• Strong knowledge of cost‑management processes and cost structures on a large‑scale EPC project.
• Proficiency in financial modeling and cost analysis tools.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments in ambiguous environments.
• Analytical mindset with attention to detail; agile in learning and utilizing new software.
• Use Power
  
  BI dashboards to report to executive management.

Along with competitive pay, as a full‑time Tesla employee, you are eligible for the following benefits at day 1 of hire:

• Medical plans – plan options with $0 payroll deduction.
• Family‑building, fertility, adoption, and surrogacy benefits.
• Dental (including orthodontic coverage) and vision plans, both with options for $0 paycheck contribution.
• Company‑paid Health Savings Account (HSA) contribution when enrolled in a high‑deductible medical plan with HSA.
• Healthcare and dependent‑care Flexible Spending Accounts (FSA).
• 401(k) with employer match, Employee Stock Purchase Plan, and other financial benefits.
• Company‑paid basic life insurance and AD&D.
• Short‑term and long‑term disability insurance (90‑day waiting period).
• Employee Assistance Program.
• Sick and vacation time (flex time for salary positions, accrued hours for hourly positions) and paid holidays.
• Back‑up childcare and parenting support resources.
• Voluntary benefits, including: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance.
• Weight‑loss and tobacco cessation programs.
• Tesla Babies program.
• Commuter benefits.
• Employee discounts and perks program.