Cost Engineer
Cost Engineer
Posted on :
12-05-2025
Employer Active
1 Vacancy
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
Details:
Position:Cost Engineer
Location: Brentwood TN (ONSITE & LOCAL candidates only)
Schedule: MondayFriday 8 AM to 5 PM (40hour work week)
Employment Type: ContracttoHire
Schedule: MondayFriday 8 AM to 5 PM (40hour work week)
Employment Type: ContracttoHire
Role Summary
PTS is seeking a selfmotivated and detailoriented Cost Engineer to join our Project Controls team. This role is responsible for timely and accurate project cost forecasting and reporting across a dynamic portfolio of capital projects primarily in midstream and semiconstruction environments. You will take full ownership of cost control processes working in close coordination with small focused teams including planning scheduling and construction stakeholders.
This is an excellent opportunity for someone who thrives in a fastpaced collaborative environment and has strong communication and organizational skills.
Key Responsibilities
- Maintain rigorous cost control over all projectrelated activities in strict alignment with approved budgets.
- Partner closely with planning and scheduling SMEs to balance cost and schedule in both project and portfolio management.
- Develop budget forecasts track costs monitor trends and prepare estimates to complete (ETCs) and cost reporting.
- Collaborate with the Project Controls team to deliver weekly biweekly and monthly project status updates.
- Prepare and issue Authorization for Expenditure (AFE) requests approximately 34 weeks in advance of funding needs.
- Ensure AFE spend plans accurately support funding justifications.
- Track validate and process service/labor costs in SAP; coordinate with Cost Analysts on a biweekly or monthly basis.
- Generate detailed and summarylevel financial reports for individual project components and consolidated portfolios.
- Provide expertlevel cost engineering support to the Director and Manager of Project Controls.
- Analyze cost data to identify variances and escalate with proposed corrective actions.
- Lead or support project meetings with a focus on cost forecasts contract allowances risk tracking contingency and scheduled values.
- Support development and ongoing refinement of project Work Breakdown Structures (WBS).
- Communicate with vendors to resolve financial issues related to cost and invoicing.
- Respond to information requests from project and construction management teams.
- Conduct periodic site visits to validate reported cost data.
Required Qualifications
- Bachelors Degree (Engineering Finance Business Project Management or Construction Management preferred).
- Minimum of 5 years experience in project controls including cost engineering estimating or planning/scheduling.
- Strong working knowledge of SAP ERP systems and midstream/downstream industry practices.
- Intermediate to advanced proficiency in MS Excel and other Microsoft Office programs.
- Excellent verbal and written communication skills.
- Ability to work independently while contributing to small team environments.
- Demonstrated initiative and a sense of ownership over work deliverables.
Preferred Qualifications
- 10 years of experience in two or more areas of project controls: cost engineering estimating planning scheduling.
- Proven success supporting large capital projects ($50M) during development and execution phases.
- Familiarity with engineering deliverables quantity takeoffs and financial reporting.
- Understanding of accounting principles and commercial terms.
- Experience with portfoliolevel cost control in refining or petrochemical industries.
- Willingness and ability to travel for site visits as needed.
#IND1
Employment Type
Contract
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
