Lead Cost Engineer
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Job Location:
Cleveland, TN - USA
Monthly Salary:
Not Disclosed
Posted on:
Yesterday
Vacancies:
1 Vacancy
Job Summary
The Lead Cost Engineer role is a senior position within the Project Services organization supporting a major capital power project. The roleis responsible forestablishing managing and reporting the projects cost position across all phases of execution.
This individual will leadcostengineering activities including cost control forecasting earned value management andsupportchange management. The Lead Cost Engineer will work closely with Project Management Scheduling Procurement and Construction teams to ensure full integration of cost with project execution.
Therole requires an experiencedprofessional capable of operating within a complex EPC/EPCmenvironment managing multiple stakeholders and providing clearaccurate andtimelycost visibility to both internal and client leadership teams.
This position will be based out of the Nexus Cleveland Office with up to 25% travel to Akron OH.
Accountabilities
Manage the total installed cost (TIC) position for the project ensuring accuracy and transparency
Ensure project cost performance aligns with client expectations and Nexus standards for cost management and reporting
Lead the development and maintenance of the Cost Breakdown Structure (CBS) aligned with the WBS
Establish and manage project cost baselines budgets and forecasting processes
Provide clear andtimelyreporting of cost performance including variances risks and opportunities
Lead earned value management implementation andensurealignment between cost and schedule performance
Ensure procurement commitments subcontract costs and vendor forecasts are accurately reflected in cost reports
Support governance processes including stage gate reviews assurance reviews and executive reporting
Drive integration between cost schedule procurementengineeringand construction teams
Key Responsibilities
Develop andmaintaincost control systems procedures and reporting frameworks for the project
Lead cost reporting cycles (weekly including actuals commitments and forecast to complete)
Perform variance analysis and provide clear explanations of cost deviations and performance trends
Implement and manage earned value metrics including CPI SPI andestimateat completion (EAC)
Maintain and manage the project trend log
Support the preparation and evaluation of change orders and claims
Track and report procurement commitments and subcontractor cost exposure
Develop andmaintainproject cash flow forecasts
Ensure alignment between cost reporting and project schedule progress
Interface with client representatives to present cost performance and key insights
Support system setup and integration with ERP and project controls tools
Experience
1015 years of cost engineering or project controls experience
Proven experience on large capital projects ($500MM$2B) within EPC orEPCmenvironments
Strong experience implementing and managing earned value management systems
Experience working across engineering procurement and construction phases of projects
Demonstrated experience managing cost on complex multi-contractor projects
Experience supporting change management claims and commercial discussions
Strong understanding of project controls systems cost management tools and ERP integrations
Excellent communication skills with experience presenting to senior leadership and clients
Education
Bachelors degree in Engineering Construction Management Finance or a related field (required)
Professional certifications such as CCP (Certified Cost Professional) (preferred)
Skills
Strong cost control forecasting and financial analysis capabilities
Deep understanding of earned value management principles
Ability to integrate cost with schedule procurement and construction data
Strong analytical and problem-solving skills
Excellent communication and stakeholder management skills
Ability to work in fast-paced high-pressure project environments
High levelofproficiencyin cost management systems and tools
Personal Attributes
Results-oriented with a strong focus on accuracy and accountability
Proactive and able toidentifyissues early and drive resolution
Strong leadership presence and ability to influence project teams
Detail-oriented with a structured and disciplined approach
Collaborative and able to work across multiple functions
Commitment to safety integrity and ethical conduct
Key Relationships
Reports to: ProjectControlsManager/ Project Director
Direct reports: Cost Engineers / Project Controls Analysts (as assigned)
Interfaces with:
Project Directors and Project Managers
Project Services (Scheduling Estimating Controls Change)
Engineering Management Team
Procurement Team
Construction Management Team
Client Representatives
Required Experience:
IC
Key Skills
About Company
We're a full-service, independent engineering firm that builds long-term value for clients from concept to start-up. We think differently.
