Overview

The Cost Engineer will support the construction project planning and execution by managing cost estimation, budgeting, and financial tracking. The ideal candidate will work closely with project managers, estimators, and financial teams to ensure projects are delivered withing budget and aligned with financial goals.

Responsibilities

*The following are intended as general illustrations of the work in this job class and are not all-inclusive for this position.

• Develop and maintain detailed cost estimates for construction projects during all phases (conceptual, design, and execution).
• Prepare and monitor project budgets, forecasts, and cost control reports.
• Analyze project performance and identify cost variances and trends.
• Collaborate with procurement and project teams to track expenditures and commitments.
• Evaluate contractor and vendor proposals for cost accuracy and compliance.
• Support change order management by assessing cost impacts and updating budgets accordingly.
• Provide cost data and analysis for project risk assessments and value engineering efforts.
• Maintain cost databases and historical records for benchmarking and future planning.
• Ensure compliance with company financial policies and industry standards.

Qualifications

• Bachelor’s degree in construction management, engineering, finance, or related field.
• 3 + years of experience in cost engineering, estimating, or project controls in the construction industry.
• Strong understanding of construction processes, materials, and labor cost.
• Proficiency in cost management software (e.g., Primavera, Sage, Procore, or similar)
• Advance Excel skills and familiarity with financial reporting tools.
• Excellent analytical, organization, and communication skills.
• Ability to work collaboratively in a fast pace, deadline- driven environment.
• Requires coordination with multiple departments and stakeholders.

Physical

• Must be able to push/pull, lift, or carry up to 50 lbs., but may occasionally push/pull, lift, or carry up to 100 lbs.
• Subject to repetitive use of hands/arms, and legs
• Hand/eye coordination
• Must be able to communicate (hear, comprehend, and speak) to safely perform work
• Will need to be able to perform sedentary to heavy work
• May operate hand and power tools (electric, gas, and pneumatic) of all types
• Climb and maintain balance on steel/wood framework, stairs, ladders and scaffolds
• Required to use hands to grasp, lift, handle, carry or feel objects on a frequent basis
• Position may require prolonged bending/twisting, walking, crawling, kneeling, reaching overhead, squatting, pushing /pulling, or standing and lifting
• Must be able to walk on uneven surfaces, muddy conditions, loose rock, loose/soft sand, etc.
• May be required to work in confined spaces
• Will be exposed to adverse weather conditions (Heat, Cold, Rain, Etc.)

Mental

• Must have the ability to communicate effectively with management/ supervision and field workers
• Reading and writing comprehension is necessary for giving and receiving directions to perform work and/or safety policy
• Ability to use math/complete calculations
• Work at various tempos, and concentrate amid distractions
• Decision making skills necessary
• Detail-oriented; must be able to remember, examine, and observe details
• Requires strong leadership and motivational skills