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Senior Cost Engineer

Job Description - Senior Cost Engineer

The Senior Cost Engineer is responsible for overseeing cost estimation, control, and forecasting functions on complex and high-value projects. This senior-level role plays a key part in ensuring financial integrity, risk management, and alignment with budgetary and contractual requirements throughout the project lifecycle.

Key Responsibilities

  • Develop and manage detailed cost estimates, budgets, and forecasts across all project phases.
  • Monitor project expenditures and performance against approved budgets, identifying variances and recommending corrective actions.
  • Lead cost reporting efforts, including earned value analysis, cash flow projections, and cost performance indices.
  • Collaborate with project managers, planners, and procurement teams to ensure cost alignment with project schedules and scopes.
  • Evaluate and process change requests, cost impacts, and trend analyses.
  • Maintain and update cost control systems and ensure accuracy and consistency in cost data.
  • Participate in risk analysis, contingency planning, and cost scenario development.
  • Support contract and procurement teams in pricing evaluations and negotiation support.
  • Mentor junior cost engineers and contribute to the development of cost control standards and best practices.
  • Ensure compliance with client, company, and regulatory cost management procedures.

Certified Cost Professional (CCP) with AACE International

Related Experience

7+ years practical experience in the construction

And

5 years Nuclear Power Plant or similar

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