Bechtel

Cost Engineer

Bechtel$110K — $130K *
Real Estate & Construction
8 - 10 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or international equivalent with 8-10 years of experience or 12-14 years of relevant work experience required.
  • Extensive experience in change management processes and cost trend estimation.
  • Strong communication skills for interpreting technical and non-technical information.
  • Proven background in cost engineering activities, including estimating and control.
  • Knowledge of financial reporting systems and controller account codes.
  • Experience with cost studies involving historical data and statistical analysis.
  • Ability to train and coach junior Cost Engineers effectively.

Responsibilities

  • Establish and monitor project budgets and cost reporting.
  • Verify the accuracy and compatibility of financial reports.
  • Prepare cash flow and revenue earnings reports accurately.
  • Assist with project audits to ensure cost coding accuracy.
  • Perform budget allocations according to standards and identify trends.
  • Conduct cost studies utilizing historical data and statistical methods.

Benefits

  • Comprehensive benefits package for personal and professional growth.
  • Programs to enhance company culture and employee well-being.
  • Opportunities for career advancement and skills development.
  • Time off policies to help recharge and maintain work-life balance.
Full Job Description
Requisition ID: 299161
  • Relocation Authorized: National - Family
  • Telework Type: Full-Time Office/Project
  • Work Location: Houston, TX


Project Overview:

Bechtel's Manufacturing & Technology (M&T) Business Unit is designing and building an Active Pharmaceutical Ingredient (API) Manufacturing Facility located at Generation Park in Houston, TX. M&T is an exciting and growing business unit that serves customers in the semiconductor, datacenter, life sciences, and electric vehicle markets. M&T strives to exceed our customer objectives through utilizing our agility, innovative technologies, and world class talent. M&T solves the industry's toughest challenges, building both our company and the world for the future. Headquartered in Reston, Virginia, the M&T global business unit also includes colleagues working in Arizona, Ohio, Texas, India, and additional project locations around the world.

Job Summary:

In this role, you will be responsible for the cost engineering and cost analysis/control activities for projects with significant non-routine requirements which require a high degree of technical skill. You will prepare cost reconciliations, review cost trends, and develop and implement project requirements for cost control. Your detailed analysis will provide innovative solutions to cost engineering challenges. #LI-SM2

Major Responsibilities:

  • Establishes, maintains, and monitors project budgets, change management, cost monitoring, cost variance analysis, quantity and craft labor reporting (QURR), and other periodic cost reports.
  • Verifies consistency with previous reports to ensure compatibility and accuracy.
  • Prepares and ensures the accuracy of project cash flow and revenue earnings.
  • Assists with PwC semiannual project audits.Ensures accuracy in the cost coding of budgets and actual costs.
  • Performs budget allocations in accordance with prescribed standards and procedures.Identifies trends and supports the change control program.
  • Prepares cost studies using historical data, statistical analysis, and cost and quantity comparisons.


Education and Experience Requirements:

  • Requires bachelor's degree (or international equivalent) and 8-10 years of relevant experience or 12-14 years of relevant work experience


Required Knowledge and Skills:

  • Extensive experience implementing change management processes and tools, performing cost trend estimates in support of project cost trend programs, and interfacing with schedule and cost systems.
  • Strong interpersonal and written/verbal communication skills, with the ability to understand and interpret technical and non-technical scope impacts for trend and baseline change documentation.
  • Demonstrated experience executing, monitoring, and evaluating cost engineering activities, including cost estimating, cost control, and cost analysis.
  • Thorough knowledge of financial reporting systems and controller account codes, along with a solid understanding of Controller instructions that affect Project Controls.
  • Ability to independently provide guidance, training, and coaching to junior Cost Engineers with diverse backgrounds and experience levels.
  • Experience preparing cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons. Ability to develop innovative techniques to meet specific project needs.
  • Demonstrated flexibility and responsiveness to urgent project requests and changing priorities.


Total Rewards/Benefits:

For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards

About Bechtel

Bechtel Corporation is an American engineering, procurement, construction, and project management company founded in San Francisco, California, and headquartered in Reston, Virginia. It is the largest construction company in the United States and the 11th-largest privately owned American company in 2018. Its headquarters are in the Reston area of unincorporated Fairfax County, Virginia. Bechtel is a global engineering, construction, and project management company, and they are currently working on projects in over 40 countries. The company is organized into five global business units that specialize in civil infrastructure; power generation, communications, and transmission; mining and metals; oil, gas, and chemicals; and government services.
Learn more about Bechtel
Size
55,000 employees
Industry
Founded
1898

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