Cost Engineer - Natural Resources Construction

Turner & Townsend • $80K — $95K *
Houston, TX 77084In-Person
Real Estate & Construction
Less than 5 years of experience
Today
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Job Overview by Ladders

Qualifications

  • Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Cost Management, or related field.
  • 3-7 years of experience in cost engineering, cost control, or project controls specifically in construction.
  • Experience with large capital projects, particularly in offshore, energy, industrial, or infrastructure sectors is preferred.
  • Understanding of construction estimating, forecasting, earned value management, and change management processes.
  • Proficient in cost management and project controls software.
  • Strong analytical skills and effective communication for stakeholder management.
  • Ability to thrive in a fast-paced environment managing multiple priorities.

Responsibilities

  • Prepare and maintain detailed cost estimates, budgets, forecasts, and cash flow projections.
  • Monitor and assess construction costs and expenditures against budgets.
  • Support cost control activities, including tracking commitments and accruals.
  • Review contractor invoices and cost documentation for accuracy and completeness.
  • Analyze change requests and trends, providing cost impact assessments and recommendations.
  • Develop and maintain comprehensive cost reports, metrics, and dashboards.
  • Identify and quantify risks related to construction cost performance.
  • Perform cost benchmarking and validate contractor pricing for accuracy.
  • Collaborate across teams, ensuring cohesive cost management throughout the project lifecycle.
  • Assist in project closeout with final account reconciliation and capturing lessons learned.

Benefits

  • Opportunity to work on large-scale, impactful capital projects.
  • Collaborative work environment with cross-functional teams.
  • Professional growth and development opportunities in project controls.
  • Access to advanced cost management and project control systems.
  • Engagement in risk management and strategic cost analysis.
  • Flexibility in on-site presence according to project needs.
Full Job Description
Job Description

The Cost Engineer will support the planning, monitoring, and control of project costs throughout the construction lifecycle of large-scale capital projects. This role is responsible for developing estimates, tracking budgets and forecasts, managing change control, and providing cost reporting to support successful project delivery.

Responsibilities
  • Prepare and maintain project cost estimates, budgets, forecasts, and cash flow projections.
  • Monitor construction costs and project expenditures against approved budgets.
  • Support cost control activities, including commitment tracking, accruals, and cost forecasting.
  • Review contractor invoices, payment applications, and supporting cost documentation.
  • Evaluate change requests and trends, providing cost impact analysis and recommendations.
  • Develop and maintain cost reports, performance metrics, and project dashboards.
  • Support risk identification and quantification related to construction cost performance.
  • Perform cost benchmarking, quantity validation, and analysis of contractor pricing.
  • Collaborate with project controls, construction, engineering, procurement, and contractor teams to ensure accurate cost management.
  • Assist with project closeout activities, including final account reconciliation and lessons learned.
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable.


Qualifications

  • Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Cost Management, or a related discipline.
  • 3-7 years of experience in cost engineering, cost control, or project controls within the construction industry.
  • Experience supporting large capital construction projects; offshore, energy, industrial, or infrastructure experience preferred.
  • Knowledge of construction estimating, forecasting, earned value principles, and change management processes.
  • Proficiency with cost management and project controls systems.
  • Strong analytical, communication, and stakeholder management skills.
  • Ability to work in a fast-paced project environment and manage multiple priorities simultaneously.


Additional Information

*On-site presence and requirements may change depending on our client's needs.

About Turner & Townsend

Turner & Townsend Careers

Joining Turner & Townsend offers a unique opportunity to contribute to some of the most exciting projects worldwide. As a global leader in professional services, Turner & Townsend is at the forefront of transforming the industry through expertise, innovation, and leadership.

Explore Job Opportunities

Turner & Townsend is constantly seeking skilled professionals eager to drive innovation and lead industry standards. With a variety of job opportunities available, candidates can find positions that match their skills and career aspirations. Explore employment options that span across critical sectors such as construction, project management, and consultancy.

Experience Professional Growth

Turner & Townsend is committed to the professional growth and continuous development of its team members. The company supports career advancement through robust training programs, including leadership development and diversity training, ensuring every team member has the tools and knowledge to succeed.

Internship Programs

For those starting their career journey, Turner & Townsend offers internship programs that provide a rich learning environment. Interns gain hands-on experience, working alongside seasoned professionals and contributing to impactful projects. These internships are a gateway to full-time employment and a flourishing career within the company.

Cultivating a Diverse and Inclusive Culture

Turner & Townsend prides itself on fostering an inclusive culture where diversity is celebrated. The company believes that a diverse workforce enhances creativity and drives innovation. Employees from various backgrounds are encouraged to share their unique perspectives, promoting a collaborative and supportive workplace.

Benefits and Employee Wellbeing

Understanding the importance of a work-life balance, Turner & Townsend offers comprehensive benefits designed to support the wellbeing of its team. Benefits include health care, flexible working conditions, and competitive retirement plans, all aimed at enhancing the quality of life for employees.

Join the Team

Turner & Townsend is hiring! Search open positions that align with your professional skills and interests. The company is looking for passionate, curious, and solution-driven team players. Prepare your resume, sharpen your interview skills, and get ready to join a team where your contributions will be valued and your career will flourish.

Networking and Career Development

Turner & Townsend encourages continuous networking and professional development. By participating in industry conferences and company-hosted events, employees can build valuable relationships and stay current with industry trends.

Stay Connected

Keep up to date with the latest from Turner & Townsend: - **Read Careers Blog**: Gain insights from experts and stay informed about the latest company news and industry trends. - **Job Alert Emails**: Personalize your subscription to receive job alerts and insider tips tailored to your preferences. Discover exciting and rewarding opportunities that await at Turner & Townsend. Turner & Townsend is not just a place to work—it's a place where careers are made, innovation thrives, and opportunities abound. Join the team and be part of shaping the future of the industry.
Learn more about Turner & Townsend
Industry
Real Estate & Construction
* Ladders Estimates

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