Fluor Corporation

Cost Specialist, Project Controls Specialist I

Fluor Corporation$74K — $138K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 4-year degree in applicable field or equivalent experience (8 years if non-degreed)
  • Experience as a Cost Specialist on medium to large projects
  • Technical skills in Cost & Schedule Management, Earned Value, and Change Management
  • Strong analytical and problem-solving skills
  • Effective written and verbal communication skills

Responsibilities

  • Develop the project cost control and reporting methodology
  • Ensure compliance with procedures and reporting requirements
  • Understand project scope and estimates
  • Analyze cost performance variances and communicate findings
  • Recommend recovery plans for cost/schedule impacts
  • Prepare necessary project reports
  • Implement cost control functions including expenditure authorizations

Benefits

  • Comprehensive medical, dental, and vision plans
  • Employee Assistance Program (EAP)
  • Disability and life insurance coverage
  • 401(k) plan with company match
  • Paid time off, including parental leave and personal days
  • Access to training and development courses
Full Job Description
Job Description

The Cost Specialist will report to the lead cost engineer and will be responsible for developing and maintaining the cost management baseline and systems for the assigned area/discipline. The individual will be responsible for budget establishment and maintenance in cost, submission of deliverables as required for monthly reporting requirements, cash flows, change management, cost forecasts.

Responsibilities
  • Liaise with appropriate internal / external stakeholders to develop and establish an approved project cost control and reporting methodology in compliance with established project policies and procedures;
  • Provide oversight to ensure compliance with established procedures and cost reporting requirements
  • Responsible for understanding the complete scope of work and the project estimate
  • Analyze variances in cost performance against the plan, and communicates the reasons for the issuance of variance and proposed mitigation plans to Project Management and other relevant stakeholders
  • Liaise with project stakeholders to clarify any cost-related issues
  • Recommend solutions or recovery plans to schedule/cost impact or delays
  • Prepare reports for the project as required
  • Implement cost control functions including controlling authorizations of expenditure and cash flow projections
  • Coordinate check-estimates, as required, with the Project Estimator
  • Other related duties as assigned


Basic Job Requirements

  • Accredited four (4) year degree or global equivalent in applicable field of study and four (4) years of work-related experience or a combination of education and directly related experience equal to eight (8) years if non-degreed; some locations may have additional or different qualifications in order to comply with local requirements
  • Ability to communicate effectively with audiences that include but are not limited to management, coworkers, clients, vendors, contractors, and visitors
  • Job related technical knowledge necessary to complete the job
  • Ability to learn and apply knowledge of applicable local, state/province, and federal/national statutes and guidelines
  • Ability to attend to detail and work in a time-conscious and time-effective manner


Other Job Requirements

  • Prior experience as a Cost specialist for a medium to large sized project
  • Technical skills in Cost & Schedule Management, Earned Value & Change Management
  • Effective and objective decision-making capabilities by gathering information
  • Solid analytical and problem-solving skills
  • Accuracy and attention to detail are important
  • Ability to meet deadlines and manage priorities is important
  • Effective written and verbal communication skills
  • Ability to communicate ideas and concepts.
  • Commitment to customer service and ability to work in a team-oriented environment
  • Ability to maintain confidential information is critical


Preferred Qualifications

  • Degree in engineering or a recognized business program


Benefits Statement: Fluor is proud to offer a comprehensive benefits package designed to promote employee health, wellness, and financial security. Our offerings include medical, dental and vision plans, EAP, disability coverage, life insurance, AD&D, voluntary benefit plans, 401(k) with a company match, paid time off (personal, bereavement, sick, holidays) for salaried employees, paid sick leave per state requirement for craft employees, parental leave, and training and development courses.

Market Rate Statement: The market rate for the role is typically at the mid-point of the salary range; however, variations in final salary are determined by additional factors such as the candidate's qualifications, relevant years of experience, geographic location, internal pay equity, and prevailing market conditions for the specific role.

Salary Range: $74,000.00 - $138,000.00

About Fluor Corporation

Fluor is a FORTUNE 500 company that delivers engineering, procurement, construction, maintenance (EPCM), and project management to governments and clients in diverse industries. For nearly a century, clients have selected Fluor as their company of choice to complete challenging projects in remote parts of the world.

Fluor Corporation Careers

Join the Flourishing Future at Fluor Corporation There has never been a more exciting time to explore job opportunities at Fluor Corporation, a global engineering and construction leader. With a diverse range of projects and clients, Fluor is the perfect place to build a career that is both dynamic and rewarding. Work You’ll Do At Fluor Corporation, you will join a team that is dedicated to excellence and innovation in every aspect of our business. From groundbreaking engineering projects to advanced construction initiatives, your work at Fluor will help shape the world around us. Transform industries and communities with the brightest minds at Fluor. Our commitment to diversity, leadership, and professional growth makes us a top choice for those looking to make a significant impact. Lead with Unique Expertise Fluor Corporation stands at the forefront of the engineering and construction industry, combining technical expertise, global reach, and a commitment to sustainability. Work alongside some of the most skilled professionals in the industry and leverage your skills to drive real change. Collaborate with a World-Class Team Join over 53,000 dedicated professionals who are not just colleagues but also collaborative partners and innovators. Fluor’s culture is all about teamwork, growth, and the opportunity to lead in every role. Fluor Corporation Professional Development We are committed to nurturing the careers of our team members through unmatched training, development programs, and leadership opportunities. Whether you are looking for an internship, full-time position, or leadership role, Fluor offers a path to professional excellence and career satisfaction. Innovative Work Engage in work that matters with Fluor’s diverse portfolio of projects. From energy solutions to infrastructure development, the opportunities to contribute to meaningful and innovative projects are endless. Be Part of a Great Team At Fluor, we pride ourselves on a culture that fosters innovation, diversity, and collaboration. Work on challenging projects that require a wide range of skills and benefit from a culture that supports your career and personal growth. Future-Proof Your Career Advance your career with Fluor Corporation, where your ambition can take you to new heights. With a variety of job opportunities and continuous development support, your future at Fluor is as promising as the projects we undertake. Explore Fluor Corporation Discover how Fluor Corporation leads global projects with innovation and expertise. Read more about our successful projects and how we tackle industry challenges head-on. The Fluor Difference Our integrated solutions and global scale enable clients to achieve performance that drives success in a competitive and changing world. Clients worldwide turn to Fluor for our expertise in handling complex projects and our commitment to sustainability and innovation. Stay Connected Join Our Team Search open positions that match your skills and interests at Fluor Corporation. We are always on the lookout for passionate, curious, and solution-driven team players. SEARCH FLUOR JOBS Keep Up to Date Stay informed with career tips, insider perspectives, and industry-leading insights you can use today—all from the people who work at Fluor. READ CAREERS BLOG Job Alert Emails Customize your subscription to receive job alerts, the latest news, and insider tips tailored to your preferences. Explore the exciting and rewarding opportunities that await you at Fluor Corporation.
Learn more about Fluor Corporation
Size
40,582 employees
Market Cap
$4.9 billion
Industry
Net Income
-$435 million
Founded
1912
5 Year Trend
-8.2%
Revenue
$15.6 billion
NASDAQ

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