Job DescriptionWe are looking for a dedicated Cost Project Controls Manager to join our talented team.
Location: Remote (West Coast U.S. Only)
**Candidates must reside in the Pacific or Mountain Time Zone. This position supports semiconductor construction and tool installation projects in Santa Clara, CA, and requires regular collaboration during Pacific Time business hours. Periodic travel to project site in the Santa Clara area will be required as needed. **
The Cost Project Controls Manager is responsible for the financial management, forecasting, reporting, and overall cost control of semiconductor construction and tool installation projects. This role provides leadership for project cost management while remaining actively involved in the day-to-day execution of project controls activities. The position will initially manage one direct report, with the potential to build and develop the team as the business grows.
Working closely with project management, accounting, procurement, and client stakeholders, this role ensures accurate cost reporting, forecasting, change management, and financial visibility across the project lifecycle.
- Lead all project cost control functions for a large semiconductor construction and tool installation project
- Develop, maintain, and manage project budgets, forecasts, commitments, expenditures, and estimates at completion (EAC).
- Produce accurate cost reports, financial analyses, cash flow forecasts, and project performance summaries for internal and client stakeholders.
- Track, analyze, and report project changes, potential cost impacts, trends, and risks.
- Monitor project commitments, purchase orders, invoices, accruals, and actual costs to ensure financial accuracy and accountability.
- Partner closely with Project Managers, Construction Managers, Procurement, and Finance teams to ensure alignment between project execution and financial performance.
- Review contractor and vendor cost information, progress billing, and supporting documentation for accuracy and compliance.
- Maintain and continuously improve cost management processes, tools, reporting systems, and financial controls.
- Support monthly cost reviews, forecasting cycles, and executive reporting requirements.
- Provide leadership, guidance, and development for project controls personnel, including direct supervision of project cost controls staff.
- Serve as the primary point of contact for cost-related discussions with the client and project leadership team.
- Analyze project performance metrics and identify opportunities to improve cost predictability, reporting accuracy, and overall project financial outcomes.
- Support audits, reconciliations, and project closeout activities.
- Develop and maintain historical cost data, benchmarks, and lessons learned to support future project execution and continuous improvement.
Qualifications & Requirements
- Minimum 10 years of progressive experience in project controls, cost engineering, or project cost management supporting capital construction projects.
- Direct experience supporting semiconductor facility construction, cleanroom projects, wafer fabrication facilities (fabs), tool installation programs, or advanced technology manufacturing projects.
- Bachelor's degree in Engineering, Construction Management, Finance, Accounting, Business, or a related technical field; equivalent combination of education and experience will be considered.
- Strong understanding of project cost management principles, including budgeting, forecasting, cost reporting, earned value management (EVM), change management, commitments management, accruals, invoicing, and variance analysis.
- Demonstrated experience developing and maintaining project budgets, cost forecasts, estimates at completion (EAC), cash flow forecasts, and monthly financial reporting packages.
- Experience monitoring and reporting project performance across multiple active construction and tool installation workstreams.
- Experience reviewing contractor and vendor invoices, pay applications, purchase orders, subcontract commitments, and change orders.
- Strong understanding of engineering, procurement, and construction processes and how they impact project cost performance.
- Advanced proficiency in Microsoft Excel and project cost management systems.
- Experience utilizing project cost management and reporting platforms such as Procore, EcoSys, Prism, Unifier, SAP, Oracle, or similar systems.
- Working knowledge of ERP and financial management systems.
- Proven ability to analyze large volumes of cost data and provide actionable insights to project and client leadership.
- Experience leading, mentoring, or supervising project controls personnel.
Context, Environment, & Safety
- A safety-minded individual who will follow company policies.
- Capable of working alone or as part of a team without a significant level of supervision.
- The employee is frequently required to stand, walk, and sit for long periods of time with extended computer use.
- Experience working in both a Home Office and Field environment.
- Travel to client sites as needed.
This position is a safety-sensitive position. The employee is designated for field work and attends activities at client sites where they work in construction, process, packaging, manufacturing, research, or other "non-administrative" areas.
All interviews are conducted either in person or virtually, with video required.
IPS will not sponsor employment visas for this position
The salary offered for this role is between $120,000 and $170,000, but the actual salary offered is dependent on experience, skill set, and education.
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