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Brunel

Cost Engineer

Brunel, Houston, Texas, United States, 77246

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Overview

We are seeking a highly skilled and detail-oriented Cost Engineer to join our Core Central Function team. In this critical role, you will be responsible for developing, monitoring, controlling, and forecasting costs for our global capital projects. You will act as a central source of truth for project financial health, providing critical insights and analysis to project managers and senior leadership to enable informed, proactive decision-making and ensure projects are delivered within budget. Key Responsibilities

Develop, implement, and maintain project Work Breakdown Structures (WBS) and Cost Breakdown Structures (CBS) in alignment with the project scope and schedule. Establish and manage project cost baselines, ensuring accurate tracking against approved budgets and funding. Perform monthly cost forecasting, analysis, and reporting, identifying trends, variances, and potential exposures. Process, track, and analyze project commitments, expenditures, and cash flow, ensuring accurate cost accruals. Liaise with engineering, procurement, construction, and finance teams globally to validate costs and incorporate latest forecasts. Prepare and present detailed cost reports, dashboards, and performance metrics (CPI, TCPI, VAC) for weekly and monthly project reviews. Support the change management process by evaluating the cost impact of variations and trends, and maintaining the project change log. Review and validate contractor and vendor invoices for accuracy against contracts and purchase orders. Ensure compliance with the company's project controls procedures and financial governance standards across all assigned projects. Contribute to the continuous improvement of cost engineering standards and tools within the Central Functions team. Qualifications & Experience

Bachelor’s degree in Engineering, Construction Management, Finance, or a related field. A minimum of 5-7 years of experience as a Cost Engineer, Cost Controller, or in a similar project controls role, preferably within the oil & gas, energy, or major infrastructure sectors. Demonstrable experience managing costs for large-scale, multi-million dollar EPC/EPCM projects. Required: Expert-level proficiency in Microsoft Excel and experience with major cost management software (e.g., EcoSys, SAP, Oracle Primavera Unifier). Strong understanding of project management principles, accounting fundamentals, and earned value management (EVM). Experience with project scheduling and an understanding of the integration between cost and schedule. Excellent analytical, problem-solving, and numerical skills with a high degree of accuracy. Superior communication and interpersonal skills, with the ability to present complex cost data to all levels of management. Work Arrangement

Standard Work Week: 40 hours, Monday - Friday. Hybrid Schedule: Monday through Thursday in our Houston office, with the flexibility to work remotely on Fridays. Seniority level

Mid-Senior level Employment type

Contract Job function

Engineering, Project Management, and Finance Industries: Oil and Gas

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