Cost Engineer

Colovore

11d

About The Position

The Cost Engineer plays a critical role in ensuring financial discipline across Colovore’s data center development projects. This individual will be responsible for cost planning, tracking, forecasting, and reporting across the full project lifecycle—from early-stage budgeting through construction and project closeout. You will partner closely with Construction, Finance, Procurement, and Development teams to provide accurate cost insights, identify risks and opportunities, and support data-driven decision-making in a fast-paced, high-growth environment.

Requirements

• Strong financial modeling and cost analysis capabilities
• Deep understanding of construction cost structures and project lifecycles
• High attention to detail with strong organizational skills
• Ability to synthesize complex data into clear, actionable insights
• Strong stakeholder communication and cross-functional collaboration
• Proficiency in Excel (advanced), and familiarity with cost management or ERP tools
• 3–7+ years of experience in cost engineering, project controls, construction finance, or similar roles
• Experience supporting large-scale construction or infrastructure projects (data centers, industrial, or commercial preferred)
• Familiarity with budgeting, forecasting, and change order management processes
• Bachelor’s degree in Engineering, Construction Management, Finance, or a related field

Nice To Haves

• Experience working in fast-paced, high-growth environments is a plus

Responsibilities

• Develop and maintain detailed project budgets, including conceptual, design, and construction-phase estimates
• Support feasibility analysis with cost inputs for new site development and expansion opportunities
• Benchmark costs across projects and markets to improve forecasting accuracy
• Track project forecast to actual against budget and provide regular variance analysis
• Maintain cost reports, dashboards, and forecasting tools for active projects
• Monitor commitments, expenditures, and accruals to ensure financial accuracy
• Review and evaluate change orders for accuracy, completeness, and alignment with scope
• Partner with Construction and Procurement teams to validate pricing and negotiate cost impacts where needed
• Track and report on change order trends and risks
• Develop and maintain project cost forecasts, identifying risks and opportunities early
• Perform scenario and sensitivity analyses (schedule delays, material cost changes, design shifts)
• Highlight potential budget overruns and recommend mitigation strategies
• Partner with Construction, Finance, Procurement, and Design teams to ensure alignment on cost assumptions and reporting
• Support monthly and quarterly financial reporting processes
• Contribute to continuous improvement of cost management tools, templates, and processes

Benefits

• Competitive compensation with opportunities for growth and advancement
• Comprehensive health benefits (medical, dental, and vision)
• Unlimited Paid Time Off (PTO) to support flexibility, rest, and work-life balance
• 10 paid company holidays and paid sick leave
• 401(k) plan with company participation
• Professional development opportunities and learning support
• Collaborative, inclusive culture where your work makes a real impact

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 1-10 employees