Senior Cost Engineer- Natural Resources Construction
About The Position
Turner & Townsend is seeking a Senior Cost Engineer to support an Oil & Gas Pipeline client. This highly experienced, analytical, and strategic professional leads cost control activities, financial forecasting, budget management, and project performance reporting across a portfolio of capital projects. The role provides critical financial insights to project teams and leadership, ensuring cost-related reporting is accurate, complete, and timely while driving continuous improvement in cost management processes. The Senior Cost Engineer collaborates with project managers, finance teams, procurement, contractors, and key stakeholders to support decision-making, identify risks and opportunities, and maintain effective financial governance throughout the project lifecycle.
Requirements
- Bachelor's degree in Accounting, Finance, Business Administration, Engineering, Construction Management, or a related field.
- At least 6 years of post-graduate experience in cost engineering, project controls, financial analysis, cost management, or a related role.
- Experience managing project budgets, forecasts, cost reporting, and financial performance for complex, multi-million-dollar projects or portfolios.
- Advanced analytical, organizational, and project management skills, including the ability to interpret complex financial data and provide actionable recommendations.
- Strong understanding of project controls methodologies, including budgeting, forecasting, cost forecasting, change management, and variance analysis.
- Excellent communication and presentation skills, including the ability to communicate financial and project performance information to project teams, senior leadership, and executive stakeholders.
- Ability to work in a fast-paced, dynamic environment while managing multiple priorities and deadlines.
- Proven ability to lead cross-functional collaboration among project management, finance, procurement, and contractor teams.
- Advanced proficiency in Microsoft Excel.
- Experience with SAP and ECOSYS.
- Ability to mentor junior team members and contribute to continuous improvement initiatives within project controls and cost management functions.
Nice To Haves
- Experience in Oil & Gas, Pipeline, Energy, Industrial, or large capital projects environments.
- Experience with Power BI or other data visualization and business intelligence tools.
Responsibilities
- Lead project and portfolio cost control activities in alignment with approved budgets, forecasts, and company financial objectives.
- Develop, manage, and maintain detailed project cost forecasts, cash flow projections, and variance analyses.
- Monitor and analyze project financial performance, identifying trends, risks, opportunities, and corrective actions.
- Prepare and present monthly cost reports, forecasts, and executive-level financial summaries to project teams and senior leadership.
- Review and reconcile actual expenditures against forecasts and budgets, and explain variances.
- Lead preparation and analysis of project reporting metrics, including VOWD, earned value, cash flow analysis, commitment tracking, PO headroom, and vendor invoice management.
- Oversee invoice validation, cost allocation, and reconciliation activities within SAP.
- Support project change management by evaluating cost impacts and maintaining accurate forecasts of approved and pending changes.
- Collaborate with project managers, procurement teams, contractors, and finance partners to ensure cost accuracy and financial compliance.
- Drive process improvements, standardization initiatives, and best practices in cost engineering and project controls.
- Mentor and guide junior cost engineers and project controls personnel as required.
- Support internal and external audits and ensure compliance with SOX controls, corporate governance requirements, and established financial procedures.
- Assist with annual budgeting, long-range planning, and project funding requirements.
Benefits
- A healthy, productive, and flexible working environment that respects work-life balance.
- An inclusive workplace where each person has the opportunity and voice to affect change.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
