Senior Cost Engineer - Oil & Gas Pipeline

Turner & Townsend • Whiting, IN

1d • Onsite

About The Position

Turner & Townsend is seeking a Senior Cost Engineer to support our Oil & Gas Pipeline client. This role requires a highly experienced, analytical, and strategic professional responsible for leading cost control activities, financial forecasting, budget management, and project performance reporting across a portfolio of capital projects. The Senior Cost Engineer will provide critical financial insights to project teams and leadership, ensuring the accuracy, completeness, and timeliness of all cost-related reporting while driving continuous improvement in cost management processes. This individual will collaborate closely with project managers, finance teams, procurement, contractors, and key stakeholders to support decision-making, identify risks and opportunities, and ensure effective financial governance throughout the project lifecycle.

Requirements

• Bachelor's degree in Accounting, Finance, Business Administration, Engineering, Construction Management, or a related field.
• A minimum of 6 years of post-graduate experience in cost engineering, project controls, financial analysis, cost management, or a related role, preferably within Oil & Gas, Pipeline, Energy, Industrial, or large capital projects environments.
• Demonstrated 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 with 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 with the ability to effectively communicate financial and project performance information to project teams, senior leadership, and executive stakeholders.
• Experience working 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 is required.

Nice To Haves

• Experience with Power BI or other data visualization and business intelligence tools is highly preferred.
• Ability to mentor junior team members and contribute to continuous improvement initiatives within project controls and cost management functions.

Responsibilities

• Lead project and portfolio cost control activities, ensuring 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, providing detailed explanations for variances.
• Lead the 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 processes by evaluating cost impacts and maintaining accurate forecasting 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 related to cost engineering and project controls.
• Mentor and provide guidance to 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 great place to work, where each person has the opportunity and voice to affect change.
• Support for work-life balance.
• Healthy, productive and flexible working environment.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior