Cost Engineer

Title: Cost Engineer

Location: Houston, TX, US, 77056

Department: Manufacturing & Technology

Hybrid

Job Description:

Requisition ID: 299247

•  Relocation Authorized: National - Family
• Telework Type: Part-Time Telework 
• Work Location: Houston, TX

Extraordinary teams building inspiring projects:

Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.

Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets. Our services span from initial planning and investment, through start-up and operations.

Core to Bechtel is our Vision, Values and Commitments. They are what we believe, what customers can expect, and how we deliver. Learn more about our extraordinary teams building inspiring projects in our Impact Report.

Project Overview:

Bechtel’s Manufacturing & Technology (M&T) Business Unit is designing and building an Active Pharmaceutical Ingredient (API) Manufacturing Facility located at Generation Park in Houston, TX. M&T is an exciting and growing business unit that serves customers in the semiconductor, datacenter, life sciences, and electric vehicle markets. M&T strives to exceed our customer objectives through utilizing our agility, innovative technologies, and world class talent. M&T solves the industry's toughest challenges, building both our company and the world for the future. Headquartered in Reston, Virginia, the M&T global business unit also includes colleagues working in Arizona, Ohio, Texas, India, and additional project locations around the world.

Job Summary:

In this role, you will be responsible for the cost engineering and cost analysis/control activities for projects with significant non-routine requirements which require a high degree of technical skill. You will prepare cost reconciliations, review cost trends, and develop and implement project requirements for cost control. Your detailed analysis will provide innovative solutions to cost engineering challenges. #LI-SM2

Major Responsibilities:

• Establishes, maintains, and monitors project budgets, change management, cost monitoring, cost variance analysis, quantity and craft labor reporting (QURR), and other periodic cost reports.
• Verifies consistency with previous reports to ensure compatibility and accuracy.
• Prepares and ensures the accuracy of project cash flow and revenue earnings.
• Assists with PwC semiannual project audits.Ensures accuracy in the cost coding of budgets and actual costs.
• Performs budget allocations in accordance with prescribed standards and procedures.Identifies trends and supports the change control program.
• Prepares cost studies using historical data, statistical analysis, and cost and quantity comparisons.

Education and Experience Requirements:

• Requires bachelor's degree (or international equivalent) and 8-10  years of relevant experience or 12-14 years of relevant work experience

Required Knowledge and Skills:

• Extensive experience implementing change management processes and tools, performing cost trend estimates in support of project cost trend programs, and interfacing with schedule and cost systems.

• Strong interpersonal and written/verbal communication skills, with the ability to understand and interpret technical and non-technical scope impacts for trend and baseline change documentation.

• Demonstrated experience executing, monitoring, and evaluating cost engineering activities, including cost estimating, cost control, and cost analysis.

• Thorough knowledge of financial reporting systems and controller account codes, along with a solid understanding of Controller instructions that affect Project Controls.

• Ability to independently provide guidance, training, and coaching to junior Cost Engineers with diverse backgrounds and experience levels.

• Experience preparing cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons. Ability to develop innovative techniques to meet specific project needs.

• Demonstrated flexibility and responsiveness to urgent project requests and changing priorities.

Total Rewards/Benefits:

For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive.  Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. 

Diverse teams build the extraordinary:

As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.

We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably. Click here to learn more about the people who power our legacy.

Bechtel is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity and expression, age, national origin, disability, citizenship status (except as authorized by law), protected veteran status, genetic information, and any other characteristic protected by federal,