Cost Engineer

Under the general direction of the Program Cost Controls Manager, the Project Controls Engineer - Cost is responsible for developing, maintaining, and reviewing cost management data, including budget and cost forecast, and providing accurate and timely reporting of cost data.

• Ability to establish and enforce cost control frameworks, policies, and procedures across a multi-billion program
• Strong analytical and problem-solving skills with capacity to present insights clearly to executives, boards, and stakeholders
• Generate regular cost reports, summaries, and dashboards for review by the Capital Program Management Office (CPMO)
• Ability to lead cost workshops with project managers and contractors teams
• Demonstrated ability to work in a matrixed CPMO environment with multiple delivery partners
• Proactive in identifying potential cost overruns or risks and driving corrective action
• Excellent written and verbal communication skills; ability to translate complex cost data into executive-level reporting
• Document, review, and perform analysis of variances in cost and schedule, and make recommendations for corrective actions
• Coordinate and gather information for special reports and requests
• Reconcile and make edits to the Cost Management System for Budget, Cost, and Change Information
• Develop and coordinate cost management updates to assist Project Management team with current Budgets, Actuals, Accruals, Forecasts, and Changes
• Provide support for the use and administration of the Cost Management System (Unifier), including tasks such as data entry, system updates, and generating reports
• Assist in developing, compiling, and producing rail transit program reports, summaries, and dashboards that cover progress, cost, cash flow, earned value, risk, schedule, and other key information
• Contribute to change management documentation by logging and tracking potential changes and approved change orders
• Update, reconcile, and report changes into and from the Change Control Board and Construction Contractor for tracking Pending and Approved Changes and Contingency Utilizations
• Perform regular interval QA/QC of the project cost data and communicate corrections
• Verify changes are properly reflected in the cost forecast and assesses the impact on contingency, escalation, and cash flow
• Assists the Program Cost Manager with cost forecasts and funding that conforms to the Cost Management Plan
• Participates in the development of Cost Control/Cost management system procedures
• Coordinate with internal teams such as Finance, Budget, and Procurement to support reconciliation and audit readiness
• Assist in the preparation of memos, presentations, and client deliverables, including basic charts, tables, and financial summaries as requested