Cost Controller

Posted 3 Days Ago
Be an Early Applicant
2 Locations
In-Office or Remote
Mid level
Energy
The Role
The Cost Controller monitors, analyzes, forecasts, and reports project cost performance. Responsibilities include variance and trend analysis, earned value management, cost forecasting, budget and contingency tracking, change management, WBS maintenance, contract and invoice support, project audits, risk analysis, and SAP cost-flow maintenance. The role partners with project management, construction, engineering, finance, and supply chain teams to ensure accurate project forecasts and financial reporting.
Summary Generated by Built In

At TC Energy, we are proud to connect the world to the energy it needs. Guided by our values of safety in every step, personal accountability, one team and active learning, we deliver the critical energy that North America and the world rely on while balancing reliability, affordability and sustainability.


Join us. Connect to what matters.


The Cost Controller is responsible for monitoring, analyzing, forecasting, and reporting project cost performance throughout the project lifecycle. The role supports Project Managers and key stakeholders by providing accurate and timely cost information, identifying trends and variances, evaluating risks and changes, and developing reliable forecasts to support effective business decisions.


The position requires a strong understanding of project controls, cost engineering, forecasting, budgeting, change management, earned value, cost and schedule integration, and project accounting. The individual will work closely with Project Management, Construction, Engineering, Finance, and Supply Chain to ensure that actual costs, commitments, changes, risks, contingency, and schedule impacts are appropriately reflected in the project forecast.


What you’ll do

  • Review and report project performance using variance analysis, trend analysis, and earned value performance to evaluate the cost and schedule performance over time.
  • Monitor project data, performing analysis and identifying trends; providing timely advice on impact of changes, modifications, or alternatives to drive key business decisions.
  • Lead the forecast for project completion costs, including productivity measurements, labor rate analysis, commitments, management of change, schedule impacts, material cost variance, contract changes, and invoice payments.
  • Responsible for the preparation of regular project reports ensuring variances, incurred, committed, and forecasted costs are properly explained and communicated to the project team.
  • Develop and maintain Work Breakdown Structure (WBS).
  • Track use of contingency, management reserve, and approved changes to project budget
  • Collaborate with Project Manager and team to review data and define construction cost tracking to ensure commitments, schedule requirements, and risk items are accurately represented in the project forecast and linked to the schedule.
  • Support the Project Manager by providing financial reporting requirements for bidding, during contract selection and administration of the contracts.
  • In-depth understanding of contract requirements for billing, issue requisitions and assist in invoice reviews and payment approvals.
  • Lead project audits and reviews, ensuring compliance with standards and processes.
  • Identify opportunities for improvement to forecasting and other project cost control methodologies and document as lessons learned.
  • Strategic planning, budget reviews and risk analysis with upper management.
  • Maintain project forecast and cost flow in SAP.
  • Work with Supply Chain to ensure all incurred costs are up-to-date and ensure contracts are coded appropriately to the project.
  • Adhoc reports to support request from different departments of the company. 

Minimum qualifications

  • Bachelor's degree in Engineering or a related discipline is required.
  • 3 - 6 years of related experience.
  • Proven working knowledge of project control functions and processes, including planning / scheduling, cost estimating, cost control, change management, financial, and project accounting processes and systems.
  • Results oriented with sound problem-solving skills and an aptitude for attention to detail and accuracy.
  • Excellent analytical skills; must have ability to gather and analyze data to make informed and sound decisions and recommendations as appropriate.
  • Fluent in English is Mandatory. 
  • Proficiency in Microsoft Office Suite, with advanced Microsoft Excel skills.

Preferred qualifications

  • Project Experience ranging from $ 3M to $ 50M.
  • Knowledgeable and experienced with cost engineering principles and methods including budgeting and forecasting, change management, management systems/procedures, Cost and Work Breakdown Structures, Earned Value Systems and contingency management EPC and/or Owner experience.
  • Working knowledge of how to recognize and evaluate risks, hazards, losses and their cost impact and how to assess the relationship between cost and schedule data.
  • Strong technical, analytical and problem-solving capabilities are required; organizational skills and attention to detail are required.
  • Excellent communication skills (both written and verbal), including ability to deliver presentations and communicate effectively with at various levels.
  • Knowledge of SAP or other ERP.
  • Desirable knowledge project control system. Use of primavera P6, Microsoft Project or any other scheduling system is a plus. 
  • Mirosoft Power BI. 

About our business


We are a leader in North American energy infrastructure, spanning Canada, the U.S. and Mexico. For over 75 years, we have proudly connected the world to the energy it needs. Every day, we move more than 30 per cent of the natural gas used across the continent and connect LNG exports to global markets, powering communities and industries. Complemented by strategic ownership and low-risk investments in power generation, our infrastructure delivers affordable, reliable and sustainable energy across North America. Our field operations span seven Canadian provinces, 34 U.S. states and seven Mexican states. Together, we strengthen the connections that deliver the energy the world relies on-every day.


TC Energy is an equal opportunity employer and participates in the E-Verify program supervised by the US government. We welcome applications from all qualified individuals regardless of race, religion, age, sex, color, national origin, sexual orientation, gender identity, veteran status, or disability. We are also committed to providing accommodations throughout the recruitment process. Applicants requiring accommodations or accessible formats are encouraged to contact us at [email protected] for support.


All applicants must have legal authorization to work in the country where the position is based, without restrictions. Background screening is required for all positions, which may include criminal and/or credit checks. Offers may be extended at a different level or job title that best aligns with the successful candidate's qualifications.


Learn more


Visit us at TCEnergy.com and connect with us on our social media channels for our latest news, employee stories, community activities, and other updates.


Thank you for considering TC Energy in your career journey.


Skills Required

  • Bachelor’s degree in Engineering or a related discipline
  • 3–6 years of related experience
  • Working knowledge of project controls, planning and scheduling, cost estimating, cost control, change management, financial processes, and project accounting systems
  • Strong problem-solving skills, analytical ability, attention to detail, and accuracy
  • Fluent English
  • Proficiency in Microsoft Office Suite and advanced Microsoft Excel skills
  • Experience with projects ranging from $3 million to $50 million
  • Knowledge of cost engineering, budgeting, forecasting, change management, WBS, cost structures, earned value systems, and contingency management
  • Experience evaluating project risks and cost impacts and integrating cost and schedule data
  • Strong communication and presentation skills
  • Knowledge of SAP or another ERP system
  • Knowledge of project controls systems, Primavera P6, Microsoft Project, or another scheduling system
  • Microsoft Power BI knowledge
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The Company
HQ: Calgary, Alberta
8,191 Employees
Year Founded: 1952

What We Do

TC Energy is helping the world take on a huge challenge: a transition to cleaner energy that also meets global demand. We’re working every day to help tackle it here in North America and we’re looking for innovative problem solvers to help us do it

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