Cost Engineer

Posted 11 Days Ago
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Houston, TX, USA
In-Office
Senior level
Professional Services • Real Estate • Consulting
Delivering impactful projects and programmes across real estate, infrastructure, energy and natural resources.
The Role
Support project cost control lifecycle: establish CBS/WBS, perform forecasting, variance analysis, earned value calculations, invoice reconciliation, contingency and risk analysis, prepare monthly cost reports and dashboards, and ensure SOX and company procedure compliance while collaborating with planning, procurement, and project teams.
Summary Generated by Built In
Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries. 

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success. 

Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions. 

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world. 

Job Description

Turner & Townsend is seeking a detail-oriented Cost Engineer to join our Project Controls team. The successful candidate will apply best practices to support accurate budgeting, forecasting, and control across major capital projects. This role is ideal for a professional who understands the full cost engineering lifecycle, from conceptual estimating through project closeout, and who values rigor, transparency, and data-driven decision-making.

* Work in office mandatory (Houston, TX)

Duties Include: 

  • Establish and maintain the CBS and project’s WBS.
  • Perform cost control and forecasting, including variance analysis, trend identification, and change management in line with best practices on cost/schedule integration.
  • Prepare monthly cost reports, cash flow forecasts, trend analysis, VOWD, and executive-level dashboards summarizing project financial health.
  • Collaborate with Planning/Scheduling, Procurement, and Project Management teams to ensure integrated cost and schedule control.
  • Track contracts and purchase orders invoices, trends, change requests, and commitments against approved budgets.
  • Support risk analysis and contingency determination using quantitative methods. Manage contingency and reserve.
  • Apply Earned Value Management principles to measure project performance, calculating CPI, SPI, EAC, ETC, and variance at completion.
  • Reconcile invoices and Sox control.
  • Ensure compliance with company procedures and industry best practices for cost engineering and project controls.

Key Attributes 

  • Proficiency in analyzing data to identify trends, patterns, and insights.
  • Strong attention to detail with a high level of accuracy in cost and financial reporting. 
  • Familiarity with contract types (lump sum, cost-reimbursable, unit rate) and their cost control implications.
  • Advanced Excel skills and SAP experience are mandatory
  • Experience using data visualization tools like Power BI is a plus.
  • Managing multiple tasks and meeting deadlines under pressure.
  • SOX control responsibilities may be part of this role, which are to be adhered to where applicable. 

Qualifications

  • Bachelor's degree in engineering, Quantity Surveying, Finance, Business Administration, or a related field.
  • 5-10 years of post-grad professional experience in cost engineering, financial analysis and reporting, or project controls
  • Strong analytical, organizational, and effective communication skills.
  • Experience in a fast-paced, dynamic environment

Additional Information

*On-site presence and requirements may change depending on our client's needs*

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/

All your information will be kept confidential according to EEO guidelines.

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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time. 

Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review. 

Skills Required

  • Bachelor's degree in Engineering, Quantity Surveying, Finance, Business Administration, or related field
  • 5-10 years post-grad professional experience in cost engineering, financial analysis, reporting, or project controls
  • Advanced Excel skills
  • SAP experience
  • Experience applying Earned Value Management (CPI, SPI, EAC, ETC, ETC)
  • Experience with cost control, forecasting, variance analysis, and change management
  • Familiarity with contract types (lump sum, cost-reimbursable, unit rate) and their cost control implications
  • Experience with SOX controls and invoice reconciliation
  • Experience analyzing data to identify trends and produce executive-level dashboards
  • Power BI or other data visualization tool experience
  • Ability to work on-site in Houston, TX (office mandatory)
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The Company
HQ: Leeds, England
17,263 Employees
Year Founded: 1950

What We Do

Working in partnership makes it possible to deliver the world’s most impactful projects and programmes. Together with our clients, we turn challenge into opportunity and complexity into success across real estate, infrastructure, energy and natural resources.

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