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Cost Engineer

2 months ago

Houston, United States Brunel Full time

We have an Oil & Gas client based in the Houston Galleria area that is looking for (2) Cost Engineers to join their team supporting their upcoming megaprojects.


Role: Cost Engineer

Industry: Oil & Gas

Location: Houston Galleria

Travel: Depending on the project you'll be supporting, you'll be required to travel 25%-50% of the time to East Texas or Oklahoma

Worksite: Hybrid (3 days in-office / 2 days from home)

Work Schedule: 9/80

Work type: W2 Contract

Contract duration: 1 year with potential for renewal

Benefits: Medical / Dental / Vision / 401(K) with match


Key Responsibilities:

  • Provide support for cost management activities in line with established cost control methodologies.
  • Offer early warnings on potential cost deviations to enable timely interventions and corrective actions.
  • Prepare and maintain cost control records, including commitments, Value of Work Done (VOWD), accruals, forecasts, budgets, and contingency plans.
  • Utilize RADA dashboard for monitoring cost data, performance indices, status updates, and variance analysis.
  • Contribute to the budgeting process.
  • Assist in aligning cost control measures with project scope and Cost Breakdown Structure (CBS).
  • Develop and set up CBS for projects at different phases, adhering to corporate procedures.
  • Provide cost information to support Authorization for Expenditure (AFE) submissions and revisions while maintaining historical records.
  • Support regular reviews with team leads and engineers to enhance forecasting accuracy.
  • Assess contractor progress, productivity, and claims.
  • Implement cost control processes with expertise to deliver clear, relevant business insights for cost reporting.
  • Participate in cost and schedule assurance reviews.
  • Analyze and apply relevant benchmark data during cost control preparations.
  • Actively engage in cost control training and development.
  • Manage the change control process.
  • Prepare and maintain cost reports, and monitor cost trends for monthly reporting.


Qualifications/Experience:

  • 10-15 years of experience in cost management, preferably within the energy sector.
  • Degree in Engineering, Finance, Business, or a related field.
  • Strong analytical and numerical skills.
  • Site-based experience is an advantage.
  • Knowledge of cost control and management principles.
  • Proficiency with project management software and financial analysis tools (experience with Unifier is a plus).
  • Strong communication skills for presenting financial information and complex cost matters clearly.
  • Ability to collaborate with various levels of the organization, including clients, contractors, and stakeholders.
  • Understanding of energy industry processes.
  • Attention to detail and ability to manage multiple tasks under tight deadlines.
  • Certification such as Certified Cost Engineer (CCE) or equivalent is desirable.