Cost Engineer

Overview

Mid-level cost engineer overseeing project budgets, forecasts, cashflows, and cost reporting.

Key Responsibilities

• portfolio management
• cost forecasting
• change orders
• cashflow tracking
• cost reporting
• contract cost

Tasks

TIC Cost Engineer duties including the development and management of TIC cashflows using project estimate, schedule, and actuals data. Tracking of cost in alignment with IPA cost category classifications and finance capital/expense classifications. Participation in estimate development and interactive planning sessions providing lessons learned from historical projects. Management of active project portfolio of 100MM with annual spending of approximately 50MM. Interfacing with engineering, procurement, and construction vendors to maintain budgets, monitor change, and to project spending patterns. -Responsible for portfolio management of assigned capital porjects -Provides information for monthly and quarterly drop to plant for asset retirements -Understand and Apply Contract Commercials to Project Cost Estimates -Prepares purchase order requisitions -Maintains and processes accruals/value of work done for capital projects -Forecast cost and contingency for capital projects in excess of 50MM -GSAP and Management Controls - Track reporting and basic functions -Staffing and Progress Analysis, Forecasting and Reporting -Prepares monthly cost report for capital project including medium and major projects. -Change Order Management including Estimates, Logs, Trends, Funding, Analytical Analysis of cost, hours and spending. -Facilitation of the cost portion of the change management process

Requirements

• excel
• powerpoint
• primavera
• vision
• mid-level
• cost engineer

What You Bring

In compliance with federal law, all candidates hired will be required to verify their identity and eligibility to work in the United States and to complete the required employment eligibility verification form after acceptance of a formal TCE offer letter through our onboarding system. Mid-level experienced cost engineer to maintain the overall project TIC. Must have experience with pulling together budgets, actuals, forecast and changes from all EPC contractors for a total project TIC report that are all inclusive. -Proficiency in using Microsoft Excel -Must be proficient with MS Excel, Engineering Cost & Progress and Earned Value -Microsoft PowerPoint: Experienced in creating presentations and flow diagrams -Microsoft Excel: Experienced with basics; Knowledgeable with advanced formula development and formatting -Microsoft Word: Experienced in basic functions and formatting -Basic understanding of Primavera Schedules, P&ID’s, and other general plan documents -Basic understanding and ability to evaluate/apply contract commercials. -Vision Software: Project reporting and budgeting functions -Mid-level experience.

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Benefits

Full Benefit Package included “Together We Make Life Better”. Our quality engineering, sustainable solutions and safety record inspire everything we do. Our diverse and inclusive workforce allows all employees to feel valued and safe to give their opinions and improve our company.

About Tata Consulting Engineers Limited

-Specializes in providing multidisciplinary engineering services across diverse sectors such as energy, infrastructure, industrial, and residential. -Provides end-to-end solutions, from concept design and engineering to project management and commissioning. -Instrumental in successful delivery of large-scale projects, including power plants, industrial complexes, and transportation systems. -Known for technical excellence, working with major international organizations. -Commitment to high-quality standards, ensuring projects are completed on time and within budget. -Portfolio includes landmark projects such as airports, power generation facilities, and smart city infrastructure. -Trusted by some of the world’s leading corporations for expertise in design and industrial process optimization.

Sector Specialisms