Project Cost Lead

Job Description

Summary: The Project Controls Engineer III Lead Cost provides project controls support for major capital projects, with a primary focus on cost analysis, forecasting, reporting, and change management. Working under limited supervision, this position supports engineering, procurement, and construction teams by developing and maintaining cost control systems, evaluating project performance, identifying risks, and ensuring accurate cost reporting throughout the project lifecycle. The role plays a key part in supporting schedule and cost performance while helping drive project success through data-driven analysis and collaboration. Job Duties Cost Control & Project Reporting Develop and maintain project cost control structures, including chart of accounts, Work Breakdown Structure (WBS), and cost control systems derived from detailed project estimates. Compile, validate, analyze, and report project cost information, including accruals, commitments, forecasts, change orders, and other project cost elements. Prepare and contribute to weekly, monthly, and quarterly project cost reports and presentations. Present project cost performance results to project leadership and corporate stakeholders. Monitor project cost trends, risks, and forecasts and provide recommendations to support project objectives. Change Management Manage the cost-related aspects of the project change management process. Process project change notices, maintain change logs, and ensure accurate reporting through established change management systems. Evaluate out-of-scope work, quantity variances, and potential cost impacts resulting from design modifications. Assess cost and schedule impacts associated with engineering, procurement, and construction changes. Project Analysis & Forecasting Analyze project performance against established cost and schedule baselines. Identify project control issues and collaborate with project teams to develop effective solutions. Forecast project outcomes and identify risks that may affect project performance. Evaluate requests for information (RFIs), differing site conditions, and process improvement initiatives for potential cost and schedule impacts. Support the development and implementation of corrective actions when project deviations are identified. Estimating & Validation Review drawings, calculations, sketches, material take-offs (MTOs), and engineering documentation to validate project estimates, scope changes, and change orders. Estimate quantities and costs associated with materials, labor, and equipment for project reviews and minor scopes of work. Assist with cost forecasting and estimate validation activities throughout project execution. Construction & Contractor Support Interface with engineering, procurement, and construction teams to ensure alignment with project objectives. Review and audit contractor equipment logs, timesheets, supplier invoices, and contract documentation for accuracy and compliance. Support adherence to project safety, quality, and operational standards. Maintain awareness of project construction methodologies and identify potential impacts to cost and schedule performance. Leadership & Collaboration Collaborate with internal stakeholders, project teams, contractors, and corporate departments. Support and mentor Cost Engineers and Project Controls Specialists as required. Participate in resolving project controls challenges through technical analysis and process improvement initiatives. Perform additional duties as assigned. Job Requirements: Education & Experience High School Diploma or GED with a minimum of twelve (12) years of experience in engineering, construction, project controls, or a related business field; OR Bachelor's degree in Engineering, Construction Management, Business, or a related discipline with six (6) to eight (8) years of project controls experience supporting major capital projects in heavy industrial environments.

Required Qualifications

Experience working with ERP systems. SAP experience. Knowledge of project controls methodologies, cost control processes, forecasting, and reporting. Experience supporting engineering, procurement, and construction activities on capital projects.

Preferred Qualifications

Advanced proficiency with Microsoft Excel and strong working knowledge of Microsoft Word and Outlook. Experience using Primavera P6 and EcoSys. Strong written and verbal communication skills. Ability to manage multiple priorities in a fast-paced project environment. Understanding of accounting systems and financial processes. Experience in project estimating, forecasting, and cost management. Heavy industrial construction project experience. Working knowledge of construction practices, occupational hazards, and construction safety requirements. Demonstrated analytical, problem-solving, and organizational skills. Physical Requirements: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this Job, the employee is regularly required to sit, walk and stand; talk or hear, both in person and by telephone; use hands repetitively to finger, handle, feel or operate standard office equipment. The employee is frequently required to reach with hands and arms. The employee is occasionally required to stand; walk and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision and the ability to adjust focus. About Teal Energi TealEnergi is a technical manpower provider with extensive experience supporting the successful execution and operation of major capital project investments. Forged through a desire to provide best-in-class service to clients, candidates, and contractors alike, TealEnergi works through its offices nationwide to provide regional support to a wide range of sectors including both traditional energy and energy transition initiatives (e.g., LNG, hydrogen, wind, solar), as well as manufacturing, mining, and infrastructure. TealEnergi is committed to fostering, cultivating and preserving a culture of diversity, equity and inclusion. All qualified applicants will receive consideration for employment without regard to race, color, age, disability, ethnicity, gender or gender identity, language, national origin, physical or mental ability, political affiliation, religion, sexual orientation, or protected veteran status. Page 1 of 1