Job Title: Cost Engineer
Company: Accelerated PM
Job Type: Onsite
Job Location: Naperville, IL
Qualifications:
Bachelor’s (required), Cost engineering/cost management experience: 5+ yrs (required), Energy sector experience: 3+ yrs – preferably regulated gas or electric (required) Accelerated PM is searching for a mid-level Cost Engineer for a client in the energy sector. In this role, you will develop and manage cost-related project controls to support the client’s portfolio. You will work closely with Scheduling, Project Management, Operations, Finance, and Procurement teams. The successful candidate will be detail-oriented, organized, and skilled in analysis, problem-solving, and communication.
Location/Travel:
This is an onsite role based in Naperville, IL.Duties and responsibilities could include:
- Develop and manage project cost reports including the evaluation of committed, actual and forecasted costs against budgets
- Prepare monthly accruals and forecast reports and review with stakeholders and the Finance team
- Conduct detailed monthly variance analysis and use findings to drive improvements in future budgeting and forecasting
- Support annual planning and budgeting at the portfolio level
- Work closely with the scheduling team to ensure schedule impacts are reflected accurately in the cost forecast/reports
- Carry out reviews of invoices/pay applications of select vendors and subcontractors to ensure accuracy and contract compliance
- Coordinate project change management activities and ensure budget and contract changes comply with standard operating procedures
- Prepare project budgets and cost estimates with input from others
- Provide cost engineering inputs to RFP’s and participate in bid evaluation
- Conduct cost risk analysis and incorporate it into cost forecast
- Conduct project close out activities
- Manage and maintain cost related aspects of the ERP system (Oracle)
- Work with Project Managers and other internal stakeholders (Project Management, Operations, Finance, Procurement) to provide unified, cost-driven solutions, identify potential conflicts, and assist in the facilitation of making critical commercial decisions
Minimum Required Education and Experience:- 5+ years of cost analysis/cost management experience 3+ years working in the energy sector
- Experience working with ERP systems, ideally Oracle
- Experience developing various types of reports, targeting different audiences
- Experience in client-facing positions
- Strong MS Excel skills + other MS Office products (Access, PowerPoint, Word, and Outlook)
- Strong communication skills, including the ability to clearly and accurately communicate with any audience
Beneficial/Preferred Qualifications:
Experience with utility capital projects >$50M.Familiarity with FERC, PSC, or other utility regulatory frameworks.
Knowledge of earned value management and cost risk analysis methodologies.
Professional certification (e.g., CCP, CEP, or PMP).
Salary: $125 – 135k per year depending on experience (1099 contract available also)
Benefits:
Paid Time Off and Holidays Medical, Dental, and Vision InsuranceIRA w/ 3% contribution from Company
