Construction Cost Engineer: Forecasting & Budget Control

System One; The Woodlands (TX); On-site; USD 90,000 - 130,000; Full time

Job summary

System One is seeking a Cost Engineer in The Woodlands, TX to maintain accurate cost data, forecast expenditures, and support complex construction programs where scopes and schedules evolve.

You will establish control budgets, track commitments and actuals, reconcile changes, and integrate progress and earned value into forecasts while collaborating with Construction, Contracts, Procurement, Finance, Engineering and contractor teams.

Qualifications

• Strong cost engineering / cost control background on large-scale construction or infrastructure projects.
• Proven ability to establish and maintain control budgets and forecasts.
• Understanding of committed vs actual costs, accruals and forecast exposure.
• Experience with change management, including change orders and trends.
• Advanced Excel with data reconciliation and large dataset analysis.
• Knowledge of Earned Value and cost forecasting relationships.
• Omega 365 experience preferred.
• ERP familiarity and cost data reconciliation experience preferred.
• Power BI experience preferred.
• Analytical, resourceful, and adaptable.
• Comfortable with evolving scope and tight deadlines.
• Effective communication and teamwork.

Responsibilities

• Establish and maintain control budgets and track commitments, actual costs, accruals, forecasts, and EAC across multiple contracts and work packages.
• Develop and maintain cost forecasts based on actual expenditure, committed costs, remaining scope, field progress, and anticipated changes.
• Identify, evaluate, and track scope changes, change orders, trends, and potential cost exposure; reconcile changes against approved budgets and forecasts.
• Review contractor cost submissions, validate supporting information, and challenge inconsistencies and unreasonable costs or quantities.
• Reconcile cost data across Omega 365, ERP, and other sources, and investigate and resolve discrepancies.
• Integrate physical progress, schedule performance, productivity, and earned value into cost forecasting.
• Prepare concise management cost reporting and detailed supporting analysis.
• Work with Construction, Contracts, Procurement, Finance, Engineering, Scheduling, and contractor teams.

Skills

Cost control

Budget tracking

Forecasting

Advanced Excel

Analytical thinking

Strong communication

Team collaboration

Tools

Omega 365

ERP systems

Power BI

Job description

System One is seeking a Cost Engineer in The Woodlands, TX to maintain accurate cost data, forecast expenditures, and support complex construction programs where scopes and schedules evolve.

You will establish control budgets, track commitments and actuals, reconcile changes, and integrate progress and earned value into forecasts while collaborating with Construction, Contracts, Procurement, Finance, Engineering and contractor teams.