Cost Control Lead - Power Generation

PIC Group, Inc.; Dallas (TX); On-site; USD 140,000 - 210,000; Full time

Job summary

PIC Group, Inc. is seeking an experienced Cost Control Lead for a large-scale power generation project in Dallas, TX.

This role oversees cost reporting, forecasts, and budget management, collaborating across project management, engineering, construction, and commercial teams to protect the project budget. The ideal candidate has extensive EPC cost control experience, is proficient with Procore, Bluebeam Revu, and advanced Excel, and can lead cost reviews, EACs, and contingency management.

Qualifications

• 10+ years of cost control experience supporting large-scale capital construction, engineering, or EPC projects.
• 5+ years representing an owner in cost oversight of an EPC contractor under a lump-sum contract.
• Strong experience with cost reporting, forecasting, earned value management, variance analysis, and change management.
• Proficiency with cost management systems, advanced Excel, Bluebeam Revu, and Procore. Power generation experience preferred.
• Familiarity with AI-assisted tools for reporting and analysis, with the ability to independently verify outputs.
• Strong analytical, organizational, problem-solving, and communication skills.
• Ability to work collaboratively with multidisciplinary project teams, contractors, and senior leadership.

Responsibilities

• Develop, maintain, and manage comprehensive project cost reports, including budgets, commitments, actual expenditures, accruals, and forecasts.
• Monitor project cost performance, perform variance analysis, and identify potential cost overruns or emerging financial risks.
• Prepare and maintain cost forecasts, including estimates at completion (EAC), using earned value analysis and project performance data.
• Evaluate contractor change requests, quantify potential cost impacts, and support change management and commercial reviews.
• Track project contingency utilization, monitor cost trends, and provide recommendations to support effective budget management.
• Review contractor invoices, payment applications, and supporting documentation for accuracy and alignment with contractual requirements.
• Coordinate with project management, engineering, construction, procurement, and commercial teams to maintain accurate and timely cost information.
• Prepare regular cost reports, financial summaries, and presentations for project leadership and executive management.

Skills

Cost control principles

Earned value management

Forecasting

Financial reporting

Change orders evaluation

Contingency utilization

AI reporting tools

Analytical ability

Communication skills

Collaborative teamwork

Education

Bachelor’s degree in Engineering/ Construction Management/ Finance/ Business Administration

10+ years cost control experience

Power generation experience

Tools

Procore

Bluebeam Revu

Excel (Advanced)

Job description

Title

Cost Control Lead – Power Generation

Position Type

Direct Hire

Location

Dallas, TX

Key Project Requirements

• 10+ years of cost control experience supporting large-scale capital construction, engineering, or EPC projects.
• 5+ years of experience representing an owner or client in cost oversight of an EPC contractor under a lump-sum contract.
• Strong experience with project cost reporting, forecasting, earned value management, variance analysis, and change management.
• Proficiency with cost management systems, advanced Excel, Bluebeam Revu, and Procore. Power generation experience preferred.

Job Summary

We are seeking an experienced Cost Control Lead to support the execution of a large-scale power generation project. This position will be responsible for overseeing project cost reporting, monitoring commitments and accruals, developing cost forecasts, and evaluating the financial impact of project changes. The Cost Control Lead will work closely with project management, engineering, construction, and commercial teams to maintain accurate cost information, identify potential budget risks, and provide timely financial reporting to project leadership.

Essential Duties And Responsibilities

• Develop, maintain, and manage comprehensive project cost reports, including budgets, commitments, actual expenditures, accruals, and forecasts.
• Monitor project cost performance, perform variance analysis, and identify potential cost overruns or emerging financial risks.
• Prepare and maintain cost forecasts, including estimates at completion (EAC), using earned value analysis and project performance data.
• Evaluate contractor change requests, quantify potential cost impacts, and support change management and commercial reviews.
• Track project contingency utilization, monitor cost trends, and provide recommendations to support effective budget management.
• Review contractor invoices, payment applications, and supporting documentation for accuracy and alignment with contractual requirements.
• Coordinate with project management, engineering, construction, procurement, and commercial teams to maintain accurate and timely cost information.
• Prepare regular cost reports, financial summaries, and presentations for project leadership and executive management.

Job Requirements

• Strong understanding of project cost control principles, earned value management, forecasting, and financial reporting.
• Experience overseeing cost performance and contractor financial reporting under lump-sum EPC contracts.
• Ability to evaluate change orders, cost trends, contingency utilization, and potential budget impacts.
• Proficiency with project cost management systems, advanced Microsoft Excel, Bluebeam Revu, and Procore.
• Familiarity with AI-assisted tools for reporting and analysis, with the ability to independently verify outputs.
• Strong analytical, organizational, problem-solving, and communication skills.
• Ability to work collaboratively with multidisciplinary project teams, contractors, and senior leadership.

Education / Experience

• Bachelor’s degree in Engineering, Construction Management, Finance, Business Administration, or a related field, or equivalent relevant experience.
• Minimum 10 years of cost control experience supporting major capital construction, engineering, or EPC projects.
• Minimum 5 years of owner-side or client-representative experience overseeing EPC contractors under lump-sum contracts.
• Power generation experience and prior responsibility for contingency management on projects exceeding $1 billion preferred.