Cost Engineer - Electrical

I Pwr; Tempe, Northern (AZ, KY); Hybrid; USD 90,000 - 120,000; Full time

Benefits offered by this job

Market-competitive salary (paid weekly

Bonus eligibility

Industry-leading health coverage

401K and ESOP

Wellness and training programs

Job summary

Industrial Power Solutions, a Sundt Company, is seeking a Cost Engineer to support large-scale data center construction projects across the United States. You will manage project financial performance by tracking costs, forecasting outcomes, and analyzing trends to help teams stay on budget and financially successful.

Collaborate with Project Managers, Superintendents, Operations, Accounting, and Project Controls to deliver accurate cost reporting, change order evaluation, and closeout support.

Qualifications

• 2+ years of experience in construction cost control or project controls.
• Experience supporting large construction, industrial, electrical, or data center projects preferred.
• Strong analytical, organizational, and problem-solving skills.
• Ability to analyze large data sets and communicate findings clearly.

Responsibilities

• Maintain relationships with project teams, operations, accounting, subcontractors, and clients.
• Produce accurate cost reporting, forecasting, and financial analysis.
• Develop and maintain project cost reports, forecasts, and tracking tools.
• Monitor labor, material, equipment, subcontractor, and indirect costs against budgets.
• Analyze cost trends to identify risks and opportunities and support forecasts.

Skills

Cost control

Forecasting

Data analysis

Project controls

Excel proficiency

Communication

Tools

Microsoft Excel

Financial reporting tools

Job description

Job Summary

Industrial Power Solutions, a Sundt Company, is seeking a highly motivated Cost Engineer to support large-scale data center construction projects across the United States. The data center market continues to expand at an incredible pace, and IPS is growing right alongside it.

This position plays a key role in managing project financial performance by tracking costs, forecasting outcomes, analyzing trends, and providing project teams with the information needed to make informed decisions. The Cost Engineer will work closely with Project Managers, Superintendents, Operations, Accounting, and Project Controls teams to help ensure projects remain on budget and financially successful.

Key Responsibilities

• Maintain positive working relationships with project teams, operations, accounting, subcontractors, and clients.
• Produce accurate and timely cost reporting, forecasting, and project financial analysis.
• Develop and maintain project cost reports, forecasts, and financial tracking tools.
• Monitor labor, material, equipment, subcontractor, and indirect costs against project budgets.
• Analyze productivity and cost trends to identify potential risks and opportunities.
• Support monthly forecasting and estimate-at-completion reporting.
• Track and evaluate change orders and their impact on project budgets.
• Review committed costs, purchase orders, subcontract agreements, and invoices.
• Prepare weekly and monthly financial reports for project leadership and executive management.
• Collaborate with project teams to identify cost-saving opportunities and improve financial performance.
• Support project closeout activities and final cost reconciliation.
• Eliminate WASTE such as rework, delays, inaccurate reporting, and inefficiencies in project controls processes.
• Minimum of 2 years of experience in construction cost control, project controls, project engineering, estimating, accounting, or related disciplines.
• Experience supporting large construction, industrial, electrical, or data center projects preferred.
• Strong proficiency with Microsoft Excel and financial reporting tools.
• Understanding of project budgets, forecasting, change management, and cost reporting.
• Strong analytical, organizational, and problem‑solving skills.
• Ability to analyze large amounts of data and communicate findings effectively.
• Ability to work in a fast‑paced construction environment.

Note

Job Description is subject to change at any time and may include other duties as assigned.

Physical Requirements

• Ability to sit, stand, and work at a computer for extended periods.
• Ability to occasionally walk active construction sites.
• Ability to climb stairs and navigate construction environments when required.
• Ability to lift up to 25 pounds occasionally.
• Ability to wear personal protective equipment when visiting project sites.

Safety Level

Safety‑Sensitive

Note: Jobs with the Safety‑Sensitive designation are those that include tasks or duties that the employer reasonably believes could affect the safety and health of the employee performing the task or others such as supporting construction operations, visiting active job sites, or working in industrial environments.

About Us

As a 100% employee‑owned contractor, when you work at Industrial Power Solutions, a Sundt Company, you're not just joining a company, you're joining a culture. Because every employee is an owner, you'll join a team of people who are deeply invested in their work. From entry‑level employees to experienced leaders, we're passionate about the details and deliberate in everything we do.

At IPS and Sundt, we focus on building long‑term prosperity for our clients, communities, and employee‑owners. We offer competitive pay, industry‑leading benefits including a 401K and Employee Stock Ownership Plan, incentive programs for craft and administrative employees, as well as training that focuses on your personal and professional growth. We're driven by skill, grit, and purpose. Join us as we strive to be the most skilled builder in America.

Equal Opportunity Employer Statement

Industrial Power Solutions, a Sundt Company, is committed to the equal treatment of all employees and applicants for employment and prohibits discrimination based on race, religion, sex (including pregnancy), sexual orientation, gender identity, color, age, disability, national origin, covered veteran status, genetic information, or any other classification protected by applicable federal, state, or local laws.

Benefits

• Market Competitive Salary (Paid Weekly)
• Bonus Eligibility Based on Company, Group, and Individual Performance
• Industry‑Leading Health Coverage Starting Your First Day
• Medical, Health Savings, and Wellness Credits
• Workplace Wellness Programs
• Life and Disability Insurance
• Sundt Foundation – Charitable Employee‑Owner's Program

Equal Opportunity Employer, including disabled and veterans.