Cost Engineer - Natural Resources Construction

Turner-; Houston (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

Turner & Townsend in Houston seeks a Cost Engineer to plan, monitor, and control costs across large capital projects in energy and infrastructure.

You will develop estimates, track budgets, manage change control, and deliver cost reporting with dashboards and KPIs. Candidates typically have 3–7 years in cost engineering, with strong analytical and communication skills to collaborate across disciplines.

Qualifications

• Bachelor's degree in Engineering, Construction Management, or related field.
• 3–7 years of experience in cost engineering / project controls.
• Experience with large capital construction projects, offshore or energy preferred.
• Knowledge of estimation, forecasting, earned value, and change management.
• Proficient in cost management systems and project controls tools.

Responsibilities

• Prepare and maintain cost estimates, budgets, forecasts, and cash flows.
• Monitor costs and expenditures against approved budgets.
• Support cost control activities including accruals and forecasting.
• Review contractor invoices and cost documentation.
• Develop cost reports, dashboards, and KPIs.
• Collaborate across project controls, engineering, procurement teams.
• Assist with project closeout and final accounts.
• SOX control responsibilities as applicable.

Skills

Cost engineering

Cost control

Project controls

Analytical skills

Stakeholder management

Communication

Education

Bachelor's degree in Engineering or related

Tools

Cost management systems

Project controls software

Job description

• Full-time
• Department: Energy and natural resources

Company Description

Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.

Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people’s lives. Working in partnership makes it possible to deliver the world’s most impactful projects and programmes as we turn challenge into opportunity and complexity into success.

Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.

We are majority-owned by CBRE Group, Inc., the world’s largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.

Job Description

The Cost Engineer will support the planning, monitoring, and control of project costs throughout the construction lifecycle of large-scale capital projects. This role is responsible for developing estimates, tracking budgets and forecasts, managing change control, and providing cost reporting to support successful project delivery. Responsibilities

• Prepare and maintain project cost estimates, budgets, forecasts, and cash flow projections.
• Monitor construction costs and project expenditures against approved budgets.
• Support cost control activities, including commitment tracking, accruals, and cost forecasting.
• Review contractor invoices, payment applications, and supporting cost documentation.
• Evaluate change requests and trends, providing cost impact analysis and recommendations.
• Develop and maintain cost reports, performance metrics, and project dashboards.
• Support risk identification and quantification related to construction cost performance.
• Perform cost benchmarking, quantity validation, and analysis of contractor pricing.
• Collaborate with project controls, construction, engineering, procurement, and contractor teams to ensure accurate cost management.
• Assist with project closeout activities, including final account reconciliation and lessons learned.
• SOX control responsibilities may be part of this role, which are to be adhered to where applicable.

Qualifications

• Bachelor's degree in Engineering, Construction Management, Quantity Surveying, Cost Management, or a related discipline.
• 3-7 years of experience in cost engineering, cost control, or project controls within the construction industry.
• Experience supporting large capital construction projects; offshore, energy, industrial, or infrastructure experience preferred.
• Knowledge of construction estimating, forecasting, earned value principles, and change management processes.
• Proficiency with cost management and project controls systems.
• Strong analytical, communication, and stakeholder management skills.
• Ability to work in a fast-paced project environment and manage multiple priorities simultaneously.

Additional Information

*On-site presence and requirements may change depending on our client's needs.

Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.

We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.

Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.

All your information will be kept confidential according to EEO guidelines.

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