Cost Manager, PMO

Socket.dev

Bellevue (WA)

On-site

USD 163,000 - 218,000

Full time

6 days ago
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Benefits offered by this job

Competitive Compensation
Discretionary short-term incentive
Comprehensive Medical and Wellness
Medical
Vision
Dental
Life and Disability
Parental Leave
401k Plan
21 days PTO
Relocation Assistance
Professional and Educational Support

Job summary

TerraPower, based in Bellevue, WA, seeks a Cost Manager for the PMO to lead cost baselines, budgets, and forecasts for large, multi-year programs. You will drive detailed cost estimates, benchmarking, and CPI reporting while guiding risk analyses and mitigation strategies across multi-disciplinary teams.

The role demands deep expertise in cost control, earned value management, and leadership, with experience on first-of-a-kind projects over $100M.

Qualifications

  • 10+ years of experience in cost management, estimating, and risk analysis.
  • Experience planning, executing, or controlling a first-of-a-kind project exceeding $100M in budget with multi-disciplinary teams.

Responsibilities

  • Develop and oversee cost baselines, budgets, and forecasts.
  • Lead the preparation of detailed cost estimates and benchmarking.
  • Track cost performance and CPI metrics.
  • Manage risk analyses and mitigation strategies.
  • Collaborate with project teams to assess cost impacts of changes.
  • Standardize cost management tools, templates, and processes.
  • Provide mentorship to estimators, cost engineers, and risk managers.

Skills

Analytical thinking
Communication skills
People management
Leadership
Earned Value Management (EVM)
Risk management
Cost management
Budgeting and forecasting
Stakeholder collaboration
Problem solving

Education

Bachelor’s degree in engineering, business, or related field

Tools

COBRA
Primavera P6
Microsoft Project

Job description

Cost Manager, PMO

TerraPower is a nuclear technology company based in Bellevue, Washington. At its core, the company is working to raise living standards globally through a more affordable, secure, and environmentally friendly form of nuclear energy along with innovations in medical isotopes to improve human health. In 2006, TerraPower originated with Bill Gates and a group of like-minded visionaries who evaluated the fundamental challenges to raising living standards around the world. They recognized energy access was crucial to the health and economic well-being of communities and decided that the private sector needed to take action and create energy sources that would advance global energy deployment. TerraPower’s mission is to be a world leader in new nuclear technologies, while developing innovators and future leaders in the nuclear field. As a result, the company’s activities in the fields of nuclear energy and related sciences are yielding significant innovations in the safety and economics of nuclear power, hybrid energy and medical applications – all for significant human health benefits.

TerraPower is seeking to hire highly motivated and forward-thinking professionals who are interested in focusing on advanced nuclear reactor research and development and influencing change within the nuclear power landscape and bringing forward the critical production of medical isotopes. TerraPower is an Equal Opportunity Employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.

Responsibilities
  • Develop and oversee project cost baselines, budgets, and forecasts.
  • Lead the preparation of detailed cost estimates and facilitate cost benchmarking activities.
  • Track and report on cost performance, including Cost Performance Index (CPI) metrics.
  • Manage risk analyses, mitigation strategies, and risk trending.
  • Collaborate with project teams to assess and manage cost impacts of change requests.
  • Standardize cost management tools, templates, and processes for consistency across the organization.
  • Provide mentorship and training to estimators, cost engineers, and risk managers.
Key Qualifications and Skills
  • 10+ years of experience in cost management, estimating, and risk analysis.
  • Proficiency in cost management tools (e.g., COBRA).
  • Experience planning, executing, or control of a first-of-a-kind project exceeding $100M in budget, spanning multiple years, and involving multi-disciplinary teams of 100+.
  • Familiarity with scheduling tools such as Primavera P6 and Microsoft Project.
  • Expertise in Earned Value Management (EVM) principles and practices.
  • Risk management skills and experience executing risk management plans.
  • 5+ years managing staff in cost management, risk management, or project controls.
  • Strong analytical and problem-solving skills with the ability to interpret complex data.
  • Excellent communication and collaboration skills to interact with stakeholders.
  • Experience with advanced nuclear projects (preferred).
  • The successful candidate will possess a high degree of trust and integrity, communicate openly and display respect and a desire to foster teamwork.
  • Bachelor’s degree in engineering, business, or related field from an accredited, four-year university or equivalent experience.

Job Functions are physical actions and/or working conditions associated with the position. These functions may also constitute essential functions for the job which the employee must be able to fulfill, with or without accommodation. Information provided below is to help describe the job so that the applicant has a reasonable understanding of the job duties/expectations. An applicant's ability to perform and/or tolerate these actions and conditions will be discussed and workplace accommodations may be made on a case-by-case basis following an individualized assessment of the applicant and other considerations, including but not limited to any governing safety standards.

  • Motor Abilities: Sitting for extended periods, bending/stooping, grasping/gripping, fine motor control (hands)
  • Physical exertion and/or requirements: Minimal, with ability to safely lift up to 25 pounds.
  • Repetitive work: Prolonged
  • Special Senses: Visual and audio focused work
  • Work Conditions: Stairs, typing/keyboard, standard and/or sitting working environment of >8 hours/day
  • Travel required 0-10%

TerraPower’s technology is controlled for export by various agencies of the U.S. Government. TerraPower must evaluate applicants who are foreign nationals (other than asylees, refugees, or lawful permanent residents) in accordance with U.S. Government export control requirements. To facilitate TerraPower’s export control reviews, you will be asked as part of the application process to identify whether you are a U.S. Citizen or national, asylee, refugee, or lawful permanent resident of the United States. Government export authorization approval times vary. Based on the business needs for a particular position, TerraPower may not consider a foreign national from a country if it is impracticable to obtain timely Government export approval.

Job details

Salary Range: $163,423.92 - $217,898.56 Any salary offered within the posted salary band is based on market data and commensurate with the selected candidate’s qualifications and experience. This range is specific to Washington State.

Benefits
  • Competitive Compensation
  • Salary, eligible to participate in discretionary short-term incentive payments
  • Comprehensive Medical and Wellness Benefits
  • Medical
  • Vision
  • Dental
  • Life and Disability
  • Gender Affimation Benefits
  • Parental Leave
  • 401k Plan
  • Generous Paid Time Off (PTO)
  • 21 days of annually accrued PTO
  • Generous Holiday Schedule
  • 10 paid holidays
  • Relocation Assistance
  • Professional and Educational Support Opportunities

TerraPower Career and Benefits information: https://www.terrapower.com/contact-us/careers/

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