Project Cost Controls Engineer, Construction/Development

Reef; Park City (UT); On-site; USD 100,000 - 150,000; Full time

Benefits offered by this job

401(k) Plan with Company Match

Generous Health Plan with HSA Match

Flexible Paid Time-off

Daily Company Lunches

Cell Phone Service Allowance

Discounts at Company-owned Resorts and Golf Courses

Job summary

Reef, located in Park City, UT, is seeking a Project Cost Controls Engineer to oversee cost management across multiple projects, enhancing financial efficiency and supporting company growth. The role involves estimating, evaluations, and contractor analyses.

Ideal candidates should possess a Bachelor's degree in Engineering or a related discipline with a minimum of 5 years in cost engineering. They will maintain corporate cost databases and ensure accuracy in project budgeting while providing insights for development decisions.

Benefits include 401(k) with company match and generous health plans.

Qualifications

• 5+ years of experience in cost engineering.
• Experience in using cost reference databases.
• Skilled in oral and written communication.

Responsibilities

• Lead project estimating efforts while maintaining cost databases.
• Review design scope and assumptions for accuracy.
• Convene reporting cycles and communicate with stakeholders.

Skills

Cost estimating

Cost control

Communication

Statistical analysis

Cost analysis

Education

Bachelor's degree in Engineering or related field

Master's degree (preferred)

Tools

Cost engineering programs

PC operating systems

Job description

Position

Project Cost Controls Engineer, Construction/Development

Company

Reef Capital

Location

Park City, UT

Salary

$100,000 - $150,000 per year

Overview

Reef is a Utah-based investment and development firm focused on innovative projects and strong growth. The company specializes in real‑estate development and has completed more than 500 transactions across the United States.

Position Summary

Reef is seeking a Project Cost Controls Engineer to lead cost management efforts across multiple development projects to support the company's growth. The Cost Engineer supervises and performs cost estimating, cost evaluations, baseline cost reviews, and contractor and supplier cost analyses. They provide cost‑related insights to support project planning and organizational decision‑making while monitoring emerging cost trends for management attention.

This role maintains the corporate cost reference database for projects in design and construction, ensuring accurate and consistent cost information. Responsibilities may also include reviewing invoices to verify proper revenue collection. The individual oversees cost engineering, estimating, and cost control activities across several projects, driving accuracy, accountability, and financial efficiency throughout the project lifecycle.

Responsibilities

• Lead project and program estimating efforts while maintaining corporate cost databases and reference materials.
• Track, analyze, and report project costs to support development decisions and opportunity evaluation.
• Review design scope, quantities, and estimate assumptions for accuracy; develop conceptual scopes when needed.
• Oversee preparation and validation of cost estimates, ensuring consistency across projects and disciplines.
• Establish pricing structures, cost formats, risk assessments, and confidence levels.
• Prepare and review direct and indirect cost estimates, including labor, equipment, temporary facilities, and external factors.
• Perform productivity analysis and validate labor and production assumptions.
• Support procurement by developing bid criteria, evaluating bids, and participating in vendor discussions.
• Maintain and update cost data, vendor pricing, and unit rate information.
• Conduct cost studies, trend analyses, and benchmarking using historical data and statistical methods.
• Implement performance measurement systems and identify opportunities for process improvement.
• Define and enforce project cost control standards, ensuring accurate tracking, reporting, and compliance.
• Oversee cost reporting, ensuring accuracy, consistency, and alignment with management requirements.
• Review designs for cost efficiency and recommend value engineering alternatives.
• Coordinate scope integration, cost inputs, and overall project planning across teams.
• Interface with leadership, finance teams, and external stakeholders to present cost insights.
• Collaborate with project managers, engineering teams, and leadership to maintain alignment.
• Plan and lead reporting cycles, meetings, and communication with stakeholders.
• Recommend staffing plans and resource requirements for cost engineering and project controls.
• Support training and development of cost engineering processes and best practices.

Qualifications

• Bachelor's degree in Engineering (Civil, Mechanical, Industrial, Electrical, or similar), Construction Management, Quantity Surveying, Finance, or a closely related discipline is required; a master's degree and ASCE or ASPE certification is a plus, but not required.
• 5+ years of experience in cost engineering, including cost estimating, cost control, and cost analysis in both field and home office environments.
• Experience in performing, monitoring, and reviewing cost engineering functions, which include cost estimating, cost control, and cost analysis, in the field and the home office.
• Experience establishing and using cost reference databases to build the corporate cost reference library.
• Knowledge of supervision, personnel administration, and training of technical and non‑technical personnel.
• Statistical knowledge in the areas of sampling, distributions, probability, and hypothesis testing for metrics.
• Skilled in oral and written communication.
• Proficiency with PC operating systems, with experience using engineering and cost‑engineering related programs.
• Knowledge of financial reporting systems, controller account codes, and understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
• Intermediate level of knowledge of engineering, procurement, contracts, construction, and startup work processes.

Benefits

• 401(k) Plan with Company Match
• Generous Health Plan with HSA Match
• Flexible Paid Time‑off
• Daily Company Lunches
• Cell Phone Service Allowance
• Discounts at Company‑owned Resorts and Golf Courses