Senior Cost Engineer: Capital Projects & Controls

Evonik group; Lafayette (IN); Hybrid; USD 90,000 - 130,000; Full time

Job summary

Evonik Group is seeking a Cost Engineer to act as owner-representative Project Controller for capital projects. You will oversee budget stewardship, cost integration, and KPI reporting across engineering, procurement, construction, and commissioning to give leadership a clear view of financial performance.

You will develop and maintain the cost baseline, CBS, budgets, forecasts, and EAC, monitor variances, manage changes, and coordinate with Finance and EPC/EPCM partners to ensure accurate,

Qualifications

• 8–10+ years in project controls or cost management for large capital projects.
• Strong knowledge of budgeting, forecasting, cash flow, and scheduling fundamentals.
• Experience with EAC, contingency planning, and cost control systems.
• Experience in owner-representative or EPC/EPCM environments with cross-functional teams.

Responsibilities

• Develop and maintain the project cost baseline, CBS, budgets, forecasts, EAC, and cash flow forecasts throughout the project lifecycle.
• Monitor project costs by tracking commitments, actual costs, forecasts, and financial performance while performing variance analysis and identifying cost drivers, trends, risks, and opportunities.
• Lead the project cost change management process, including identifying, evaluating, documenting, and integrating approved scope, schedule, and commercial changes into project budgets and forecasts.
• Establish, monitor, and report on contingency and management reserve usage, ensuring alignment with project risks and providing recommendations on contingency adequacy.
• Consolidate and analyze cost information from Engineering, Procurement, Contracts, Construction, Site Operations, and external contractors to ensure accurate and consistent project financial reporting.
• Develop and deliver monthly cost reports, dashboards, KPIs, and executive presentations that communicate project financial health, forecast accuracy, change exposure, and risk outlook.
• Coordinate with Finance and Procurement to support accruals, payment timing, funding requirements, cash flow planning, and audit-ready project documentation.
• Partner closely with Project Leadership, Engineering, Procurement, Construction, Finance, and EPC/EPCM contractors to resolve cost discrepancies, improve forecast accuracy, and support project decision-making.

Skills

Budget management

Cost forecasting

EAC

Cash flow planning

Variance analysis

Excel

Education

Bachelor's degree

Tools

ERP systems

Microsoft Excel

Job description

Evonik Group is seeking a Cost Engineer to act as owner-representative Project Controller for capital projects. You will oversee budget stewardship, cost integration, and KPI reporting across engineering, procurement, construction, and commissioning to give leadership a clear view of financial performance.

You will develop and maintain the cost baseline, CBS, budgets, forecasts, and EAC, monitor variances, manage changes, and coordinate with Finance and EPC/EPCM partners to ensure accurate,