Senior Cost Engineer | Hudson Tunnel Project

NPAworldwide; Newark (NJ); On-site; USD 140,000 - 170,000; Full time

Job summary

Senior Cost Engineer for the Hudson Tunnel Project, based in New Jersey, responsible for cost estimating, budgeting, forecasting, and cost control to keep the program on budget and on track.

You will collaborate with project managers, engineers, contractors, and stakeholders to analyze estimates, manage changes, and report financial performance across daily, monthly, and quarterly cycles on a landmark transportation infrastructure program.

Qualifications

• Bachelor's degree in engineering, construction management, finance, or related field.
• 7+ years in cost engineering, estimating, or project controls.
• Strong knowledge of cost estimating, budgeting, and financial reporting.
• Familiar with project management plans, contract administration, and change management.

Responsibilities

• Prepare and review independent cost estimates for procurements and project needs.
• Analyze contractor price proposals, change order estimates, and claims.
• Track, forecast, and report on all contract changes, allowances, and budget impacts.
• Develop and implement supplemental metrics, procedures, and processes for effective cost management.
• Support project controls, including schedule management and risk assessment related to cost.
• Update risk registers and assessment reports for contingency planning.
• Contribute to daily, monthly, and quarterly reporting on project status, progress, and financial compliance.
• Assist in reviewing and managing all project contract, cost, schedule, risk, and environmental impact changes.
• Advise on impacts to project costs related to supply chain market conditions and fluctuations in commodities, materials, and equipment.
• Ensure accurate tracking, storage, and retrieval of cost-related documents and records.
• Support document control processes for financial documentation.
• Provide technical support for disputes and conflict resolution proceedings related to cost, schedule, and other project issues.
• Ensure compliance with Federal, state, and local funding requirements, including grants administration and reporting.
• Participate in audits and reviews to confirm adherence to project controls and financial standards.

Skills

Cost estimation

Budget management

Cost control

Analytics

Communication

Team collaboration

Education

Bachelor's degree in Engineering, Construction Management, Finance, or related field

Tools

Cost management software

Job description

About the Company & Role

Our client is a leading global consultancy renowned for delivering high-profile, complex, iconic, large-scale capital projects.

Job Description

We are currently seeking a dedicated and accomplished Senior Cost Engineer for the Hudson Tunnel Project (HTP).

This is a once in a lifetime opportunity to contribute to this landmark project that is poised to deliver transformative impacts across economic, transportation and environmental sustainability.

The busiest rail connection between New York, New Jersey, and the Northeast Corridor, the Hudson Tunnel Project will improve capacity, reliability, and resiliency of commuter and intercity rail transit serving 800,000 daily passengers from Washington, D.C. to New York and New England. This is a milestone project that is slated to receive nearly $12 billion in federal funding, the largest investment in a mass transit project in modern history.

As the Senior Cost Engineer, you will play a pivotal role in the financial management, cost estimating, and budget control of the Hudson Tunnel Project. This position is responsible for supporting project delivery through rigorous cost analysis, forecasting, reporting, and change management. The Senior Cost Engineer will collaborate with project managers, engineers, contractors, and stakeholders to ensure the project remains on budget and meets all financial performance targets.

This is a fantastic opportunity to be part of a mission that aligns with our client's purpose: to create responsible places that bring transformative impact to their people, communities, and societies.

Responsibilities

• Cost Estimating & Analysis
  • Prepare and review independent cost estimates for procurements and project needs.
  • Analyze contractor price proposals, change order estimates, and claims.
  • Validate and recommend approval, amendment, or rejection of contractor cost submissions.
• Budget Management & Forecasting
  • Implement cost and budget management requirements in alignment with the Hudson Tunnel Project Management Plan (HTP PMP).
  • Track, forecast, and report on all contract changes, allowances, and budget impacts.
  • Develop and implement supplemental metrics, procedures, and processes for effective cost management.
• Project Controls & Reporting
  • Support project controls, including schedule management and risk assessment related to cost.
  • Update risk registers and assessment reports for contingency planning.
  • Contribute to daily, monthly, and quarterly reporting on project status, progress, and financial compliance.
• Change Management
  • Assist in reviewing and managing all project contract, cost, schedule, risk, and environmental impact changes.
  • Coordinate changes to designs and contract documentation, ensuring proper financial tracking.
• Supply Chain & Market Analysis
  • Advise on impacts to project costs related to supply chain market conditions and fluctuations in commodities, materials, and equipment.
• Document & Records Control
  • Ensure accurate tracking, storage, and retrieval of cost-related documents and records.
  • Support document control processes for financial documentation.
• Dispute & Conflict Resolution
  • Provide technical support for disputes and conflict resolution proceedings related to cost, schedule, and other project issues.
• Compliance & Audit
  • Ensure compliance with Federal, state, and local funding requirements, including grants administration and reporting.
  • Participate in audits and reviews to confirm adherence to project controls and financial standards.

Qualifications

• Bachelor's degree in Engineering, Construction Management, Finance, or related field.
• 7+ years of experience in cost engineering, estimating, or project controls for large infrastructure or transportation projects.
• Strong knowledge of cost estimating methodologies, budget management, and financial reporting.
• Familiarity with project management plans, contract administration, and change management processes.
• Proficiency in cost management software and tools.
• Excellent analytical, communication, and organizational skills.
• Ability to work collaboratively in both office and field environments.

Why Is This a Great Opportunity

The estimated starting salary for this position is $140k-$170k. Starting salary may vary based on permissible, non-discriminatory factors such as experience, skills and qualifications.

This is an excellent opportunity for a Senior Cost Engineer looking to work on the most challenging, high-profile and innovative projects.

We refer candidates based on their qualifications and experience, without regard to race, color, religion, national origin, sex, age, disability, veteran status, or any other legally protected status.

Salary Type: Annual Salary

Salary Min: $ 140000

Salary Max: $ 170000

Currency Type: USD