Construction Cost Engineer
McFarland Construction
Cost Control Engineer
The Cost Control Engineer is responsible for managing and monitoring project costs and ensuring effective control and documentation of all project-related records. This role supports project managers, engineers, and finance teams by tracking budgets, forecasting expenditures, preparing cost reports, and maintaining organized and up-to-date document control systems. The position ensures compliance with internal procedures and contractual requirements, enabling efficient project execution, transparency, and audit readiness.
Key Responsibilities include:
- Develop and maintain project cost tracking systems and reports.
- Monitor project budgets, forecasts, and actual expenditures.
- Perform cost analysis and value engineering evaluations.
- Identify cost variances and propose corrective actions.
- Support procurement and contracts team with cost estimation and budget alignment.
- Assist with monthly progress billing and earned value management (EVM) reporting.
- Prepare cash flow forecasts and financial status reports.
Education & Additional Qualifications
- Bachelor's degree in Engineering, Construction Management, or related field.
- 3+ years of experience in cost control and document management within engineering or construction projects.
- Proficiency with cost management software (e.g., Primavera P6, MS Project, SAP, Oracle, etc.).
- Experience with document control systems (e.g., Procore, SharePoint, etc.).
- Strong analytical and organizational skills.
- Ability to work under pressure and meet deadlines.
- Excellent communication and reporting skills.
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