Cost Engineer
Bechtel Corporation
Extraordinary Teams Building Inspiring Projects
Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. We serve the Infrastructure; Nuclear, Security & Environmental; Energy; Mining & Metals, and the Manufacturing and Technology markets. Our services span from initial planning and investment, through start-up and operations.
Core to Bechtel is our Vision, Values and Commitments. They are what we believe, what customers can expect, and how we deliver. Learn more about our extraordinary teams building inspiring projects in our Impact Report.
Project Overview:
Fab 62 is an advanced semiconductor fabrication facility for Intel Corporation, located at Intel's Ocotillo campus in Chandler, Arizona. As part of this work, the M&T team is responsible for delivering the engineering, procurement, and construction scope required to complete and finish-out a leading-edge chipmaking facility — a highly demanding environment where precision, cleanliness, schedule certainty, and coordination across thousands of craft and professional personnel are essential to success. The project supports the continued expansion of domestic semiconductor manufacturing capacity, contributing to a more resilient technology supply chain while creating significant opportunity for the local Arizona workforce. Joining the Fab 62 team means contributing directly to one of the most strategically important construction efforts in the United States and helping deliver the infrastructure behind the next generation of microelectronics.
Job Summary:
In this role, you will be responsible for the cost engineering and cost analysis/control activities for projects with significant non-routine requirements which require a high degree of technical skill. You will prepare cost reconciliations, review cost trends, and develop and implement project requirements for cost control. Your detailed analysis will provide innovative solutions to cost engineering challenges.
Major Responsibilities:
- Establishes, maintains and monitors project budgets, change management, cost monitoring, cost variance analysis, quantity and craft labor reporting (QURR), and other periodic cost reports.
- Verifies consistency with previous reports to ensure compatibility and consistency.
- Prepares and ensures accuracy of the project cashflow and revenue earnings. Assists with PwC semiyearly project audit.
- Ensures accuracy in the cost coding of budgets and actuals.
- Performs budgets allocation in accordance with prescribed standards and procedures. Identifies trends and supports the change control program. Prepares cost studies using historical data, statistical analysis, and cost and quantity comparisons.
Education and Experience Requirements:
- Requires bachelor's degree (or international equivalent) and 8-10 years of relevant experience or 12-14 years of relevant work experience
Required Knowledge and Skills:
- Extensive experience in implementing change management process and tools, performing cost trend estimates in support of project cost trend programs, and their interface with schedule and cost systems.
- Strong interpersonal and communication skills (oral/written) with ability to understand and interpret technical and non-technical scope impacts for trend and baseline change documentation.
- Demonstrated experience in executing, monitoring, and evaluating cost engineering activities, including cost estimates, cost control, and cost analysis.
- Thorough knowledge of financial reporting systems and controller account codes, as well as a solid understanding of relevant Controller instructions that affect Project Controls.
- Must be able to independently provide guidance, training and coaching to junior Cost Engineers with multiple backgrounds and experience.
- Experience with preparation of cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons.
- Develops innovative new techniques to meet specific needs, as required.
- Demonstrated flexibility to respond to urgent project requests and/or changing priorities.
Total Rewards/Benefits:
For decades, Bechtel has worked to inspire the next generation of employees and beyond! Because our teams face some of the world's toughest challenges, we offer robust benefits to ensure our people thrive. Whether it is advancing careers, delivering programs to enhance our culture, or providing time to recharge, Bechtel has the benefits to build a legacy of sustainable growth. Learn more at Bechtel Total Rewards.
Diverse Teams Build the Extraordinary:
As a global company, Bechtel has long been home to a vibrant multitude of nationalities, cultures, ethnicities, and life experiences. This diversity has made us a more trusted partner, more effective problem solvers and innovators, and a more attractive destination for leading talent.
We are committed to being a company where every colleague feels that they belong-where colleagues feel part of "One Team," respected and rewarded for what they bring, supported in pursuing their goals, invested in our values and purpose, and treated equitably.
The position to which you are applying may have additional background and drug screening requirements from those of your current position. Please speak with your Bechtel recruiter to determine if any additional background and drug screening is required for this position and work location.
Bechtel's internal staffing policy includes the minimum time that you need to be in your current position before applying to a new position. Please refer to the applicable policy manual and ensure you meet the minimum requirements.
Per Policy 203-Internal Staffing, the Functional Manager of all internal Bechtel employees that are selected to proceed with an interview as part of Bechtel's internal recruitment process will receive a notification including the position title and corresponding Functional Lead.
Please note that the overtime designation for this position might differ from your current position even if the position is at the same grade level. Please speak with your TA Specialist to understand the overtime eligibility for this role.
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