Cost Controls Engineer

Summit Carbon Solutions is an innovative company which is developing and building the world’s largest carbon capture project in the upper Midwest over the next several years. We are a dynamic and highly entrepreneurial team that is expanding rapidly. We are looking for a smart, flexible, and high-energy individual to join our team. Summit Carbon offers an exciting, collaborative work environment competitive benefits and wages.

Primary Responsibilities:

  • Provide necessary cost engineering support and expert advice to the Manager of Project Controls, including monitoring, trending, and reporting capital project cost performance
  • Support the development of the project Cost Breakdown Structure (CBS) from the cost estimate
  • Develop the monthly cash flow forecast, including plan, actual, and forecast curves
  • Develop the monthly contingency drawdown curve, including plan, actual and forecast
  • Develop and report monthly KPI’s to efficiently communicate cost performance to senior management
  • Validate material and labor rates against industry and company benchmarks
  • Validate unit rate of placement/productivity against industry and company benchmarks
  • Monitor, control and analyze the project cost information, identify variances and bring these to the attention of the Project Controls Manager with possible alternatives
  • Forecast and continually track variable project costs from budget creation to closeout of project
  • Develop and maintain budgets for a project, including compiling vendor and subcontractor estimates into the master project cost estimate by code of account
  • Analyze cost variance against the project budget and recommend corrective actions
  • Administer program cost control systems including entering, updating and maintaining databases
  • Assist in managing/performing cost segregation and fixed asset studies from start to finish
  • Perform detailed cost analysis
  • Provide support / input to the development of the Project Controls Management Plan
  • Facilitate global Change Management process and validate pricing of subcontractor change requests

Education/Experience Requirements

  • Bachelor’s Degree in Engineering, Finance or related discipline preferred
  • Proficient in MS Office Suite, familiar with special estimating software, Microsoft Power BI, and ERP accounting software would be a plus

10+ years of cost control experience with large construction projects

Job Type: Full Time
Job Location: Ames Iowa

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