Cost Engineer

Company Description

Work with Us. Change the World.

At AECOM, we're delivering a better world. Whether improving your commute, keeping the lights on, providing access to clean water, or transforming skylines, our work helps people and communities thrive. We are the world's trusted infrastructure consulting firm, partnering with clients to solve the world’s most complex challenges and build legacies for future generations.

There has never been a better time to be at AECOM. With accelerating infrastructure investment worldwide, our services are in great demand. We invite you to bring your bold ideas and big dreams and become part of a global team of over 50,000 planners, designers, engineers, scientists, digital innovators, program and construction managers and other professionals delivering projects that create a positive and tangible impact around the world.

We're one global team driven by our common purpose to deliver a better world. Join us.

Job Description

This position supports a major hydroelectric project in New Brunswick and requires two weeks per month at the project office in Fredericton, NB. Travel and lodging expenses will be covered.

The Intermediate Cost Engineer is responsible for supporting cost control activities across engineering, procurement, and construction (EPC/EPCM) projects. This role assists in developing project budgets, monitoring cost performance, analyzing trends, and preparing regular cost reports. The Intermediate Cost Engineer works closely with planners, estimators, procurement, engineering, and construction teams to ensure accurate and timely cost management throughout the project lifecycle.

The ideal candidate has a solid foundation in cost engineering practices, strong analytical skills, and experience working on multi-discipline industrial projects such as mining, oil & gas, energy, and infrastructure.

Key Responsibilities

1. Cost Control & Budget Management

• Track commitments, actuals, and incurred costs against the approved budget.

• Monitor cost performance across engineering, procurement, construction, and commissioning phases.

• Validate invoices, progress claims, and contractor payment applications against work performed.

2. Cost Reporting

• Prepare weekly and monthly cost reports, including cost summaries, variance analysis, and forecast updates.

• Highlight cost trends, deviations from budget, and potential risks to the project team.

• Support the preparation of cash flow forecasts and cost-to-complete analyses.

3. Change & Trend Management

• Support the evaluation of change notices, change orders, and potential trends.

• Analyze cost impacts of scope changes, schedule delays, and productivity variances.

• Maintain the change management log and ensure alignment with project controls procedures.

4. Earned Value Management (EVM)

• Assist in performing EVM calculations and support integration between cost and schedule.

• Analyze cost and schedule variances and prepare performance indices (CPI, SPI).

• Collaborate with the planning team to ensure accurate progress measurement.

5. Data Management & Cost Systems

• Maintain project cost databases and ensure data accuracy and integrity.

• Support implementation and use of cost control software/tools such as

• Excel (advanced)

• ERP systems

• Project controls platforms (e.g., Prism, EcoSys, SAP, etc.)

• Assist in developing cost tracking templates and reporting dashboards.

6. Project Coordination

• Work closely with project managers, discipline leads, procurement, and contractors to validate cost information.

• Participate in project progress meetings and provide cost insights.

• Support internal and external audits related to cost control.

Qualifications

Minimum Requirements:

• Bachelor’s degree in Engineering, Finance, Accounting, Construction Management, or related field.

• 4 years of experience in cost control, cost engineering, or project controls.

• Experience in EPC/EPCM projects in mining, oil & gas, energy, infrastructure, or industrial sectors.

• Relevant analytical and quantitative skills with high attention to detail.

• Proficient in Microsoft Excel (pivot tables, formulas, dashboards).

• Capability to work with cost control systems (Prism, EcoSys, SAP, Oracle, etc.).

• Understanding of project progress measurement, forecasting, and change management processes.

• Willing and able to travel and spend 2 weeks a month at our Fredericton office.

Minimum Requirements:

• Master degree in related field.

• 5+years of relevant experience

• Experience in EPC/EPCM projects in mining, oil & gas, energy, infrastructure, or industrial sectors.

• Strong analytical and quantitative skills with high attention to detail.

• Familiarity with cost control systems (Prism, EcoSys, SAP, Oracle, etc.)

• Strong numeracy and analytical problem-solving skills

• Ability to work independently and support multiple stakeholders

• Effective communication and documentation skills

• Organized, detail-oriented, and reliable

• Ability to work in a fast-paced project environment

Additional Information

Sponsorship for obtaining a Canadian work permit is not available for this position

Offered rate of compensation will be based on individual education, qualifications, experience, and work location. The range for this position is $70000 to $110000.

About AECOM

AECOM is proud to offer comprehensive benefits to meet the diverse needs of our employees. Depending on your employment status, AECOM benefits may include medical, dental, vision, life, AD&D, disability benefits, paid time off, leaves of absences, voluntary benefits, perks, flexible work options, well-being resources, employee assistance program, business travel insurance, service recognition awards, retirement savings plan, and employee stock purchase plan.

AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2024. Learn more at aecom.com.

What makes AECOM a great place to work

You will be part of a global team that champions your growth and career ambitions. Work on groundbreaking projects - both in your local community and on a global scale - that are transforming our industry and shaping the future. With cutting-edge technology and a network of experts, you’ll have the resources to make a real impact. Our award-winning training and development programs are designed to expand your technical expertise and leadership skills, helping you build the career you’ve always envisioned. Here, you’ll find a welcoming workplace built on respect, collaboration and community - where you have the freedom to grow in a world of opportunity.

As an Equal Opportunity Employer, we believe in your potential and are here to help you achieve it. All your information will be kept confidential according to EEO guidelines.

ReqID: J10141184

Business Line: Water

Business Group: DCS

Strategic Business Unit: Canada

Career Area: Program & Project Management

Work Location Model: On-Site

Compensation: CAD 70000 - CAD 110000 - yearly