Cost Engineer

Bechtel Corporation

  • Vadodara, Gujarat
Cost Engineer
Job Posted : Sep 12th, 2022

Job Description

  • Performs cost estimating, analysis, and control activities, as directed
  • Reports to and receive technical and operational supervision from designated supervisory personnel.
  • Provides technical direction to assigned personnel, when delegated.
  • Maintains relationships with project personnel, particularly with individual discipline group leaders and engineers.

Major Responsibilities:-

  • Assists in developing and implementing requirements for cost recording, reporting, and analyzing standards, programs, and reports.
  • Assists in preparing cost data for projects, proposals and contract negotiations.
  • Scope change management.
  • Determines scope definition requirements for a discipline or other specialty and works with Engineering and other sources to coordinate the production of required data to conform to the overall estimate preparation plan.
  • Develops quantity takeoffs for a discipline or specialty using defined documents or undefined scope assumptions. Verifies quantities provided by others.
  • Develops and applies unit rates (cost and jobhours) to quantity takeoffs and to otherwise developed quantities within a discipline or other specialty.
  • Prepares specific budgets in accordance with prescribed standards and procedures.
  • Independently provides financial reporting and trending, with oversight, for the Project Cost Engineer.
  • Prepare and manage the staffing plans (cost and jobhours)
  • Prepare and coordinate cost reports.
  • Collects and classifies cost engineering data.
  • Performs data analysis and development.
  • Performs any other duties as directed by the Senior Cost Engineer / Supervisor / Manager

Knowledge, Skills and Qualifications:-

  • Knowledge in capital cost and services cost.
  • Knowledge of scope change management.
  • Intermediate level of knowledge of engineering, procurement, contracts, construction, and startup work processes.
  • Proficiency in using multiple discipline-specific software applications currently used by Bechtel e.g. Ecosys
  • Demonstrated skill in identifying, analyzing, and providing innovative solutions to cost problems.
  • Knowledge of financial reporting systems and controller account codes, and understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data).
  • Bachelor’s degree in Engineering and a minimum of 7+ years of relevant experience in EPC industry.
  • Knowledge in the use of computers and several basic software applications such as Excel, Word and PowerPoint for executing work processes
  • Skilled in oral and written communication.
  • Strong communication, leadership and organization skills.


  • Vadodara, Gujarat

Company Overview:-

Bechtel is one of the most respected global engineering, construction, and project management companies. Together with our customers, we deliver landmark projects that foster long-term progress and economic growth. Since 1898, we’ve completed more than 25,000 extraordinary projects across 160 countries on all seven continents. We operate through four global businesses: Infrastructure; Nuclear, Security & Environmental; Energy; and Mining & Metals. Our company and our culture are built on more than a century of leadership and a relentless adherence to our values, the core of which are safety, quality, ethics, and integrity. These values are what we believe, what we expect, what we deliver, and what we live.