Lead Cost Engineer

Job description

Role Overview

Key Responsibilities

• Oversee cost reporting for the portfolio and establish the monthly cost control cycle, data requirements, and review timetable.
• Manage approved budgets, allocations, transfers, and cost coding across multiple contracts and workstreams.
• Develop and maintain detailed forecasts, forecast-at-completion positions, and closeout cost projections.
• Manage the monthly accrual process, including validation, reconciliation, aging review, and clearing of unsupported or duplicate accruals.
• Track commitments, actual costs, pending liabilities, settlements, and remaining exposure through contract closure.
• Prepare cash flow forecasts and funding requirements for termination, demobilization, preservation, settlement, and closeout.
• Reconcile data from SAP, Oracle Unifier, commercial records, and project reporting, and resolve material differences.
• Lead cost inputs for weekly reports, monthly portfolio reports, closeout reports, preservation cost reports, dashboards, and presentations.
• Provide cost substantiation and supporting records for claims, disputes, settlement discussions, and final account reviews.
• Establish cost reporting templates, controls, and data checks, ensuring a clear audit trail for assumptions and forecast changes.
• Explain movements in budgets, commitments, accruals, actuals, cash flow, and forecasts.
• Support the Project Controls Manager in portfolio reviews and senior stakeholder discussions.

Qualifications and Experience

• A minimum of 10 years of relevant experience is required for this role.
• Work Environment and Culture
• Jacobs fosters an inclusive culture that values diverse perspectives and backgrounds, promoting collaboration and mutual support. The company emphasizes safety and flexibility, offering arrangements and opportunities designed to maximize employee potential. Jacobs operates with a hybrid working policy, allowing employees to divide their work week between Jacobs offices/projects and remote locations. However, onsite employees are expected to attend a Jacobs Workplace on a full-time basis when required by the nature of their role.

Application Process

• Jacobs is committed to ensuring a supportive application experience. For further support or reasonable adjustments regarding the recruitment process, applicants may contact the team via Careers Support.