Cost Control, Project Controls

Description:
As a Cost Engineer, you will play a critical role in optimizing and controlling the total cost
management program on mega Projects. You will be responsible for monitoring and managing the Total Cost Management program, including cost management strategies, analyzing financial and cost engineering data, change management and working collaboratively with various departments to drive accurate, consistent reporting and analysis targeting cost reduction and efficiency initiatives. Your expertise will contribute to the overall profitability and competitiveness of our Project and organization.

Project Controls Team has multiple locations possible: Austin, TX; Sparks, NV; San Francisco, CA; Brookshire, TX; Robstown, TX

Project Controls Team has multiple locations possible: Austin, TX; Sparks, NV; San Francisco, CA; Brookshire, TX; Robstown, TX

Project Controls Team has multiple locations possible: Austin, TX; Sparks, NV; San Francisco, CA; Brookshire, TX; Robstown, TX

Responsibilities:
Execute and maintain a comprehensive cost management program including cost tracking, forecasting, and cost reduction plans. Conduct cost analysis and cost trending to identify variations between budgeted and actual costs. Analyze historical project data to develop cost trends and benchmarks for current and future projects
Support the Project Change Management program in a multi-interface
fast tracked mega project. This includes internal and external change management (cost & schedule). Support the evaluation and quantify the impact of project changes, including scope changes, variations, and contract amendments. Assess the cost implications of change orders and negotiate with contractors or suppliers when necessary
Provide regular forecasts of project costs to ensure alignment with
financial goals. Develop and Maintain cost forecasts for ongoing projects. Utilize cost data and trends to predict potential cost overruns or savings and provide recommendations for mitigation. Collaborate with project managers to ensure that cost controls are in place and budgets are adhered to
Monitor actual costs against budgets and analyze variances, providing
recommendations for corrective actions as needed. Track key performance indicators (KPIs) related to cost management and provide regular reports to senior management. Track a cost management reporting plan (include weekly and monthly reporting/ presentations). Communicate cost trends and potential issues to project teams and senior management
Ensure compliance with financial regulations and industry standards in cost
reporting and management
Stay up-to-date with industry best practices and emerging cost
management technologies to drive ongoing process improvement. Implement cost control best practices and seek opportunities for process improvements

Requirements:
Bachelor's Degree in Business or equivalent experience
Experience (typically 5+ years) in cost management, budgeting, and forecast analysis, ideally in the complex industrial process industry
Strong knowledge cost management processes and cost structures on a large scale EPC project
Proficiency in financial modeling and cost analysis tools
Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments, in ambiguous environments
Analytical mindset with attention to detail. Agile in learning and utilizing new software
Use PowerBI dashboards to report to executive management

Compensation & Benefits:
Benefits

Along with competitive pay, as a full-time Tesla employee, you are eligible for the following benefits at day 1 of hire:
Medical plans > plan options with $0 payroll deduction
Family-building, fertility, adoption and surrogacy benefits
Dental (including orthodontic coverage) and vision plans, both have options with a $0 paycheck contribution
Company Paid (Health Savings Accounts) HSA Contribution when enrolled in the High-Deductible medical plan with HSA
Healthcare and Dependent Care Flexible Spending Accounts (FSA)
401(k) with employer match, Employee Stock Purchase Plans, and other financial benefits
Company paid Basic Life, AD&D
Short-term and long-term disability insurance (90 day waiting period)
Employee Assistance Program
Sick and Vacation time (Flex time for salary positions, Accrued hours for Hourly positions), and Paid Holidays
Back-up childcare and parenting support resources
Voluntary benefits to include: critical illness, hospital indemnity, accident insurance, theft & legal services, and pet insurance
Weight Loss and Tobacco Cessation Programs
Tesla Babies program
Commuter benefits
Employee discounts and perks program