Cost Engineer

Role Overview 

The Cost Engineer plays a critical role in ensuring financial discipline across Colovore’s data center development projects. This individual will be responsible for cost planning, tracking, forecasting, and reporting across the full project lifecycle—from early-stage budgeting through construction and project closeout. 

You will partner closely with Construction, Finance, Procurement, and Development teams to provide accurate cost insights, identify risks and opportunities, and support data-driven decision-making in a fast-paced, high-growth environment. 

Key Responsibilities 

Cost Planning & Estimation 

• Develop and maintain detailed project budgets, including conceptual, design, and construction-phase estimates 
• Support feasibility analysis with cost inputs for new site development and expansion opportunities  
• Benchmark costs across projects and markets to improve forecasting accuracy  

Cost Control & Reporting 

• Track project forecast to actual against budget and provide regular variance analysis 
• Maintain cost reports, dashboards, and forecasting tools for active projects  
• Monitor commitments, expenditures, and accruals to ensure financial accuracy  

Change Management 

• Review and evaluate change orders for accuracy, completeness, and alignment with scope 
• Partner with Construction and Procurement teams to validate pricing and negotiate cost impacts where needed 
• Track and report on change order trends and risks  

Forecasting & Risk Management 

• Develop and maintain project cost forecasts, identifying risks and opportunities early 
• Perform scenario and sensitivity analyses (schedule delays, material cost changes, design shifts)  
• Highlight potential budget overruns and recommend mitigation strategies  

Cross-Functional Collaboration 

• Partner with Construction, Finance, Procurement, and Design teams to ensure alignment on cost assumptions and reporting 
• Support monthly and quarterly financial reporting processes  
• Contribute to continuous improvement of cost management tools, templates, and processes 

Key Skills 

• Strong financial modeling and cost analysis capabilities 
• Deep understanding of construction cost structures and project lifecycles  
• High attention to detail with strong organizational skills  
• Ability to synthesize complex data into clear, actionable insights  
• Strong stakeholder communication and cross-functional collaboration  
• Proficiency in Excel (advanced), and familiarity with cost management or ERP tools 

Required Experience 

• 3–7+ years of experience in cost engineering, project controls, construction finance, or similar roles 
• Experience supporting large-scale construction or infrastructure projects (data centers, industrial, or commercial preferred)  
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