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Cost Engineer Jobs in Indiana (NOW HIRING)

Flatiron Construction Corp

Cost Engineer

Indianapolis, IN · On-site

$75K - $85K/yr

As a Cost Engineer, you will play a pivotal role in monitoring, analyzing and forecasting the financial outcomes of one or more construction projects within a district. Collaborate with industry ...

Mace

Senior Cost Engineer

Indianapolis, IN · Hybrid

$130K/yr

Senior Cost Engineer, Lebanon Mace combines global delivery consultancy experience to unlock potential in every person or project and redefine the boundaries of ambition. Our values shape the way we ...

Mace

Senior Cost Engineer

Indianapolis, IN · Hybrid

$130K/yr

Senior Cost Engineer, Lebanon Mace combines global delivery consultancy experience to unlock potential in every person or project and redefine the boundaries of ambition. Our values shape the way we ...

Astemo Ltd

Cost Accountant

Greenfield, IN · On-site

$63K - $84K/yr

Engineering Position Summary: The Cost Engineer will provide cost expertise for the EV Business Unit to support the achievement of optimal cost targets. This role involves researching current cost ...

Astemo

Cost Accountant

Greenfield, IN · On-site

$63K - $84K/yr

Engineering Position Summary: The Cost Engineer will provide cost expertise for the EV Business Unit to support the achievement of optimal cost targets. This role involves researching current cost ...

CDM Smith

Flex Staff Cost Estimator

Fort Wayne, IN · On-site

Preferred Qualifications: • Experience with large Federal construction quality programs • Certified Cost Engineer (CCE), Certified Cost Consultant (CCC), Certified Cost Professional (CCP), or ...

Clayco

Project Cost Manager

South Bend, IN · On-site

Responsible for cost engineering, cost estimation, cost analysis, and control activities for ... projects with significant non-routine requirements or for proposal estimating activities which ...

Clayco

Project Cost Manager

South Bend, IN

Responsible for cost engineering, cost estimation, cost analysis, and control activities for ... projects with significant non-routine requirements or for proposal estimating activities which ...

Clayco

Project Cost Manager

South Bend, IN

Responsible for cost engineering, cost estimation, cost analysis, and control activities for ... projects with significant non-routine requirements or for proposal estimating activities which ...

Clayco

Project Cost Manager

South Bend, IN

Responsible for cost engineering, cost estimation, cost analysis, and control activities for ... projects with significant non-routine requirements or for proposal estimating activities which ...

Clayco

Project Cost Manager

South Bend, IN

Responsible for cost engineering, cost estimation, cost analysis, and control activities for ... projects with significant non-routine requirements or for proposal estimating activities which ...

Clayco

Project Cost Manager

South Bend, IN

Responsible for cost engineering, cost estimation, cost analysis, and control activities for ... projects with significant non-routine requirements or for proposal estimating activities which ...

Clayco

Project Cost Manager

South Bend, IN · On-site

Responsible for cost engineering, cost estimation, cost analysis, and control activities for ... projects with significant non-routine requirements or for proposal estimating activities which ...

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Cost Engineer information

See Indiana salary details

$43.3K

$92.3K

$132.7K

How much do cost engineer jobs pay per year?

As of Jun 5, 2026, the average yearly pay for cost engineer in Indiana is $92,347.00, according to ZipRecruiter salary data. Most workers in this role earn between $77,100.00 and $108,500.00 per year, depending on experience, location, and employer.

What Does a Cost Engineer Do?

As a cost engineer, you estimate the various costs associated with a project. You can perform your duties in a variety of settings and industries. Many cost engineers work in construction, manufacturing, or other industrial enterprises. In these positions, your responsibilities focus on using technical knowledge to forecast expenses for all phases of the project accurately. You help create a budget that includes time, materials, labor costs, and other factors. These other factors may include things like travel, taxes, and security needs. Cost engineers use specialized software to organize their cost figures and compile information for creating a budget.

What are the key skills and qualifications needed to thrive as a Cost Engineer, and why are they important?

A Cost Engineer requires a solid background in engineering, mathematics, or finance, often supported by a relevant degree and experience with budgeting and cost estimation. Familiarity with cost management software (like Primavera or SAP), project management systems, and industry certifications such as AACE or PMP are typically important. Strong analytical thinking, attention to detail, and effective communication help Cost Engineers collaborate with project teams and stakeholders. These competencies are crucial to ensure project costs are accurately estimated, controlled, and aligned with business objectives.

How does a Cost Engineer typically collaborate with project managers and other departments during a project's lifecycle?

Cost Engineers work closely with project managers, procurement teams, and engineering staff to ensure project costs remain within budget and financial risks are minimized. They participate in regular project meetings, provide cost forecasts, and analyze potential cost overruns. Their role often involves reviewing vendor quotes, coordinating with schedulers to align budgets and timelines, and preparing detailed cost reports for stakeholders. This cross-functional collaboration is essential to proactively identify issues and support informed decision-making throughout the project.

What are Cost Engineers?

Cost Engineers are professionals who specialize in estimating, managing, and controlling the costs associated with engineering projects. They analyze project plans, materials, labor, and time requirements to develop accurate cost projections and budgets. Cost Engineers play a crucial role in helping organizations optimize resources, minimize expenses, and ensure projects are completed within financial constraints. Their expertise is essential in industries such as construction, manufacturing, and energy.

What is the difference between Cost Engineer vs Cost Estimator?

AspectCost EngineerCost Estimator
CredentialsTypically requires a degree in engineering, construction management, or related field; certifications like AACE International's CCP or CEOften holds a degree in construction management, engineering, or related; may also have certifications like AACE CCP
Work EnvironmentWorks on project cost control, budgeting, and financial analysis during project executionFocuses on preparing cost estimates for project bids and proposals
Industry UsageUsed throughout project lifecycle, especially in engineering and construction projectsPrimarily involved during project planning and bidding phases

While both roles involve cost analysis, a Cost Engineer manages ongoing project costs and controls, whereas a Cost Estimator focuses on initial cost projections for bids. Understanding these differences helps in selecting the right career path or job role in the construction and engineering industries.

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Cost Engineer jobs near you
Cost Engineer

Cost Engineer

Flatiron Construction Corp

Indianapolis, IN • On-site

$75K - $85K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 27 days ago

Job description

Overview
Are you driven by data and can turn numbers into actionable insights? As a Cost Engineer, you will play a pivotal role in monitoring, analyzing and forecasting the financial outcomes of one or more construction projects within a district.
Collaborate with industry experts and committed teams to provide insights and recommendations that enhance financial performance and efficiency.
Apply now and transform your career with us.
This is a full time position supporting an Advanced Technology project, which includes our Data Center market segments
What you will be doing
  • Assembles daily and weekly production documentation control reports.
  • Performs cost analysis and spend tracking to monitor project costs and revenue and forecast final financial outcomes.
  • Assists in or performs generation of project budget and monthly forecasting within Company supported cost control software.
  • Uses Company determined process and practices to document, track and report cost on assigned projects. Works with project management team and project controls team to ensure accurate and timely reporting of financial information.
  • Supports integration of Company systems to track, monitor and control costs. monitors the job cost report against key performance indicators (KPIs).
  • Assists project close out procedures by validating final revenue prior to final bill submission.
  • Audits accounting systems between Company and Owner systems to ensure accuracy.
  • Supports financial audit process on assigned projects.
  • Generates, analyzes and submits monthly reporting.

What we are looking for
  • Bachelor's degree in Engineering, Finance, Accounting or related field required.
  • Experience in construction industry, quantities tracking, or engineering preferred.
  • Developing written and verbal communication skills.
  • Developing knowledge of construction accounting principles and practices.
  • Able to analyze data and identify trends or areas of concern. Shows follow-through in inquiries and documents findings.
  • Strong attention to detail.
  • Developing knowledge of construction project practices.

Why work for us
Some of the benefits you may be eligible for as an employee are:
  • Comprehensive compensation package and paid time off program
  • Industry leading 401(k)/RRSP
  • Medical/Extended Health Care, Dental, Vision and/or Provincial Medical
  • Wellness benefits & Employee Assistance Program
  • Tuition Reimbursement Program

We are an EEO/ADA/Veterans employer.
Salary Min
USD $75,000.00/Yr.
Salary Max
USD $85,000.00/Yr.

Apply