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Lead Cost Engineer Jobs (NOW HIRING)

Nexus Engineering Group

Lead Cost Engineer

Akron, OH

The Lead Cost Engineer role is a senior position within the Project Services organization supporting a major capital power project. The role is responsible for establishing, managing, and reporting ...

Nexus Engineering Group

Lead Cost Engineer

Akron, OH · On-site

The Lead Cost Engineer role is a senior position within the Project Services organization supporting a major capital power project. The role is responsible for establishing, managing, and reporting ...

Bechtel

Lead Cost Engineer

Clay, NY

$105K - $160K/yr

In this role, you will lead a team and manage project cost estimating, analysis, and control ... Your data analysis will provide innovative solutions to cost engineering challenges, and your ...

Bechtel

Lead Cost Engineer

Clay, NY · On-site

$105K - $160K/yr

In this role, you will lead a team and manage project cost estimating, analysis, and control ... Your data analysis will provide innovative solutions to cost engineering challenges, and your ...

Bechtel Corporation

Lead Cost Engineer

Clay, NY

$105K - $160K/yr

In this role, you will lead a team and manage project cost estimating, analysis, and control ... Your data analysis will provide innovative solutions to cost engineering challenges, and your ...

C&D Technologies, Inc.

Cost Engineer

Lihue, HI · On-site

Develop part-level and system-level should-cost models for Lead-Acid and Li-ion battery components ... Partner with Product Engineering and Manufacturing to influence design decisions through Design-to ...

Bristol Alliance of Companies

Cost Engineer

Hampton, VA · On-site

$140K/yr

The Cost Engineer will provide independent, timely and professional cost engineering support ... lead teams. * Knowledge of and skill to work in full compliance with Safety Policy and Guidance, to ...

Moog, Inc.

Cost Engineer

Buffalo, NY · On-site

$75K - $95K/yr

Cost Engineer Reporting To: Negotiator, Group Work Schedule: Hybrid - Buffalo, NY We are seeking a ... Lead reviews of all estimates prior to delivery with review by senior management. * Prepare and ...

Saronic Technologies

Marine Cost Engineer

Austin, TX · On-site

As a Marine Cost Engineer, you'll lead cost analyses of production vessels and estimate cost for future vessels during proposal and design phases. Responsibilities * Assist in the development ...

Moog

Cost Engineer

Salt Lake City, UT · Hybrid

$75K - $95K/yr

Cost Engineer Reporting To: Negotiator, Group Work Schedule: Hybrid - Buffalo, NY We are seeking a ... Lead reviews of all estimates prior to delivery with review by senior management. * Prepare and ...

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All JobsLead Cost Engineer Jobs

Lead Cost Engineer information

See salary details

$45.5K

$97K

$139.5K

How much do lead cost engineer jobs pay per year?

As of Jun 9, 2026, the average yearly pay for lead cost engineer in the United States is $97,048.00, according to ZipRecruiter salary data. Most workers in this role earn between $81,000.00 and $114,000.00 per year, depending on experience, location, and employer.

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

To thrive as a Lead Cost Engineer, you need strong analytical skills, expertise in cost estimation, and a degree in engineering, construction management, or a related field. Familiarity with industry-standard cost management software such as Primavera, SAP, or CostX, and relevant certifications like AACE's Certified Cost Professional (CCP) are typically required. Exceptional leadership, attention to detail, and effective communication skills help you manage teams and collaborate with stakeholders. These skills and qualities are crucial for delivering accurate project cost controls, minimizing financial risks, and ensuring project success.

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

A Lead Cost Engineer plays a central role in working closely with project managers, schedulers, and procurement teams to ensure that project budgets are accurately developed, maintained, and updated throughout the project's lifecycle. This collaboration often involves regular meetings to review cost forecasts, identify potential risks, and propose cost-saving strategies. Strong communication skills are essential, as the Lead Cost Engineer must clearly present financial data and recommendations to both technical and non-technical stakeholders. By actively participating in cross-functional teams, the Lead Cost Engineer helps facilitate informed decision-making and keeps projects on track financially.

What are Lead Cost Engineers?

Lead Cost Engineers are professionals responsible for overseeing and managing the estimation, budgeting, and monitoring of costs on large projects, often within industries such as construction, engineering, and oil and gas. They lead a team of cost engineers and work closely with project managers to ensure that projects stay within budget and financial risks are minimized. Their duties include analyzing project requirements, preparing cost forecasts, tracking expenditures, and reporting on financial performance. Lead Cost Engineers play a crucial role in project planning and execution by providing accurate and timely cost information to support decision-making.

What is the difference between Lead Cost Engineer vs Cost Engineer?

AspectLead Cost EngineerCost Engineer
CredentialsBachelor's degree in engineering, finance, or related field; often with certifications like AACE Certified Cost Professional (CCP)Bachelor's degree in engineering, construction management, or related field; may also hold CCP certification
Work EnvironmentLeads cost estimation teams, manages budgets, and oversees cost control in large projectsPerforms cost analysis, estimates, and monitoring within project teams
Industry UsageCommon in large construction, engineering, and infrastructure projectsUsed across similar industries for project cost management

The Lead Cost Engineer typically holds a more senior role, overseeing teams and managing complex budgets, while the Cost Engineer focuses on detailed cost analysis and estimation. Both roles require similar credentials and are vital in project cost management, but the Lead Cost Engineer has broader responsibilities and leadership duties.

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Lead Cost Engineer jobs near you
Lead Cost Engineer

Lead Cost Engineer

Nexus Engineering Group

Akron, OH

Full-time

Posted 14 days ago

Job description

The Lead Cost Engineer role is a senior position within the Project Services organization supporting a major capital power project. The role is responsible for establishing, managing, and reporting the project’s cost position across all phases of execution. 

This individual will lead cost engineering activities including cost control, forecasting, earned value management, and support change management. The Lead Cost Engineer will work closely with Project Management, Scheduling, Procurement, and Construction teams to ensure full integration of cost with project execution. 

The role requires an experienced professional capable of operating within a complex EPC/EPCm environment, managing multiple stakeholders, and providing clear, accurate, and timely cost visibility to both internal and client leadership teams. 

This position will be based out of the Nexus Cleveland Office with up to 25% travel to Akron, OH. 

Accountabilities

  • Manage the total installed cost (TIC) position for the project, ensuring accuracy and transparency 

  • Ensure project cost performance aligns with client expectations and Nexus standards for cost management and reporting 

  • Lead the development and maintenance of the Cost Breakdown Structure (CBS) aligned with the WBS 

  • Establish and manage project cost baselines, budgets, and forecasting processes 

  • Provide clear and timely reporting of cost performance, including variances, risks, and opportunities 

  • Lead earned value management implementation and ensure alignment between cost and schedule performance 

  • Ensure procurement commitments, subcontract costs, and vendor forecasts are accurately reflected in cost reports 

  • Support governance processes including stage gate reviews, assurance reviews, and executive reporting 

  • Drive integration between cost, schedule, procurement, engineering, and construction teams 

Key Responsibilities

  • Develop and maintain cost control systems, procedures, and reporting frameworks for the project 

  • Lead cost reporting cycles (weekly, including actuals, commitments, and forecast to complete)

  • Perform variance analysis and provide clear explanations of cost deviations and performance trends 

  • Implement and manage earned value metrics including CPI, SPI, and estimate at completion (EAC) 

  • Maintain and manage the project trend log 

  • Support the preparation and evaluation of change orders and claims 

  • Track and report procurement commitments and subcontractor cost exposure 

  • Develop and maintain project cash flow forecasts 

  • Ensure alignment between cost reporting and project schedule progress 

  • Interface with client representatives to present cost performance and key insights 

  • Support system setup and integration with ERP and project controls tools 

Experience

  • 10–15 years of cost engineering or project controls experience 

  • Proven experience on large capital projects ($500MM–$2B+) within EPC or EPCm environments 

  • Strong experience implementing and managing earned value management systems 

  • Experience working across engineering, procurement, and construction phases of projects 

  • Demonstrated experience managing cost on complex, multi-contractor projects 

  • Experience supporting change management, claims, and commercial discussions 

  • Strong understanding of project controls systems, cost management tools, and ERP integrations 

  • Excellent communication skills with experience presenting to senior leadership and clients 

Education

  • Bachelor’s degree in Engineering, Construction Management, Finance, or a related field (required) 

  • Professional certifications such as CCP (Certified Cost Professional) (preferred) 

Competitive Benefits

Learn more about our competitive benefits in detail.

Why Nexus?

Nexus Engineering Group, a distinguished independent full-service engineering, procurement, and construction management (EPCm) firm, provides comprehensive support to clients from concept through startup. With over a decade of demonstrated engineering and design success, Nexus stands out as the firm of choice for those valuing integrity and expertise.

At Nexus, you will be part of a talented and passionate team dedicated to excellence and innovation. We foster a collaborative and engaging work environment, making it a place where you’ll enjoy contributing to impactful projects. Joining Nexus means aligning with a firm renowned for its creativity, dedication, and relentless focus on achieving client goals.

Equal Opportunity Employer & Reasonable Accommodation

Nexus Engineering Group, Inc. is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, disability, sex, sexual orientation, gender identity or expression, age, national origin, veteran status, genetic information, union status and/or beliefs, or any other characteristic protected by federal, state, or local law.

Nexus Engineering Group is committed to providing reasonable accommodations to qualifies individuals with disabilities throughout the application and hiring process. If you require and accommodation to participate in any part of the recruitment process please contact us at careers@nexusegroup.com. 

Sponsorship & Work Authorization

Nexus Engineering Group does not provide employment visa sponsorship of any kind, including CPT, OPT, or employment-based visas. Candidates must be currently authorized to work in the United States and must be able to maintain that authorization throughout employment without any action, filing, or sponsorship by the company. This requirement applies both at the time of hire and on a continuing basis for the duration of employment. 

Third‑Party Agency Notice

Nexus Engineering Group does not accept unsolicited resumes or candidate submissions from external recruiters or agencies. We only engage approved third‑party partners under a written agreement initiated by our Talent Acquisition team for specific searches. Any resumes submitted without prior authorization or a current agreement will not be eligible for placement fees and will be considered the property of Nexus Engineering Group.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.