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Senior Cost Control Engineer Jobs in Chicago, IL

CFS

Senior Cost Accountant

Downers Grove, IL · Hybrid

$90K - $110K/yr

... operations, engineering, and supply chain • Exposure to acquisitions and integration work ... Sr. Cost Accountant: • Manage standard costing, BOM updates, and cost roll processes • Lead ...

AllSTEM Connections

Cost Technician

Valparaiso, IN · On-site

$68K - $89K/yr

... Senior Cost Technician to serve as a cornerstone of our project controls team. In this role, you will be responsible for maintaining comprehensive cost control data files across the full project ...

New

PROENERGY

Senior Cost Accountant

Chicago, IL · On-site

$85 - $120/hr

PROENERGY is an engineering, R&D, and manufacturing powerhouse. The company addresses every need ... Conduct process and data audits to ensure control effectiveness and find efficiencies. * Monthly ...

Rider Levett Bucknall

Lead Senior Cost Manager

Chicago, IL · On-site

$113K - $151K/yr

Lead Senior Cost Manager Reporting to: Office Director Salary Range: $113,900 - $151,700 Company ... Prepare value engineering, cost option and cost strategy estimates * Prepare independent post ...

QTS Realty Trust, Inc.

Cost Control Manager

Chicago, IL · On-site

$113K - $173K/yr

The Cost Control Manager is responsible for managing construction budgets from project inception ... Mentor and support growth of internal Cost Engineers. BASIC QUALIFICATIONS * Bachelor's degree in ...

AtkinsRéalis

Data Center Senior Cost Manager

Chicago, IL · On-site

$120K - $165K/yr

Bachelor's degree in Construction Management, Quantity Surveying, Engineering, or a related field ... Strong foundation in budgeting, financial reporting, cost control systems and software. * Excellent ...

SNC-Lavalin

Data Center Senior Cost Manager

Chicago, IL · Hybrid

$120K - $165K/yr

Bachelor's degree in Construction Management, Quantity Surveying, Engineering, or a related field ... Strong foundation in budgeting, financial reporting, cost control systems and software. * Excellent ...

QTS Realty Trust

Cost Control Manager

Chicago, IL · On-site

$114 - $174/hr

Mentor and support growth of internal Cost Engineers. BASIC QUALIFICATIONS Bachelor's degree in construction management, financing, or accounting; or relevant professional experience. Advanced ...

Rangen LLC

Senior Cost Analyst

Chicago, IL · On-site

$110K - $120K/yr

The Senior Cost Analyst is responsible for end-to-end product costing, margin analysis, and ... inventory control, and continuous improvement efforts. Key Responsibilities and Deliverables ...

Rangen LLC

Senior Cost Analyst

Chicago, IL

$110K - $120K/yr

The Senior Cost Analyst is responsible for end-to-end product costing, margin analysis, and ... inventory control, and continuous improvement efforts. Key Responsibilities and Deliverables ...

Rangen Group

Senior Cost Analyst

Chicago, IL · On-site

$110K - $120K/yr

The Senior Cost Analyst is responsible for end-to-end product costing, margin analysis, and ... inventory control, and continuous improvement efforts. Key Responsibilities and Deliverables ...

Meds

Senior Cost Accountant

Chicago, IL

$84K - $104K/yr

We are seeking an analytical, detail-oriented Senior Cost Accountant to join our Accounting/Finance ... You will also have the opportunity to introduce a cycle count process for inventory control. You ...

New

Meds

Senior Cost Accountant

Chicago, IL

$84K - $104K/yr

We are seeking an analytical, detail-oriented Senior Cost Accountant to join our Accounting/Finance ... You will also have the opportunity to introduce a cycle count process for inventory control. You ...

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Senior Cost Control Engineer information

See Chicago, IL salary details

$46.9K

$100K

$143.7K

How much do senior cost control engineer jobs pay per year?

As of Aug 23, 2026, the average yearly pay for senior cost control engineer in Chicago, IL is $99,973.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,400.00 and $117,400.00 per year, depending on experience, location, and employer.

What does a senior cost control engineer do?

A Senior Cost Control Engineer is responsible for overseeing and managing the budgeting, cost estimation, and financial tracking of engineering or construction projects. They analyze project costs, prepare detailed reports, and ensure that project expenditures remain within approved budgets. Their role also involves identifying cost-saving opportunities, forecasting future costs, and advising project managers on financial matters to support effective decision-making. By maintaining close oversight of project finances, they help ensure projects are completed on time and within budget.

What are the key skills and qualifications needed to thrive as a senior cost control engineer?

To thrive as a Senior Cost Control Engineer, you need a solid background in engineering, cost estimation, budgeting, and financial analysis, typically supported by a degree in engineering or construction management. Expertise with cost management software such as Primavera, SAP, or Oracle, and relevant certifications like CCP (Certified Cost Professional) are often required. Strong analytical thinking, attention to detail, and effective communication skills help you collaborate with multidisciplinary teams and present complex financial data clearly. These competencies are crucial for maintaining project profitability, ensuring accurate financial forecasting, and supporting decision-making in large engineering or construction projects.

What are some common challenges faced by a senior cost control engineer in large-scale projects?

A Senior Cost Control Engineer often faces challenges such as managing complex budgets across multiple project phases, ensuring cost estimates remain accurate amidst scope changes, and coordinating with various departments to gather timely financial data. Balancing the need for detailed reporting with project deadlines can also be demanding. Effective communication and proactive risk assessment are essential to address cost overruns and maintain project profitability.

What are the most commonly searched types of Cost Control Engineer jobs in Chicago, IL?

The most popular types of Cost Control Engineer jobs in Chicago, IL are:

What are popular job titles related to Senior Cost Control Engineer jobs in Chicago, IL?

For Senior Cost Control Engineer jobs in Chicago, IL, the most frequently searched job titles are:

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The top searched job categories for Senior Cost Control Engineer jobs in Chicago, IL are:

Senior Cost Control Engineer jobs near you
Infographic showing various Senior Cost Control Engineer job openings in Chicago, IL as of August 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 94% In-person, and 6% Remote job distribution, with an average salary of $99,973 per year, or $48.1 per hour.

Senior Cost Engineer - Oil & Gas Pipeline

Turner & Townsend

Whiting, IN • On-site

Full-time

Posted 5 days ago

Job description

Company Description
Turner & Townsend is a global professional services company with over 22,000 people in more than 60 countries.
Working with our clients across real estate, infrastructure, energy and natural resources, we transform together delivering outcomes that improve people's lives. Working in partnership makes it possible to deliver the world's most impactful projects and programmes as we turn challenge into opportunity and complexity into success.
Our capabilities include programme, project, cost, asset and commercial management, controls and performance, procurement and supply chain, net zero and digital solutions.
We are majority-owned by CBRE Group, Inc., the world's largest commercial real estate services and investment firm, with our partners holding a significant minority interest. Turner & Townsend and CBRE work together to provide clients with the premier programme, project and cost management offering in markets around the world.
Job Description
Turner & Townsend is seeking a Senior Cost Engineer to support our Oil & Gas Pipeline client. This role requires a highly experienced, analytical, and strategic professional responsible for leading cost control activities, financial forecasting, budget management, and project performance reporting across a portfolio of capital projects. The Senior Cost Engineer will provide critical financial insights to project teams and leadership, ensuring the accuracy, completeness, and timeliness of all cost-related reporting while driving continuous improvement in cost management processes.
This individual will collaborate closely with project managers, finance teams, procurement, contractors, and key stakeholders to support decision-making, identify risks and opportunities, and ensure effective financial governance throughout the project lifecycle.
*Work in office as necessary (Whiting, IN)*
Responsibilities:
  • Lead project and portfolio cost control activities, ensuring alignment with approved budgets, forecasts, and company financial objectives.
  • Develop, manage, and maintain detailed project cost forecasts, cash flow projections, and variance analyses.
  • Monitor and analyze project financial performance, identifying trends, risks, opportunities, and corrective actions.
  • Prepare and present monthly cost reports, forecasts, and executive-level financial summaries to project teams and senior leadership.
  • Review and reconcile actual expenditures against forecasts and budgets, providing detailed explanations for variances.
  • Lead the preparation and analysis of project reporting metrics including VOWD, earned value, cash flow analysis, commitment tracking, PO headroom, and vendor invoice management.
  • Oversee invoice validation, cost allocation, and reconciliation activities within SAP.
  • Support project change management processes by evaluating cost impacts and maintaining accurate forecasting of approved and pending changes.
  • Collaborate with project managers, procurement teams, contractors, and finance partners to ensure cost accuracy and financial compliance.
  • Drive process improvements, standardization initiatives, and best practices related to cost engineering and project controls.
  • Mentor and provide guidance to junior cost engineers and project controls personnel as required.
  • Support internal and external audits and ensure compliance with SOX controls, corporate governance requirements, and established financial procedures.
  • Assist with annual budgeting, long-range planning, and project funding requirements.

Qualifications
  • Bachelor's degree in Accounting, Finance, Business Administration, Engineering, Construction Management, or a related field.
  • A minimum of 6 years of post-graduate experience in cost engineering, project controls, financial analysis, cost management, or a related role, preferably within Oil & Gas, Pipeline, Energy, Industrial, or large capital projects environments.
  • Demonstrated experience managing project budgets, forecasts, cost reporting, and financial performance for complex, multi-million-dollar projects or portfolios.
  • Advanced analytical, organizational, and project management skills with the ability to interpret complex financial data and provide actionable recommendations.
  • Strong understanding of project controls methodologies, including budgeting, forecasting, cost forecasting, change management, and variance analysis.
  • Excellent communication and presentation skills with the ability to effectively communicate financial and project performance information to project teams, senior leadership, and executive stakeholders.
  • Experience working in a fast-paced, dynamic environment while managing multiple priorities and deadlines.
  • Proven ability to lead cross-functional collaboration among project management, finance, procurement, and contractor teams.
  • Advanced proficiency in Microsoft Excel; experience with SAP and ECOSYS is required.
  • Experience with Power BI or other data visualization and business intelligence tools is highly preferred.
  • Ability to mentor junior team members and contribute to continuous improvement initiatives within project controls and cost management functions.

Additional Information
*On-site presence and requirements may change depending on our client's needs*
Our inspired people share our vision and mission. We provide a great place to work, where each person has the opportunity and voice to affect change.
We want our people to succeed both in work and life. To support this we promote a healthy, productive and flexible working environment that respects work-life balance.
Turner & Townsend is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees and actively encourage applications from all sectors of the community.
Please find out more about us at www.turnerandtownsend.com/ and https://www.heery.com/
All your information will be kept confidential according to EEO guidelines.
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It is strictly against Turner & Townsend policy for candidates to pay any fee in relation to our recruitment process. No recruitment agency working with Turner & Townsend will ask candidates to pay a fee at any time.
Any unsolicited resumes/CVs submitted through our website or to Turner & Townsend personal e-mail accounts, are considered property of Turner & Townsend and are not subject to payment of agency fees. In order to be an authorised Recruitment Agency/Search Firm for Turner & Townsend, there must be a formal written agreement in place and the agency must be invited, by the Recruitment Team, to submit candidates for review.

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