Senior Cost Engineer (FRTP)

Salary Range:

The salary range for this position is $101,000 to $139,000. The final offer will be determined based on the successful candidate’s skills, experience, and internal equity considerations. Please note that the offer may fall anywhere within the posted range and is not necessarily at the top end.

About Us:

Transportation Investment Corporation (TI Corp) is a public crown corporation dedicated to delivering major infrastructure projects in British Columbia on behalf of the Ministry of Transportation and Infrastructure. With over $19.5 in major infrastructure developments, we are committed to upholding the highest standards of construction oversight.

Why Join Us:

At TI Corp, you’ll be part of a dynamic and innovative team driving transformative infrastructure projects that make a real difference in communities. We pride ourselves on fostering a collaborative and inclusive work culture where your ideas are valued. Enjoy competitive compensation and comprehensive benefits, along with opportunities for professional growth and development. Here, your contributions will not only shape your career but also the future of our infrastructure landscape. Join us and be a part of something impactful!

Overview:

This position supports cost tracking, budgeting, and forecasting activities for assigned work packages or cost accounts within a larger infrastructure program. This role maintains accurate cost records, assists with variance analysis, and helps ensure cost data stays aligned with the schedule and overall project budget.

What We Offer:

• Vacation starts at five weeks and with an additional one day per year of service to a maximum of six weeks.
• TI Corp is dedicated to professionally growing staff and building internal capacity, through mentorship, active succession planning, learning and development financial assistance, and membership dues.
• Extended health and dental benefits plus a $1000 Health Spending Account annually.
• We are part of the BC Public Sector Pension Plan – if you join us from other Public Service or Public Sector organizations who are part of this pension plan, your pension will continue seamlessly.
• Hybrid work arrangement with the ability to work from home one day a week following an orientation period.
• Top-up allowance for maternity and parental leave.
• Free travel insurance for full-time employees.
• Transit subsidy program.

Key Accountabilities:

• Leads the development, implementation, and maintenance of project cost management systems, processes, and controls across all phases of the project lifecycle.
• Develops and maintains project budgets, cost baselines, control accounts, cost breakdown structures (CBS), and work breakdown structures (WBS) to support effective project cost control.
• Monitors, analyzes, and reports on project costs, commitments, accruals, invoices, actual expenditures, and forecasts performance against approved budgets.
• Leads the preparation and monthly update of Estimate at Completion (EAC), Estimate to Complete (ETC), incurred cost reports, cash flow forecasts, and long-range project financial forecasts.
• Performs cost variance analysis, trend analysis, and forecasting to identify risks, opportunities, and potential cost overruns, recommending mitigation and recovery strategies.
• Supports and administers Earned Value Management (EVM) processes, including performance measurement, CPI/SPI analysis, productivity assessments, and project performance reporting.
• Leads the evaluation and quantification of cost impacts associated with change orders, contract amendments, trends, claims, and scope changes.
• Coordinates with project management, engineering, construction, procurement, scheduling, finance, and commercial teams to ensure alignment between cost, schedule, and project performance objectives.
• Develops and maintains executive-level cost reports, dashboards, KPIs, forecasting packages, and financial presentations for project leadership and stakeholders.
• Utilizes advanced Power BI, Excel, and data analytics tools to develop automated reporting dashboards, forecast models, trend analysis reports, and project performance metrics.
• Analyzes and report incurred costs, commitments, funding requirements, contingencies, and forecast spending to support strategic decision-making.
• Reconciles project cost information between project controls systems, ERP/accounting systems, contractor reporting, and financial records to ensure data accuracy and integrity.
• Supports audits, assurance reviews, governance requirements, and financial reporting by maintaining accurate supporting documentation and cost records.
• Provides technical leadership, mentoring, and guidance to junior cost engineers, analysts, and project controls personnel.
• Facilitates cost review meetings, forecast workshops, risk reviews, and management reporting sessions with project stakeholders.
• Promotes best practices in cost engineering, forecasting, reporting, and project controls while supporting continuous improvement initiatives.
• Communicates complex cost and financial information effectively to project teams, management, executives, and external stakeholders.
• Supports organizational sustainability objectives and assist in identifying and reporting cost impacts associated with carbon reduction and sustainability initiatives.

Qualifications:

• Minimum 10 years of experience in cost engineering, project controls, or project cost management on major infrastructure, transportation, energy, or capital projects.
• Demonstrated experience in cost forecasting, incurred cost reporting, EAC/ETC development, cash flow forecasting, and Earned Value Management (EVM).
• Advanced proficiency in Power BI, Microsoft Excel, and project controls reporting systems, including dashboard development and data visualization.
• Strong analytical, leadership, communication, stakeholder management, and team collaboration skills.
• Experience supporting executive reporting, project governance, risk management, and strategic project decision-making.

Additional Requirement:

• You must be legally authorized to work in Canada.
• An offer of employment is conditional upon the completion of an acceptable current criminal record check.

Note:

• Collection Notice: Your personal information is collected from LinkedIn by Transportation Investment Corporation (TI Corp) pursuant to 26(c), 26(e), and 27(1)(a)(i) of the Freedom of Information and Protection of Privacy Act for the purpose of TI Corp recruitment. This includes information you provide through LinkedIn, as well as information about you that is generated by LinkedIn, such as your connections to other TI Corp employees on LinkedIn, how well the skills you have identified on LinkedIn match our job requirements, and what other TI Corp jobs you have applied for on LinkedIn By proceeding, you are authorizing TI Corp to indirectly collect this information. If you have any questions about the collection of your personal information, please contact the Privacy Officer at privacy@ticorp.ca.