Senior Cost Specialist


About this role

About this role

We’re hiring a Senior Cost Specialist for our client to join their team! This is a full-time permanent opportunity where you will be responsible for developing robust cost management systems, including cost reporting structure, forecasting, planning, cost analysis, reporting, system’s interface, change management, risk & contingency management.


  • Develop, implement, and maintain formalized project cost management systems and processes to deliver infrastructure projects more effectively.
  • Develop budgeting, forecasting, tracking, analysis, and reporting protocols for all project related costs (using Earned Value & other methodologies).
  • Develop project specific Controls’ strategies that aligns with overall strategy & processes.
  • Implement best-practice processes and systems for project cost forecasting, reporting, analysis and management.
  • Working closely with the Accounting department and Intermediate Capital Project Accountant, ensure accurate capturing of project costs in system of record, including effective coding by projects, contracts, work breakdown structures, etc.
  • Coordinate with contractors, Accounting, and other project team members to ensure the timely payment of project costs.
  • Control project costs through proactively managing cost changes and ensuring that changes to the baseline are conducted through auditable control processes.
  • Provide monthly reporting of project performance and cost variance to program/project owners, senior management, board of directors and other key stakeholders.
  • Assess overall completeness and accuracy of project cost estimates at various stages of project life cycle, including adequacy of total estimated costs to completion.
  • Work closely with program/project owners, identify and support the realization of cost optimization opportunities.
  • Provide ad-hoc cost analysis and decision support as needed.
  • Manage financial closeout process for major capital projects.
  • Support the process to develop Business Cases to support the organization’s decision process for large capital transactions, including consideration of alternative approaches, analysis of key risks, and development of mitigations where optimal.
  • Assist managers delivering capital projects and programs to control costs through the provision of accurate, complete, and timely capital project cost management information and required variance analysis and assist in the formulation of follow-up action plans.
  • Assist delivery managers with the development of project cost estimates and updated budgets and forecasts.
  • Advise on the development of key internal controls and effective project controls policies and procedures, as required.
  • Participate as a member of various inter-departmental teams in the planning, implementation and management of business initiatives.
  • Propose improvement initiatives by analyzing and evaluating systems to recommend, design or implement changes to be more efficient and effective.
  • Support program/project owners to manage cost risks (including performing quantitative risk analysis), contingency and spending approvals, and provide them with information and guidance to efficiently manage the project’s costs
  • Participate in the risk management process over projects by maintaining respective project risk registers and facilitating workshops
  • Participate in risk analysis and identify high-risk issues that may impact project success and recommends solutions.
  • Perform other assigned duties as required.




  • A Bachelor’s degree in Business Administration or Engineering.
  • Minimum of 5 years of Project Controls EPCC (Engineering, Procurement, Construction, and Commissioning) experience on major projects of at least $200 million.
  • Preferably experience working in the industrial sector, such as oil and gas, mining, transportation, or power generation.
  • Commercial experience, including contracts and procurement is required.
  • Strong interpersonal skills with a collaborative style.
  • Proficient computer skills, especially Excel, Access, PowerPoint, and working knowledge in any of the Project Controls related software like Prism, Primavera P6, SAP, Oracle (and Oracle JDE)
  • Has the demonstrated ability to create, build and develop new systems and processes to support cost management of major projects.
  • Able to collaborate with peers in other departments to collect information, support their needs for accurate information & analyses, and provide technical expertise on cost management.
  • Brings a constant process improvement mindset.
  • Excellent, written and verbal communication skills, presentation skills, influencing skills and analytical thinking.



Why work with Brunel? We are proud to offer exciting career opportunities from over 100 offices globally in 42 countries. Advancing your career takes time and effort – let us match you to your ideal position.

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Application process


We carefully review your application and in the coming weeks, you will be notified for an interview session if you are selected. Only shortlisted candidates will be contacted within 7 days.


After being shortlisted, you will be contacted via email or telephone to arrange for a date on your availability for the qualification interview.


During the interview, you will be assessed on your level of experience and skills, work history, availability, and the qualifications the company is seeking for the position.


After successfully making through the phone interview, a face to face interview will be scheduled between the candidate and recruiter. This session can be a more in-depth interview to review your communication and interpersonal skills.


Submission of candidates resume for client’s approval and screening.

Start applying immediately

Start applying immediately

Sending an application is quick and easy. Just make sure you have the required documents ready to go.

  • Certifications (optional)
  • Job references (optional)
  • Motivation Letter (optional)
  • Resume
Apply now

Any questions remaining?

Your consultant, Gultchan Chevket is happy to clarify anything about this vacancy. When reaching out, use the pub number:

Account manager

Gultchan Chevket
Brunel Canada - Toronto

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