Jacobs Cost Engineer in Wayne, New Jersey

Cost Engineer


Position Summary

Intermediate level position. Has comprehensive understanding and application of principles, theories, concepts, and industry practices and standards. Performs substantial evaluation, analysis and modification of standard techniques, suggesting possible project programs to minimize costs or to adhere to budget restrictions. Works under general direction. May provide technical guidance to less experienced personnel.

The Project Controls Analyst provides oversight of purchasing and AP functions as it relates to capex execution, responsible for timely financial closeout of projects, reclass and accrual processing and reporting on capex performance.

  • Closeouts:

  • Make sure all POs are closed & invoices are vouched/paid

  • Reclass all balances from subaccount to main account before closeout

  • Identify the assets from FM, Po's issued & discuss with PM on asset name, physical location of asset, component & asset operation date

  • Draft the closeout form & review with PM & route for approvals

  • Ensure assets are tagged & associated to the asset

  • Send asset details to appropriate team & update budget accordingly

  • Reclass:

  • Reclass PM travel & expense to projects

  • Once assets are in operation, reclass WRM spend to ILS

  • Reclass of Project balances to projects based on % allocation & ensure projects do not overcommit

  • Accruals:

  • Review accrual forms & make sure required backup is attached

  • Check for open tax lines & accrue tax if required

  • Reporting:

  • Send monthly reports to capex administrators

  • Send YTD spend & CIP report to finance for posting

  • Ensure invoices, reclass, accruals are posted for the month/year

  • Review & report out on P2P compliance report

  • Send commit report & other reports as requested by PM’s

  • Other responsibilities:

  • Access database testing which involves resolving issues with data transfer to budget

  • As part of automating reports, testing of new budget spreadsheet

  • Provide oversight and a SME for POs, invoices, reclass, accruals

  • Monitor the budget for accurate commitments and spending

  • Maintenance of budget spreadsheet with adding/deleting projects for each location

  • Maintain projects in database as needed

  • Provide invoice/reclass/other information for audits

  • Ensure that project controls team meet monthly deadline

  • Train new members of project controls on Capex process & procedures


  • 4 years of experience is required

  • Some familiarity with the Operating Procedures for Project Controls is required

  • Knowledge and understanding of the scope of work for projects is required

  • Able to effectively communicate with project management, other project leads, and the client is required.

  • Exceptional planning and organizational skills is required

  • BA or BS is preferred

At Jacobs, we help prepare people for new opportunities and challenges. With positions at every level, openings in multiple disciplines, expertise in a range of markets and offices around the globe, we create an environment where you can learn, grow, and thrive. From our competitive benefits program to our Health and Safety initiative of Beyond Zero workplace injuries, we believe that you'll find a flourishing career here at Jacobs.

Jacobs is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, veteran status or other characteristics protected by law. Jacobs is a background screening, drug-free workplace.

Primary Location United States-New Jersey-Wayne

Req ID: ECR00002P