A Cost Engineer oversees project finances by developing budgets, preparing cost estimates, and managing expenses to support profitability.
They assess risks, track project progress, and generate detailed financial reports.
**General Responsibilities**
- Development of comprehensive project budgets and advanced cost models, ensuring accuracy and alignment with complex technical drawings and specifications.
- Handles the review of drawings and specifications, and provide expert guidance in the preparation of high-level cost estimates and strategic bid packages.
- Establish, track, and ongoing maintenance of project budgets and forecasts, ensuring robust financial controls across multiple projects.
- Monitor and analyze presente project expenditures versus approved budgets, identify significant variances, and implement corrective strategies to optimize financial performance.
- Lead project cost forecasting and conduct in-depth cost-benefit analyses to inform executive decision-making and strategic planning.
- Handles the preparation of advanced cost performance reports and present key financial insights to project managers and senior leadership.
- Identify and evaluate major cost risks, manage substantial contingency funds, and develop and implement sophisticated risk mitigation strategies.
- Lead the analysis and negotiation of supplier contracts, high-value quotes, and complex change orders to ensure cost efficiency and compliance.
- Handles the maintenance of comprehensive project documentation, cost databases, and historical data,



ensuring data integrity and accessibility for future projects.
- Develops high-level communication with project teams and stakeholders to resolve complex budget discrepancies and ensure strict adherence to organizational standards and best practices.
**Experience / Qualifications**
- Relevant work experience or knowledge of the role
- Must be a team player able to work in a fast-paced environment with demonstrated ability to handle multiple competing tasks and demands
- Strong communication skills; oral, written and presentation
- Strong organization, planning and time management skills to achieve results
- Strong personal and professional ethical values and integrity
- Holds self-accountable to achieving goals and standards
- Proficient in Microsoft Office programs (Outlook, Word, PowerPoint, and Excel)
- Strong interpersonal & collaboration skills to work effectively with all levels of the organization including suppliers and/or external customers
Lead cost reduction workshops to generate ideas.
LI-IO1
**Smarter**Together**:
- Collaborating at Sensata means working with some of the world's most talented people in an **enriching environment**that is constantly pushing towards the next best thing
- Employees work across functions, countries and cultures gaining **new perspectives**through mutual respect and open communication
- As OneSensata, we are working together to make things work together
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📌 Sr. Cost Engineer (Aguascalientes)
🏢 Sensata Technologies
📍 Aguascalientes