Cost Specialist

Project

The Woodfibre LNG Project is located approximately 7 km west-southwest of Squamish, British Columbia. It involves the construction and operation of a liquefied natural gas (LNG) export facility on the previous Woodfibre pulp mill site, which would have a storage capacity of 250,000 m3 and would produce approximately 2.1 million tons per year of LNG.

Woodfibre Management Ltd. is a privately held Canadian company based in Vancouver and a subsidiary of Pacific Energy Corporation Limited.

Position

We are seeking a detail-oriented and experienced Cost Specialist to join our project controls team. The ideal candidate will have a strong background in reviewing subcontractor costs , with specific expertise in Time & Material (T&M) contract structures. This role involves validating cost submissions, ensuring compliance with contract terms, identifying cost inefficiencies, and supporting commercial negotiations on projects across Canada.

Key Responsibilities :

The successful applicant will:

• Subcontractor Cost Review:

1. Review, analyze, and validate subcontractor cost submissions for accuracy and compliance with T&M contract terms.
2. Ensure claimed labor hours, equipment rates, and material costs are in line with contractual entitlements.
3. Verify support documentation such as timesheets, invoices, purchase orders, and equipment logs.

• Cost Control & Tracking:

1. Regular monitoring and tracking of committed and actual costs against budgets.
2. Prepare cost variance analyses and report on cost trends and deviations.
3. Work closely with the Project Controls team, Construction Management team and Procurement teams to maintain financial transparency.

• Contract Compliance:

1. Ensure subcontractor invoices align with contractual requirements including rate schedules, mark-ups, and reimbursable terms.
2. Support audits and cost reconciliations as needed.
3. Assist in change order evaluations and negotiation support from a cost perspective.

• Reporting & Communication:

1. Prepare regular cost reports and summaries for internal and external stakeholders.
2. Support project controls and finance teams with detailed cost insights.
3. Communicate findings and recommendations clearly and professionally to project stakeholders.
4. Collaborate and review with contractors and subcontractors to implement best practice on cost management.

Required Experience :

• Bachelor’s degree in Construction Management, Engineering, Finance, Quantity Surveying or related field.
• Minimum 5 years of experience in cost engineering or quantity surveying with a strong focus on subcontractor cost reviews under T&M contracts .
• Solid understanding of Canadian construction cost norms and contract structures.
• Familiarity with labor agreements, equipment rate books, and typical T&M claim components.
• Proficiency in Microsoft Excel is a must; experience with cost management systems (e.g., SAP, Prism, or similar) is an asset.
• Strong analytical, organizational, and communication skills.

Additional Requirements :

• Experience working with large multi-disciplinary teams and contractors in a multicultural environment is an asset.
• Accepts responsibility and demonstrates a commitment to the delivery of tasks and targets.
• Exceptional written and verbal communication skills.
• Ability to work well under pressure, handle multiple tasks, and change priorities within tight time frames.
• Ability to work collaboratively within a team environment.
• Expertise with a variety of computer programs (e.g., Office 365, MS teams, MS Visio, MS Projects, Teams, Adobe Acrobat, DocuSign etc.)
• Motivated and willing to take ownership of tasks.
• Energetic in pursuit of continuous improvement processes.
• Shares knowledge readily and encourages personal development.
• A valid driver’s license and passport.
• Must be legally entitled to work in Canada.

• The position is based in Vancouver Office in with a visit to the Site Project as required.