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Cost Engineer

Remote

About the Organization 

Colovore is the leader in ultra-high-density, liquid-cooled AI colocation data centers for the deployment of AI inference, SuperPod, and AI factory applications and solutions. With facilities featuring power densities of 17-500+ kilowatts per cabinet, we are expanding quickly and building a national footprint of modern, hyper-efficient, high-density data centers to serve F500 enterprises and startups. The company was acquired by King Street in 2024, who provides real estate development expertise and secured $925 million funding to accelerate its national expansion. Join our team and play a critical role as we scale for rapid growth. You can be a game-changer at Colovore. 

Role Overview 

The Cost Engineer plays a critical role in ensuring financial discipline across Colovore’s data center development projects. This individual will be responsible for cost planning, tracking, forecasting, and reporting across the full project lifecycle—from early-stage budgeting through construction and project closeout. 

You will partner closely with Construction, Finance, Procurement, and Development teams to provide accurate cost insights, identify risks and opportunities, and support data-driven decision-making in a fast-paced, high-growth environment. 

Key Responsibilities 

Cost Planning & Estimation 

  • Develop and maintain detailed project budgets, including conceptual, design, and construction-phase estimates 
  • Support feasibility analysis with cost inputs for new site development and expansion opportunities  
  • Benchmark costs across projects and markets to improve forecasting accuracy  

Cost Control & Reporting 

  • Track project forecast to actual against budget and provide regular variance analysis 
  • Maintain cost reports, dashboards, and forecasting tools for active projects  
  • Monitor commitments, expenditures, and accruals to ensure financial accuracy  

Change Management 

  • Review and evaluate change orders for accuracy, completeness, and alignment with scope 
  • Partner with Construction and Procurement teams to validate pricing and negotiate cost impacts where needed 
  • Track and report on change order trends and risks  

Forecasting & Risk Management 

  • Develop and maintain project cost forecasts, identifying risks and opportunities early 
  • Perform scenario and sensitivity analyses (schedule delays, material cost changes, design shifts)  
  • Highlight potential budget overruns and recommend mitigation strategies  

Cross-Functional Collaboration 

  • Partner with Construction, Finance, Procurement, and Design teams to ensure alignment on cost assumptions and reporting 
  • Support monthly and quarterly financial reporting processes  
  • Contribute to continuous improvement of cost management tools, templates, and processes 

Key Skills 

  • Strong financial modeling and cost analysis capabilities 
  • Deep understanding of construction cost structures and project lifecycles  
  • High attention to detail with strong organizational skills  
  • Ability to synthesize complex data into clear, actionable insights  
  • Strong stakeholder communication and cross-functional collaboration  
  • Proficiency in Excel (advanced), and familiarity with cost management or ERP tools 

Required Experience 

  • 3–7+ years of experience in cost engineering, project controls, construction finance, or similar roles 
  • Experience supporting large-scale construction or infrastructure projects (data centers, industrial, or commercial preferred)  
  • Familiarity with budgeting, forecasting, and change order management processes  
  • Bachelor’s degree in Engineering, Construction Management, Finance, or a related field  
  • Experience working in fast-paced, high-growth environments is a plus 

What Success Looks Like 

  • Projects are delivered with accurate, reliable cost forecasts and minimal budget surprises 
  • Cost reporting is timely, clear, and trusted by cross-functional stakeholders 
  • Risks and cost overruns are proactively identified and mitigated early 
  • Strong partnership with Construction and Finance enables better, faster decision-making 

Why You’ll Love Working at Colovore

At Colovore, we believe great work happens when people feel supported, trusted, and empowered. We offer a competitive and thoughtful benefits package designed to support your health, growth, and life outside of work, including:

  • Competitive compensation with opportunities for growth and advancement
  • Comprehensive health benefits (medical, dental, and vision)
  • Unlimited Paid Time Off (PTO) to support flexibility, rest, and work-life balance
  • 10 paid company holidays and paid sick leave
  • 401(k) plan with company participation
  • Professional development opportunities and learning support
  • Collaborative, inclusive culture where your work makes a real impact

If you’re excited to build meaningful infrastructure, solve complex challenges, and grow with a team that values both performance and people, we’d love to hear from you.

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