Intel Corporation

Project Cost Engineer

Intel Corporation  •  State of Israel (Onsite)  •  5 hours ago
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Job Description

Project Cost Engineer position will oversee and support construction projects' cost controls functions in Intel Lachish Campus including cost engineering charter on all Base build and Progressive Build capital programs

Job Responsibilities

  • Lead overall project cost management in partnership with project teams, ensuring alignment across engineering, construction, procurement, scheduling, and finance to deliver projects at the optimal cost to Intel.
  • Manage construction cost reporting and total project forecast accuracy throughout design and construction phases.
  • Manage commits, spend, expense/OCOs forecasting, including POR, LRP, and ad hoc business forecasts.
  • Own monthly and quarterly project financial close deliverables.
  • Manage project commit execution.
  • Lead the CPA funding process to ensure adequate project funding for execution.
  • Oversee cost change control, risk management, and construction scope governance.
  • Establish project cost control plans and contractual requirements for assigned projects.
  • Oversee third-party support across cost engineering and forecasting functions.
  • Partner with ECM and third-party QS firms to validate commits and support cost reasonableness and forecast accuracy.
  • Maintain project cost tracking at the Intel WBS/IUWBS level.
  • Ensure financial data accuracy through schedule integrity and strong project controls foundations, including contracts, design, BIM, and supporting data.

Qualifications:

Education: Bachelor's degree in Construction Management, Engineering, Finance, Quantity Surveying, Management , or other related fields of study.

Experience: 2 to 3+ years of experience in cost engineering, construction estimating, project management, design engineering, or other related fields.

Qualifications:

  • Knowledge and experience of Construction project from initial what if stage to project close out.
  • Strong analytical skills: Ability to analyze complex construction cost data, identify trends, evaluate risks and opportunities, validate estimates, and translate large volumes of technical and financial information into actionable insights that support accurate forecasting, cost control, and informed project decision-making.
  • Excellent communication skills: Ability to clearly communicate complex cost, schedule, and technical information to diverse stakeholders, influence decision-making through concise insights, and foster effective collaboration across project, engineering, construction, and leadership teams. Ability to support dynamic environment that construction projects are normally operated.
  • Leadership and Stakeholder management skill to work with both Internal and external stakeholders including suppliers, internal customer/factory.
  • Business Acumen: Ability to understand the broader business, operational, and financial impacts of project decisions, balancing cost, schedule, risk, and strategic objectives to optimize value for Intel while enabling successful project execution and enterprise outcomes.
  • Excellent English written and verbal skills are required
  • Location: Intel Kiryat Gat. Project Management Building (LC24). Site presence of 4 days a week is required

Job Type

Experienced Hire

Shift

Shift 1 (Israel)

Primary Location

Israel, Kiryat-Gat

Additional Locations

Posting Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, religious creed, sex, national origin, ancestry, age, physical or mental disability, medical condition, genetic information, military and veteran status, marital status, pregnancy, gender, gender expression, gender identity, sexual orientation, or any other characteristic protected by local law, regulation, or ordinance.

Position of Trust

N/A

Work Model for this Role

This role will require an on-site presence. * Job posting details (such as work model, location or time type) are subject to change.

Intel Corporation

About Intel Corporation

Our mission is to shape the future of technology to help create a better future for the entire world, that’s the power of Intel Inside. With more ingenuity and creativity inside, our work is at the heart of countless innovations. From major breakthroughs to things that make everyday life better— they’re all powered by Intel technology. With a career at Intel, you can help make the future more wonderful for everyone.

Industry
Hardware & Semiconductors
Company Size
10,000+ employees
Headquarters
Santa Clara, California
Year Founded
Unknown
Website
intel.com
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