Cost Manager, PMO

TerraPower is a nuclear technology company based in Bellevue, Washington. At its core, the company is working to raise living standards globally through a more affordable, secure, and environmentally friendly form of nuclear energy along with innovations in medical isotopes to improve human health. In 2006, TerraPower originated with Bill Gates and a group of like-minded visionaries who evaluated the fundamental challenges to raising living standards around the world. They recognized energy access was crucial to the health and economic well-being of communities and decided that the private sector needed to take action and create energy sources that would advance global energy deployment. TerraPower’s mission is to be a world leader in new nuclear technologies, while developing innovators and future leaders in the nuclear field. As a result, the company’s activities in the fields of nuclear energy and related sciences are yielding significant innovations in the safety and economics of nuclear power, hybrid energy and medical applications – all for significant human health benefits.”

TerraPower is seeking to hire highly motivated and forward-thinking professionals who are interested in focusing on advanced nuclear reactor research and development and influencing change within the nuclear power landscape and bringing forward the critical production of medical isotopes. TerraPower is an Equal Opportunity Employer. We do not discriminate in hiring on the basis of sex, gender identity, sexual orientation, race, color, religious creed, national origin, physical or mental disability, protected Veteran status, or any other characteristic protected by federal, state, or local law.

Cost Manager, PMO

TerraPower is seeking a highly skilled Cost Manager in the Project Management Office (PMO) with subject matter expertise in estimating, cost management, and risk management. This position will be an integral part of the PMO, supporting and improving oversight of multiple advanced nuclear projects, including the Natrium advanced reactor project.

The Cost Manager leads the cost estimating, budget control, and risk management functions within the PMO. This role ensures project cost data integrity, provides insights on cost performance, and oversees risk management to support successful project delivery.

Responsibilities:

Develop and oversee project cost baselines, budgets, and forecasts.

Lead the preparation of detailed cost estimates and facilitate cost benchmarking activities.

Track and report on cost performance, including Cost Performance Index (CPI) metrics.

Manage risk analyses, mitigation strategies, and risk trending.

Collaborate with project teams to assess and manage cost impacts of change requests.

Standardize cost management tools, templates, and processes for consistency across the organization.

Provide mentorship and training to estimators, cost engineers, and risk managers.

Key Qualifications and Skills

10+ years of experience in cost management, estimating, and risk analysis.

Proficiency in cost management tools (e.g., COBRA).

Experience planning, executing, or control of a first-of-a-kind project exceeding $100M in budget, spanning multiple years, and involving multi-disciplinary teams of 100+.

Familiarity with scheduling tools such as Primavera P6 and Microsoft Project.

Expertise in Earned Value Management (EVM) principles and practices.

Risk management skills and experience executing risk management plans.

5+ years managing staff in cost management, risk management, or project controls.

Strong analytical and problem-solving skills with the ability to interpret complex data.

Excellent communication and collaboration skills to interact with stakeholders.

Experience with advanced nuclear projects (preferred).

The successful candidate will possess a high degree of trust and integrity, communicate openly and display respect and a desire to foster teamwork.

Bachelor’s degree in engineering, business, or related field from an accredited, four-year university or equivalent experience.

Job Functions:

Job Functions are physical actions and/or working conditions associated with the position. These functions may also constitute essential functions for the job which the employee must be able to fulfill, with or without accommodation. Information provided below is to help describe the job so that the applicant has a reasonable understanding of the job duties/expectations. An applicant's ability to perform and/or tolerate these actions and conditions will be discussed and workplace accommodations may be made on a case-by-case basis following an individualized assessment of the applicant and other considerations, including but not limited to any governing safety standards.

Motor Abilities: Sitting for extended periods, bending/stooping, grasping/gripping, fine motor control (hands)

Physical exertion and/or requirements: Minimal, with ability to safely lift up to 25 pounds.

Repetitive work: Prolonged

Special Senses: Visual and audio focused work

Work Conditions: Stairs, typing/keyboard, standard and/or sitting working environment of >8 hours/day

Travel required 0-10%

TerraPower’s technology is controlled for export by various agencies of the U.S. Government. TerraPower must evaluate applicants who are foreign nationals (other than asylees, refugees, or lawful permanent residents) in accordance with U.S. Government export control requirements. To facilitate TerraPower’s export control reviews, you will be asked as part of the application process to identify whether you are a U.S. Citizen or national, asylee, refugee, or lawful permanent resident of the United States. Government export authorization approval times vary. Based on the business needs for a particular position, TerraPower may not consider a foreign national from a country if it is impracticable to obtain timely Government export approval.

Job details

Salary Range: $163,423.92 – $217,898.56

Any salary offered within the posted salary band is based on market data and commensurate with the selected candidate’s qualifications and experience. This range is specific to Washington State.

Benefits:

Competitive Compensation

Salary, eligible to participate in discretionary short-term incentive payments

Comprehensive Medical and Wellness Benefits

Medical

Vision

Dental

Life and Disability

Gender Affirmation Benefits

Parental Leave

401k Plan

Generous Paid Time Off (PTO)

21 days of annually accrued PTO

Generous Holiday Schedule

10 paid holidays

Relocation Assistance

Professional and Educational Support Opportunities

TerraPower Career and Benefits information: https://www.terrapower.com/contact-us/careers/