Budget Manager

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AECOM is seeking a Budget Manager for our Baltimore, MD office to support B&P Tunnel Replacement (BPTR) Program, among other project opportunities available at AECOM.

AECOM is the delivery partner for Amtrak on the BPTR Program that will upgrade a ten-mile section of the Northeast Corridor (NEC), America’s busiest passenger rail line. The delivery partner team is responsible for supporting Amtrak with overseeing the full breadth of the program. The scope of services includes program management, design oversight, construction oversight, commissioning oversight, program controls, and commercial and capacity building.  The Program will also include delivery of new roadway and railroad bridges, new rail systems and track, and a new ADA-accessible West Baltimore MARC station.

The ideal candidate will have extensive experience in large-scale rail, transit, transportation, or heavy civil infrastructure programs executing budget management activities in coordination with the Program Controls Lead, the Program Planning Manager, designers, project engineers, construction oversight management team, and finance team.

The responsibilities for this position include but are not limited to:

• Manage and oversee overall program budgets, accruals, actual costs, forecasts, and cost contingency.
• Collects and report out on budgets, Commitments, actuals, incurred, contingency, and forecast costs.
• Work with project management to complete projects within the allocated budget.
• Identify cost-saving opportunities and mitigate financial risks in coordination with the risk management team.
• Maintain the cost control system and ensure cost management procedures remain current, consistently applied, and followed.
• Analyze cost data to identify trends and discrepancies.
• Collect cost impacts for potential changes and implement changes upon approval.
• Manage contractor invoice reviews to confirm compliance with contractual financial requirements.
• Oversee the cost management team to ensure alignment and support is being provided across the program appropriately and effectively.
• Develop, maintain, and improve cost management processes, procedures, guidelines, and templates.
• Maintain Project Management Information System (PMIS) Cost Control Module.
• Oversee coordination with the Commercial team to maintain alignment between the PMIS Cost Controls and Contracts modules.
• Work with Schedule group to develop and maintain Time-Phases forecasts in alignment with the Master Program Schedule and Contractor cost-loaded schedules.
• Support the Change Management process by collecting cost impacts for potential changes.
• Manage the monthly reporting process by leading Cost Reporting at the Program-level including developing and presenting variance analysis.
• Work closely with Client Finance Group
• Participate in project meetings and communicate budget issues, trends, and risks to management.
• Collaborate with project controls, finance, and accounting teams to support forecasting, accruals, and budget reconciliation activities.

Minimum Requirements:

• Bachelor's degree in Accounting, Finance, Business Administration, Management, Construction Management, Accounting or a related field.
• Ten (10) years of experience managing budgets or demonstrated equivalency of experience and/or education.
• Experience with construction contracts, billing procedures, payment processes, and compliance requirements.
• Experience reviewing contractor payment applications and supporting documentation.
• Experience utilizing strong analytical skills and exceptional attention to detail.
• Experience with Microsoft Office Suite, particularly Excel, Word, and Outlook
• Experience managing multiple priorities while working effectively both independently and within a collaborative project team environment.

Preferred Requirements:

• Fifteen (15) plus years of experience
• Two (2) years managing budgets for major programs
• Certification in Construction Management (CCM), Project Management (PMP), or related discipline.
• Experience with construction budget management, project controls, or contract management platforms.
• Experience supporting large-scale transportation, transit, or infrastructure construction programs.
• Experience reviewing schedules of values (SOVs), change orders, and progress payment applications.
• Knowledge of federal grant-funded project requirements and documentation standards.
• Experience demonstrating strong organizational and team management skills.
• Experience working with project management information systems (PMIS), SharePoint, and electronic document control systems.

• Sponsorship for US employment authorization is not available now or in the future for this position
• Adherence to BPTR Program policies is mandatory.
• Relocation allowance is an option for this position

At AECOM, we are committed to maintaining a secure and trustworthy recruitment process and take any fraudulent hiring activity seriously. To support this commitment, all newly hired employees are required to attend an in-person Day 1 onboarding at an AECOM office location as a condition of employment.

About AECOM 

AECOM is proud to offer comprehensive benefits to meet the diverse needs of our employees. Depending on your employment status, AECOM benefits may include medical, dental, vision, life, AD&D, disability benefits, paid time off, leaves of absences, voluntary benefits, perks, flexible work options, well-being resources, employee assistance program, business travel insurance, service recognition awards, retirement savings plan, and employee stock purchase plan. 

AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com. 

What makes AECOM a great place to work 

You will be part of a global team that champions your growth and career ambitions. Work on groundbreaking projects - both in your local community and on a global scale - that are transforming our industry and shaping the future. With cutting-edge technology and a network of experts, you’ll have the resources to make a real impact. Our award-winning training and development programs are designed to expand your technical expertise and leadership skills, helping you build the career you’ve always envisioned. Here, you’ll find a welcoming workplace built on respect, collaboration and community—where you have the freedom to grow in a world of opportunity. 

As an Equal Opportunity Employer, we believe in your potential and are here to help you achieve it. All your information will be kept confidential according to EEO guidelines.