Job Description

Senior Cost Engineer

The successful candidate will have proven cost engineering experience with complex, multi phase, multi-million-dollar construction and/or renovation projects. The general job duties include: Prepares detailed computer generated cost reports, charts and diagrams; Provides analysis and review of cost/budget expenditure and maintains cost control reports; Promptly reports anticipated cost overages or other unsatisfactory cost elements; Maintains liaison with Data Processing in developing support for network calculations, printouts and cost reports, and other cost related services.

Key Identifiers for the Position:

• Demonstrated experience managing and reporting the cost components of large scale, complex projects; including developing and managing a progress reporting methodology for a complicated design effort. Experience with Progressive GMPs, Design-Build and Construction Management at Risk delivery methods is desirable.
• Demonstrated ability to understand technical and complicated construction programs and the ability to communicate progress to both technical- and management-level personnel. Ability to work with others, a self-starter with results-driven focus.

Essential Job Duties:

• Monitor project budgets for the multi-billion-dollar Capital Improvement Program at Los Angeles World Airports.
• Review and analyze sub-contractor invoices, ensuring expenditures are accurately incurred against appropriate Schedule of Values accounts
• Prepares job costing reports to allocate these expenditures against the appropriate WBS numbers. Ensure that both commitments and expenditures follow the same allocation methodology.
• Perform cost-to-complete analysis for all cost elements within a project taking into consideration staffing plans, contract commitments, and expenditures to date, change orders and trends.
• Attend project meetings to provide Project Management with current financial information and trend log regarding potential impacts to project budget or forecast.
• Provide progress reporting documents and briefing materials as required.
• Develop creative reporting tools to communicate complex project sequencing and/or progress assessments.
• Review task orders for contractors, sub-consultants, and City of Los Angeles Interdepartmental Orders to ensure necessary budget and/or contract capacity exists, and ensure these actual commitments are accurately entered/tracked into the system of record
• Analyze bid award values against current budget and prepare reconciliations to include in the current forecast at completion.
• Analyze change order values against current contingency budget and prepare reconciliations to include in the current forecast at completion.
• Analyze task order values against current allowance budget and prepare reconciliations to include in the current forecast at completion.
• Prolog - Update contract commitments, reconcile and analyze actual expenditures, perform budget transfers, monitor trend status and maintain continuity of WBS structure
• Coordinate with the Governance Body to ensure changes to budgets are approved via the Reconciliate Process or Capital Improvement Program Change process
• Perform Project closeout resourcefully to ensure Prolog Data is complete for the reporting needs
• Prepare data to support documentation required journal vouchers for budget transfers

Hardware/Software Knowledge

• Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly desirable.
• Proficient in Microsoft Office Suite and Bluebeam

Professional Experience Level/Other Qualifications

• 10 years or more of cost engineering experience directly related to construction projects, preferably aviation projects
• Experience managing a team of cost engineers
• Demonstrated experience managing and reporting the cost components of large scale, complex projects; including developing and managing a progress reporting methodology for a complicated design effort. Experience with Design-Build and Construction Management at Risk delivery methods is desirable.
• Demonstrated ability to understand technical and complicated construction program and the ability to communicate progress to both technical- and management-level personnel.
• Ability to work with others, a self-starter with results-driven focus.
• Proven accuracy, reliability and completeness in job accomplishment

Education/Training

• Bachelor’s degree in Engineering, Construction Management, or other related field required
• Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Required cost engineer certification i.e. CCE, CCP

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