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Cost Engineer

Cost Engineer

D'Leon Consulting EngineersLos Angeles, CA, US
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Job Description

D'Leon Consulting Engineers is seeking a Cost Engineer in Los Angeles, CA

Responsibilities

  • Monitor project budgets for the multi-billion-dollar Capital Improvement Program.
  • 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.
  • 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.
  • PMWeb - Update contract commitments, reconcile and analyze actual expenditures, perform budget transfers, monitor trend status and maintain continuity of WBS structure
  • Perform Project closeout resourcefully to ensure PMWeb Data is complete.
  • Prepare data to support documentation required journal vouchers for budget transfers

Qualifications

  • Bachelor's degree in engineering, construction management, finance, or a related field.
  • A minimum of 7-10 years of experience in cost estimation, project management, or financial analysis is preferred.
  • Professional certifications such as Certified Cost Professional (CCP) or similar will be advantageous.
  • Strong analytical and problem-solving skills.
  • Proficient in cost estimation software and project management tools.
  • Excellent communication and interpersonal skills.
  • Detail-oriented with strong organizational abilities.
  • Ability to work collaboratively in a team environment.
  • Understanding of engineering and construction processes.
  • Knowledge of financial principles and budgeting practices.
  • D’Leon Consulting Engineers is an equal opportunity employer committed to fostering an inclusive and respectful workplace. We consider all qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other protected status.

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