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Cost Engineer III
Cost Engineer IIIIQUASAR LLC • Los Angeles, CA, US
Cost Engineer III

Cost Engineer III

IQUASAR LLC • Los Angeles, CA, US
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Job Description

Job Description

Benefits :
  • 401(k)
  • Health insurance
  • Paid time off
  • POSITION DESCRIPTION :

    The successful candidate will have proven cost engineering experience with complex, multi -phase, multi -million-dollar construction and / or enabling 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.

    QUALIFICATION SUMMARY :

    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 DBFOM 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 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 LAWA's 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 LAWA 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 LAWA's reporting needs
    • Prepare data to support documentation required journal vouchers for budget transfers
    • Hardware / Soft ware 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
    • PM Web and Prolog databases
    • Additional duties as assigned
    • ADDITIONAL REQUIRED SKILLS AND EXPERIENCE :

    • 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 eff ort.
    • 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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    Engineer Iii • Los Angeles, CA, US

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