Cost Engineer III - Sr. Cost Engineer

Overview

O2EPCM, Inc. is a prominent award-winning firm providing Professional, Technical, Consulting and Management Services in the Planning, Design, Engineering and Construction Industry to Local, State, Federal Government Agencies, Utility Companies and Private Clients. We are dedicated to delivering innovative and sustainable solutions for a variety of projects.

Responsibilities

• 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.
• Prepare job costing reports to allocate expenditures against the appropriate WBS numbers, ensuring that commitments and expenditures follow the same allocation methodology.
• Perform cost-to-complete analysis for all cost elements within a project, considering staffing plans, contract commitments, expenditures to date, change orders and trends.
• Attend project meetings to provide Project Management with current financial information and trend logs regarding potential impacts to project budget or forecast.
• Provide progress reporting documents and briefing materials; 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 budget and / or contract capacity exists, and ensure actual commitments are entered / tracked in LAWA's system of record.
• Analyze bid award values, change order values, and task order values against budgets and prepare reconciliations for current forecast at completion.
• Maintain and update contract commitments, reconcile and analyze actual expenditures, perform budget transfers, and monitor trend status within the WBS structure.
• Coordinate with LAWA Governance Body to ensure budget changes are approved via the Reconciliate Process or Capital Improvement Program Change process.
• Support project closeout with complete Prolog data for LAWA's reporting needs and prepare data to support documentation required for budget transfers.

Qualifications

Education & Certifications

Hardware / Software Knowledge

Additional Requirements

Notes

No relocation packages or per diem are provided. This description reflects a typical role and may be subject to change.

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