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Cost Engineer III

Cost Engineer III

The Tsui GroupLos Angeles, CA, US
30+ days ago
Job type
  • Full-time
  • Quick Apply
Job description

The Tsui Group is seeking a qualified and experienced Cost Engineer III to join our aviation team in Los Angeles County.

Position Description Summary :

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.

Essential Job Duties :

The Cost Engineer duties include, but are not limited to, the following :

  • 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
  • May assume other duties as required / needed
  • Maybe required to work various shifts as needed

Requirements

Professional Experience Level / Other Qualifications :

  • Minimum of 10 years 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 related field.
  • Required cost engineer certification i.e. CCE, CCP.
  • Certifications may include PMP, PE, and / or any other relevant Professional Licensure or Certification.
  • Hardware / Software Knowledge :

  • Demonstrated proficiency with a large-scale cost reporting system is required; experience withProlog is highly desirable.
  • Proficient in MicrosoftOffice Suite and Bluebeam
  • Benefits

  • Salary Range : $149,000-$154,000
  • Medical, Vision, & Dental – 100% covered for the employee
  • Life and Disability Insurance
  • 10.5 days of Vacation pay (Accrued)
  • 6 days of Sick pay (Available Immediately)
  • 10 days of Holiday pay (9 Holidays, 1 Personal Day)
  • 3% Employer Contribution 401k (After 1 year of service)
  • Monthly Stipend for Cell Phone
  • Laptop for work purposes
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