Cost Engineer III

Apply Now

Company: The Tsui Group

Location: Los Angeles, CA 90011

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 renovation projects. The general job duties include:Prepares detailed computer generated cost reports, charts and diagrams; Provides analysis andreview of cost/budget expenditure and maintains cost control reports; Promptly reports anticipatedcost overages or other unsatisfactory cost elements; Maintains liaison with Data Processing indeveloping support for network calculations, printouts and cost reports, and other cost relatedservices.

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 LosAngeles World Airports.
  • Review and analyze sub-contractor invoices, ensuring expenditures are accurately incurredagainst appropriate Schedule of Values accounts
  • Prepares job costing reports to allocate these expenditures against the appropriate WBSnumbers. Ensure that both commitments and expenditures follow the same allocationmethodology.
  • 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 creativereporting 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 theReconciliate Process or Capital Improvement Program Change process
  • Perform Project closeout resourcefully to ensure Prolog Data is complete for LAWA's reportingneeds
  • 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: $144,000-$149,000
  • 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

Similar Jobs