Cost Engineer

Kraus-Anderson offers an opportunity to make an immediate impact with an industry leader!

Core Purpose: Building enduring relationships and strong communities

Core Values:

• Integrity - Do the right thing...always be respectful, honest and fair
• Commitment - Take ownership, work hard, and keep promises
• Teamwork - Collaborate to foster trust and success for all
• Value People - Support each other in a safe, positive environment where people are recognized and appreciated for their contributions

Our Company

For more than a century, Kraus-Anderson has been transforming the American landscape.

Founded in 1897 and privately owned and managed by the Engelsma family for more than 70 years, KA is consistently ranked by Engineering News Record among the top 50 general contractors in the United States. Our base of operations in Minnesota is supplemented with regional offices, extending our capabilities coast to coast.

We take a highly collaborative approach to our work. We work closely with owners, architects and the entire planning team well before ground is broken; providing cost analyses, scheduling information, and value engineering services to ensure that our client can make informed decisions leading to a timely finish of the highest quality and the best value.

Summary
The role of Cost Engineer is to ultimately ensure cost projections are complete, accurate, and timely. This financial management position works in partnership with operations by directly supporting teams to ensure projects perform consistently in accordance with project plans by staying within budget targets, adhering to internal controls, contract terms, and regulatory requirements. Essential Duties and Responsibilities include the following. Other duties may be assigned.

Cost Analysis:

• Works with PMs to assess cost projections for reasonableness against project conditions
• Review project risk conditions with PM and field supervision to ensure appropriate level of exposures are incorporated into monthly cost projections
• Review Project Schedule and actual conditions in the field to maintain critical path
• Review Owner Billings for accuracy and appropriateness
• Review change order logs for completeness and recordation in Vista or other change order applications
• Review project health reports for reasonableness and anomalies
• Review Submittal, RFI, and Closeout Logs
• Review QMS (Schedule) Documents

Reporting:

• Prepare (monthly/quarterly) executive summaries detailing profit changes (Fin Watch list)
• Assist project teams with preparing specific financial risk mitigation/recovery plans
• Assist project teams with preparing bi-monthly executive update presentations
• Helps develop and maintain internal rates, Labor, Burden, Insurance, and others

Audit:

• Perform contract reconciliations between owner contract and Vista contract setup
• Ensure proper internal rates are properly being recorded in the Vista job cost ledger
• Ensure integrity between monthly project financials and monthly financial work in progress schedules
• Lead project level audits and coordinate with project team and Accounting Department
• Assist project teams in preparing for potential financial claims

Performs other duties as assigned.

Required Knowledge, Skills and Abilities:

• Bachelor's degree in accounting/finance, Engineering, or Construction Management
• 5 + years' experience in cost analytics
• Extensive knowledge of accounting principles and cost control procedures.
• Strong critical thinking and problem-solving capabilities
• Knowledge of project development stages, procurement, project controls and construction execution practices is required.
• Demonstrated computer proficiency (MS Office - Word, Excel and Outlook)
• Excellent verbal and written communication skills, including ability to effectively communicate with internal and external customers
• Ability to work under pressure and meet deadlines, while maintaining a positive attitude and providing exemplary customer service
• Ability to use time productively, maximize efficiency and meet challenging work goals
• Ability to maintain compliance with all company policies and procedures
• Ability to possess and maintain exceptional work ethic as well as uphold company values and demand the highest standard of conduct from self and others

Preferred Knowledge, Skills and Abilities

• Minimum of 3-5 years related work experience
• Knowledge of Viewpoint Vista software is desirable
• Experience working in the construction industry in the project management or project controls capacity

Other:

• Valid Driver's License, ability to maintain a satisfactory Motor Vehicle Record, and ability to adhere to the KA Motor Vehicle Policy.
• Travel

Physical Demands:

The physical demands described are representative of those that must be met by any employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Essential functions include items such as ability to:

• Clearly communicate information (both written and verbal) to colleagues and key stakeholders
• Stand and/or sit in a stationary position for extended periods of time; 50%+
• Use a computer/laptop/iPad in open office environment with natural and/or florescent lighting
• Navigate between office building floors, and on occasion, attend off-site meetings
• Lift up to 25 lbs. unassisted

Why KA?

We offer a challenging, rewarding, and supportive environment where employees are positioned to make a positive impact on our business, our communities, and their own future.

We believe in building leaders. KA offers a wide range of enrichment and professional growth opportunities through KA University and community service opportunities through our KA Has Heart Volunteer Program.

KA offers full time employees (30+ hours) a significant Total Rewards package including:

• Medical insurance Plan Options
• Health Savings Accounts (HSA)
• Flex Spending Accounts (FSA)
• Wellness Program
• Fitness Center (Minneapolis)
• KA University Training and Development
• Fitness Center, KA corporate headquarters, Minneapolis
• 401(k) Plan
• Company sponsored Short Term and Long Term Disability
• Company sponsored Life/Accidental Death and Dismemberment Insurance
• Time Off including vacation, sick and holiday pay
• Workplace Flexibility
• Paid Parental Leave
• Paid Military Leave for Active Reserve Duty
• Part time/Transition Options
• Free Parking

Along with our employer sponsored plans, we also offer an array of Voluntary Benefits and other perks.

Make A Positive Impact

Kraus-Anderson is an AA EOE including disability and vet employer