Cost Engineer

  • DRAGADOS
  • Framingham, Massachusetts
  • Full Time

The Cost Engineer is responsible for financial tracking, analysis and reporting of project costs, revenue, and profit. Ability to analyze and communicate data in a meaningful way is a key to success.

Description

  • Responsible for reporting project level monthly closing of job cost and analysis of variations.
  • Collects and tracks progress of work through quantities to be used in billing and progress reviews.
  • Preparation of the forecast every four months, including setting targets for revenue, profit, billing and collections.
  • Preparation and analysis of the following reports to ensure they accurately reflect the current project status: monthly cost report, weekly labor and equipment tracking, trimester forecast reporting, and annual audit requests.
  • Preparation of billing requisition to be submitted to the owner at the end of each month.
  • Preparation of periodic payments, accrual entries, and contract modifications for subcontractors and vendors.
  • Recaps and prepares Time and Material submittals for payment.
  • Estimates and prepares change proposals.
  • Provides assistance and knowledge regarding budget structure for the field teams.

Performs other related duties as required and assigned.

Qualifications:

  • Bachelors Degree in Civil Engineering or related field
  • Financial background or education
  • 2-3 years experience in highway, bridge, rail, and public construction
  • Experience with self-perform work
  • Capable of tracking multiple projects
  • Aptitude for data analysis and computation
  • Advanced knowledge of Excel and other Microsoft Office applications
  • Ability to organize and manage multiple priorities
  • Demonstrated verbal and written communication and presentation skills
  • Must work well in a collaborative environment
  • Must have strong time management skills
  • Experience with tracking software like HeavyJob is a plus
  • Registration/Certificates such as Certified Cost Professional (CCP) are a plus.
Job ID: 482635991
Originally Posted on: 6/25/2025

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