Cost Engineer lll

Manages project/s cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis. Develops and monitors budget/cost plans, seeking the optimum balance between cost, quality and time requirements. Interfaces closely with related disciplines involved in cost, budget, schedule, management and planning. Duties extend beyond preparing cost estimates and schedules by helping project manager determine resources and support assessment and decision-making. Salary range $171,704-$182,104; M-F 8am-5pm.

Position Overview

The Terminal 5 (T5) Sr. Cost Engineer reports to the T5 Program Controls Manager. The T5 Sr. Cost Engineer shall be responsible for developing and maintaining cost data for the T5 Program. The Terminal 5 Program covers the full demolition and rebuild of the Terminal 5 headhouse and concourse, as well as various enabling scopes to vacate the existing building.

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 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.

Key Identifiers for the Position

• 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 Progressive GMPs, Design-Build and Construction Management at Risk delivery methods is desirable.             

• Demonstrated ability to understand technical and complicated construction programs 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.

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

• 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 Client’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 Client's 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 Cklient’s reporting needs

• Prepare data to support documentation required journal vouchers for budget transfers

Hardware

• Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly desirable.

• Proficient in Microsoft Office Suite and Bluebeam

Project-Specific Requirements/Notes

• 10 years or more 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 other related field required

• Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Required cost engineer certification i.e. CCE, CCP.

Element-Specific Requirements/Notes

• May assume other duties as required/needed

• Maybe required to work past regular work shift

• Maybe required to work various shifts as needed

• Client will provide a desktop computer that can be VPN’d into

• Consultant MUST have a company-provided laptop computer. This is required for company business and to VPN into Client system when away from the office as necessary

• Cell phone provided by consultant is required

• This is NOT a work from home position

• This is a salaried position based on 40 hours per week at the applicable all-in labor rate.

• This is a Monday-Friday full-time position in the office or on the project site

• After hours or weekend work may be required to perform the duties of the position. This shall be considered part of the salary

• Transportation to/from worksite is the responsibility of the consultant

• Must live with commute distance of the worksite in West Los Angeles