IQUASAR LLC
Cost Engineer III
Full Time • Los Angeles, CA
We are looking for Cost Engineer Level III. 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.
QUALIFICATION SUMMARY:
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 DBFOM 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 DUTIES:
QUALIFICATION SUMMARY:
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 DBFOM 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 DUTIES:
- 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
- Hardware/Software Knowledge
- Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly desirable.
- Proficient in Microsoft Office Suite and Bluebeam
- PM Web and Prolog databases
- Additional duties as assigned
ADDITIONAL REQUIRED SKILLS AND EXPERIENCE:
- 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 eff ort.
- 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
Compensation: $170,000.00 per year
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