What are the responsibilities and job description for the Cost Engineer position at iovino?
Final compensation will be based on a combination of:
· Relevant work experience
· Education
· Project size
· Project location
· Required working hours
· Candidate subject matter expertise and/or specialty
· Ability to be approved by agencies/owners as required
· *Final salary determination is negotiable*
Join our “track” record of success! Recently nationally ranked as a best construction workplace by Fortune Magazine, we are looking to grow our most valuable asset … our employees! J-Track is known for its close-knit, loyal, and dedicated staff who share one mission: completing projects on-time and under budget all while fostering an environment of growth and success.
Not only is J-Track a premier track and transit system contractor in New York, but we also strive to maintain our reputation as a formidable force in the heavy civil and Design-Build construction markets. We have successfully performed track work, general contracting, civil construction, vertical transportation, flood mitigation and architectural work for a number of governments agencies.
Looking to engineer a new career? Join the J-Track family and help us lay the foundation for the future!
The Cost Engineer is responsible for cost tracking, reporting and control. Through data obtained from the project team, the Cost Engineer will monitor, report and forecast the financial status of the project including cost, revenue, risk and opportunities.
Key Responsibilities
- Compile production data to drive effective decision-making by the project team.
- Provide accurate and timely data analysis and presentation.
- Prepare look-ahead and look-back reports to track field production against established targets.
- Update monthly cost reports in CMiC including data verification, data entry and reconciliation with project budget.
- Review and provide supporting information for monthly financial statements.
- Identify key trends including cost slippage, overruns, potential overruns, and savings opportunities and report these to the Project Manager.
- Work with Project Management to identify critical cost items and projections.
- Prepare tools and reports to enable tracking of productivity.
- Support the project team in the preparation and review of AWOs, back charges and cost transfers.
- Communicate and work closely with the Project Manager and Construction Manager to ensure proactive cost management.
- Track progress billings.
- Review subcontractor billings, payment and accruals.
- Periodic visits to the project office and site to understand the details of the work being performed.
Education / Certifications & Qualifications
- Degree in Constriction Management, Engineering, or Business
Qualifications of the Position
- Basic understanding of monthly financial reporting and construction cost management practice.
- 2 to 5 years of construction financial management experience preferred
- Basic understanding of construction and field terminology
- Computer knowledge: Cost Systems (CMiC and HCSS preferred), Microsoft Excel, Word, Outlook, Teams, Sharepoint.
- Strong verbal and written communication skills to obtain working knowledge of the project.
- Ability to work as a team player and lead financial discussions
- Excellent organizational and time management skills.
- Detail oriented, analytical and data driven mindset.
#ZR
Salary Range:
$95,000 - $140,000 USD
Salary : $95,000 - $140,000
