What are the responsibilities and job description for the Cost Engineer - LAX (FT) position at Recruiting For Less?
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:
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:
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 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.
Professional Experience Level/Other Qualifications:
- 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.
