Demo

Cost Engineer III

The Tsui Group
Los Angeles, CA Full Time
POSTED ON 4/18/2025
AVAILABLE BEFORE 6/17/2025

The Tsui Group is seeking a qualified and experienced Cost Engineer III to join our aviation team in Los Angeles County.

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 andreview of cost/budget expenditure and maintains cost control reports; Promptly reports anticipatedcost overages or other unsatisfactory cost elements; Maintains liaison with Data Processing indeveloping support for network calculations, printouts and cost reports, and other cost relatedservices.

 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 LosAngeles World Airports. 
  • Review and analyze sub-contractor invoices, ensuring expenditures are accurately incurredagainst appropriate Schedule of Values accounts
  • Prepares job costing reports to allocate these expenditures against the appropriate WBSnumbers. Ensure that both commitments and expenditures follow the same allocationmethodology.
  • 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 creativereporting 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 theReconciliate Process or Capital Improvement Program Change process
  • Perform Project closeout resourcefully to ensure Prolog Data is complete for LAWA’s reportingneeds
  • Prepare data to support documentation required journal vouchers for budget transfers
  • May assume other duties as required/needed
  • Maybe required to work various shifts as needed

Professional Experience Level/Other Qualifications: 

  • Minimum of 10 years 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 related field.
  • Required cost engineer certification i.e. CCE, CCP. 
  • Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification.

Hardware/Software Knowledge: 

  • Demonstrated proficiency with a large-scale cost reporting system is required; experience withProlog is highly desirable.
  • Proficient in MicrosoftOffice Suite and Bluebeam
  • Salary Range: $144,000-$149,000
  • Medical, Vision, & Dental – 100% covered for the employee*
  • Life and Disability Insurance
  • 10.5 days of Vacation pay (Accrued)
  • 6 days of Sick pay (Available Immediately)
  • 10 days of Holiday pay (9 Holidays, 1 Personal Day)
  • 3% Employer Contribution 401k (After 1 year of service)
  • Monthly Stipend for Cell Phone
  • Laptop for work purposes

Salary : $144,000 - $149,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a Cost Engineer III?

Sign up to receive alerts about other jobs on the Cost Engineer III career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$98,091 - $127,656
Income Estimation: 
$133,494 - $170,282
Income Estimation: 
$131,105 - $151,214
Income Estimation: 
$128,269 - $173,633
Income Estimation: 
$157,111 - $225,157
Income Estimation: 
$66,186 - $84,403
Income Estimation: 
$77,882 - $103,228
Income Estimation: 
$77,882 - $103,228
Income Estimation: 
$96,048 - $128,795
Income Estimation: 
$96,048 - $128,795
Income Estimation: 
$126,948 - $164,474
Income Estimation: 
$107,623 - $139,321
Income Estimation: 
$133,494 - $170,282
Income Estimation: 
$131,105 - $151,214
Income Estimation: 
$128,269 - $173,633
Income Estimation: 
$157,111 - $225,157
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at The Tsui Group

The Tsui Group
Hired Organization Address Los Angeles, CA Full Time
Job Description Job Description The Tsui Group is seeking a candidate who is qualified and experienced in educational fa...
The Tsui Group
Hired Organization Address Los Angeles, CA Full Time
The Tsui Group is seeking a qualified and experienced Scheduler III to join our aviation team in Los Angeles County. The...
The Tsui Group
Hired Organization Address Los Angeles, CA Full Time
The Tsui Group is seeking a qualified and experienced Design Manager III - TBIT Terminal Refresh to join our aviation te...
The Tsui Group
Hired Organization Address Los Angeles, CA Full Time
The Tsui Group is seeking a qualified and experienced Design Manager III - Curbside Programs to join our aviation team i...

Not the job you're looking for? Here are some other Cost Engineer III jobs in the Los Angeles, CA area that may be a better fit.

Cost Engineer III

CLMI Group LLC, Los Angeles, CA

Cost Engineer III - Airports

APSI Construction Management, El Segundo, CA

AI Assistant is available now!

Feel free to start your new journey!