Demo

Cost Engineer

Turner Industries
Turner Industries Salary
Decatur, AL Full Time
POSTED ON 1/15/2025
AVAILABLE BEFORE 4/11/2025

Turner Industries Group is looking for experienced Cost Engineers for work in the Decatur, AL area.

  • Must be able to pass pre-employment drug screen
  • Must have 3-5 years of experience in the petrochemical industry
  • Must be willing to travel to different job site locations
  • NO per diem or relocation available for this position; the successful candidate will be a current resident in / near the area.

Job Description :

Potential candidate need to have knowledge or basic understanding of the following :

  • Understanding of earned value terminologies such as SPI, CPI, PF, ETC, and EAC
  • Understanding of basic forecasting methodologies
  • How to align project estimate, cost report, and scheduled budgets units to allow for proper earn value reporting
  • Basic understanding of percentages
  • Basic accounting knowledge such as debits and credits, accounts payable vs account receivable
  • Understanding of change management process and integrating FCO's into cost reports
  • Establishing proper billable composite rates for estimating change orders
  • Basic understanding of contracts to identify reimbursable items vs non reim items
  • Understanding of contracts around tool value thresholds
  • Basic understanding of mark ups for labor, equipment, material and subs
  • basic microsoft excel & word skills
  • Basic computer skills
  • Basic understanding of FICA, FUI, SUI tax terminologies and how they affect labor march ups
  • Basic understanding of sales tax implications for materials and equipment
  • Tasks included but not limited to are :

  • Developing project cost reports that track all costs associated with the project.
  • Developing relationships with clients to better understand client reporting requirements and develop cost work breakdown structures that allow budgets, cost, progress, and invoicing to align with client reporting requirements.
  • Maintaining and updating project PO logs, invoice logs, and GL logs
  • Providing non labor reports to onsite team for all non reimbursable and reimbursable cost
  • Verifying estimated man hours aligns with schedule budgeted units
  • Establishing coding structures inside of Turner's accounting software that aligns with the project WBS.
  • Ensuring all timesheets, and requisitions are being coded properly to the established WBS
  • Monitoring non labor requisitions and PO's to ensure contractual compliance for reimbursable items
  • Interfacing with vendors to insure timely billing of accounts payable issued POs
  • Interfacing with account receivable project analysis to ensure invoices are billed to proper clients PO's and line numbers.
  • Perform project close out
  • Tracking and processing change orders and maintaining change order logs
  • Establishing proper billable composite rates for estimating change orders based on current composite rates
  • Analyzing estimates, and generating cost reports from those estimates.
  • Establish communication between multiple company departments, such as payroll, AP, AR, Project controls, and procurement to mitigate cost and billing issues.
  • Identifying, analyzing, and communicating potential overruns to project team and client
  • Turner Industries is an equal employment opportunity employer. All qualified individuals will receive consideration for employment without regard to race, color, age, religion, sex, sexual orientation, national origin, disability and / or protected veteran status in accordance with governing law .

    SPECIAL WARNING : PLEASE BE AWARE THAT YOU WILL NOT HAVE TO PAY FOR THIS DRUG / ALCOHOL TEST. PLEASE DO NOT SEND MONEY OR ANYTHING OF VALUE TO PERSONS WHO STATE THAT YOU HAVE TO PAY ANY AMOUNT OF MONEY OR GET A DEBIT / CASH CARD FOR PURPOSES OF THE DRUG / ALCOHOL TEST. IF YOU HAVE ANY QUESTIONS ABOUT THIS, PLEASE CONTACT OUR HIRING OFFICE AT BEFORE AGREEING TO PAY FOR A DRUG / ALCOHOL TEST

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