Cost Engineer

Company: CMTS LLC
Location: Los Angeles
Posted on: November 15, 2024

Job Description:

Every day at CMTS, we undertake impactful infrastructure projects that positively impact lives and communities. CMTS has 40-years of extensive industry experience, which ensures a strong foundation for ongoing success. Our company values employees by fostering a culture of learning, personal development, and well-being. We prioritize work-life balance and ethical business practices and engage with our community through employee-driven initiatives. Join us on our journey of growth and success! We are currently seeking a highly motivated Cost Engineer II located in Los Angeles, CA.. Overview: The Cost Engineer reports to the Project Controls Manager. 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 Required Education: Bachelors degree in engineering, construction management or related field Required Certifications/Licenses: Required cost engineer certification, i.e. CCE, CCP Required Qualifications: In order to become a candidate, you must possess the following skills and abilities: 5 years or more cost engineering experience directly related to construction projects, preferably aviation projects Thorough familiarity with MS office suite software - Word, Excel, PowerPoint, and Outlook. 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 proficiency with a large-scale cost reporting system is required; experience with Prolog is highly 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. Responsibilities: Monitor project budgets for the multi-billion dollar Capital Improvement Program. Review and analyze sub-contractor invoices 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 and sub-consultants to ensure necessary budget and/or contract capacity exists. Analyze bid award values against current budget and prepare reconciliations to include in the current forecast at completion. Analyze change order values against current 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 Perform Project closeout resourcefully to ensure as Prolog Data matters in reporting needs Prepare data to support documentation required journal vouchers for budget transfers May assume other duties as required/needed May be required to work past regular work shift Maybe required to work various shifts as needed Preferred skills and abilities: Knowledge of Prolog is preferred. Salary: $132,300-136,600/yr. Bonus Pay: A bonus may be granted to employees depending on individual performance, employee utilization, attendance, tenure, and furtherance of other non-financial corporate goals; bonus opportunities are available at managements discretion. CMTS LLC offers 100% company-paid medical, dental, vision, 401k, life, and long-term disability insurance coverage for employees. CMTS, LLC is an Equal Opportunity Employer that does not discriminate based on actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, pregnancy, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state, or local laws. Our management team is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities and general treatment during employment. Employment Type: Full Time

Keywords: CMTS LLC, Newport Beach , Cost Engineer, Engineering , Los Angeles, California