Cost Engineer
Required skills
- Civil Engineering
- Financial background
- data analysis
- computation
- multiple priorities
- collaborative environment
- time management skills
Nice to have
- HeavyJob
- CCP
Role summary
The Cost Engineer is responsible for the financial tracking, analysis, and reporting of project costs, revenue, and profit. Key responsibilities include monthly job cost closing and variation analysis, tracking work progress for billing and reviews, and preparing four-month forecasts for revenue, profit, billing, and collections. The role also involves preparing various financial reports, billing requisitions, subcontractor payments, and change proposals. A Bachelor's degree in Civil Engineering or a related field, a financial background, and 2-3 years of experience in highway, bridge, rail, or public construction are required. Advanced Excel and Microsoft Office skills are essential, along with strong data analysis, organizational, communication, and time management abilities. Experience with self-perform work and tracking software like HeavyJob is beneficial.
The Cost Engineer is responsible for financial tracking, analysis and reporting of project costs, revenue, and profit. Ability to analyze and communicate data in a meaningful way is a key to success.
Description
- Responsible for reporting project level monthly closing of job cost and analysis of variations.
- Collects and tracks progress of work through quantities to be used in billing and progress reviews.
- Preparation of the forecast every four months, including setting targets for revenue, profit, billing and collections.
- Preparation and analysis of the following reports to ensure they accurately reflect the current project status: monthly cost report, weekly labor and equipment tracking, trimester forecast reporting, and annual audit requests.
- Preparation of billing requisition to be submitted to the owner at the end of each month.
- Preparation of periodic payments, accrual entries, and contract modifications for subcontractors and vendors.
- Recaps and prepares Time and Material submittals for payment.
- Estimates and prepares change proposals.
- Provides assistance and knowledge regarding budget structure for the field teams.
- Duties may relate to one project or across multiple projects
Performs other related duties as required and assigned.
Qualifications:
- Bachelors Degree in Civil Engineering or related field
- Financial background or education
- 2-3 years experience in highway, bridge, rail, and public construction
- Experience with self-perform work
- Capable of tracking multiple projects
- Aptitude for data analysis and computation
- Advanced knowledge of Excel and other Microsoft Office applications
- Ability to organize and manage multiple priorities
- Demonstrated verbal and written communication and presentation skills
- Must work well in a collaborative environment
- Must have strong time management skills
- Experience with tracking software like HeavyJob is a plus
- Registration/Certificates such as Certified Cost Professional (CCP) are a plus.
Compensation Range: $80,000- $110,000
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