Cost Engineer III - Project Controls - Sr. Cost Engineer

Cti Environmental - Los Angeles, CA

Full-time - Senior

Los Angeles, CA

Professional, Scientific, and Technical Services

About the position

The Sr. Cost Engineer is responsible for developing and maintaining cost data for construction and renovation projects under the Terminal Development & Improvement Program at Los Angeles World Airports. This role involves managing complex, multi-million-dollar projects, preparing detailed cost reports, and ensuring accurate budget tracking and reporting.

Responsibilities

• 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.
• Prepare job costing reports to allocate expenditures against the appropriate WBS numbers.
• Perform cost-to-complete analysis for all cost elements within a project, considering staffing plans, contract commitments, and expenditures to date.
• Attend project meetings to provide Project Management with current financial information and trend logs regarding potential impacts to project budget or forecast.
• Provide progress reporting documents and briefing materials as required, developing 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, and ensure actual commitments are accurately entered/tracked into LAWA's system of record.
• Analyze bid award values against current budget and prepare reconciliations for the current forecast at completion.
• Analyze change order values against current contingency budget and prepare reconciliations for the current forecast at completion.
• Analyze task order values against current allowance budget and prepare reconciliations for the current forecast at completion.
• Update contract commitments, reconcile and analyze actual expenditures, perform budget transfers, monitor trend status, and maintain continuity of WBS structure using Prolog.
• 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 for journal vouchers for budget transfers.

Requirements

• 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.
• Experience with Design-Build and Construction Management at Risk delivery methods is desirable.
• Demonstrated ability to understand technical and complicated construction programs and communicate progress to both technical and management-level personnel.
• Ability to work with others, a self-starter with a results-driven focus.
• Proven accuracy, reliability, and completeness in job accomplishment.

Nice-to-haves

• Experience with Prolog is highly desirable.
• Certifications such as PMP, PE, and/or any other relevant Professional Licensure or Certification are preferred.