Project Controls - Cost Engineer

$68,000 - $80,280/Yr

Psomas - Los Angeles, CA

Full-time - Mid Level

Los Angeles, CA

501-1,000 employees

Professional, Scientific, and Technical Services

About the position

As a Cost Engineer at Psomas, you will be an integral part of the Los Angeles World Airports (LAWA) project team, collaborating with over 40 professionals to manage and design significant capital investments in airport infrastructure. Your primary responsibility will be to develop and maintain cost data for various construction and renovation projects, ensuring accurate financial oversight and reporting for the multi-billion-dollar Capital Improvement Program.

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 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, sub-consultants, and City of Los Angeles Interdepartmental Orders 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 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
• 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 Prolog Data is complete for LAWA's reporting needs
• Prepare data to support documentation required journal vouchers for budget transfers

Requirements

• Bachelor's degree in Engineering, Construction Management, or other related technical field required
• Proficient in Microsoft Office Suite and Bluebeam
• Demonstrated proficiency with a large-scale cost reporting system is required
• 3+ years' of cost engineering experience directly related to construction projects, preferably aviation projects
• 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
• 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

Nice-to-haves

• Certifications such as PMP, PE, and/or any other relevant Professional Licensure or Certification
• Cost Engineer certification i.e. CCE, CCP
• Experience with Prolog
• Experience with Design-Build and Construction Management at Risk delivery methods

Benefits

• Hybrid and flexible work schedules
• Medical, dental, and vision coverage for employee and qualifying family members
• 401(k) with immediate vested company match
• Employee Stock Ownership Plan that is 100% paid by Psomas
• 8 Paid Holidays and 3 Weeks of PTO
• Career pathing, training + professional development
• Employee Parking paid by Company