Senior Cost Engineer

1 week ago

Los Angeles, California, United States Psomas Full time
Job Description

Psomas is seeking a highly skilled Senior Cost Engineer to join our Construction Management Team in Los Angeles. As a key member of our team, you will be responsible for developing and maintaining cost data for new construction and renovation work, as required for Terminal Development & Improvement Program projects.

The ideal candidate will have a strong background in cost engineering, with experience managing and reporting the cost components of large-scale, complex projects. You will be responsible for monitoring project budgets, reviewing and analyzing sub-contractor invoices, and preparing job costing reports to allocate expenditures against the appropriate WBS numbers.

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 logs 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
  • 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 Prolog Data is complete for LAWA's reporting needs
  • Prepare data to support documentation required journal vouchers for budget transfers

Requirements:

  • Bachelor's or Master's degree in Engineering, Construction Management, or other related technical field
  • Certifications including: PMP, PE, and/or any other relevant Professional Licensure or Certification
  • Cost Engineer certification i.e. CCE, CCP
  • Proficient in Microsoft Office Suite and Bluebeam
  • Demonstrated proficiency with a large-scale cost reporting system
  • 10+ 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

Preferred Qualifications:

  • 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:

Psomas offers a competitive salary, hybrid and flexible work schedules, an inclusive benefit package providing medical, dental, and vision coverage for employee and qualifying family members, a 401(k) with immediate vested company match, and an Employee Stock Ownership Plan that is 100% paid by Psomas.

Company Overview:

Psomas is a 100% employee-owned company serving clients throughout the western U.S for over 78 years. We are proud to be an award-winning consulting firm with over 750 employees, offering a collaborative work environment, promoting teamwork, and providing many opportunities for professional growth and advancement.

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