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Commercial Construction Cost Analyst
2 months ago
Job Title: Commercial Construction Cost Analyst
Overview: We are seeking a proficient and committed Commercial Construction Cost Analyst to join our organization. The ideal candidate should possess a robust background in construction cost analysis, specifically within commercial building projects. This position offers an excellent opportunity to engage in diverse construction initiatives by accurately evaluating project expenses, scrutinizing bids, and collaborating with project participants.
Responsibilities:
- Project Assessment: Analyze project specifications, architectural drawings, and site conditions to thoroughly understand project scope, requirements, and constraints.
- Expense Estimation: Utilize construction estimating tools and industry knowledge to produce comprehensive and accurate cost estimates, encompassing labor, materials, equipment, and subcontractor costs.
- Proposal Development: Collaborate closely with project managers, architects, engineers, and subcontractors to create detailed bid proposals that adhere to project specifications and budgetary limits.
- Supplier and Subcontractor Coordination: Collect quotes from vendors and subcontractors, negotiate pricing and terms, and maintain positive relationships to ensure competitive pricing and quality services.
- Cost Optimization: Identify opportunities for cost savings and value engineering while maintaining project quality and integrity, providing alternative solutions and recommendations as needed.
- Expense Monitoring: Track project expenses throughout the construction process, comparing actual costs to estimated figures and identifying discrepancies for proactive financial management.
- Documentation Management: Organize and maintain accurate project documentation, including bids, contracts, change orders, and correspondence, ensuring accessibility for project stakeholders and compliance with regulations.
- Effective Communication: Engage with project teams, clients, vendors, and subcontractors to clarify requirements, resolve issues, and facilitate seamless project execution.
- Industry Awareness: Stay informed about industry trends, construction methodologies, building codes, regulations, and best practices in commercial construction, continuously enhancing expertise and contributing to team knowledge.
Qualifications:
- Proven experience as a construction cost analyst, preferably with a focus on commercial building projects.
- Proficient in construction estimating software (e.g., Procore, Bluebeam, PlanSwift) and Microsoft Office Suite.
- Strong understanding of construction materials, methods, and costs, with the ability to accurately interpret project blueprints and specifications.
- Excellent mathematical and analytical skills, with a keen attention to detail and accuracy.
- Strong communication and negotiation abilities, capable of collaborating with various stakeholders and fostering strong relationships.
- Bachelor's degree in construction management, engineering, or a related field (preferred) or an equivalent combination of education and experience.
Schedule and Compensation:
- This position is full-time with standard business hours; occasional overtime may be required to meet project deadlines.
- Compensation will be determined based on experience and qualifications.