Electrical Cost Engineer

6 days ago

Chandler, United States Quality Plus Services Full time
Job DescriptionJob Description

Job Summary:

The Electrical Cost Engineer is responsible for estimating, analyzing, and managing the costs associated with electrical systems and projects in an industrial setting. This role plays a key part in planning, budgeting, and ensuring cost control throughout the project lifecycle. The Electrical Cost Engineer collaborates with project managers, engineers, procurement teams, and other stakeholders to ensure that projects are delivered on time, within budget, and in compliance with specifications.

Key Responsibilities:

  • Cost Estimation:
    • Prepare detailed and accurate cost estimates for electrical components, systems, and installations based on project drawings, specifications, and scope of work.
    • Analyze project requirements to develop material take-offs (MTO) and labor cost estimates for electrical work.
    • Use cost-estimating software and historical data to forecast project costs, including material, labor, equipment, and indirect expenses.
  • Budgeting & Forecasting:
    • Develop comprehensive project budgets for electrical systems and installations.
    • Provide cost forecasting and cash flow projections for electrical work during project execution.
    • Work with finance and project teams to track budgetary spending and ensure it aligns with estimates.
  • Cost Control:
    • Monitor project costs and track any variances between actual and estimated expenses.
    • Implement cost control measures to identify and prevent cost overruns.
    • Analyze cost data, assess risks, and recommend corrective actions to ensure that the project stays within budget.
  • Bid & Proposal Review:
    • Assist in evaluating contractor bids and vendor proposals for electrical work.
    • Review cost proposals from suppliers and subcontractors to ensure they align with project budgets and scopes of work.
    • Negotiate pricing with vendors and subcontractors to achieve cost savings without compromising quality.
  • Value Engineering:
    • Collaborate with engineering teams to identify cost-effective alternatives in design and materials.
    • Participate in value engineering efforts to optimize the electrical design and reduce costs while maintaining performance and safety standards.
  • Project Coordination:
    • Work closely with project managers, procurement teams, and electrical engineers to ensure alignment between cost estimates and project goals.
    • Provide support during project planning, procurement, and construction phases to ensure accurate cost management.
  • Reporting & Documentation:
    • Prepare cost reports, including comparisons of actual costs versus budget and forecast updates.
    • Maintain and update cost databases, historical data, and records for future reference.
    • Provide regular updates on project financial status to management and stakeholders.

Qualifications:

  • Education:
    • High School Diploma or Equivalent
  • Experience:
    • Minimum of 5-10 years of experience of industrial electric cost estimation, cost control, or project management in an industrial setting.
    • Experience working with large-scale industrial projects (e.g., manufacturing plants, refineries, power plants) is highly desirable.
  • Certifications:
    • Certification as a Cost Professional (e.g., Certified Cost Professional - CCP, Project Management Professional - PMP) (preferred).
    • Electrical engineering certifications (e.g., PE, FE) are an advantage.
  • Skills:
    • Strong knowledge of electrical systems, installations, and components in an industrial context.
    • Proficiency with cost estimation tools and software (e.g., Primavera, SAP, or similar).
    • Excellent analytical skills with the ability to evaluate complex project data and identify cost drivers.
    • Strong attention to detail and ability to manage multiple projects simultaneously.
    • Effective communication and negotiation skills, both written and verbal.
    • Proficiency in Microsoft Office, particularly Excel and project management software.

Work Environment:

  • Primarily works in an office setting, but may require site visits to industrial facilities, construction sites, or vendor locations.
  • Occasional travel may be required depending on project locations.
  • Must be able to work under pressure to meet deadlines and budgets.
Company DescriptionQPS is a true multi-craft industrial contractor, providing the efficiency that comes from a single point of contact and allowing for tasks and projects to be carefully tracked and monitored and ensuring a timely and cost-effective completion that is measured in safety and quality of craftmanship.Company DescriptionQPS is a true multi-craft industrial contractor, providing the efficiency that comes from a single point of contact and allowing for tasks and projects to be carefully tracked and monitored and ensuring a timely and cost-effective completion that is measured in safety and quality of craftmanship.

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