Cost Engineer III

The successful candidate will have proven cost engineering experience with complex, multi-phase, multi-million-dollar construction and/or renovation projects. The general job duties include: prepares detailed computer generated cost reports, charts and diagrams; provides analysis and review of cost/budget expenditure and maintains cost control reports; promptly reports anticipated cost overages or other unsatisfactory cost elements; maintains liaison with Data Processing in developing support for network calculations, printouts and cost reports, and other cost related services.

• 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
• Prepares job costing reports to allocate these expenditures against the appropriate WBS numbers. Ensure that both commitments and expenditures follow the same allocation methodology.
• 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, and ensure these actual commitments are accurately entered/tracked into LAWA’s system of record
• 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
• 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 journal vouchers for budget transfers
• Hardware/Software Knowledge
• Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly desirable.

• 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 for a complicated design effort. Experience with Design-Build and Construction Management at Risk delivery methods is desirable.
• 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

• Bachelor’s degree in Engineering, Construction Management, or other related field required. Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Required cost engineer certification i.e. CCE, CCP.

Location: Los Angeles, CA

Employment Type: Full-Time

Salary: $149000 - $161000 /per year

Skill Level: Mid-Senior Level