Cost Engineer III - job 1 of 2

The Tsui Group is seeking a qualified and experienced Cost Engineer III to join our aviation team in Los Angeles County.

Position Description Summary:

 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.

 Essential Job Duties: 

The Cost Engineer duties include, but are not limited to, the following: 

• 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
• May assume other duties as required/needed
• Maybe required to work various shifts as needed

Professional Experience Level/Other Qualifications: 

• Minimum of 10 years 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

Education/Training:

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

Hardware/Software Knowledge: 

• Demonstrated proficiency with a large-scale cost reporting system is required; experience withProlog is highly desirable.
• Proficient in MicrosoftOffice Suite and Bluebeam

• Salary Range: $149,000-$154,000
• Medical, Vision, & Dental – 100% covered for the employee*
• Life and Disability Insurance
• 10.5 days of Vacation pay (Accrued)
• 6 days of Sick pay (Available Immediately)
• 10 days of Holiday pay (9 Holidays, 1 Personal Day)
• 3% Employer Contribution 401k (After 1 year of service)
• Monthly Stipend for Cell Phone
• Laptop for work purposes