Cost Engineer

Company:  Psomas
Location: Los Angeles
Closing Date: 08/11/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description

Our Construction Management Team in Los Angeles has an opportunity for a talented Cost Engineer. Explore this opportunity with Psomas and apply today!

About being our Cost Engineer

As our Cost Engineer , you will join the Los Angeles World Airports (LAWA) project team of 40+ planners, architects, engineers, and other technical professionals to plan & design their next wave of capital investments, including airfield improvements, terminal improvements, infrastructure improvements, and more.

As our Cost Engineer , you will be responsible for developing and maintaining cost data for new construction and renovation work, as required for Terminal Development & Improvement Program projects. These projects may include but are not limited to: Airline Terminal Improvement projects, Airport Service Improvement projects, Terminal Development projects and Asset Renewal.

Responsibility Highlights for our Cost Engineer

  • 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 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
  • 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

Minimum Qualifications to be our Cost Engineer

  • Bachelor's degree in Engineering, Construction Management, or other related technical field required
  • Proficient in Microsoft Office Suite and Bluebeam
  • Demonstrated proficiency with a large-scale cost reporting system is required;
  • 3+ 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 to be our Cost Engineer

  • 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

Highlighted Benefits for our Cost Engineer

Enjoy 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!

  • A competitive salary! The expected range for this position is $68,000 - $80,280.00/salary depending on experience.
  • 8 Paid Holidays & 3 Weeks of PTO
  • Career pathing, training + professional development
  • Employee Parking paid by Company

Strong History + Bright Future

As a 100% employee owned company serving clients throughout the western U.S for over 78 years, Psomas is proud to be an award winning consulting firm with over 750 employees. Our talented team have an array of skills ranging from construction management, civil engineering, transportation planning, environmental, landscape architecture and urban design, and surveying and geospatial services. We strive for excellence, and welcome candidates of all identities, backgrounds, and perspectives to help us continue evolving as an inclusive, employee first culture. Together, we foster a collaborative work environment, promote teamwork, and provide many opportunities for professional growth and advancement. We are looking for team members that are excited to contribute to our projects and make a positive difference in our local community.

We're a fun, rewarding place to work! We are an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to age, race, color, religion, sex, national origin, disability status, protected veteran status, sexual orientation, gender identity, or any other characteristic protected by law.

Apply Now
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