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Cost Engineer II

The Tsui Group

Los Angeles, california


Job Details

Full-time


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Full Job Description

The Tsui Group is seeking a qualified and experienced Cost EngineerII 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 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 and sub-consultants 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 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 as Prolog Data matters in LAWA’s reporting needs
  • Prepare data to support documentation required journal vouchers for budget transfers
  • May assume other duties as required/needed
  • May be required to work past regular work shift
  • Maybe required to work various shifts as needed

Requirements

Professional Experience Level/Other Qualifications: 

  • 5+ 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.
  • Experience with Design-Build and Construction Management at Risk delivery methods is desirable.
  • Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly 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.

Education/Training:

  • Bachelor’s degree in Engineering, Construction Management, or related field.
  • Required cost engineer certification i.e. CCE, CCP. 

Hardware/Software Knowledge: 

  • Thorough familiarity with MS office suite software - Word, Excel, PowerPoint, and Outlook.
  • Knowledge of Prolog is preferred.

Benefits

  • Salary Range: $118,000-$123,000
  • 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

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