Cost Control Engineer

Fortis Construction • Cheyenne, WY

312d

About The Position

This position will be supporting all cost control functions within the project including, but not limited to ensuring Fortis follows all requirements of working with the project teams on the prime contract, monthly financial/accounting/revenue reporting, subcontractor change order administration, owner change order administration and management, cost/schedule alignment, and project job costing compliance.

Requirements

• Must possess a valid driver's license and a satisfactory driving record in accordance with Fortis policy.

Responsibilities

• Ability to build positive and productive relationships with the internal and external teams as well as key vendors and subcontractors you will be working with.
• Work closely with Fortis Cost Control Manager, PM's, PE's, Project Accountants, and administrative staff who will be undertaking the day-to-day transactional side of cost controls.
• Ensure conformance to project specific financial and change management processes, controls, and procedures to address the needs of the project as it evolves over time and ensure verticality with the prime contract as well as how it flows through to all subcontracts.
• Specialize in monitoring, tracking and analysis of budgets and costs with the site-based Project Management and Accounting teams.
• Participate in field audits confirming project progress, work in place, and documenting project variances.
• Engage with PM's and PE's regarding overall Subcontractor financial health and assist as needed.
• Maintain change order log in coordination with PM's, PE's, and Cost Manager.
• Supports updating project risk, contingency, and other standard project financial reports.
• Data entry of Owner, internal, and Subcontract change orders in both Fortis and Owner systems.
• Monitor and update change order status as they are revised and routed through the review and approval process.
• Support issuance of both Owner and Subcontractor change orders.
• Supports project financial audits throughout the project lifecycle.
• Supports creation of statistical analysis that provides an indication of project financial health, trends and potential risks and opportunities.
• Participates in month-end financial close processes related to billings, revenue, fee, and labor projections.
• Provides quality control on project specific financial processes & procedures (alignment with Owner WBS/cost structure, change management, billing, close out etc.).
• Project site visits required on a regular cadence or as needed to support site-based teams (at least monthly).
• Coordinate regularly with other cost control staff to share lessons learned and best practices.
• Assist in other duties as assigned, relevant to the achievement of the position's and team's objectives.

What This Job Offers

• Industry: Construction of Buildings
• Number of Employees: 251-500 employees