Cost Engineer - Industrial

Baker Group•Ankeny, IA

56d•Onsite

About The Position

Under the guidance of the Project Controls Team Leader, the Cost Engineer will support the project team by developing project specific cost reports, track project cost information, forecast project cost, analyze trends, and participate in project controls reporting on all industrial projects.

Requirements

Bachelor’s degree in related field or the equivalent through experience (typically six years of related progressive work experience)
Extensive practical experience with MS Office application (Excel, Word, Access)
At least 2 years of Accounting or Financial industry specific experience.
Ability to understand and communicate Earned Value Concepts
Valid driver’s license
Excellent organization and communication skills
Project Management skills as well as personal management skills
Accounting software knowledge
Advanced computer software skills
Problem solving capability
Able to multi-task and manage time effectively
Must have construction knowledge

Nice To Haves

Procore Certifications preferred

Responsibilities

Utilize project schedule, phase to budget information, and procurement plans to create initial baseline WIP plans.
Create Staffing Plans with PM for tracking Project Management WIP Plan
Utilize Project Schedule for development of Field WIP
Work with PM on procurement plan to create Procurement WIP
Utilize Sub WIP to develop overall project WIP
Update and maintain Project WIP for ongoing monthly Project Reporting
Create and adjust project specific reporting templates to match project reporting requirements.
Create and maintain Project Specific Phase to Budget Forecasting Template
Create and maintain Project Specific Cost Reporting Template
Understand and track phase to budget per project to allow for accurate reporting on project controls monthly reports.
Update Reporting Template to include project changes
Monthly audit of Phase to Budget to ensure reporting template match project management dashboard.
Utilize Project Specific Phase to Budget Forecasting Tool by inputting actuals, billed information, and Update percent complete per phase code to forecast at completion cost.
Review Information monthly with Project Managers
Ability to understand and communicate changes and variances from plans.
Work with team on ensuring work breakdown structure and cost breakdown structure align
Create and maintain Project Cost reports to be included in monthly owner reports.
Utilize Spectrum and P6 to Create LPI Reports based on earned value and actuals per project.
Verify the accuracy of automated reports
Research variances in cost reports
Develop plans to ensure cost reporting on projects can be executed based on the requirements per project.