Cost Engineer

Flatiron Construction Corp•Havre de Grace, MD

11h•$100,000 - $115,000

About The Position

The Cost Engineer monitors, analyzes, and forecasts the financial outcomes of one or more construction projects within a district. The role provides financial insights and recommendations to support project performance and efficiency. This position supports the Susquehanna River Rail Bridge project in Maryland, a $2 billion project to replace the existing 3/4-mile-long, 120-year-old, two-track movable bridge connecting Perryville and Havre de Grace. The project is a joint venture between FlatironDragados and Herzog. The Cost Engineer prepares production documentation and cost reports, tracks project costs and revenue, supports budgets and monthly forecasts, and helps ensure accurate financial reporting. The role also supports cost-control systems, project closeout, and financial audits.

Requirements

Bachelor’s degree in Engineering, Finance, Accounting, or a related field.
At least 3 years of experience in the construction industry, quantities tracking, or engineering.
Developing written and verbal communication skills.
Developing knowledge of cost forecasting through understanding of the Job Cost Report.
Ability to independently forecast costs by analyzing actual costs and projecting accurately.
Ability to support production pre-planning by building general construction knowledge.
Ability to identify risks and opportunities by analyzing data and identifying trends or areas of concern.
Initiative in making inquiries and documenting findings to mitigate risk or pursue opportunity.
General construction finance knowledge and ability to understand project-level reporting.
Ability to support accounts receivable, accounts payable, and other accounting functions.
Strong attention to detail.
Developing knowledge of construction project practices.

Responsibilities

Assemble daily and weekly production documentation control reports.
Perform cost analysis and spend tracking to monitor project costs and revenue and forecast final financial outcomes.
Assist with or generate project budgets and monthly forecasts using Company-supported cost-control software.
Follow Company processes and practices to document, track, and report costs on assigned projects.
Work with project management and project controls teams to ensure accurate and timely financial reporting.
Support integration of Company systems to track, monitor, and control costs.
Monitor job cost reports against key performance indicators (KPIs).
Support project closeout by validating final revenue before final bill submission.
Audit accounting systems between the Company and Owner systems to ensure accuracy.
Support the financial audit process on assigned projects.
Generate, analyze, and submit monthly reporting.