Cost Engineer

Flatiron Construction Corp•Los Angeles, CA
•$95,000 - $105,000

About The Position

The Cost Engineer monitors, analyzes, and forecasts the financial outcomes of one or more construction projects within a district. The role collaborates with project management and project controls teams to provide financial insights and recommendations that support project performance and efficiency. It includes tracking costs and revenue, preparing budgets and forecasts, documenting and reporting financial information, supporting cost-control systems, and assisting with project closeout and financial audits.

Requirements

  • Bachelor’s degree in Engineering, Finance, Accounting, or a related field.
  • Developing written and verbal communication skills.
  • Developing knowledge of construction accounting principles and practices.
  • Ability to analyze data and identify trends or areas of concern.
  • Follow through on inquiries and document findings.
  • Strong attention to detail.
  • Developing knowledge of construction project practices.

Nice To Haves

  • Experience in the construction industry, quantities tracking, or engineering.

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 in or perform generation of project budgets and monthly forecasts using Company-supported cost control software.
  • Use 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 reporting of financial information.
  • Support integration of Company systems to track, monitor, and control costs.
  • Monitor job cost reports against key performance indicators (KPIs).
  • Assist with project closeout by validating final revenue before final bill submission.
  • Audit accounting systems between the Company and Owner systems to ensure accuracy.
  • Support financial audits on assigned projects.
  • Generate, analyze, and submit monthly reports.

Benefits

  • Comprehensive compensation package
  • Paid time off program
  • Industry-leading 401(k)/RRSP
  • Medical/Extended Health Care, Dental, Vision, and/or Provincial Medical
  • Wellness benefits
  • Employee Assistance Program
  • Tuition Reimbursement Program
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