Cost Engineer

Flatiron Construction Corp•Havre De Grace, MD

About The Position

The Cost Engineer monitors, analyzes, and forecasts financial outcomes for one or more construction projects within a district. This role 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 and is intended to alleviate slowdowns and improve safety for commuters and freight services. The Cost Engineer works with project management and project controls teams to support accurate and timely financial reporting, cost monitoring, forecasting, and project closeout. The role uses company processes, systems, and cost-control software to track project costs and revenue, assess performance, and identify risks and opportunities.

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 and the Job Cost Report.
Ability to forecast costs independently by analyzing actual costs and projecting accurately.
Ability to identify risks and opportunities by analyzing data and identifying trends or areas of concern.
General construction finance knowledge and ability to understand project-level reporting.
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.
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 financial reporting.
Support the integration of company systems for tracking, monitoring, and controlling 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 the financial audit process on assigned projects.
Generate, analyze, and submit monthly reports.
Support accounts receivable, accounts payable, and other accounting functions.
Assist in production pre-planning by developing general construction knowledge.
Identify risks and opportunities by analyzing data and trends, and document findings to mitigate risks or pursue opportunities.