Cost Engineer

Flatiron Construction Corp•Los Angeles, CA

About The Position

The Cost Engineer supports the project controls program to help deliver projects on time and within budget. The role works across prime contract management, scheduling, cost control, and contract change management for multiple projects within a district. It involves monitoring project performance, analyzing data, and developing strategies to improve efficiency and effectiveness. The position supports cost-control reporting and reconciliation, project scheduling, cost and schedule systems, project reviews, claims and change orders, project cash flow, and forecasting of project costs and financial outcomes. It reports to the Project Controls Director for Division-level summaries.

Requirements

Bachelor’s degree in engineering or a related field.
At least 3 years of experience in construction engineering, project management, or project controls.
Experience with complex scheduling and cost-control processes.
Knowledge of construction contract agreements and change-order processes.
Proven written and verbal communication skills.
Knowledge of accounting principles, including construction accounting.
Ability to identify cost-reduction strategies involving schedule, quantities, or contract specifications that align with project budget and design-specification requirements.

Responsibilities

Review and analyze contract management records, providing technical advice and project control guidance.
Assist with cost-control reporting and reconciliation for one District or Mega Project, and provide reports to the Project Controls Director for Division-level summaries.
Support scheduling for District or Mega Projects, including the bid phase, project schedule creation, monthly reporting, and schedule updates.
Help integrate company systems to track, monitor, and control costs or schedules, and ensure accurate training and use of approved systems for project document control and reporting.
Conduct regular project reviews and monitor job cost reports against key performance indicators (KPIs).
Coordinate with the Division Claims/Contract Manager to track and monitor change-order and claims preparation and resolution.
Track activities related to unsecured revenue and project contingencies.
Monitor and control project cash flow by tracking over- and under-billing.
Assist with resource and cost loading to the schedule, including labor, equipment, and material projections, and productivity-trend reporting to forecast project costs and financial outcomes.