Project Controls Specialist - Cost Analyst

RLB CareersSeatac, WA
Hybrid

About The Position

In this role, you will be a member of our project management team, delivering solutions to clients in the areas of project controls, budget development, cost planning, feasibility studies, value management, economic forecasting, milestone reports, pre- and post-contract auditing, change order review and reconciliation, BIM 5D cost modeling, LEED cost analysis, life cycle costing, and implementation of project controls systems.

Requirements

  • 4-year college degree in Construction Management, Structural Engineering, Architectural Engineering, Cost Estimating or equivalent recognized technical qualification related to mechanical discipline.
  • 5-10 years relevant experience in construction cost estimating of a variety of building types from the program, conceptual, schematic, design development and construction document stages of design in elemental and CSI format
  • Knowledge and understanding of execution of cost management services; good planning, organization, and communication skills essential.
  • Understanding of technical and non-technical documents related to cost management services is required.
  • Knowledge and use of industry-estimating software and Microsoft Office software programs

Nice To Haves

  • The ideal candidate will demonstrate a positive, proactive approach to the role and will be committed to delivering customer service excellence.

Responsibilities

  • Manage Cost / Change Control, including change order review, negotiation, and recommendations, delay analysis.
  • Track and review change orders with the Project Manager.
  • Manage contingency draw.
  • Budget Management and Tracking.
  • Financial Forecasting and Modeling.
  • ME Close activities and accruals.
  • Develop and implement process and tools to manage components of the project Accounting Journal Entries.
  • Accounting Write-Offs.
  • Depreciation Settlements.
  • Understanding of financial statements, especially P&L.
  • Invoice / Payment Application processing, tracking, and reporting.
  • Updating owner cost tracking software.
  • Manage weekly progress reports with the General Contractor.
  • Produce monthly reports for management.
  • Providing review reports.
  • Produce earned value reports.
  • Review GC’s cost tracking reports.
  • Reconcile GC actual costs with GMP/ Schedule of Values.
  • Contract Administration (retention, T&Cs, insurance, allowances, contingency, incentives).
  • Compiling as-built cost estimate records for benchmarking purposes.
  • Maintain cost benchmarking database.
  • On-Site Records and Document Control.
  • Tracking of all key project documents, including change orders, invoices and payments, lien releases, etc.
  • Initiate the close-out process prior to project completion, typically two to three months in advance.
  • Establish close out documentation requirements.
  • Collect and track receipt of all close out documents until completion, including warranties, as-builts, O&M manuals, etc.
  • Setting and attending change control and cost meetings as required.
  • Attend risk meetings and maintain risk log.
  • Monitor, track and analyze schedule progress in the field (actual vs. forecast).
  • Ensure QA/QC is being followed.
  • Work with project managers to develop and maintain the RFP/SOW/change order templates for various projects and support the development of service agreements and SOWs as needed.
  • Follow up on proposals, reviews, and negotiations for the timely execution of contracts and purchase orders.
  • Develop owner-furnished equipment delivery plans by working with PMs, suppliers, and the commodity management team.
  • Track proposal reviews, negotiations, and contract execution.
  • Manage/ coordinate and track the supplier delivery plan to ensure suppliers meet the demand per the plan.
  • Provide reports for the progress and status of SOWs open for long periods of time.
  • Coordinate closure of POs at project-end and keep track of work orders status.
  • Periodically review financial reports to ensure compliance with budget targets, reconciliation of project charges against approved contracts and support gathering data related to unit costs within sites.
  • Adds to team effort by accomplishing other duties as assigned.
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