Senior Cost Engineer

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Job Description:

Parsons is looking for an amazingly talented Sr. Cost Engineer to join our team! In this role you will manage project/s cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis.

This position is seconded to the multi-billion-dollar Capital Improvement Program at Los Angeles World Airports.  The selected candidate must be willing to commute to LAX five days a week.

What You'll Be Doing:

• Develops and monitors budget/cost plans, seeking the optimum balance between cost, quality and time requirements. Interfaces closely with related disciplines involved in cost, budget, schedule, management and planning.
• Duties extend beyond preparing cost estimates and schedules by helping project manager determine resources and support assessment and decision-making.

• Review and analyze sub-contractor invoices, ensuring expenditures are accurately incurred against appropriate Schedule of Values accounts

• Prepares job costing reports to allocate these expenditures against the appropriate WBS numbers. Ensure that both commitments and expenditures follow the same allocation methodology.

• Perform cost-to-complete analysis for all cost elements within a project taking into consideration staffing plans, contract commitments, and expenditures to date, change orders and trends. 

• Attend project meetings to provide Project Management with current financial information and trend log regarding potential impacts to project budget or forecast.

• Provide progress reporting documents and briefing materials as required.  Develop creative reporting tools to communicate complex project sequencing and/or progress assessments.

• Review task orders for contractors, sub-consultants, and City of Los Angeles Interdepartmental Orders to ensure necessary budget and/or contract capacity exists, and ensure these actual commitments are accurately entered/tracked into LAWA’s system of record

• Analyze bid award values against current budget and prepare reconciliations to include in the current forecast at completion.

• Analyze change order values against current contingency budget and prepare reconciliations to include in the current forecast at completion.

• Analyze task order values against current allowance budget and prepare reconciliations to include in the current forecast at completion.

• Prolog - Update contract commitments, reconcile and analyze actual expenditures, perform budget transfers, monitor trend status and maintain continuity of WBS structure

• Ensure changes to budgets are approved via the Reconciliate Process or Capital Improvement Program Change process

• Perform project closeout resourcefully to ensure Prolog Data is complete for client's reporting needs

• Prepare data to support documentation required journal vouchers for budget transfers

What Required Skills You'll Bring:

• Bachelor’s degree in Engineering, Construction Management or related field
• Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Required cost engineer certification, i.e. CCE, CCP

• 0 years or more of cost engineering experience directly related to construction projects, preferably aviation projects

• Experience managing a team of cost engineers

• Demonstrated experience managing and reporting the cost components of large-scale, complex projects; including developing and managing a progress reporting methodology for a complicated design effort.  Experience with Design-Build and Construction Management at Risk delivery methods is desirable.             

• Demonstrated ability to understand technical and complicated construction program and the ability to communicate progress to both technical- and management-level personnel.