Senior Construction Cost Engineer - Finance
Turner & TownsendAbout the role
Company Description
From the inception of a project through to completion and beyond, Turner & Townsend help to deliver the outcomes that matter through transformational programs covering the full spectrum of consultancy, project delivery and post-project operations.
With offices located globally, you're never far away from our services. Working from 118 offices in 50 countries, we make the difference to projects across the real estate, infrastructure and natural resources sectors worldwide.
Our team is dynamic, innovative and client-focused, supported by an inclusive and fun company culture. Our clients value our proactive approach, depth of expertise, integrity and the quality we deliver. As a result, our people get to enjoy working on some of the most exciting projects in the world.
Job Description
Turner & Townsend is seeking a Senior Cost Engineer to work with our Infrastructure team. The role will work under general direction of our client's Capital Cost Section Lead and the Project Financial Director.
- Part of a team responsible for financial, budget, cost management, and reporting.
- Project/sub-program and systems level oversight.
- Providing accurate and timely cost/budget/forecast reporting.
- Verifying changes are properly reflected in the cost forecast and assessing impact on contingency, escalation and cash flow.
- Analyzing variance in cost and schedule and recommend corrective actions.
- Identifying trends and deviations and report to the Cost Lead.
- Recommending solution and recover plans to address schedule and cost impacts.
- Monitor the status of the allocation and expenditure of project commitments.
- Assisting Program Cost Lead with cost forecasts and funding that conforms to the Program Cost.
- Proficient in EcoSys Cost Management System.
- Work with the PCM's and provide EcoSys remaining program budgets; this requires file export from EcoSys and configure into an excel workbook monthly to allow processing of change orders and all other budget requests.
- Work with Contract Managers for any item going to BOC and process budget tables and 202 forms.
- Work with PCMs on monthly change order budget requests. Inform CFO and Cost Control Lead of CO items over $20M or credits back into contingency for proper reporting at all levels.
- Process 202 budget requests from other departments within the HSR program and coordinate with other cost team members to support budget requests needs.
- Process and issue monthly FY forecast report to report unit and cost team and FINO for further processing.
- Create missing 202 forms for the contract donors.
- Train contract manager how to properly complete 202 forms.
- Cross train financing staff on how to complete budget table and 202 forms.
- Identify incomplete accruals, and FY overspent.
- Track, maintain and report the program contingency on the CP1, CP2/3, and CP4 projects.
- Work with the PCM’s for each of the CPs and produce monthly reporting to Risk, the Reporting unit, FINO for Cap Outlay report, and Contingency Executive Summary to Dennis for further processing and report to the CFO.
- Identify incomplete accruals, and FY overspent.
- Maintain and report the program contingency on the CP1, CP2/3, and CP4 projects.
- Work with the PCM’s for each of the CPs and produce monthly reporting to Risk, the Reporting unit, FINO for Cap Outlay report, and Contingency Executive Summary to Dennis for further processing and report to the CFO.
- Incorporating, Analyzing, verifying the cost budget and forecast data through coordinating with different disciplines.
- Identifying trends and deviations and report to the Program Cost Lead.
- Recommending solution and recover plans to address schedule and cost impacts.
- Assisting cost manager with cost forecasts and funding that conforms to the Cost Management Plan.
- Coordinating with Regional Project Controls for required project-level reporting. Maintaining up to date
- data in cost management system.
Qualifications
- Technically strong in project cost planning and reporting.
- Familiar with construction projects phases and disciplines.
- Ability to use analytical techniques to provide Cost analysis and provide solutions.
Preferred Experience:
- Bachelor’s Degree in Accounting or Engineering with a specialization in Cost Control related training.
- Proficient in Cost Management System (EcoSys).
- 4+ years financial and reportin
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