Cost Engineer III at The Tsui Group

Los Angeles, California, United States -

Full Time

Start Date

Immediate

Expiry Date

23 Dec, 25

Salary

154000.0

Posted On

24 Sep, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Engineering, Budget Monitoring, Cost Analysis, Job Costing, Project Management, Change Order Analysis, Contract Management, Data Processing, Prolog, Microsoft Office, Bluebeam, Team Management, Design-Build, Construction Management, Communication, Accuracy

Industry

Construction

Description

The Tsui Group is seeking a qualified and experienced Cost Engineer III to join our aviation team in Los Angeles County. Position Description Summary: The successful candidate will have proven cost engineering experience with complex, multi-phase, multi-million-dollar construction and/or enabling projects. The general job duties include: Prepares detailed computer-generated cost reports, charts and diagrams; Provides analysis and review of cost/budget expenditure and maintains cost control reports; Promptly reports anticipated cost overages or other unsatisfactory cost elements; Maintains liaison with Data Processing in developing support for network calculations, printouts and cost reports, and other cost related services. Essential Job Duties: The Cost Engineer duties include, but are not limited to, the following: Monitor project budgets for the multi-billion-dollar Capital Improvement Program at Los Angeles World Airports. 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 Coordinate with LAWA Governance Body to 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 LAWA’s reporting needs Prepare data to support documentation required journal vouchers for budget transfers May assume other duties as required/needed Maybe required to work various shifts as needed Professional Experience Level/Other Qualifications: Minimum of 10 years 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. Ability to work with others, a self-starter with results-driven focus. Proven accuracy, reliability and completeness in job accomplishment Education/Training: Bachelor’s degree in Engineering, Construction Management, or related field. Required cost engineer certification i.e. CCE, CCP. Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Hardware/Software Knowledge: Demonstrated proficiency with a large-scale cost reporting system is required; experience withProlog is highly desirable. Proficient in MicrosoftOffice Suite and Bluebeam Salary Range: $149,000-$154,000 Medical, Vision, & Dental – 100% covered for the employee* Life and Disability Insurance 10.5 days of Vacation pay (Accrued) 6 days of Sick pay (Available Immediately) 10 days of Holiday pay (9 Holidays, 1 Personal Day) 3% Employer Contribution 401k (After 1 year of service) Monthly Stipend for Cell Phone Laptop for work purposes

Responsibilities

The Cost Engineer III will monitor project budgets for the Capital Improvement Program at Los Angeles World Airports and prepare detailed cost reports and analyses. They will also attend project meetings to provide financial information and ensure accurate tracking of expenditures.