Railworks

Cost Engineer

Railworks • $90K — $105K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 5-7 years of experience in cost engineering or related field
  • Bachelor's degree in Business, Finance, Accounting, or Economics
  • Strong attention to detail for accurate estimations
  • Excellent organizational skills for managing data
  • Resourceful in utilizing available resources effectively
  • Solid understanding of financial principles
  • Self-starter with the ability to work independently

Responsibilities

  • Prepare accurate cost estimates for projects and change orders
  • Collaborate with project managers and engineers to gather necessary information
  • Oversee the entire change order process from initiation to payment collection
  • Maintain a system for tracking change orders and related documentation
  • Develop and revise processes to enhance efficiency and reduce costs

Benefits

  • Comprehensive union benefits for employees and immediate family members
  • Pension plans vested after 5 years
  • Medical, dental, and vision coverage after 26 qualifying weeks
  • Health reimbursement account and annuity fund plans after 1 year
  • Paid sick leave, vacation, and bereavement (subject to contract negotiations)
Full Job Description
Job ID: 20159

Benefits Offering

Union Benefits - Local #3, IBEW (These benefits vest after 90 days of employment, with coverage applied retroactively to your start date upon successful completion of the introductory period.) As a union shop contractor, L.K. Comstock employees are members of Local Union #3 - IBEW and are eligible for comprehensive union benefits for themselves and immediate family members, including, but not limited to:
• Local Union #3 Pension ( vested after 5 years)
• IBEW Pension (vested after 5 years)
• NEBF (National Electrical Benefit Fund)
• Medical, dental & vision (after 26 qualifying weeks)
• HRA - health reimbursement account and annuity fund plans (after 1 year)
• Educational and Cultural Fund
• Deferred salary
• Social Security Payback
• Paid sick leave, vacation, and bereavement (subject to contract negotiations)

Please note: Employees who are already union members and fully vested will retain their current vesting status; your established timeline will not reset to the schedule listed above.

Compensation

Salary: $90,000 - $105,000 total compensation

Work Schedule: Monday-Friday (weekends if available)

Position Summary

A Cost/Change Engineer is responsible for preparing, managing and overseeing the process of change orders and related costs, ensuring proper documentation, routing, and approval of changes.

Primary/Essential Responsibilities and Duties

  • Cost/Change Preparation: Work with project managers and engineers to develop accurate cost estimates for various projects and change orders, including materials, labor, and other expenses.
  • Collaboration: Work closely with project managers, engineers, and other stakeholders to gather information necessary for change orders and other cost-related items.
  • Change Order Management: Overseeing the change order process, from initiation to proposal to collection of payment.
  • Document Control and Other Reporting: Maintaining a system for managing change orders, including tracking their status, history, and related documentation.
  • Process Improvement: Developing and/or revising processes, procedures, and work instructions to improve efficiency, accuracy and reduction of costs.


Required Skills and Qualifications

  • Attention to Detail: A strong attention to detail is crucial for accurate cost/change estimation and control.
  • Organizational Skills: Ability to organize and manage large amounts of data and information.
  • Resourcefulness: Ability to find and utilize resources effectively to achieve project goals.
  • Financial Acumen: A strong understanding of financial principles and concepts.
  • Self-Starter: Takes initiative, can work without supervision and begin projects independently.
  • Bachelor's degree Business/finance/Accounting/Economics.


Physical Requirements and Working Conditions
• Works in an office environment.
• Frequently sits for long periods of time.
• Will occasionally require use of hands to evaluate tactile properties of procured
• Frequently speaks, reads, writes, and uses a computer keyboard.
• May require occasional standing, walking, lifting, stooping, or bending.
• Available to deal with after-hours emergencies and call outs

Company Overview

This job description is not intended to represent a complete, comprehensive list of all duties and responsibilities that may be required in this position. There may be unplanned activities and other duties as assigned.

About Railworks

RailWorks Corporation is a leading provider of railroad construction and maintenance services in North America. The company offers a wide range of services, including track construction, maintenance, and rehabilitation, as well as signal and communication installation and maintenance. RailWorks was founded in 1998 and is headquartered in New York, New York. The company has more than 3,000 employees and operates in more than 20 states across the United States and in Canada.
Learn more about Railworks
Size
3,000 employees
Industry
Founded
1998

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