Cost Engineer

Tutor Perini

$80K — $95K *
Real Estate & Construction
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor’s degree in engineering or construction management preferred.
  • 3-5 years of experience in cost engineering or a related field.
  • Strong understanding of construction terms and processes, including documentation like bulletins and change orders.
  • Excellent verbal and written communication skills.
  • Ability to work independently as part of a team.
  • Strong attention to detail and the capability to meet tight deadlines.
  • Advanced proficiency in Microsoft Excel, Word, Project, Access, and relevant cost management software.

Responsibilities

  • Prepare and analyze cost evaluation reports and cash flows.
  • Develop effective cost reduction strategies and procedures.
  • Coordinate cost issues with project teams, including managers and subcontractors.
  • Maintain cost control and cash flow reporting.
  • Negotiate change orders and invoice assessments.
  • Collaborate with accounting for project cost management and procurement processes.
  • Assist in monthly payment applications for owners and subcontractors.

Benefits

  • Opportunity to work on significant construction projects in collaboration with industry experts.
  • Professional growth through involvement in comprehensive cost management practices.
  • Engagement with a supportive team that values quality and cooperation.
  • Access to advanced financial management tools and software.
  • A professional environment that prioritizes detailed and accurate project documentation.
Full Job Description

Tutor Perini Building Corp. is seeking a Cost Engineer to join our project in Pocola, OK .

DESCRIPTION:

  • Preparation of spreadsheets and a wide variety of routine cost analysis, cash flow, and other cost related evaluations.

  • Conduct studies to develop effective cost reduction processes and procedures.

  • Coordinate all cost related issues with project managers, construction managers, designers, subcontractors, vendors, and contractors.

  • Maintain cost control procedures and prepare project cost, commitment and cash flow reports.

  • Analyze and participate in the negotiation of change order requests and invoices.

  • Collaborate with Accounting and within existing financial management system to effectively develop, establish, and maintain systems for project accounting, cost management, procurement, and expediting.

  • Manage the project cost, change management progress reporting using established project costs and procedures.

  • Responsible to support the general flow of documentation regarding the processing of bulletins, change order and requests for information including compiling information for monthly reporting.

  • Understand the cost report including different contracts types, general conditions, and fee analysis and prepare internal monthly financial reports, (CR-1s) for review with management.

  • Coordinate, manage, and assist in the preparation and review of monthly application for payment, (Owner and Subcontractors).

  • Represents the company at all times with professionalism and a commitment to quality.

REQUIREMENTS:

  • Bachelor’s degree in an engineering or construction management discipline preferred.

  • Three to five years of experience in the field or in a related area.

  • Provide support to project management efforts in monitoring updated and verifying the accuracy of committed costs in the pre-construction and construction phases

  • Possess a comprehensive understanding of procurement, construction terminology, construction concepts and relationships, and industry standard documentation (i.e. bulletins, addenda, PCO, COR, CO, etc.).

  • Excellent oral & written communication skills.

  • Working knowledge of project’s scope of work for the project.

  • Capacity to work in a team setting with minimal supervision and direction.

  • Ability to maintain tight deadlines while demonstrating attention to details and accuracy.

  • Proficiency in budget preparation, cash flow analysis, and other financial reporting.

  • Ability to multi-task in an ever-changing environment.

  • Advanced knowledge of Microsoft Excel, Word, Project, and Access.

  • Advanced knowledge of Prolog, and JD Edwards (or similar cost management software).

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