Senior Cost Engineer

PC Construction Company

$95K — $133K *
Real Estate & Construction
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree or equivalent experience in construction industry
  • 5+ years in financial and project management roles
  • Strong expertise in ERP and project management systems
  • Exceptional decision-making and time management skills
  • Proven ability to build partnerships and communicate effectively

Responsibilities

  • Develop and enhance change management processes and procedures
  • Set contract change PCI markup rules per company and contract standards
  • Deliver training and support to project teams on change management
  • Review contract PCIs and Owner change orders for compliance
  • Create reports using system analytics tools and assist in project forecasting
  • Lead meetings for project billing processes and prepare bill rate tables
  • Supervise and mentor Job Cost Engineers and Leadership Development Program participants

Benefits

  • 100% employee-owned structure
  • Shared profit-sharing bonus
  • Access to company stock
  • Comprehensive benefits package
  • Opportunities for professional development and training
Full Job Description
We are seeking a Senior Cost Engineer who will serve as a subject matter expert in job cost and project management financial functions. This role requires deep expertise in operational tools such as ERP and Project Management systems, acting as a power user and functional leader. The right candidate will have a Bachelor's degree or other degree with equivalent and relevant work experience in the construction industry and five years of experience in appropriate financial, business, and related experience, along with strong decision-making abilities, building partnerships, self-motivation, time management, and strong communication skills.

Key Responsibilities:
  • Develop and continuously improve change management processes and procedures.
  • Set up contract change PCI markup rules, ensuring markup rules conform to company standards and the Owner Contract.
  • Develop and deliver training and support to project teams in change management and PCIs.
  • Review and post contract PCIs, ensuring conformance with markup rules and Owner Contract.
  • Review and post Owner change orders.
  • Create queries and reports in system analytics tools.
  • Assist Project Managers in preparing their estimates-to-complete, conduct analysis to ensure consistent and reasonable forecasts, and prepare summaries for management review.
  • Participate in monthly project review meetings.
  • Develop and deliver training in support of forecasting best practices and company procedures.
  • Set up billing defaults for projects in job billing system.
  • Arrange and lead meetings with project team and Owner reps to define the project billing format and process.
  • Prepare and maintain bill rate tables.
  • Prepare, verify, and process GL charges on all projects.
  • Provide training and support to project teams for billing system.
  • Develop and continuously improve standard job cost processes and procedures.
  • Create job cost budgets from Estimate details, ensuring adherence to job cost standards while applying discretion in project-specific exceptions.
  • Set up jobs to correctly process all integrated ERP processes and reporting requirements.
  • Develop and deliver training and support to project teams for job cost system.
  • Review and process budget changes submitted by Project Managers.
  • Review various monthly job reports.
  • Conduct research and analysis for departments and jobs.
  • Respond to job cost-related help requests.
  • Support projects in the proper risk management and administration of subcontract and purchase order compliances and retainage.
  • Support projects in sub/PO commitment and payment processing.
  • Supervise Job Cost Engineers and participants of the Leadership Development Program as assigned.
  • Assign and prioritize tasks and projects to assigned direct reports.
  • Investigate and advise key leaders and stakeholders on strategies to foster and leverage innovation.
  • Search for and address root causes to recurring problems.
  • Collaborate with Operations and support personnel to develop integrated project administration systems.
  • Maintain a catalog of PC's project management processes and regularly review processes for improvement.
  • Review and implementation of new tools or technologies to maximize production, efficiency, and operations.

100% EMPLOYEE OWNED

This position has a pay range of $95,000 to $133,000 annually, depending on experience, in addition to an extensive benefits package that includes company stock and a profit-sharing bonus.
Skills & Requirements Qualifications

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