Construction Project Controls / Cost Engineer

at Turner & Townsend
Location Los Angeles (Downtown)
Date Posted March 3, 2024
Category Construction
Job Type Not Specified

Description

Job Description

Turner & Townsend is seeking a Project Controls / Cost Engineer responsible for developing, maintaining, and reviewing cost management data including budget and cost forecast and providing accurate and timely reporting of cost data including:

Responsibilities:

Develop and review monthly reports for accuracy of cost information

Review and analysis of variances in cost and schedule and make recommendations for corrective actions

Coordinate and gather all information for special reports and requests

Support the Program Cost Controls Lead and Senior Cost Engineer in reviews and meetings

Reconciliation and edits to the Cost Management System for Budget, Cost and Change Information

Develop and Coordinate cost management updates to assist PCM's, PC, CM's and PC Leads with current Budgets, Actuals, Accruals, Forecasts and Changes.

Support the development, compilation, and production of a multi-billion rail transit Program report(s) covering progress, cost, cash flow, earned value, risk, schedule and other relevant information.

Verifying changes are properly reflected in the cost forecast

Update, reconcile and Report changes (202's and BOC's) into and from the Change Management Table for tracking Pending and Approved Changes and Contingency Utilizations

Coordinating with Regional Project Controls for required project level reporting.

Typical Duties:

(40%) Develops monthly cost reports:

Coordinates with regional project controls staff for required project-level reporting.

Performs weekly QA/QC of the project cost data and communicates corrections.

Assists the Program Cost Lead and Senior Coast Engineer with loading the cost data into the Cost Management System to capture cost reports.

Prepares Program Controls functional unit Cost Budget.

Monitors and reports monthly on hours and cost for Budget, Forecast, and Actual.

(35%) Develops monthly accruals and burn rates for Program Director's approval:

Communicates with project managers to acquire cost data from each project.

Provides monthly burn rates and reversal for monthly accruals.

(25%) Verifies changes are properly reflected in the cost forecast and assesses impact on contingency, escalation, and cash flow:

Assists Program Cost Lead and Senior Cost Engineer with cost forecasts and funding that conforms to the Cost Management Plan.