New 
Cost Engineer III
 Flux Resources, LLC | |
 United States, California, Los Angeles | |
| 145 S Spring St Ste 120 (Show on map) | |
 Jul 25, 2025 | |
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Synopsis
The ICP (Asset Renewal) Sr. Cost Engineer reports to the ICP Project Manager. The ICP Sr. Cost Engineer shall be responsible for developing and maintaining cost data for the ICP. The ICP replaces end-of-life airport assets, primarily MEP, vertical transportation systems, building enclosure and passenger boarding bridges. Position Description Summary The successful candidate will have proven cost engineering experience with complex, multi-phase, multi-million-dollar construction and/or renovation 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. Key Identifiers for the Position * 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 Progressive GMPs, Design-Build and Construction Management at Risk delivery methods is desirable. * Demonstrated ability to understand technical and complicated construction programs 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. 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 Hardware/Software Knowledge * Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly desirable. * Proficient in Microsoft Office Suite and Bluebeam Professional Experience Level/Other Qualifications * 10 years or more 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 | |