Cost Engineer - Industrial

Job Description

Job Description

PURPOSE

Under the guidance of the Project Controls Team Leader, the Cost Engineer will support the project team by developing project specific cost reports, track project cost information, forecast project cost, analyze trends, and participate in project controls reporting on all industrial projects.

ESSENTIAL FUNCTIONS AND RESPONSIBILITIES

The following duties are typical for this job. These are not to be constructed as exclusive or all inclusive. Other duties may be required and assigned.

Key Responsibilities and Expectations:

• Utilize project schedule, phase to budget information, and procurement plans to create initial baseline WIP plans.
  • Create Staffing Plans with PM for tracking Project Management WIP Plan
  • Utilize Project Schedule for development of Field WIP
  • Work with PM on procurement plan to create Procurement WIP
  • Utilize Sub WIP to develop overall project WIP
  • Update and maintain Project WIP for ongoing monthly Project Reporting
• Create and adjust project specific reporting templates to match project reporting requirements.
  • Create and maintain Project Specific Phase to Budget Forecasting Template
  • Create and maintain Project Specific Cost Reporting Template
• Understand and track phase to budget per project to allow for accurate reporting on project controls monthly reports.
  • Update Reporting Template to include project changes
  • Monthly audit of Phase to Budget to ensure reporting template match project management dashboard.
• Utilize Project Specific Phase to Budget Forecasting Tool by inputting actuals, billed information, and Update percent complete per phase code to forecast at completion cost.
  • Review Information monthly with Project Managers
  • Ability to understand and communicate changes and variances from plans.
• Work with team on ensuring work breakdown structure and cost breakdown structure align
• Create and maintain Project Cost reports to be included in monthly owner reports.
• Utilize Spectrum and P6 to Create LPI Reports based on earned value and actuals per project.
• Verify the accuracy of automated reports
• Research variances in cost reports
• Develop plans to ensure cost reporting on projects can be executed based on the requirements per project.

MINIMUM EDUCATION & EXPERIENCE REQUIRED TO PERFORM ESSENTIAL FUNCTIONS

• Bachelor’s degree in related field or the equivalent through experience (typically six years of related progressive work experience)
• Extensive practical experience with MS Office application (Excel, Word, Access)
• At least 2 years of Accounting or Financial industry specific experience.
• Ability to understand and communicate Earned Value Concepts

CERTIFICATES, LICENSES, REGISTRATIONS

• Valid driver’s license
• Procore Certifications preferred

MENTAL AND PHYSICAL COMPETENCIES REQUIRED TO PERFORM ESSENTIAL FUNCTIONS

• Excellent organization and communication skills
• Project Management skills as well as personal management skills
• Accounting software knowledge
• Advanced computer software skills
• Problem solving capability
• Able to multi-task and manage time effectively
• Must have construction knowledge

ENVIRONMENTAL ADAPTABILITY

• Prolonged periods of sitting at a desk and working on a computer
• Must be able to lift 10 pounds occasionally

EQUIPMENT / TOOLS

• Laptop Computer

Baker Group is an Equal Opportunity Employer. In compliance with the Americans with Disabilities Act, Baker Group will consider reasonable accommodations for qualified individuals with disabilities and encourage prospective employees and incumbents to discuss potential accommodations with the Employer.