Cost Controls Specialist

Overview

Manage project budgets, cost tracking, and financial reporting for large infrastructure projects.

Key Responsibilities

• pmweb updates
• job costing
• cost-to-complete
• budget monitoring
• change order
• progress reporting

Tasks

-Prepare data to support documentation required journal vouchers for budget transfers -Monitor project budgets for the multi-billion-dollar Capital Improvement Program at Los Angeles World Airports. -Analyze change order values against current contingency budget and prepare reconciliations to include in the current forecast at completion. -Prepares job costing reports to allocate these expenditures against the appropriate WBS numbers. Ensure that both commitments and expenditures follow the same allocation methodology. -Analyze task order values against current allowance budget and prepare reconciliations to include in the current forecast at completion. -PMWeb - Update contract commitments, reconcile and analyze actual expenditures, perform budget transfers, monitor trend status and maintain continuity of WBS structure -Review and analyze sub-contractor invoices, ensuring expenditures are accurately incurred against appropriate Schedule of Values accounts -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. -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. -Analyze bid award values against current budget and prepare reconciliations to include in the current forecast at completion. -Perform Project closeout resourcefully to ensure PMWeb Data is complete for LAWA’s reporting needs

Requirements

• cost management
• excel
• bachelor's
• ccp
• microsoft project
• analytical

What You Bring

-A minimum of 5 years' experience in cost management for construction projects -Ability to handle multiple, diverse assignments -Proficient with MS Office, especially Excel -Knowledge of financial principles and budgeting practices. -Must have good organizational and communication (written and verbal) skills. -Bachelor's degree in Engineering, Construction Management or related field -Professional certifications such as Certified Cost Professional (CCP) or similar will be advantageous. -A minimum of 7 years of experience in cost estimation, project management, or financial analysis -Strong analytical and problem-solving skills. -Ability to work collaboratively in a team environment.. -Familiar with Microsoft Project, cost estimating and control software and PMIS experience

People Also Searched For

About Hdr

-provides innovative and sustainable solutions for infrastructure, buildings, and the environment. -combines engineering, architecture, and environmental stewardship in a holistic approach. -designing award-winning transit systems, water treatment plants, and energy-efficient buildings. -iconic public buildings and large-scale infrastructure projects.

Sector Specialisms