Cost Engineer

Overview

Analyze and audit project costs, forecasts, and budgets for construction projects.

Key Responsibilities

• contract review
• cost auditing
• budget forecast
• site visits
• risk assessment
• report generation

Tasks

-Know project contract with Owner and Turner’s contractual rights. -Work with project accounting to ensure costs are posted correctly to ledger. -Participate in Payment Application creation and understand connection with Budget Report. -Visit jobsites, evaluate project progress and conditions, and review findings with project management. -Train and develop new Costs Analysts and project staff. -Monitor and understand project cash position. -Review current field conditions in trades and evaluate costs, Superintendent’s Instruction to Subcontractors (SISs), exposures, claims and recoveries. -Provide budget audit findings and ensure project makes all corrections. -Audit project re-forecasted projections and studies as project conditions change. -Participate in Operations Review Meetings (ORMs) with senior business unit management. -Assess project financial risks and report project plan to mitigate risks. -Ensure proper contract review, Contract Authorization (CA), and Peckar & Abramson checklist to understand business deal, assumed contractual risks, and potential earnings impact. -Validate final revenue before final bill submission. -Act as bridge between Accounting and field staff. -Audit budget report for accuracy and ensure it reflects all costs posted to ledger. -Analyze current budget reports, holds, and unboughts. -Establish Work Breakdown Structure (WBS) Element for allocation of costs, work with Engineering and Finance. -Audit project forecast of General Conditions, General Requirements, staff and labor projections to accurately forecast costs. -Maintain complete knowledge of all general contract documents and relationship of job estimate to contract documents. -Prepare final Cost Audited Budget Analysis Report (CAB), reconcile to final contract value and cost. -Accumulate, audit, and correlate information from all sources to produce required cost reports such as Budget Analysis Reports (BARs), special studies, and Cost-audited BARs (CABs); prepare interpretive analysis as required.

Requirements

• sap
• self-starter
• detail-oriented
• excel
• bachelor’s
• communication

What You Bring

-Understand and audit SAP forecasting workbenches. -Self-starter, adaptable, and flexible to operate with minimal direction and/or supervision working in complex and changing environment -Exercise independent judgment and discretion, ability to identify problems and make recommendations for resolution -High degree of organizational skills and exceptional attention to detail -Financial system applications proficiency and advanced MS Excel -Bachelor’s Degree in Accounting, Finance, Engineering, Construction Management or related field, and 3 years of related experience, or equivalent combination of education and/or experience -Professional written and verbal communication skills

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About Turner Construction Company

-With a rich legacy, the company has delivered iconic projects such as the Burj Khalifa and New York’s One World Trade Center. -The company specializes in a wide range of sectors, including commercial, residential, industrial, and infrastructure construction. -The company has earned a reputation for executing complex, large-scale projects on time and within budget. -The company’s expertise extends to diverse civil works, including heavy civil projects like bridges, roads, and utilities. -The company is also known for its innovative approach, integrating advanced construction techniques and sustainability in its projects. -The company has consistently ranked among the top global contractors.

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