Cost Engineer

Company: CMTS LLC
Location: Los Angeles
Posted on: April 16, 2025

Job Description:

Every day at CMTS, we undertake impactful infrastructure projects that positively impact lives and communities. CMTS has 40-years of extensive industry experience, which ensures a strong foundation for ongoing success. Our company values employees by fostering a culture of learning, personal development, and well-being. We prioritize work-life balance and ethical business practices and engage with our community through employee-driven initiatives. Join us on our journey of growth and success! We are currently seeking a highly motivated Sr. Cost Engineer located in Los Angeles, CA.. Overview: Th e 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. Required Education: Bachelor's degree in Engineering, Construction Management, or other related field required Required Certifications/Licenses: Required cost engineer certification i.e. CCE, CCP. Preferred Certifications/Licenses: Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Required Qualifications: In order to become a candidate, you must possess the following skills and abilities: 10 years or more of cost engineering experience directly related to construction projects, preferably aviation projects Experience managing a team of cost engineers Managing and reporting cost components of large-scale, complex projects; including developing and managing a progress reporting methodology for a complicated design effort. Ability to understand technical and complicated construction program and the ability to communicate progress to both technical- and management-level personnel. Preferred Qualifications: Experience with Prolog is highly desirable Experience with Design-Build and Construction Management at Risk delivery methods is desirable Responsibilities: 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 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. 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 This is NOT a work from home position This is a salaried position based on 40 hours per week at the applicable all-in labor rate. This is a Monday-Friday full-time position in the office or on the project site at LAX Salary: $161,000-170,000/yr. Bonus Pay: A bonus may be granted to employees depending on individual performance, employee utilization, attendance, tenure, and furtherance of other non-financial corporate goals; bonus opportunities are available at management's discretion. CMTS LLC offers 100% company-paid medical, dental, vision, 401k, life, and long-term disability insurance coverage for employees. CMTS, LLC is an Equal Opportunity Employer that does not discriminate based on actual or perceived race, creed, color, religion, alienage or national origin, ancestry, citizenship status, age, disability or handicap, sex, marital status, pregnancy, veteran status, sexual orientation, genetic information, arrest record, or any other characteristic protected by applicable federal, state, or local laws. Our management team is dedicated to this policy with respect to recruitment, hiring, placement, promotion, transfer, training, compensation, benefits, employee activities and general treatment during employment. Employment Type: Full Time Salary: $161,000 - $170,000 Annual

Keywords: CMTS LLC, Orange , Cost Engineer, Engineering , Los Angeles, California