Cornerstone Concilium Inc
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Cost Engineer III
role at
Cornerstone Concilium, Inc. 1 day ago Be among the first 25 applicants Join to apply for the
Cost Engineer III
role at
Cornerstone Concilium, Inc. Description Of Duties
Manages project/s cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis. Develops and monitors budget/cost plans, seeking the optimum balance between cost, quality and time requirements. Interfaces closely with related disciplines involved in cost, budget, schedule, management and planning. Duties extend beyond preparing cost estimates and schedules by helping project manager determine resources and support assessment and decision-making. Description Of Duties
Manages project/s cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis. Develops and monitors budget/cost plans, seeking the optimum balance between cost, quality and time requirements. Interfaces closely with related disciplines involved in cost, budget, schedule, management and planning. Duties extend beyond preparing cost estimates and schedules by helping project manager determine resources and support assessment and decision-making.
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 LAWAs 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 LAWAs reporting needs Prepare data to support documentation required journal vouchers for budget transfers
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
Education/Training
Bachelors degree in Engineering, Construction Management, or other related field required Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Required cost engineer certification i.e. CCE, CCP.
Element-Specific Requirements/Notes
May assume other duties as required/needed. Maybe required to work various shifts as needed. Maybe required to work various shifts as needed
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
This is NOT a work from home position. This is a Monday-Friday full-time position in the office or on the project site at LAX
Salary Range:
$133,120 to $170,560 YR
Seniority level
Seniority level
Mid-Senior level Employment type
Employment type
Full-time Job function
Job function
Management and Manufacturing Industries
Business Consulting and Services Referrals increase your chances of interviewing at Cornerstone Concilium, Inc. by 2x Los Angeles, CA $150,000.00-$160,000.00 1 month ago Los Angeles Metropolitan Area 2 weeks ago Cost Engineer Hybrid-Remote Level 1,2 and 3
Los Angeles, CA $75,000.00-$150,000.00 1 month ago Cost Engineer- Aviation Construction (Anticipated Opening)
Anaheim, CA $65,000.00-$72,000.00 1 month ago Los Angeles, CA $166,000.00-$175,000.00 22 hours ago Project Controls Specialist - Cost Analyst
Monterey Park, CA $90,000.00-$95,000.00 1 month ago Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr
Cost Engineer III
role at
Cornerstone Concilium, Inc. 1 day ago Be among the first 25 applicants Join to apply for the
Cost Engineer III
role at
Cornerstone Concilium, Inc. Description Of Duties
Manages project/s cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis. Develops and monitors budget/cost plans, seeking the optimum balance between cost, quality and time requirements. Interfaces closely with related disciplines involved in cost, budget, schedule, management and planning. Duties extend beyond preparing cost estimates and schedules by helping project manager determine resources and support assessment and decision-making. Description Of Duties
Manages project/s cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis. Develops and monitors budget/cost plans, seeking the optimum balance between cost, quality and time requirements. Interfaces closely with related disciplines involved in cost, budget, schedule, management and planning. Duties extend beyond preparing cost estimates and schedules by helping project manager determine resources and support assessment and decision-making.
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 LAWAs 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 LAWAs reporting needs Prepare data to support documentation required journal vouchers for budget transfers
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
Education/Training
Bachelors degree in Engineering, Construction Management, or other related field required Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Required cost engineer certification i.e. CCE, CCP.
Element-Specific Requirements/Notes
May assume other duties as required/needed. Maybe required to work various shifts as needed. Maybe required to work various shifts as needed
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
This is NOT a work from home position. This is a Monday-Friday full-time position in the office or on the project site at LAX
Salary Range:
$133,120 to $170,560 YR
Seniority level
Seniority level
Mid-Senior level Employment type
Employment type
Full-time Job function
Job function
Management and Manufacturing Industries
Business Consulting and Services Referrals increase your chances of interviewing at Cornerstone Concilium, Inc. by 2x Los Angeles, CA $150,000.00-$160,000.00 1 month ago Los Angeles Metropolitan Area 2 weeks ago Cost Engineer Hybrid-Remote Level 1,2 and 3
Los Angeles, CA $75,000.00-$150,000.00 1 month ago Cost Engineer- Aviation Construction (Anticipated Opening)
Anaheim, CA $65,000.00-$72,000.00 1 month ago Los Angeles, CA $166,000.00-$175,000.00 22 hours ago Project Controls Specialist - Cost Analyst
Monterey Park, CA $90,000.00-$95,000.00 1 month ago Were unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI. #J-18808-Ljbffr