Senior Cost Engineer

1 month ago

Chennai, India Caresoft Global Full time

The Senior Cost Engineer duties include, but are not limited to, the following:

  • Monitor project budgets for a multi-billion dollar Capital Improvement Program.
  • Review and analyze sub-contractor invoices for accuracy, earned to date values and legitimacy of charges (PA authorizations, ODC validation, task order NTE values, etc). Assign job costing reports to allocate these expenditures against the appropriate WBS to 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, 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 and sub-consultants to ensure necessary budget and/or contract capacity exists.
  • Analyze bid award values against current budget and prepare reconciliations to include in the current forecast at completion.
  • Analyze change order values against current 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

To effectively perform the essential functions of the job, candidates must meet the following position specifications:

Job Qualifications:

  • Bachelors degree in related field, preferred
  • 5 to 10-years cost engineering experience with minimum, 3 to 5-years in direct support of an active construction project.
  • 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 (CMAR) delivery methods is desirable.
  • Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly desirable.
  • Demonstrated ability to understand technical and complicated construction program and the ability to communicate progress to both technical- and management-level personnel.
  • Thorough familiarity and proficiency with MS Office Suite software applications (i.e., Word, Excel, PowerPoint, Outlook).
  • Ability to work with others.
  • Self-starter with results-driven focus.
  • Capability to assume additional responsibilities.
  • Proven accuracy, reliability and completeness in job accomplishment.
  • Demonstrated success on the job, as evidenced by satisfactory performance, acceptance of responsibility and growth in previous position.
  • Effective oral and written communication skills, with an ability to communicate complex issues to a non-technical
  • Airport experience is Highly Desirable
  • Flexible to a potentially varying shift time or overtime schedule


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