PM2CM, Inc. ยท 5 months ago
Senior Cost Engineer
Rosemead, CA
Full-time
Onsite
Senior Level
7+ years expPM2CM, Inc. is seeking a Senior Cost Engineer to oversee cost control functions for multiple large-scale projects. The role involves managing budgets, forecasts, and change orders while collaborating with various stakeholders to ensure effective financial management and reporting.
Management Consulting
Responsibilities
Oversee cost control functions for multiple large-scale projects, ensuring accuracy in the development and maintenance of project budgets, baselines, and expenditure plans for both short- and long-term project durations
Develop and manage cost forecasts, tracking project financials, and providing up-to-date expenditure projections. Ensure consistency in maintaining and adjusting budgets to align with project progress and changes
Handle the financial impacts of frequent change orders, ensuring that cost adjustments are accurately reflected in the project's financial plans
Support change control and contract negotiation/claim management processes
Assist in the implementation, analysis, and reporting of performance using industry metrics (e.g., earned value management)
Prepare routine and ad-hoc reports to assist project managers (PMs) and organizational units (OU) in monitoring and managing project costs. Reports may include budget vs. actuals, commitment, contingency, earned value, cost per unit, and cost impact analysis
Develop and maintain a risk register to assess and monitor the contingency required for projects. Use this data to support effective cost control and project decision-making
Conduct in-depth cost analysis, what-if scenarios, and research to assess the financial impact of different project decisions and conditions
Work closely with project stakeholders, including PMs, engineers, contractors, and finance teams, to gather relevant data and ensure alignment on project cost management
Communicate effectively with stakeholders at various levels of the organization, delivering clear, concise reports and presentations that summarize project costs, risks, and financial performance
Prepare project controls data request responses and work papers to support corporate/OU governance, internal/external audits, General Rate Cases, and regulatory filings
Qualification
Required
Seven or more years of experience in cost controls/management
Demonstrated experience in Project Management, Project Controls, and/or Construction Management, or equivalent experience. Utility construction/CA regulated/regulatory/EPC experience is desirable
Demonstrated knowledge and experience in contract negotiation/management, handling/reviewing claims, and processing/managing change orders
Demonstrated experience with Microsoft software (e.g., Word, Excel, PowerPoint, and Visio) and SAP or similar Enterprise Resource Solutions application
Demonstrated experience with Project Controls software (e.g., Project, Primavera, and Contract Manager)
A combination of education, training, and experience generally equivalent to those typically possessed by a 4-year college graduate (from an accredited institution in an applicable profession, business, or engineering/technical discipline). An advanced degree is preferred
Preferred
Excellent Excel Skills and the ability to use advance Excel functions
Effective communicator; able to speak with many different levels of management
Able to work independently in meetings
Experience with SAP is preferred
Generation, transmission or utility experience is preferred
PMP or project management experience
Strong willingness to learn and adapt
Company
PM2CM, Inc.
PM2CM, Inc., is an emerging certified small business enterprise and DBE, dedicated to providing Program and Project Management and Project Controls services during the design and construction phase of projects.
2-10 employees
H1B Sponsorship
PM2CM, Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (1)
2024 (2)
2021 (1)
Funding
Current Stage
Early StageCompany data provided by crunchbase