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FCC Construcción · 1 day ago

Cost Control Engineer

Philadelphia, PA

Full-time

Onsite

Mid Level

3+ years exp

FCC Construcción is seeking a Cost Control Engineer to provide cost control and financial support for projects. The role involves developing cost estimates, tracking expenditures, and ensuring projects remain within budget while supporting the Cost Control Manager.

Construction

Responsibilities

Provides support to develop and maintain budgets, forecasts, and overall cost control for the project. Includes cost coding, invoices review, cost-to-date analysis, cost projection analysis, expenses review, cost and time allocation, etc., collecting actual installation, monitoring progress per cost account, etc

Support supervision (or construction management through preparation and maintenance of budgets, forecasts, cost allocation, etc.). Includes identifying potential cost overruns and re-forecasting over-expended accounts, etc

Supervise and support the updating of project forecasts to reflect the most accurate/current cost and estimate information

Interface with other project/organization departments to provide cost-related data for items such as budget, forecast, invoices, payments, subcontract change orders , quantities, bid comparisons, new work item estimates, and general expenditure control

Prepare and analyze information for monthly cost control meetings and other cost, budget, forecast related meetings

Ensure accurate and timely updating of financial records and cost data in the project management system

Evaluate and document the cost implications of change orders and ensure proper approval and recording

Support the review of contracts to ensure cost control measures are effectively implemented

Ensure proper documentation and filing of all cost-related records, including invoices, change orders, and financial reports

Assist in identifying potential financial risks and providing recommendations for mitigating cost overruns

Track and report on the effectiveness of risk mitigation measures and their impact on the project budget

Perform additional cost-related analysis as per specific project requirements

Perform additional assignments per the supervisor's direction

Qualification

Cost managementFinancial analysisBudget forecastingCost management softwareConstruction industry experienceAnalytical skillsCommunication skills

Required

Bachelor degree in Construction Management, Engineering, Finance, Accounting, or a related field

3-5 years of experience in cost/estimating, financial management, or a related role within the construction industry

Ability to select/apply resource monitoring and control techniques i.e., cost accounting, budget analysis, etc., as well as an understanding of the nature of process systems, structures, and construction technology required

Strong ability to analyze cost data and provide accurate financial insights