Reef · 1 month ago
Senior Cost Engineer
Park City, UT
Full-time
Hybrid
Senior Level, Lead/Staff
$150K/yr - $150K/yr
8+ years expReef is a Utah-based vertically integrated investment and development firm founded in 2005, with a focus on Investments, Real Estate, and Lifestyle. The Senior Cost Engineer will lead cost management efforts across multiple development projects, supervising cost estimating, evaluations, and analyses to support project planning and decision-making.
Asset ManagementProperty DevelopmentProperty ManagementReal Estate Investment
Responsibilities
Lead program and project estimating activities while maintaining Reef's corporate cost resources and reference library for multiple development project types
Track and report project costs; input cost metrics used to evaluate development opportunities
Review design scope criteria, quantities, and estimate bases for completeness and reasonableness; establish conceptual scopes when definition is limited
Supervise preparation of cost estimates and verify scope, quantity, and cost comparisons across projects
Coordinate pricing structures and cost criteria for all disciplines; establish summary formats, cost segregation, confidence levels, and risk identification
Prepare or review distributable and indirect cost estimates, including temporary facilities, equipment, field services, taxes, and foreign currency/exchange rate considerations
Conduct productivity analysis, establish productivity baselines, and review labor estimates for reasonableness
Develop bid evaluation cost and schedule criteria, perform bid evaluations, and participate in vendor discussions when needed
Maintain and update cost data files, vendor cost information, and material unit rate applications
Prepare cost studies using historical data, statistics, and cost/quantity comparisons; develop innovative analytical techniques as needed
Prepare cost trend estimates and support cost trend programs
Implement measurement systems, analyze performance metrics using statistical tools (regression, ANOVA, correlation), and identify system improvements, including bias and stability issues
Identify cost analysis needs and recommend development or modification of cost engineering data standards
Direct or perform cost analysis activities across projects
Define project cost control requirements in alignment with Reef standards, contracts, and objectives
Supervise timely execution of cost control activities and ensure cost recording, monitoring, and reporting practices comply with standards
Oversee the development, accuracy, and consistency of cost engineering reports; issue reports required by Reef management and project procedures
Review designs and specifications for cost effectiveness and recommend alternatives
Supervise the collection, verification, and integration of work scope across all entities into a total project plan
Coordinate information input into studies, integrate total work scope, evaluate results, and recommend conclusions
Supervise or direct project schedule staffing and quantity reporting
Interface with Reef management, project finance teams, and lenders for cost presentations
Maintain strong working relationships with Project Directors, Project Managers, discipline leads, and engineering teams
Plan reports and meetings to ensure ongoing alignment with project leadership and cross-functional teams
Provide recommendations on cost engineering staffing and project controls requirements; prepare detailed staffing plans
Help develop and deliver training sessions and on-the-job training for cost engineering processes and best practices
Qualification
Required
Bachelor's degree in Engineering (Civil, Mechanical, Industrial, Electrical, or similar), Construction Management, Quantity Surveying, Finance, or a closely related discipline is required; a master's degree and ASCE or ASPE certification is a plus, but not required
8-10 years of experience in cost engineering, including cost estimating, cost control, and cost analysis in both field and home office environments
Experience in performing, monitoring, and reviewing cost engineering functions, which include cost estimating, cost control, and cost analysis, in the field and the home office
Experience establishing and using cost reference databases to build the corporate cost reference library
Knowledge of supervision, personnel administration, and training of technical and non-technical personnel
Statistical knowledge in the areas of sampling, distributions, probability, and hypothesis testing for metrics
Skilled in oral and written communication
Proficiency with PC operating systems, with experience using engineering and cost-engineering related programs
Knowledge of financial reporting systems, controller account codes, and understanding of Controller instructions, which impact Project Controls (including Project Financial Status Reports and Earned Revenue Determination Data)
Intermediate level of knowledge of engineering, procurement, contracts, construction, and startup work processes
Benefits
401(k) Plan with Company Match
Generous Health Plan with HSA Match
Flexible Paid Time-off
Cell Phone Service Allowance
Discounts at Company-owned Resorts and Golf Courses
Company
Reef
Reef Capital Partners is a privately held firm creating lasting value through real estate, investment, and lifestyle experiences.
51-200 employees
H1B Sponsorship
Reef 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
2024 (2)
2023 (3)
2022 (17)
2021 (34)
2020 (2)
Funding
Current Stage
Growth StageLeadership Team
J
Jared Lucero
President and CEO
Recent News
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