FCC Construction, Inc · 1 week ago
Cost Control Engineer
Philadelphia, PA, US
Full-time
Onsite
Mid Level
3+ years expFCC Construction, Inc 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 providing detailed cost analysis and reporting.
ArchitectureCivil EngineeringConstructionManufacturing
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
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
Preferred
Experience with cost management software and tools is preferred
Company
FCC Construction, Inc
FCC, Inc. is a full-service construction company with an extensive range of self-performing capabilities.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Wendy Dunkle
Chief Financial Officer
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