Cost Engineer III
T5 Sr. Cost Engineer, TDIP-81
PS1205

Synopsis
The Terminal 5 (T5) Sr. Cost Engineer reports to the T5 Program Controls Manager. The T5 Sr. Cost Engineer shall be responsible for developing and maintaining cost data for the T5 Program. The Terminal 5 Program covers the full demolition and rebuild of the Terminal 5 headhouse and concourse, as well as various enabling scopes to vacate the existing building.

Position Description Summary
The successful candidate will have proven cost engineering experience with complex, multi-phase, multi-million-dollar construction and/or renovation projects. The general job duties include: Prepares detailed computer generated cost reports, charts and diagrams; Provides analysis and review of cost/budget expenditure and maintains cost control reports; Promptly reports anticipated cost overages or other unsatisfactory cost elements; Maintains liaison with Data Processing in developing support for network calculations, printouts and cost reports, and other cost related services.

Key Identifiers for the Position
• 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 Progressive GMPs, Design-Build and Construction Management at Risk delivery methods is desirable.
• Demonstrated ability to understand technical and complicated construction programs and the ability to communicate progress to both technical- and management-level personnel.
• Ability to work with others, a self-starter with results-driven focus.

Essential Job Duties
The Cost Engineer duties include, but are not limited to, the following:
• Monitor project budgets for the multi-billion-dollar Capital Improvement Program at Los Angeles World Airports.
• Review and analyze sub-contractor invoices, ensuring expenditures are accurately incurred against appropriate Schedule of Values accounts
• Prepares job costing reports to allocate these expenditures against the appropriate WBS numbers. 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, and 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, sub-consultants, and City of Los Angeles Interdepartmental Orders to ensure necessary budget and/or contract capacity exists, and ensure these actual commitments are accurately entered/tracked into LAWA’s system of record
• Analyze bid award values against current budget and prepare reconciliations to include in the current forecast at completion.
• Analyze change order values against current contingency budget and prepare reconciliations to include in the current forecast at completion.
• Analyze task order values against current allowance 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
• Coordinate with LAWA Governance Body to ensure changes to budgets are approved via the Reconciliate Process or Capital Improvement Program Change process
• Perform Project closeout resourcefully to ensure Prolog Data is complete for LAWA’s reporting needs
• Prepare data to support documentation required journal vouchers for budget transfers

Hardware/Software Knowledge
• Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly desirable.
• Proficient in Microsoft Office Suite and Bluebeam
Professional Experience Level/Other Qualifications
• 10 years or more of cost engineering experience directly related to construction projects, preferably aviation projects
• Experience managing a team of cost engineers
• 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 delivery methods is desirable.
• Demonstrated ability to understand technical and complicated construction program and the ability to communicate progress to both technical- and management-level personnel.
• Ability to work with others, a self-starter with results-driven focus.
• Proven accuracy, reliability and completeness in job accomplishment