Senior Cost Engineer

We harness the power of innovation so that you can change the world and help our customers solve their most complex challenges

California
R166500
Project/Program Management
Additional posting locations:
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In a world of possibilities, pursue one with endless opportunities. Imagine Next!

When it comes to what you want in your career, if you can imagine it, you can do it at Parsons. Imagine a career working with exceptional people sharing a common quest. Imagine a workplace where you can be yourself. Where you can thrive. Where you can find your next, right now. We’ve got what you’re looking for.

Job Description:

Parsons is looking for an amazingly talented Sr. Cost Engineer to join our team! In this role you will manage project/s cost, involving such activities as estimating, cost control, cost forecasting, investment appraisal and risk analysis.

This position is seconded to the multi-billion-dollar Capital Improvement Program at Los Angeles World Airports.  The selected candidate must be willing to commute to LAX five days a week.

What You'll Be Doing:

  • Develops and monitors budget/cost plans, seeking the optimum balance between cost, quality and time requirements. Interfaces closely with related disciplines involved in cost, budget, schedule, management and planning.
  • Duties extend beyond preparing cost estimates and schedules by helping project manager determine resources and support assessment and decision-making.
  • 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

  • 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 client's reporting needs

  • Prepare data to support documentation required journal vouchers for budget transfers

What Required Skills You'll Bring:

  • Bachelor’s degree in Engineering, Construction Management or related field
  • Certifications may include PMP, PE, and/or any other relevant Professional Licensure or Certification. Required cost engineer certification, i.e. CCE, CCP
  • 0 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

  • Demonstrated proficiency with a large-scale cost reporting system is required; experience with Prolog is highly desirable. 

  • Proficient in Microsoft Office Suite and Bluebeam


 

Minimum Clearance Required to Start:

Not Applicable/None

This position is part of our Critical Infrastructure team.

For more than 80 years, our experts have designed and delivered the critical infrastructure that connects and protects communities around the world. We work in collaborative teams, both within the company and with our partners and customers, to plan, design, build, and modernize infrastructure. We take special pride in projects and solutions that improve communities as well as people’s quality of life by promoting economic growth, enhancing mobility, and increasing sustainability and resiliency. Powered by our people, we provide the imagination necessary to support our customers’ visions—and to help them see what's next!

Salary Range: $108,700.00 - $190,200.00

We value our employees and want our employees to take care of their overall wellbeing, which is why we offer best-in-class benefits such as medical, dental, vision, paid time off, Employee Stock Ownership Plan (ESOP), 401(k), life insurance, flexible work schedules, and holidays to fit your busy lifestyle!

Parsons is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, veteran status or any other protected status.

We truly invest and care about our employee’s wellbeing and provide endless growth opportunities as the sky is the limit, so aim for the stars! Imagine next and join the Parsons quest—APPLY TODAY!

Parsons is aware of fraudulent recruitment practices. To learn more about recruitment fraud and how to report it, please refer to https://www.parsons.com/fraudulent-recruitment/.

COMPETITIVE BENEFIT OFFERINGS

Financial Wellness

We care about your financial wellbeing. Parsons offers competitive pay and retirement plans to help you build wealth for the future while giving you the flexibility to diversify your investments.

Work Life Harmony

Balance in life is important and time away from the office is imperative to allow you to refresh and focus your attention on the things that matter to you. Parsons supports your time away by providing paid time off and paid flexible holidays.

Career Development

We are committed to fostering the personal and professional growth of our employees. Develop and advance yourself though our comprehensive training, educational and mentorship programs.

Veteran Support

We provide Industry leading benefits to support veterans and active-duty members to provide security for you and your family by offering robust leave and benefits; including paid active-duty military leave and paid time off when transitioning back to civilian life.

Mind & Body

At Parsons we inspire healthier habits, heathier minds, and a healthier you through our wellness program. Participate in our weekly Meditation Mondays and Wellness Wednesdays. Wellness, at Parsons, is more than just your annual checkup.

Health

Health is not a one size fits all. At Parsons, we offer a robust Employee Assistance Program as well as comprehensive medical, dental and vision plans through large, national carriers with the choice of regional PPO, HDHP, or HMO networks.

Want to learn more about the benefits eligible for the Parsons’ location you are interested in? Click below to find out more!
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