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Senior Cost Engineer

CFS Arlington, Virginia, US

About the Role

I am working with a well-known company looking to hire a Senior Project Cost Engineer. They have a fantastic corporate culture with strong leadership at the top. They are big proponents of treating all employees as their most important asset, so it's a nice environment. This person will collaborate with the executives and perform internal audits and reviews of project budgets and status reports. Some of the responsibilities include:

  • Generate monthly profit forecasts and performance dashboards for senior management based on ongoing project analysis.
  • Monitor and maintain budgets and job status reports for a portfolio of construction projects on a recurring monthly schedule.
  • Mentor junior cost engineers and provide guidance and support to team members as needed.
  • Lead regular job status meetings with stakeholders and project teams to review financial and operational progress.
  • Deliver training to both office and field personnel on the use of project management software tools.
  • Prepare and compile various monthly financial reports for executive leadership review.
  • Analyze project cost data to identify risks, cost-saving opportunities, and implement effective mitigation strategies.
  • Contribute to the preparation of new construction project proposals for evaluation and approval.
  • Support project executives with cost tracking, forecasting, subcontractor management, and change order administration.
  • Offer cost-related insights and strategic recommendations to project teams and executive leadership.
  • Audit and reconcile project performance using project management software to ensure accuracy and compliance.
  • Continuously enhance and promote cost control best practices across the organization.

Requirements:

  • 5+ years of construction industry experience
  • Strong understanding of budgeting, forecasting, cost control techniques and cost estimation principles


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Responsibilities

  • Collaborate with executives to review budgets and status reports
  • Generate monthly forecasts and dashboards for senior management
  • Mentor junior cost engineers and lead cost control initiatives

Qualifications

  • 5+ years construction cost/estimation experience
  • Proven budgeting, forecasting and cost control skills
  • Experience with project management and cost management software

Required Skills

cost estimation budgeting and forecasting cost control financial reporting project cost analysis

Keywords

senior cost engineer construction cost project cost control budget forecasting cost management

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Job Overview

Date Posted 2 days ago
Location Arlington, Virginia, US
Job Type Full-time
Work Mode Remote
Experience 5+ years
Category Finance accounting banking, Cost engineering, Construction project cost management

About the Company

CFS