Cost Engineer
: Job Details :

Cost Engineer Engineering Are you ready to make a meaningful impact? Do you thrive on tackling complex challenges and leveraging your technical expertise to drive results? Do you value working in a supportive and inclusive environment where your professional growth is a top priority? At Group PMX, you'll have the opportunity to enhance your skills through comprehensive training, education, and in-house mentorship. We also encourage active participation in industry trade, business, and professional associations to keep you at the forefront of your field. Successful candidate will have specialized cost analysis experience and ability to perform all cost functions. Prepares and maintains client budgets for projects/programs. Manages the vetting and recording of costs for projects. Reviews and analyzes project invoices. Monitors cost history to develop trends and forecast cost at completion. Establishes and tracks contingency funds. Key Responsibilities: The qualified candidate will be expected to perform, at a minimum, the following duties: -Review, analyze, and process invoices and payment applications. Operate budget/cost system, including documenting and tracking changes to budget, commitments, and expenditures -Manage program and project-level budgeting implementation, including tracking of contingency distributions. -Support client by preparing and managing client budget, costs, forecasts, and contingencies. -Support the management of all external costs for a project. -Support the development of cost breakdown structure and chart of accounts for project. -Assist in establishing processes and procedures related to project cost management. Enable setup and initial loading of baseline budget into budget management system. Track or oversee tracking of all budget, commitment, and expenditure transactions. -Identify and track potential cost issues/overruns and investigates anomalies in budgets and actual expenditures. -Generate cash flow forecasts in alignment with project schedules. -Track multiple funding source distribution and drawdown. Generate or direct generation of standard and ad hoc reports including budget reports, forecast-at-completion estimates, and other reports as requested. -Support change order process, including recording estimate-at-completion (EAC) impacts of potential or requested change orders. Track project EAC by recording all potential changes to cost accounts, including change orders, trends, and deviations. -Performs other duties as assigned. Minimum Qualifications and Experience: -Experience in leading budget/cost management for large scale infrastructure or transit construction projects. -Associate's degree in Construction Management or Accounting and 6 years relevant experience, or -In lieu of education, 8 years of relevant experience -Experience working as client's PM/CM agent (e.g., providing program management/construction management services), or as part of design-build contractor (or equivalent design and construction experience) One Team. Shared Success.SM At Group PMX, we are more than just a project, program, and construction management company; we are a community of passionate professionals dedicated to delivering innovative solutions and creating collaborative environments that promote better project performance outcomes for our clients and partners. Our core purpose is to build, align, and coordinate high-performance teams around a project-first thinking culture. We foster a one team environment where every team member, from entry-level to senior management, plays a crucial role in our success. With a portfolio of over 1,000 projects for public, private, and nonprofit owners in buildings, infrastructure, and energy markets, we have a proven track record. Our services are tailored to meet our clients where they are, providing the talent, tools, and technology they need to keep moving forward. Whether managing the execution of projects, offering a suite of support services, or advising during critical project phases, we continuously strive for excellence. Our efforts have been widely recognized, and in 2024, ENR New York named us on its list of Top Contractors for the fifth consecutive year. Group PMX is a certified MBE, DBE, SBE, and LBE firm. Group PMX is a proud Equal Opportunity Employer Job #631 Salary: $110-125K Job DetailsCity: New York City State: New York