Cost Engineer

Socket.dev; Indianapolis (IN); On-site; USD 76,000 - 80,000; Full time

Benefits offered by this job

Comprehensive compensation package and

paid time off program

Industry leading 401(k)/RRSP

Medical/Extended Health Care, Dental,

Vision and Wellness benefits

Tuition Reimbursement Program

Job summary

Socket.dev is seeking a Cost Engineer to monitor, analyze and forecast the financial outcomes of one or more construction projects within our Advanced Technology program, including Data Center market segments. You will assemble daily and weekly reports, analyze costs and spend, and support budgeting and monthly forecasting with our cost control software.

Collaboration with project teams is essential for accurate reporting.

Qualifications

• Bachelor’s degree in Engineering, Finance, Accounting or related field.
• Experience in construction industry, quantities tracking, or engineering preferred.
• Developing written and verbal communication skills.
• Developing knowledge of construction accounting principles and practices.
• Able to analyze data and identify trends or areas of concern.
• Strong attention to detail.
• Developing knowledge of construction project practices.

Responsibilities

• Assembles daily and weekly production documentation control reports.
• Performs cost analysis and spend tracking to monitor project costs and forecast final financial outcomes.
• Assists in or performs generation of project budget and monthly forecasting within Company supported cost control software.
• Uses Company determined process and practices to document, track and report cost on assigned projects.
• Works with project management team and project controls team to ensure accurate and timely reporting of financial information.
• Supports integration of Company systems to track, monitor and control costs.
• Assists project close out procedures by validating final revenue prior to final bill submission.
• Audits accounting systems between Company and Owner systems to ensure accuracy.
• Supports financial audit process on assigned projects.
• Generates, analyzes and submits monthly reporting.

Skills

Cost analysis

Forecasting

Budgeting

Data analysis

Attention to detail

Communication

Construction accounting

Project controls

Education

Bachelor's degree in Engineering, Finance, Accounting or related field

Job description

Overview

Are you driven by data and can turn numbers into actionable insights? As a Cost Engineer, you will play a pivotal role in monitoring, analyzing and forecasting the financial outcomes of one or more construction projects within a district.

Collaborate with industry experts and committed teams to provide insights and recommendations that enhance financial performance and efficiency.

This is a full-time position supporting an Advanced Technology project, which includes out Data Center market segments.

What you will be doing

• Assembles daily and weekly production documentation control reports.
• Performs cost analysis and spend tracking to monitor project costs and revenue and forecast final financial outcomes.
• Assists in or performs generation of project budget and monthly forecasting within Company supported cost control software.
• Uses Company determined process and practices to document, track and report cost on assigned projects. Works with project management team and project controls team to ensure accurate and timely reporting of financial information.
• Supports integration of Company systems to track, monitor and control costs. monitors the job cost report against key performance indicators (KPIs).
• Assists project close out procedures by validating final revenue prior to final bill submission.
• Audits accounting systems between Company and Owner systems to ensure accuracy.
• Supports financial audit process on assigned projects.
• Generates, analyzes and submits monthly reporting.

What we are looking for

• Bachelor’s degree in Engineering, Finance, Accounting or related field required.
• Experience in construction industry, quantities tracking, or engineering preferred.
• Developing written and verbal communication skills.
• Developing knowledge of construction accounting principles and practices.
• Able to analyze data and identify trends or areas of concern. Shows follow-through in inquiries and documents findings.
• Strong attention to detail.
• Developing knowledge of construction project practices.

Why work for us

Some of the benefits you may be eligible for as an employee are:

• Comprehensive compensation package and paid time off program
• Industry leading 401(k)/RRSP
• Medical/Extended Health Care, Dental, Vision and/or Provincial Medical
• Wellness benefits & Employee Assistance Program
• Tuition Reimbursement Program

We are an EEO/ADA/Veterans employer.

Salary Min

USD $76,000.00/Yr.

Salary Max

USD $80,000.00/Yr.