Cost Engineer

J.F. White Contracting Co.; New York (NY); On-site; USD 80,000 - 110,000; Full time

Job summary

J.F. White Contracting Co. in New York is seeking a financial analyst to manage budget generation, track project costs, and ensure accurate reporting within the company. This role requires a Bachelor's degree and 3+ years of construction industry experience. Responsibilities include assembling financial reports, performing cost analysis, and assisting with project close-outs. The salary ranges from $80,000 to $110,000 per year, making it a valuable opportunity for professionals in construction finance.

Qualifications

• 3+ years of experience in the construction industry, quantity tracking, or engineering required.
• Ability to forecast costs independently by analyzing actual costs and projecting accurately.
• Strong understanding of project-level reporting and financial controls.

Responsibilities

• Assemble daily and weekly production documentation control reports.
• Assist in project close-out procedures by validating final revenue prior to final bill submission.
• Generate, analyze, and submit monthly reporting.

Skills

Cost analysis

Financial forecasting

Attention to detail

Construction industry knowledge

Risk identification

Written and verbal communication

Education

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

Job description

Essential Duties

• Assemble daily and weekly production documentation control reports.
• Perform cost analysis and spend tracking to monitor project costs and revenue, and forecast final financial outcomes.
• Assist in or perform generation of project budgets and monthly forecasting within company-supported cost control software.
• Use company-determined processes and practices to document, track, and report costs on assigned projects. Work with the project management and project controls teams to ensure accurate and timely reporting of financial information.
• Support integration of company systems to track, monitor, and control costs. Monitor the job cost report against key performance indicators (KPIs).
• Assist in project close-out procedures by validating final revenue prior to final bill submission.
• Audit accounting systems between company and owner systems to ensure accuracy.
• Support the financial audit process on assigned projects.
• Generate, analyze, and submit monthly reporting.
• Maintain knowledge of company values and strategic plan.
• Perform additional assignments as directed by management.

Education And/or Experience

• Bachelor’s degree in Engineering, Finance, Accounting, or a related field required.
• 3+ years of experience in the construction industry, quantity tracking, or engineering required.
• Developing written and verbal communication skills.
• Developing knowledge of cost forecasting through understanding of the Job Cost Report.
• Ability to forecast costs independently by analyzing actual costs and projecting accurately.
• Assist in production pre-planning by gaining general construction knowledge.
• Ability to identify risks and opportunities by analyzing data and identifying trends or areas of concern.
• Show initiative in inquiries and document findings to mitigate risk or pursue opportunity.
• General construction finance knowledge with the ability to understand project-level reporting.
• Ability to support accounts receivable & payable and other accounting functions.
• Strong attention to detail.
• Developing knowledge of construction project practices.

Compensation : $80,000- $110,000 per year.