Cost Engineer

FlatironDragados; Raleigh (NC); On-site; USD 75,000 - 95,000; Full time

Benefits offered by this job

Comprehensive compensation package

401(k)/RRSP

Medical/Dental/Vision

Wellness benefits

Tuition Reimbursement Program

Job summary

FlatironDragados is seeking a Cost Engineer in Raleigh, NC to monitor, analyze and forecast financial outcomes of construction projects. You will collaborate with experts to provide insights that improve financial performance and efficiency.

The role involves cost analysis, budgeting, forecasting, KPI monitoring, and supporting audits. A Bachelor’s degree and 3+ years in construction or related fields are required, with strong data analysis and communication skills.

Qualifications

• Bachelor’s degree in Engineering, Finance, Accounting or related field is required.
• Developing written and verbal communication skills.
• Able to forecast cost independently by analyzing actual cost and projecting accurately.

Responsibilities

• Assembles daily and weekly production documentation control reports.
• Performs cost analysis and spend tracking to monitor project costs and forecast outcomes.
• Assists in generation of project budget and monthly forecasting within cost control software.
• Documents, tracks and reports cost on assigned projects with project teams.
• Supports integration of systems to track and control costs and monitors KPIs.
• Assists in project close-out procedures by validating final revenue before billing.
• Audits accounting systems between Company and Owner systems for accuracy.
• Supports the financial audit process and submits monthly reporting.

Skills

Cost analysis

Forecasting

Budgeting

Financial reporting

Data analysis

Attention to detail

Communication skills

Project controls

Education

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

Tools

Cost control software

Accounting systems

Job description

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 project s within a district.

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

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.
• 3+ years experience in construction industry, quantities tracking, or engineering required.
• Developing written and verbal communication skills.
• Developing knowledge of cost forecast through understanding of the Job Cost Report.
• Able to forecast cost independently by analyzing actual cost and projecting accurately.
• Assist in production pre-planning by gaining general construction knowledge.
• Able to identify risk and opportunity by analyzing data and identify trends or areas of concern.
• Shows initiative in inquiries and document findings to mitigate risk or pursue opportunity.
• General construction finance knowledge with ability to understand project level reporting.
• Able to support accounts receivable & payable and other accounting functions.
• 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 $75,000.00/Yr.

Salary Max

USD $95,000.00/Yr.