Cost Engineer Underground Construction

Traylor Bros. Inc.; Secaucus (NJ); On-site; USD 85,000 - 120,000; Full time

Job summary

Traylor Bros., Inc. is seeking a Cost Engineer to support the project team with budgets, forecasting and cost control. You will work on the project site under the Project Controls Manager, applying strong analytical skills and teamwork to deliver accurate cost reporting and risk mitigation.

Responsibilities include budgeting, cost tracking, change orders, and supplier negotiations, with opportunities to mentor junior staff and contribute to project audits and close-out efforts.

Qualifications

• Bachelor’s degree in engineering, business or equivalent is required.
• 3-4 years of construction experience is required.
• Ability to read and analyze engineering drawings and specifications.
• Strong knowledge of contracts and contract language.
• Ability to identify, prioritize and mitigate project risk.
• Proficient with MS Office and SharePoint.
• Excellent analytical and communication skills; team oriented.
• Strong time management and organizational skills.

Responsibilities

• Develop and maintain project budgets, and update budgets for changes.
• Support cost tracking, reporting and forecasting with weekly quantity checks.
• Assist in change order management and negotiation for additional work.
• Assist with monthly project cost forecasting and audits.
• Participate in subcontractor and material supplier analysis and negotiations.
• Provide supervision or training to junior staff as needed.
• Assist in project close-out and maintaining customer relationships.
• Perform other duties as assigned by supervisor.

Skills

Analytical skills

Team player

Written communication

Oral communication

Time management

Organizational skills

Discretion & confidentiality

Reading drawings & specs

Contract knowledge

Risk identification

Budgeting & cost tracking

Education

Bachelor’s degree in engineering, business or equivalent

Tools

Microsoft Office

SharePoint

Job description

Cost Engineer opportunity with Traylor Bros., Inc!

Traylor Bros., Inc. (TBI) is one of the most respected and sought-after tunneling firms in a very specialized industry. We are one of the few companies that possess the ability to complete the most technically demanding underground projects, whether soft ground or hard rock. Our track record of more than 110 projects and 90-plus miles of bored tunnels speaks for itself.

What makes us different?

Our Mission is to excel at constructing complex infrastructure safer, better, and faster by engaging the entrepreneurial and innovative spirit of our team members and providing limitless opportunity for personal and professional growth in a close knit and collaborative organization.

Our Core Values:

Safety . We are committed to providing a safe work environment. This is always our priority.

People . Our talented team is our greatest asset. We provide opportunity, reward performance, and support a positive and balanced work environment.

Innovation. We have the ability to engineer creative solutions to overcome any obstacle.

Ethics. We are honest and ethical in all our business dealings.

Communication. We encourage open and honest communication throughout our organization.

Community. We add value to our industry and the communities in which we work.

Position Summary:

The Cost Engineer assists and supports the project team with budget management, productivity tracking, project forecasting, subcontract management, and accounts receivable. The position works under the direct supervision of the Project Controls Manager. The Cost Engineer must be a team player and have strong organizational skills. The Cost Engineer will work on the project site.

Major Duties & Responsibilities

• Perform tasks required to develop and maintain budgets for the project. This includes reorganizing budgets resulting from a change in means and methods, as well as updating budgets for additional work activities.
• Supports Cost Tracking / Reporting / Forecasting. This includes coding or reviewing the coding of timesheets, invoices, etc. for accuracy as well as ensuring that adequate tracking of quantities and production is performed on a weekly basis. The results of the analysis should be clearly communicated to the other members of the project team.
• Support the change order management process.
• Assist with preparation of cost estimates and negotiation for additional work on the project including tracking Time & Material work.
• Assist with monthly project cost forecasting.
• Participate in subcontractor and material supplier quote analysis and negotiations.
• Prepare quarterly project audits based on extensive knowledge of the ongoing construction as well as input from other members of the project team.
• Provide supervision and/or on-the-job training to clerical and entry level professional personnel assigned to area of responsibility as needed.
• Assist with project close-out.
• Assist in maintaining, developing, and strengthening customer relationships.
• Perform additional assignments per supervisor’s direction.
• Other duties as assigned.

Required Qualifications

• Bachelor’s degree in engineering, business or equivalent required.
• 3-4 years of construction experience.
• Ability to read and analyze engineering drawings and specifications.
• Strong knowledge and understanding of contracts and contract language.
• Ability to identify, prioritize and mitigate project risk.
• Computer knowledge and efficiency, including Microsoft Office products and SharePoint.
• Excellent analytical skills.
• Functions effectively as part of a team.
• Ability to maintain discretion and confidentiality at all times.
• Strong written and communication skills.
• Good time management and organizational skills.
• Ability to understand and follow directions.

Required Skills

Required Experience

EEO Statement

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.