Cost Engineer

Location: Sacramento, California Posted Date: December 8, 2017
Employer: To view company name. See instructions below
Employer Job Id: 251BR CareerMine Job Id: 1399741


The purpose of this role is to assist Construction area offices in meeting cost objectives. Specifically, this role collects, prepares, analyzes, and communicates cost data for construction projects; monitors project budgets and costs; oversees and/or prepares billings and payments of project work; prepares and processes financial reporting, and completes special reports and studies as requested. This role has primary responsibility for the accuracy and timeliness of cost financial reporting.

Essential Duties & Responsibilities

- Actively supports the achievement of Construction goals and objectives by applying expert knowledge of quantitative tools and techniques, cost analysis, budgets, and special reporting to Construction financial reporting efforts.

- Collaborates across departments and supports consistent technical practices and financial reporting procedures.   Adheres to policies, procedures, and standards that protect the company’s interests.

- Promotes and protects Teichert’s values including diversity, teamwork, fair work environment and respect of others in order to maintain a “team” spirit within the business and on project teams; works and cooperates with other disciplines across company lines to ensure maximum and best uses of Teichert resources.

- Promotes and protects the community perception of Teichert.

- Supports the effectiveness and efficiency of construction business management efforts through constant collaboration with the estimating and field operation components of the company. Provides the most current and accurate cost and budget information; collects, processes, and analyzes cost data; provides information for gain/loss reporting.

- Successfully manages the billing and payment process. Prepares and processes client billings and vendor/subcontractor invoices for payment, and maintains records to verify quantities, prices, payment terms, subcontract, extra work, and other data required for reconciling invoices with payments. Minimizes turnaround on receivables and collectables.   

- Assists in achieving a zero injury culture through supporting safety programs and actively participating in appropriate safety meetings and training sessions to maintain a safe, healthy work environment and meet corporate safety standards.

- Builds and maintains positive working relationships with internal and external customers, vendors, and contractors.   Facilitates communication of company, project, and reporting policies.   Maintains a favorable impression of the company with external customers through professional and courteous interactions.

- Gathers feedback and continuously strives to make improvements to day-to-day processes and practices.

- Responsible for completion of documentation, including files, records, reports and control documents for use in reconciling budgets, gains/loss reporting, aging statements, cost analysis, payables and receivables transactions, extra work billings, change orders, Foreman diaries and/or other as required. Documentation must be adequate to support internal and external audits.

- Assists in preparing and maintaining up-to-date written guidelines and manuals pertaining to cost analyzing.

- Regularly coordinates with PMs, superintendents, PE’s, and others to validate/verify costs, quantities, billings, time cards, diaries in order to quickly identify production plan breakdowns and in order to provide visibility of opportunities and risks at the appropriate management level.

- Routinely visits job sites in order to advance collaboration and to develop first-hand knowledge of job progress.

- Meets financial, business, and project deadlines.

Role Qualifications & Requirements


- Bachelor’s degree in Business, Finance, Accounting (or related field) or equivalent combination of technical training and related experience

Experience & Industry Expertise:

- 5 years’ experience in cost/estimating, construction, accounting, or equivalent combination of technical training and related experience

Specific Job Requirements:

- Successful completion of a pre-employment drug, alcohol, and background investigation

- Current on all company required safety training

- Ability to preserve confidential and proprietary information and successfully avoid conflicts-of-interest

- Knowledge of construction operations

- Knowledge of General Accounting Principals and resource monitoring techniques, i.e. cost control, procurement, estimating, process systems

- Strong PC skills using spreadsheet applications

- Knowledge of company’s Standard Operating Policies and Procedures

- Valid Driver’s License


- Relationship Management

- Business Acumen

- Communications

- Organization and Management

- People Development

- Technology:   Microsoft Office , Accounting and Finance Software, Project Management Software

- Technical competence in business and/or finance

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