Fronza & Francis
Cost Engineer (Aviation Industry)
Fronza & Francis - Houston, Texas, United States, 77246
Work at Fronza & Francis
Overview
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Overview
Job title: Cost Engineer
Location: Houston, TX
Job Type: Remote
Employment Type: Full-Time
Company Description: Fronza & Francis is a high-performance multi-state certified, women owned firm that provides excellent customer-oriented services to industry clients. Our services consist of project management, construction management, project controls, Contract Administration and DEI Management support services to both private and public sector companies. We have an integrated and scalable range of services which help our clients achieve their goals on projects of varying scope, budget, schedule, and complexity.
Job Description: As a Cost Engineer, you will be responsible for assisting in the compilation of overall project budgets, utilizing estimate input from a variety of sources. Use Cost, Schedule, WBS, etc., to ensure budgets fully address all scope requirements. Ensure contingency and uncertainty is properly assessed within budgets. Monitor contingency drawdown. Gather key cost data such as exposure, commitment, expenditure, potential changes, approved changes and provide cost coding for all key financial transactions. Monitor & report project cash-flow. Control commitments against funding allocations.
Key Responsibilities:
Supervision of the monthly closing and preparation of an executive summary to be submitted to the Project Team.
Preparation of the forecast including revenue, cost, and cash-flow projections.
Preparation and analysis of the following reports to ensure they accurately reflect the current project status: monthly cost report, weekly reports, LDR, payroll, labor report, summary report, and weekly quantities.
Conduct cost-benefit analyses to support decision-making processes.
Identify and assess potential risks related to project costs, proposing mitigation strategies to ensure financial success.
Preparation of weekly cost trend charts.
Preparation of subcontractor payment requisitions and monthly reporting to project owner.
Preparation of payment report to be submitted to the owner at the end of each month.
Supervision of subcontractors and service agreements, purchase orders and change orders, contract modifications, and estimation of billing-payments and cost impact to the project.
Collaborate with project managers to establish project budgets and track expenditures against approved budgets.
Provide regular cost forecasts based on project progress and potential variations.
Utilize cost data and historical project information to enhance accuracy in future cost estimates.
Qualifications: Basic Requirements: Bachelor’s or Associate’s Degree in Engineering, Construction Management, or related field with a financial background or education
2-3 years’ experience in cost control/engineering in construction projects
Strong knowledge of cost estimation techniques and principles.
Proficiency in relevant software tools such as cost estimating software, Excel, and project management tools.
Preferred Qualifications: Proven ability to follow through with completion
Excellent analytical and problem-solving skills.
Effective communication and collaboration skills.
Skills & Competencies: MS Office Suite
Equal Employment Opportunity Statement: Fronza & Francis is an equal opportunity employer. We welcome diversity and are committed to creating an inclusive workplace for all. All employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, or veteran status.
Preparation of the forecast including revenue, cost, and cash-flow projections.
Preparation and analysis of the following reports to ensure they accurately reflect the current project status: monthly cost report, weekly reports, LDR, payroll, labor report, summary report, and weekly quantities.
Conduct cost-benefit analyses to support decision-making processes.
Identify and assess potential risks related to project costs, proposing mitigation strategies to ensure financial success.
Preparation of weekly cost trend charts.
Preparation of subcontractor payment requisitions and monthly reporting to project owner.
Preparation of payment report to be submitted to the owner at the end of each month.
Supervision of subcontractors and service agreements, purchase orders and change orders, contract modifications, and estimation of billing-payments and cost impact to the project.
Collaborate with project managers to establish project budgets and track expenditures against approved budgets.
Provide regular cost forecasts based on project progress and potential variations.
Utilize cost data and historical project information to enhance accuracy in future cost estimates.
Qualifications: Basic Requirements: Bachelor’s or Associate’s Degree in Engineering, Construction Management, or related field with a financial background or education
2-3 years’ experience in cost control/engineering in construction projects
Strong knowledge of cost estimation techniques and principles.
Proficiency in relevant software tools such as cost estimating software, Excel, and project management tools.
Preferred Qualifications: Proven ability to follow through with completion
Excellent analytical and problem-solving skills.
Effective communication and collaboration skills.
Skills & Competencies: MS Office Suite
Equal Employment Opportunity Statement: Fronza & Francis is an equal opportunity employer. We welcome diversity and are committed to creating an inclusive workplace for all. All employment decisions are made without regard to race, color, religion, sex, national origin, age, disability, or veteran status.