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Cost Engineer

Conserva Resources, Inc.Newark, NJ

$120,000 - $150,000 / year

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Job Description

Conserva Resources, Inc. is seeking a skilled and detail-oriented Cost Engineer to join our dedicated team within the Civil Construction sector. As a Cost Engineer, you will play a crucial role in ensuring that our projects are financially viable, on schedule, and adhere to our budgetary requirements. You will be responsible for analyzing project costs, preparing estimates, and monitoring expenditures throughout the project lifecycle. Your expertise will help in identifying cost-saving opportunities and managing financial risks associated with construction projects, especially in the transit and infrastructure domains. We are looking for a proactive individual with strong analytical skills and a thorough understanding of cost management practices in construction. The ideal candidate will collaborate closely with project teams, providing insights and data-driven recommendations that influence decision-making and project execution. At Conserva Resources, we value innovation and sustainability in our projects and seek a Cost Engineer who aligns with our commitment to quality and efficiency.

Responsibilities

  • Develop and analyze project cost estimates, budgets, and forecasts to ensure accurate financial planning.
  • Track and report on project expenditures, highlighting variances and providing recommendations for cost control.
  • Collaborate with project managers, engineers, and other stakeholders to assess and manage financial risks.
  • Conduct cost analysis for scope changes, schedule modifications, and other project adjustments.
  • Prepare detailed reports and presentations on cost performance and financial forecasting for leadership review.
  • Utilize cost management software and tools to enhance project tracking and reporting.
  • Perform benchmarking to compare project costs against industry standards and develop best practices.

Requirements

  • Bachelor's degree in Engineering, Construction Management, Finance, or a related field.
  • Minimum 3 years of experience in cost engineering or cost management within the construction industry.
  • Strong understanding of construction cost estimating, budgeting, and financial analysis.
  • Proficient in cost management software and tools, as well as MS Excel.
  • Excellent analytical skills, with the ability to interpret complex data and provide actionable insights.
  • Strong communication and interpersonal skills to work collaboratively with various teams.
  • Detail-oriented mindset with a commitment to accuracy and quality in reporting.
  • Experience with transit or infrastructure projects is highly desirable.

Salary: $120,000 - $150,000 + Benefits

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