Cost (Technician III)

Description

Summary of Description:

Perform routine tasks related to the collection of data required to monitor budgets and estimates for a specific portion of a project.

Duties:

• Reconciliation and audit of invoices relative to services received and contractor cost reports, agreed billing rates and terms and conditions.
• Input actual costs into project cost reports in preparation for Project Manager’s review and forecasting of final costs.
• Update individual project cost reports for actual cost to date.
• Monitor contractors project controls systems (Cost Reports, Productivity Analysis, Forecasts, etc.) to ensure costs are being managed within the approved Project funding and/or requests.
• Validate contractor cost reports ensure incorporated into overall Project Cost Reports.
• Interface with Project Accountant and Client Accountant.
• Ability to learn to analyze and compile data that may have an influence on costs, efficiencies, trends, etc. Such factors include labor, materials, subcontracts, special machinery requirements and location.
• Assist others with estimates and bids.
• Communicate and interface with all other project team members.
• Assist in preparing routine and/or special request reports per established instructions, department procedures and deadlines.
• Assist cost engineers in compiling cost data, preparing costs and manpower forecasts, etc.
• May calculate/prepare material to validate installed vs. estimated quantities, comparison reports, charts, and tables for analysis.
• Administrative duties associated with day-to-day routine activities designed to provide practical application of cost methods.
• Perform other job-related duties, as assigned.

Education and Experience:

High School Diploma or Equivalent (GED), with additional specialized training or college course work and at least eleven (11) years of experience, or an equivalent combination of education and experience sufficient to successfully perform the essential duties of the job such as those listed above.

Specific Skills:

• Proficient at spreadsheet and data base programs (Excel, Access, etc.)
• Understanding of cost and project controls methodology.
• Basic knowledge of resource monitoring techniques plus ability to follow procedures and directions.

Physical Requirements:

Ability to reach, stand, walk, finger, grasp, feel, talk, hear, see and to perform repetitive motions.

Sedentary work: Exerting up to 10 lbs. of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull or otherwise move objects, including the human body. Sedentary work involves sitting most of the time.