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Cost Engineer

Brooklyn, New York

Key Responsibilities:

  • Cost Estimation & Budgeting:

    • Develop detailed cost estimates and budgets for construction projects, including labor, materials, equipment, and subcontractor costs.
    • Collaborate with estimators and project teams to analyze scope and ensure alignment with financial goals.
  • Cost Control & Reporting:

    • Monitor and analyze project costs, identifying variances and implementing corrective measures.
    • Prepare and present regular cost reports, forecasts, and financial summaries to stakeholders.
  • Procurement & Contract Management:

    • Review and approve purchase orders, invoices, and subcontractor agreements.
    • Negotiate pricing and terms with vendors and subcontractors to achieve cost savings.
  • Project Financial Oversight:

    • Track and allocate resources to ensure optimal budget utilization.
    • Manage change orders, contingencies, and under-billings to maintain financial accuracy.
  • Collaboration & Communication:

    • Act as a liaison between project managers, accounting teams, and business operations to ensure seamless financial management.
    • Provide guidance on cost implications of design and construction decisions.

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