Cost Engineer - New York, United States - ARCADIS

Description

Job Description

Arcadis is seeking a Cost Engineer for a large project in New York.

Arcadis is the world's leading company delivering sustainable design, engineering, and consultancy solutions for natural and built assets.

We are more than 36,000 people, in over 70 countries, dedicated to improving quality of life. Everyone has an important role to play. With the power of many curious minds, together we can solve the world's most complex challenges and deliver more impact together.

Role description:

As a Cost Engineer, your primary responsibility is to analyze, report and optimize the financial operations within the organization. You will play a crucial role in managing costs, budgets, analyzing financial data, and implementing strategies to ensure efficient and cost-effective payment processing.

Role accountabilities:

• Gather data on similar projects, market trends, material costs, and labor rates. Utilize historical data and industry reports to inform your forecasts.
• Identify potential risks such as supply chain disruptions, regulatory changes, or unforeseen site conditions. Develop risk mitigation strategies and contingency plans to address these risks.
• Regularly review project costs against budget allocations. Use tools like cost breakdown structures and variance analysis to identify areas where costs may exceed budgeted amounts. Adjust forecasts and resource allocations as necessary.
• Monitor project milestones and timelines closely to ensure they align with the budget and client expectations. Identify any delays or deviations and take corrective actions to keep the project on track.
• Generate detailed cost estimation reports that outline all project expenses, including materials, labor, equipment, and overhead costs. Regularly update these reports to reflect changes in project scope or conditions.
• Collaborate with project staff to allocate resources effectively, considering factors such as skill levels, availability, and cost efficiency. Optimize resource utilization to maximize project profitability.
• Continuously assess project profitability by comparing actual costs against projected revenues. Adjust cost estimates and pricing strategies to maintain target profit margins.
• Evaluate design proposals based on client requirements, cost constraints, and profitability considerations. Recommend design modifications or alternative approaches to stay within budget parameters while meeting client needs.
• Conduct feasibility studies to assess the viability of project options and identify opportunities to increase profit margins. Consider factors such as market demand, competition, regulatory requirements, and financial feasibility.
• Analyze labor costs by job function and contractor performance to identify inefficiencies or cost-saving opportunities. Implement measures to improve productivity and optimize labor resources.
• Review purchasing contracts to ensure compliance with program regulations, contracting rules, and policies. Identify any discrepancies or risks and take appropriate actions to mitigate them.
• Provide cost analyses for project-related proposals, including pricing models, cost-benefit analyses, and risk assessments. Ensure that proposals are financially viable and competitive in the marketplace.

Qualifications & Experience:

• 8+ Years of experience in Cost Management on large Civil or other Engineering Infrastructure Programs
• Bachelor's degree in Engineering, Finance, Accounting, Business, or a related field.
• Proven experience in financial analysis and cost management, preferably in payment processing or financial services.
• Familiarity with MS Office suite for Project Planning. P6, Primavera. Project Cost Structure and tools( SAP,EcoSys, etc) and Methodology.

Why Arcadis?

We can only achieve our goals when everyone is empowered to be their best. We believe everyone's contribution matters. It's why we are pioneering a skills-based approach, where you can harness your unique experience and expertise to carve your career path and maximize the impact we can make together.

You'll do meaningful work, and no matter what role, you'll be helping to deliver sustainable solutions for a more prosperous planet. Make your mark, on your career, your colleagues, your clients, your life and the world around you.

Together, we can create a lasting legacy.

Our Commitment to Equality, Diversity, Inclusion & Belonging

We want you to be able to bring your best self to work every day which is why we take equality and inclusion seriously and hold ourselves to account for our actions. Our ambition is to be an employer of choice and provide a great place to work for all our people. We are an equal opportunity and affirmative action employer. Women, minorities, people with disabilities and veterans are strongly encouraged to apply. We are dedicated to a policy of non-discrimination in employment on any basis including race, creed, color, religion, national origin, sex, age, disability, marital status, sexual orientation, gender identity, citizenship status, disability, veteran status, or any other basis prohibited by law.

Arcadis offers benefits for full time and part time positions. These benefits include medical, dental, and vision, EAP, 401K, STD, LTD, AD&D, life insurance, paid parental leave, reward & recognition program and optional benefits including wellbeing benefits, adoption assistance and tuition reimbursement. We offer nine paid holidays and 20 days PTO that accrue per year. The salary range for this position is $120,000- $140,000.

Join Arcadis. Create a Legacy.

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