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Jacobs Cost Controls Engineering Professional in Chicago, Illinois

Our People & Places Solutions business – reinforces our drive to improve the lives of people everywhere and epitomizes the "why" of what we do – the tremendous positive impact and value our solutions bring to our communities and society as a whole. From facilities delivering life-saving therapies and ensuring clean water to enabling the connection of people through all modes of transportation and providing access to technology – we're integrating a multitude of these solution elements to build the smart environments of tomorrow.

Start your Jacobs career with a company that inspires and empowers you to deliver your best work so you can evolve, grow and succeed – today and into tomorrow.

Your Impact:

Do you enjoy positively impacting air traveler experience by innovating more connected and sustainable solutions? At Jacobs, we do as well and are seeking a Contract Administrator to join us with a purpose.

Based at Chicago O’Hare, you’ll have the chance to work on an exciting and engaging large-scale aviation project. We are looking to add a Cost Controls Engineering Professional to our team in support of a multi-billion-dollar airport capital Redevelopment Program. The redevelopment will occur in the middle of an active airport. The existing terminal and concourses will remain operational while the new facility is built in place in a phased approach. This position allows for the opportunity to be a major contributor to the growth of one of the busiest airports in the world as part of the program management team. The position will report directly to Cost Controls Manager.

Position Description

• Monitor, control and analyze the project cost information, identify variances and bring these to the attention of the Project Manager or Cost Controls Manager with possible alternatives.

• Analyze cost data and reports, detect issues, and effectively communicate the project’s cost performance, issues/ concerns, & recovery plans to the project team

• Regular interfacing and integration with the project scheduling team to maintain an aligned financial position with the project plan.

• Input or update information, expenditure information, commitments and forecasts into the cost reporting system(s).

• Ensure integrity of the project budget through approved scope changes, fiscal changes, funding sources, and contingency reallocations.

• Flag significant projected overruns or underruns and ensure all variances to the cost baseline are communicated in a timely manner.

• Liaise with Project team members and contractors with regards to progress and financial forecasting.

• Assist in development of and use of Project Control Structures (CBS, OBS, WBS etc.).

• Continually monitor Project Risk and Change status to maintain current forecast.

• Assembly of project cost reports including estimate at completion and variances for review, preparation of Client specific reports and update the Cost Tool to comply with Project Reporting Cycles.

• Establish and maintain cost tracking reports to monitor budgets against actual costs and forecasts.

• Create regular project and program progress reports including cost, time, and quality metrics.

• Monitoring key performance indicators as necessary.

• Active involvement in the change process, understanding the reasons for and factors influencing each change to the project’s cost baseline plus the implications of such change.

• Challenge cost variances against the baseline plan with individual task leaders/contractors and/or outside stakeholder management as necessary to enable mitigation.

• Process the updated cost information from cost estimates, invoices, and Project Manager assessments.

• Provide invoice support including review of monthly invoices and all required invoice backup; track invoice payments; monitor release of subconsultant payments per contract terms.

• Input updated cost reports and identify shortage and surplus funds for each project.

• Prepare documents recommending fund transfers across projects and to and from contingency funds.

• Create and submit Travel Expenses and Expenditure Forms.

• Maintains Vendor Lists and Vendor Files.

• Performs in depth review of various ledgers, documents, and analyses used in the Accounting Department. May evaluate completeness and accuracy.

• Reviews all check requests, vouchers and payments prior to approval by Program Controls Manager.

• Processes vendors and sub-contractors Accounts Payable as well as other commitments on an efficient, timely and accurate basis.

• Perform weekly financial review; identify necessary corrections.

• Review timesheets; initiate and process labor and transfers.

• Assist with change management support, including maintenance of project change log.

This position requires the individual to be based at the airport with the program management team.

The position will be a part of a joint venture team and the selected candidate will be hired by one of the JV partners.

Here’s What You’ll Need:

  • At least 2 years’ experience

  • Bachelor's Degree in Cost Management, Engineering, Project Management, Construction management, Business Management, Accounting or Finance

  • Experience working on construction projects

  • Proficient in Microsoft Excel and the use of Cost Control tools. Ability to create tables, pivot tables and graphs in excel to assist reporting

  • Knowledgeable in Total Cost Management and Earned Value Management

  • Experience allocating the budget and establishing a Cost Baseline

Ideally, You'll Also Have:

  • Experience working on public construction projects for the City of Chicago

  • Experience working on Aviation related projects

The position will be a part of a joint venture team and the selected candidate will be hired by one of the JV partners.

Jacobs is an Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, religion, creed, color, national origin, ancestry, sex (including pregnancy, childbirth, breastfeeding, or medical conditions related to pregnancy, childbirth, or breastfeeding), age, medical condition, marital or domestic partner status, sexual orientation, gender, gender identity, gender expression and transgender status, mental disability or physical disability, genetic information, military or veteran status, citizenship, low-income status or any other status or characteristic protected by applicable law. Learn more about your rights under Federal EEO laws (https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf) and supplemental language. (https://www.eeoc.gov/sites/default/files/migrated_files/employers/eeoc_gina_supplement.pdf)

At Jacobs, we’re challenging today to reinvent tomorrow by solving the world’s most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With $13 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector.

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