• Collaborate closely with Construction Managers to ensure their comprehensive understanding of project expenses and potential risks and provide alternative strategies for risk management or seizing opportunities.
• Expectations include a deep understanding of cost control principles.
• Proactively monitor and communicate budget status, actual expenditures, scope adjustments, and revenue forecasts, covering all labor, expenses, and subcontracting costs.
• Utilize your expertise to create progress reports that effectively convey project status.
• Depend on your proficiency to fulfill commitments, whether individually or as part of a team, ensuring tasks are completed within specified deadlines.
• Review GC’s cost tracking reports.
• Reconcile GC actual costs with GMP/ Schedule of Values.
• Contract Administration (retention, T&Cs, insurance, allowances, contingency, incentives).
• Tracking of all key project documents, including change orders, invoices and payments, lien releases, etc.
• Setting and attending change control and cost meetings as required.
• Support the development, implementation, and maintenance of comprehensive internal financial reporting package to support the monthly preparation of Pay Applications.
• Monitor operational and/or project costs and expenditures, measure project performance, schedule, and assist with quarterly and fiscal year end analysis and confirmations on project status.
• Overall support of construction team.