Base pay range
$110,000.00/yr - $220,000.00/yr
A business manager in transportation engineering handles the contractual and financial aspects of projects, ensuring compliance, managing client relationships, and driving firm profitability. This role requires a strong understanding of both business principles and engineering practices.
Key roles and responsibilities
Contract negotiation and administration
- Negotiating agreements: Business managers negotiate complex contracts with clients, which can include state DOTs, municipalities, and federal agencies. This requires a deep understanding of what is important to both parties to reach a mutually beneficial agreement.
- Risk allocation: They negotiate key contract clauses to protect the engineering firm from risks by establishing a financial firewall and a clear limitation of liability.
- Procurement and subcontracts: The manager oversees procurement and subcontracting activities, coordinating with partners and vendors.
- Change management: They are responsible for a structured change-order routine, identifying changes, assessing impacts on budget and schedule, and getting written authorization before new work begins.
- Compliance: They ensure all projects and contracts comply with applicable federal, state, and local laws and regulations.
Financial and project oversight
- Budgeting and forecasting: They prepare and manage project budgets, performing cost analysis and financial reporting to maintain profitability.
- Performance tracking: Using robust tracking systems, they monitor project performance against budget and schedule, flagging issues before they become costly.
- Billing and invoices: They oversee financial transactions, including the processing of consultant invoices and ensuring prompt payment.
Team leadership and management
- Staff supervision: They supervise and coach professional and support staff, often including project engineers and support teams.
- Evaluation and training: Responsibilities include conducting performance evaluations and mentoring staff to help them develop their technical and professional skills.
- Strategic initiatives: They collaborate with other managers to establish company goals and strategic initiatives for long-term growth and operational efficiency.
Career path and qualifications
- Educational background: A bachelor's degree in civil or transportation engineering or related field. Degrees in business, accounting or other relevant field will be considered.
- Professional experience: Candidates need significant experience, with most positions requiring 8 to 12 years of industry and project management experience.
- Key skills: Essential skills include strong negotiation, analytical thinking, leadership, and communication skills to effectively interact with clients, contractors, and internal teams.
- Certifications: Certifications such as a Project Management Professional (PMP) can be highly beneficial.
Seniority level
Mid-Senior level
Employment type
Full-time
Job function
Accounting/Auditing
Industries
Engineering Services and Civil Engineering
Benefits
- Medical insurance
- Vision insurance
- 401(k)
Location: Torrance, CA
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