Title: Cost Analyst
Location: Local - In office (Tue, Wed, Thu)
Projected Assignment Length: 12 months then eligible for renewal
Target Start date mid-March or sooner
Essential skills:
General Job Summary
Monitors and analyzes project cost estimates, expenditures, and forecasts. Identifies areas of cost savings opportunities and alerts management of any cost variances. Prepares monthly cost reports, work estimates, and budgets. Maintains project control procedures. No Supervisory Responsibilities. Assignments are received in the form of results expected, within operating policies and procedures. Incumbent has the discretion to select from alternative approaches; decisions may involve changes to normal work processes.
Key Accountabilities
Collects, maintains, and analyzes planned vs. actual cost for assigned capital projects.
Reports variances to project management team with detailed commentary to support process outputs.
Assist the project management team as needed in the overall financial processes.
Supports contract administration in the change control process by performing cost reviews.
Reports & analyzes key performance metrics; prepare ad hoc analyses as requested by project management.
Alert Project Managers and management of potential project overruns and provide recommendations on forecast placeholders.
Review project charges for inaccuracies or mischarges.
Review progress payments to ensure there is a clear understanding of when the milestone will be met, and expenses should be accounted for.
Minimum Education & Experience Requirements
Bachelor's degree in Business, Accounting or Finance with 5 years of job-relevant experience
Other Qualifications
Preferred
5 years of Financial experience
MBA and/or CPA
Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent);
Experience in operating system software utilized by the Corporation (e.g Maximo, SAP R/3, SRM, BW)
Association for the Advancement of Cost Engineering (AACE) certification
Proficient in Earned Value Analysis
Provides weekly reporting Purchase Order analysis
Attend construction field updates and apply progress towards data
Proficient in Excel - Power Query
Expertise with utilizing Databases
SAP Work Mgt system
Exposure to Primavera P6
Analysis of Unbilled Liabilities, Timing
Experience with PowerBI
Other Requirements
Written and verbal communication & advocacy skills consistent with the ability to present results of projects & research to all levels of the business unit, and engage in persuasive written & verbal interaction.
Intermediate-to-advanced analytical and project management skills.
Working knowledge of financial & economic analysis, project & risk management.
Ability to analyze complex financial data & develop optimal recommendations & solutions.
Ability to work in a 'team' and/or 'matrixed' structure, supporting multiple clients, procedures & policy.
Copes with multiple demands from superiors, and/or subordinates & peers in a positive and evenhanded fashion; displays a calm demeanor under pressure.
Well-developed organization and planning skills (typically acquired through at least 5 years of experience).
Ability to apply project planning & implementation and/or continuous improvement principles (typically acquired through several years of experience in these areas) to affect tangible, positive outcomes.
Proficiency in Excel, Word, and SAP sufficient to apply/support them with minimal instruction or guidance; this level of proficiency is typically attainable through 3+ year(s) of substantive experience with the applications
Additional Information
Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.
EOE (Veteran/Disability)
How to Apply for This Job:
To apply for this position, please follow these steps: Apply for this job with your current resume. We’ll get back to you the same day with some feedback on your application. Next you’ll be invited to an online screening conversation so we can go over the job requirements together and you can ask questions. After this stage we’ll give you more feedback on your application and select the candidates to move forward in the process. Typically steps 1 to 4 takes less than 24 hours.
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