The Cost Analyst serves as the client's main contact for providing cost management services, including invoice validation, cost forecasting and reporting, change management, close out administration, procurement management, earned value and value engineering.
How will you contribute to the team?
The Cost Analyst duties include, but are not limited to, the following:
Monitor project budgets
Review and analyze sub-contractor invoices, prepare job costing reports to allocate these expenditures against the appropriate WBS numbers.
Ensure that both commitments and expenditures follow the same allocation methodology.
Perform cost-to-complete analysis for all cost elements within a project taking into consideration staffing plans, contract commitments, and expenditures to date, change orders and trends.
Attend project meetings to provide Project Management with current financial information and trend log regarding potential impacts to project budget or forecast.
Provide progress reporting documents and briefing materials as required.
Review task orders for contractors and sub-consultants to ensure necessary budget and/or contract
capacity exists.
Analyze change order values against current budget and prepare reconciliations to include in the current forecast at completion.
Prepare change orders and back up documentation as may be necessary for compliance and governance purposes.
Support the project team in review and negotiations with Developer change proposals
Support the team with risk management.
Prepare data to support documentation required journal vouchers for budget transfers.
Have an appreciation for contractual interpretations and claim avoidance strategies.
Supporting the Project team with additional tasks as required.
What will you contribute?
5- to 15-years' experience in direct support of an active construction projects.
Degree in Business, Engineering, Construction Management or related field is preferred.
Demonstrated experience managing and reporting the cost components of large-scale, complex projects; including developing and managing a progress reporting methodology for a complicated
design effort.
Experience with Design-Build-Finance-Operate-Maintain delivery methods is desirable.
Experience with cost management for operation and maintenance is highly desirable.
Thorough familiarity with MS office suite software - Word, Excel, PowerPoint, and Outlook.
Demonstrated ability to understand technical and complicated construction programs and the ability to communicate progress to both technical- and management-level personnel.
Ability to work with others, a self-starter with results-driven focus.