Senior Cost Analyst
Senior Cost Analyst
Posted on :
09-04-2025
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1 Vacancy
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Job Description
Description
Requirements
- (Internal Title: Senior Cost Analyst)
- Responsible for developing analyzing and communicating expenses and costtransactions data to ensure that transaction are recorded accurately and assigned to the appropriate control account and contracts
- Provides detailed financial analysis and reports of expenses includes breakdowns of project costs forecasts of remaining cost and opportunities to increase efficiency
- Support the development of Integrated Cost Reporting across the Project
- Work across the functions to align the cost breakdown structure to the work and risk break down structures
- Support the preparation for and of QCRA across multiple contracts and the integrated Project position
- Using the cost data and intelligence to engage across the Contracting Authority to underpin Project decision making
- Support the Contract Administration Team in the cost/invoice reconciliation process
- Manage the creation of cashflows and Project Estimate at Completion determinations to support capital spend forecasts
- Provide cost intelligence including knowledge and data from industry to support the development of scenarios that can drive down the Indirect Costs that the Project is subject to
- Provide cost impact analysis for all impacting proposed changes and presenting scenarios and options that best protect Contracting Authoritys position
- Establish and provide analysis for Earned Value as required
- Conducts market research as needed to recommend changes to pricing or business models
- Prepares periodic cost reconciliation reports tracking data such as changing labor and supply costs
- Capture lessons learnt from the Project and make these available across the Program
- Oversee cost analysis controls and reconciliation for the assigned projects
- Monitor contractual reliabilities and be responsible for the design and maintenance of project control databases spreadsheets and other control systems to support these functions
- Review reports and supporting documentation for project approvals and contract awards
- Prepare monthly accruals related to projectrelated contracts
- Establish and provide analysis for Earned Value as required
- Guide train and mentor junior staff in their cost analysis and monitoring tasks
- Lead and implement procedural updates and corporate initiatives related to costing
- Working Conditions
- Officebased
Requirements
- Experience:
- Minimum of 8 years of related experience
- Significant experience int he delivery of construction projects
- Education:
- Diploma or Bachelors degree in Business Administration Accounting Economics or a related discipline
- Licenses OR Certifications:
- Registered for and seeking AACE CCP CEP PSP PRMP EVP or PMI equivalent
- Has completed equivalent training or successfully passed designated proficiency testing in lieu of the above
- Skills and Competencies:
- Thorough understanding of cost accounting principles and procedures
- Thorough knowledge of Contract Administration principles methods procedures and practices as well as project management methods and practices
- Indepth understanding of Business Administration concepts with emphasis on scheduling principles combined with a good knowledge of budget and cost control concepts
- Excellent competency in MRP systems including MAXIMO and EcoSys WorkDay is considered an asset
- Demonstrated experience with systems including extensive relational database design concepts and spreadsheets to correlate operational and financial data (Sr Level)
- Tailor technical information for different audiences through presentations reports and other means independently
- Must foster relationships with various stakeholders
- Tact to perceive and ameliorate conflict and tension
- Ability to arrange priorities and escalate competing risks to meet deadlines with minimum input from leadership
- Keen eye for detail and adept problemsolving abilities
- Must have demonstrated experience relaying and receiving information (written and verbal)
- Excellent reading and language comprehension
- Excellent organization skills and attention to details
- Ability to detect and capitalize on others strengths
- Demonstrated capability to lead Cost Analysts supervise delegate and develop capacity
- Expert ability to work collaboratively and independently in a structured disciplined technologydriven environment
Required Experience:
Senior IC
Employment Type
Full-Time
Key Skills
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