Cost Analyst Jobs

Cost Analyst

Contract

• Monthly analysis and submission of budget forecast.
• Working knowledge of MS Office applications and EcoSys is an asset
• Change management coordination
• Updates project forecast with input from project teams and contractors
• Monitor cost analysis, controls, and reconciliation for the assigned projects
• Development of monthly cost report and cost forecast
• Performs cost analysis, controls and monitoring, highlights risk areas, validate performance during progress updates and communicates issues to the Project Controls Lead in order to minimize project impacts
• Skills and Knowledge:Must have completed a University Degree or College Diploma in Business Administration, Accounting, Economics, or related discipline, or the equivalent combined with 5 years of work-related experience
• Perform other duties as required by the role and advised by PCL/Manager.
• Prepare Board reports and supporting documentation for Project Approvals and Contract Awards
• Recommend and implement improvement(s) to processes and tools where appropriate.
• Analyze financial performance; identify budget variances, significant risks and recommend corrective actions.
• Monitor contractual reliabilities; and is responsible for the design and maintenance of project control databases, spreadsheets, and other control systems to support these functions
• Ensure costs are tracked properly with appropriate use of WBS and CBS coding
• Excellent judgement, well-developed analytical, problem solving, verbal communications and report writing skills
• Reviews projects changes for cost impact and provide feedback to project management staff.
• Contribute to project review meetings, as necessary, to monitor progress, identify problems, and initiate corrective actions.
• Act as a highly technical resource to help staff work effectively and solve problems related to budget performance, material requests, contract management, capital projects etc.
• Prepares cost reports, graphs and cost performance reports for project review
• Participate in the various phases of the contracts including the development of terms and conditions, negotiations of contracts, and warranty administration
• Must have solid understanding of core project control concepts (cost management, earned value management, cost accounting), AACE or PMI principles
• Must have good understanding of multi-discipline engineering and construction projects
• Performs cost accounting duties which include invoice processing and accruals
• Provide trainings, workshops and support team members as advised by leads/managers.
• Administration and maintenance of Ecosys
• Consolidation and development of month end cost and progress reporting
• Interacts with Contractors to review and analyze cost and forecasts
• Knowledge of project management methods and practices, administration principles, methods, and procedures
• Setting of original budget and estimate recast
• Set up and administration of monthly incurred cost flow
• Assists in the creation of cost-flows, baselining of project costs and forecasts with support from Project Management Team