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Senior Cost Control Analyst
Cherokee FederalSenior Cost Control Analyst leading project cost management activities for large-scale construction projects. Providing financial oversight and collaborating with project teams to ensure budget compliance.
Tech Stack
Tools & technologiesERP
About the role
Key responsibilities & impact- Develop, maintain, and monitor project budgets from award through closeout.
- Track actual costs against budgets and commitments.
- Perform detailed cost variance analysis and identify root causes.
- Maintain cost codes and ensure accurate cost allocation.
- Analyze labor productivity, equipment utilization, subcontractor costs, and material expenditures.
- Monitor project contingency and management reserve utilization.
- Prepare monthly Estimate at Completion (EAC) and Estimate to Complete (ETC).
- Forecast labor hours, material costs, subcontract costs, equipment costs, and indirect expenses.
- Evaluate financial impacts of schedule delays and scope changes.
- Provide accurate cash flow forecasts.
- Prepare weekly and monthly executive cost reports.
- Develop dashboards highlighting: Budget vs Actual, Committed Cost, Forecast Cost, Cost Performance Index (CPI), Schedule Performance Index (SPI), Productivity Metrics, Cost Trends.
- Present financial performance to project leadership.
- Review change orders for financial impact.
- Support pricing and negotiations of client and subcontractor change orders.
- Track pending changes and potential exposure.
- Ensure all approved changes are incorporated into project budgets and forecasts.
- Identify cost risks and opportunities.
- Perform quantitative financial analysis.
- Recommend mitigation strategies.
- Support project risk registers.
- Support Earned Value Management (EVM) where applicable.
- Coordinate with Scheduling regarding progress measurement.
- Validate percent complete calculations.
- Analyze schedule impacts on project costs.
- Monitor purchase orders and subcontract commitments.
- Review contract values versus committed expenditures.
- Assist with procurement forecasting.
- Track material escalation and supply chain impacts.
- Review monthly accruals.
- Support invoice validation.
- Assist with revenue recognition.
- Reconcile project financial data between ERP systems and project controls software.
- Mentor junior cost analysts.
- Develop standardized reporting processes.
- Improve cost control procedures and best practices.
- Participate in project financial reviews with executive leadership.
Requirements
What you’ll need- 7–10+ years of construction cost control experience.
- Experience on projects exceeding $50M preferred.
- Strong understanding of: Construction estimating
- Project controls
- Scheduling
- Procurement
- Contract administration
Benefits
Comp & perks- Medical
- Dental
- Vision
- 401K
- and other possible benefits as provided. Benefits are subject to change with or without notice.
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
Budget ManagementCost AllocationLabor Productivity AnalysisCost Performance Index (CPI)Schedule Performance Index (SPI)Quantitative Financial AnalysisEarned Value Management (EVM)Change Order ReviewProcurement ForecastingRevenue Recognition
Soft Skills
MentoringCommunicationCollaboration