Cost Analyst
Qualus
Job Level
SeniorLead
About the role
- As a Cost Analyst responsible for assembling and providing information to Project Managers and Operations Management regarding project current costs, commitments, and forecasts
- Coordinate responses from field/operations personnel and gather information from internal accounting systems
- Assemble accurate reporting workbooks and interpret data to predict project productivity trends
- Develop, maintain, and review cost forecasts, accruals, and budgets throughout project lifecycle
- Compile and analyze actual job cost data from accounting systems (Vista and VMS) and prepare forecasting workbooks
- Collaborate with Project Managers to review change orders, verify committed costs, and support scope change requests
- Assist in project budget setup and earned value structure development at project initiation
- Communicate data and trends to Project/Operations Management
- Support the Stage Gate Process by performing rigorous evaluations of project development and control deliverables
- Conduct analysis, optimization, and reporting on assigned projects, including evaluating risk, cost, and schedule performance against multi-year budget plans
- Utilize industry standard KPIs and metrics for project cost analysis such as CPI and EAC
- Identify and document cost variances and recommend mitigation strategies to address potential impacts
- Travel minimally on an as-needed basis
Requirements
- 5+ years of project controls experience, including cash flow forecasting and analysis
- Experience working both independently and, in a team, environment
- Can conform to shifting priorities due to demands and timeline changes
- Strong analytical and problem-solving capabilities
- Possess excellent communication skills to effectively interface
- Ability to effectively communicate with internal, client, and regulatory counterparts
- Strong computer skills
- Willingness to learn and operate client provided programs and systems
- Reasoning Development: Ability to carry out instructions furnished in written or oral form; strong problem-solving skills
- Mathematical Development: Ability to perform computations involving electrical power
- Ability to effectively manage multiple priorities and properly identify issues requiring immediate attention from those that are less urgent
- Develop project plans, orders resources and materials, holds job kick off meetings, and identify changes in work scopes
- Ability to examine information, facts, and data, and draw logical conclusions from available information
- Perform well under pressure and act prudently concerning the safety of others
- Education : Bachelors degree required; preferred disciplines accounting, business administration
- Experience : Minimum of seven years’ Project Controls experience building and maintaining cost reports for large programs and projects
- Specialized Knowledge, Certifications and Licenses : Proficient in SAP, Microsoft Word & Excel, and Power BI; create clearly written communications
