Cost Analyst - IT Projects - On-Site Downtown Houston

EPMA•Houston, TX

8d•Onsite

About The Position

This role focuses on building and maintaining detailed project cost plans, tracking actuals against budget, and performing variance analysis. The Cost Analyst will partner with Project Managers and Scrum Masters to align financials with delivery plans, review vendor invoices, and support IT procurement. Ensuring compliance with financial controls and supporting audits are also key aspects of this position.

Requirements

Bachelor’s degree in Finance, Accounting, Business, or related field
3 to 6 years experience in project cost controls, financial analysis, or IT project environments
Strong Excel skills including pivot tables, financial modeling, and advanced formulas
Strong analytical mindset with attention to detail
Excellent communication skills
Understanding of IT cost drivers including labor, software and SaaS licensing, and cloud and infrastructure costs

Nice To Haves

Experience with SAP and IBM Cognos TM1
Exposure to IT portfolio or demand management
Background in PMO or IT Finance environments

Responsibilities

Build and maintain detailed project cost plans including labor, software, hardware, cloud, and vendor costs
Track actuals against budget and forecast and monitor burn rates
Prepare Estimate at Completion (EAC) and portfolio-level forecasts
Perform variance analysis with clear root-cause insights
Evaluate financial impact of scope changes and re-baselines
Partner with Project Managers and Scrum Masters to align financials with delivery plans
Review and validate vendor invoices, statements of work, and purchase orders
Track vendor spend and ensure alignment with contract terms
Support IT procurement including SaaS, cloud, and consulting
Ensure compliance with financial controls and governance
Support audits and maintain financial traceability
Assist with project closeout and cost reconciliation