Cost Analyst - Operational Finance

Turner Construction•Dallas, TX

1d•Onsite

About The Position

Turner Construction is an industry-leading commercial construction general contractor with a 120-year history spanning iconic projects around the globe. This opportunity is for an advanced technology project in Northern Louisiana. Travel or relocation for the duration of the project is required. The Cost Analyst will prepare financial analyses, reports, and audit forecasts to confirm costs and effectively validate the financial outcome of assigned projects.

Requirements

Bachelor’s Degree in Accounting, Finance, Engineering, Construction Management or related field, and 5 years of related experience, or equivalent combination of education and/or experience
High degree of organizational skills and exceptional attention to detail
Financial system applications proficiency and advanced MS Excel
Self-starter, adaptable, and flexible to operate with minimal direction and/or supervision working in complex and changing environment
Exercise independent judgment and discretion, ability to identify problems and make recommendations for resolution
Demonstrate leadership, strong dedication to teamwork and integrity
Professional written and verbal communication skills

Responsibilities

Assess project financial risks and report project plan to mitigate risks.
Accumulate, audit, and correlate information from all sources to produce required cost reports such as Budget Analysis Reports (BARs), special studies, and Cost-audited BARs (CABs); prepare interpretive analysis as required.
Know project contract with Owner and Turner’s contractual rights.
Work with project accounting to ensure costs are posted correctly to ledger.
Audit budget report for accuracy and ensure it reflects all costs posted to ledger.
Provide budget audit findings and ensure project makes all corrections.
Analyze current budget reports, holds, and unboughts.
Audit project forecast of General Conditions, General Requirements, staff and labor projections to accurately forecast costs.
Audit project re-forecasted projections and studies as project conditions change.
Participate in Operations Review Meetings (ORMs) with senior business unit management.
Maintain complete knowledge of all general contract documents and relationship of job estimate to contract documents.
Train and develop new Costs Analysts and project staff.
Visit jobsites, evaluate project progress and conditions, and review findings with project management.
Review current field conditions in trades and evaluate costs, Superintendent’s Instruction to Subcontractors (SISs), exposures, claims and recoveries.
Act as bridge between Accounting and field staff.
Monitor and understand project cash position.
Participate in Payment Application creation and understand connection with Budget Report.
Understand and audit SAP forecasting workbenches.
Ensure proper contract review, Contract Authorization (CA), and Peckar & Abramson checklist to understand business deal, assumed contractual risks, and potential earnings impact.
Establish Work Breakdown Structure (WBS) Element for allocation of costs, work with Engineering and Finance.
Prepare final Cost Audited Budget Analysis Report (CAB), reconcile to final contract value and cost.
Validate final revenue before final bill submission.
Other activities, duties, and responsibilities as assigned.