Cost Analyst

Aquatech International•Canonsburg, PA

2d•Onsite

About The Position

Aquatech is a global provider of water and industrial process technology solutions, including water reuse, desalination, minimal and zero liquid discharge, and critical minerals recovery. The posting describes a full-time, exempt position at the company’s Canonsburg, Pennsylvania location, with a Monday–Friday schedule from 8:00 a.m. to 5:00 p.m. The role focuses on project cost control, accounting, forecasting, and financial reporting for EPC and design-build projects. The Cost Analyst develops and monitors project budgets, forecasts, cost reports, and financial tracking tools throughout the project lifecycle. The role tracks and analyzes project costs, commitments, accruals, and expenditures; reviews purchasing and billing documents; supports forecasts and cash flow projections; and reports on variances, profitability, and financial performance. The position works with Project Management, Engineering, Procurement, Construction, and Finance teams, and supports project change management and closeout.

Requirements

Bachelor’s degree in Accounting, Finance, Construction Management, Engineering, or a related field; the posting also says a bachelor’s degree is preferable.
At least 3 years of Project Accounting, Cost Control, Project Finance, or EPC project support experience.
Strong understanding of project budgeting, forecasting, and cost control principles.
Experience supporting EPC, industrial, water treatment, infrastructure, or construction projects.
Advanced Microsoft Excel skills, including Pivot Tables, Power Query, VLOOKUP/XLOOKUP, and financial modeling.
Proficiency in SAP; SAP Project Systems is preferred.
Experience with project controls and cost management systems.
Understanding of cost forecasting, budget development, accrual accounting, committed cost reporting, cash flow forecasting, variance analysis, and Earned Value Management (EVM).
Ability to analyze large datasets and communicate project financial performance to technical and non-technical stakeholders.
Excellent organizational, analytical, and problem-solving skills.
Strong attention to detail and ability to manage multiple projects simultaneously.
Effective communication and collaboration skills across Project Management, Procurement, Engineering, and Finance teams.
The posting’s qualifications section also specifies a minimum of 10 years of experience working as an Estimator.
Experience estimating civil works, heavy-industrial mechanical installation, building works, MEP, and E&I installation works.
In-depth knowledge of labor costs by trade and region or location.
Hands-on experience with RS Means and Sage (formerly Timberline) estimating software.
Proficiency in ASPEN Estimating software.
Ability to lift, carry, move, or exert up to 50 pounds occasionally.
May need to climb ladders, must not be afraid of heights, and must wear personal protective equipment (PPE) while on site.
Ability to sit at a desk for extended periods and maintain a high degree of concentration in a busy area.

Nice To Haves

SAP Project Systems experience.

Responsibilities

Develop, maintain, and monitor project budgets, forecasts, and cost reports throughout the project lifecycle.
Track and analyze project costs, commitments, accruals, and expenditures against approved budgets.
Review purchase orders, vendor invoices, subcontractor billings, and change orders for cost accuracy and proper project coding.
Prepare monthly cost reports, variance analyses, and financial performance summaries for Project Managers and senior leadership.
Monitor labor, material, equipment, and subcontract costs to identify trends, risks, and cost-saving opportunities.
Support estimates at completion (EAC), estimates to complete (ETC), and cash flow projections.
Ensure accurate recording and allocation of project costs in SAP and other project accounting systems.
Compile and reconcile actual cost data against project budgets and forecasts.
Maintain cost controls and financial tracking tools for EPC and design-build projects.
Track committed costs and compare actual expenditures against budgeted values.
Assist with project closeout, including final cost reconciliation, accrual reviews, and financial reporting.
Collaborate with Project Management, Engineering, Procurement, and Construction teams on timely and accurate cost reporting.
Analyze and report project profitability, gross margin performance, and forecast financial outcomes.
Support change management by evaluating the financial impact of changes, claims, and scope adjustments.
Participate in monthly project review meetings and provide financial insights on project performance.