Cost Analyst

generis tek•Detroit, MI

4d•Hybrid

About The Position

This is a Contract role for a Cost Analyst in Detroit, MI. The position is hybrid and has a project duration of 24+ months. The Cost Analyst will monitor and analyze project cost estimates, expenditures, and forecasts, identify cost savings opportunities, and alert management of cost variances.

Requirements

Bachelor's degree in Business, Accounting or Finance with 5 years of job-relevant experience.
Written and verbal communication & advocacy skills consistent with the ability to present results of projects & research to all levels of the business unit, and engage in persuasive written & verbal interaction.
Intermediate-to-advanced analytical and project management skills.
Working knowledge of financial & economic analysis, project & risk management.
Ability to analyze complex financial data & develop optimal recommendations & solutions.
Ability to work in a 'team' and/or 'matrixed' structure, supporting multiple clients, procedures & policy.
Copes with multiple demands from superiors, and/or subordinates & peers in a positive and evenhanded fashion; displays a calm demeanor under pressure.
Well-developed organization and planning skills (typically acquired through at least 5 years of experience).
Ability to apply project planning & implementation and/or continuous improvement principles (typically acquired through several years of experience in these areas) to affect tangible, positive outcomes.
Proficiency in Excel, Word, and SAP sufficient to apply/support them with minimal instruction or guidance; this level of proficiency is typically attainable through 3+ year(s) of substantive experience with the applications.

Nice To Haves

5 years of financial experience
MBA and/or CPA
Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent)
Experience in operating system software utilized by the Corporation (e.g Maximo, SAP R/3, SRM, BW)
Association for the Advancement of Cost Engineering (AACE) certification
Proficient in Earned Value Analysis
Proficient in Excel - Power Query
Expertise with utilizing Databases
SAP Work Mgt system
Exposure to Primavera P6
Experience with PowerBI

Responsibilities

Collects, maintains, and analyzes planned vs. actual cost for assigned capital projects.
Reports variances to the project management team with detailed commentary to support process outputs.
Assists the project management team as needed in the overall financial processes.
Supports contract administration in the change control process by performing cost reviews.
Reports & analyzes key performance metrics; prepare ad hoc analyses as requested by project management.
Alerts Project Managers and management of potential project overruns and provide recommendations on forecast placeholders.
Reviews project charges for inaccuracies or mischarges.
Reviews progress payments to ensure a clear understanding of when the milestone will be met, and expenses should be accounted for.
Provides weekly reporting.
Purchase Order analysis.
Attend construction field updates and apply progress towards data.
Analysis of Unbilled Liabilities, Timing.