Cost Analyst - Augusta

Turner Construction•Augusta, GA

6d•Onsite

About The Position

Prepare financial analyses, reports, and audit forecasts to confirm costs and effectively validate forecast financial outcomes for assigned projects. When assigned to and located at a specific project, the role is responsible to the Project Engineer or Project Manager and reports to the Senior Cost Analyst. The position works across accounting and field teams and visits jobsites to evaluate progress and conditions.

Requirements

Bachelor’s degree in Accounting, Finance, Engineering, Construction Management, or a related field, and 3 years of related experience, or an equivalent combination of education and/or experience.
High degree of organizational skills and exceptional attention to detail.
Proficiency with financial system applications and advanced Microsoft Excel.
Self-starter who is adaptable and flexible, and able to work with minimal direction or supervision in a complex and changing environment.
Ability to exercise independent judgment and discretion, identify problems, and make recommendations for resolution.
Demonstrated leadership, strong dedication to teamwork, and integrity.
Professional written and verbal communication skills.
Ability to climb permanent and temporary stairs, use construction personnel hoists, climb ladders, and negotiate work areas under construction.
Ability to perform duties involving use of hands to finger, handle, or feel objects, tools, or controls; sitting; talking and hearing; standing; climbing; balancing; stooping; kneeling; crouching; or crawling.
Ability to occasionally lift and/or move heavy weight.
Vision abilities including close vision, peripheral vision, depth perception, and ability to adjust focus.

Responsibilities

Assess project financial risks and report plans to mitigate them.
Accumulate, audit, and correlate information from all sources to produce required cost reports, including Budget Analysis Reports (BARs), special studies, and Cost-audited BARs (CABs); prepare interpretive analysis as required.
Understand the project contract with the Owner and Turner’s contractual rights.
Work with project accounting to ensure costs are posted correctly to the ledger.
Audit budget reports for accuracy and ensure they reflect all costs posted to the ledger.
Provide budget audit findings and ensure the project makes all corrections.
Analyze current budget reports, holds, and unboughts.
Audit project forecasts 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 general contract documents and the relationship of the job estimate to contract documents.
Train and develop new Cost 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 a bridge between Accounting and field staff.
Monitor and understand project cash position.
Participate in Payment Application creation and understand its connection with the Budget Report.
Understand and audit SAP forecasting workbenches.
Ensure proper contract review, Contract Authorization (CA), and Peckar & Abramson checklist to understand the business deal, assumed contractual risks, and potential earnings impact.
Establish Work Breakdown Structure (WBS) elements for cost allocation and work with Engineering and Finance.
Prepare the final Cost Audited Budget Analysis Report (CAB) and reconcile it to final contract value and cost.
Validate final revenue before final bill submission.
Perform other activities, duties, and responsibilities as assigned.