Cost Analyst

Aquatech International LLC•Canonsburg, PA

4d•Onsite

About The Position

Aquatech is seeking a full-time Cost Analyst for its Canonsburg, Pennsylvania location. The role supports cost control and financial reporting for EPC and design-build projects, working with Project Management, Engineering, Procurement, Construction, and Finance teams. The position is described as exempt and is scheduled Monday through Friday, 8:00 a.m. to 5:00 p.m. The role develops and monitors project budgets, forecasts, cost reports, and financial tracking tools throughout the project lifecycle. It tracks project costs, commitments, accruals, and expenditures; reviews purchase orders, invoices, subcontractor billings, and change orders; and prepares cost reports, variance analyses, and financial performance summaries. The position also supports estimates at completion and to complete, cash flow projections, change management, project profitability analysis, and project closeout accounting. The posting includes conflicting role and qualification details: it refers to a Cost Analyst, Cost Supervisor, and Estimation Engineer, and also lists estimator qualifications, including ten or more years of estimating experience and specific estimating software. These details are retained as stated rather than resolved.

Requirements

Bachelor's degree in Accounting, Finance, Construction Management, Engineering, or a related field; the posting also states a bachelor's degree is preferable.
Three or more 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; 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.
Strong organizational, analytical, and problem-solving skills; attention to detail; and ability to manage multiple projects simultaneously.
Effective communication and collaboration skills across Project Management, Procurement, Engineering, and Finance teams.
The qualifications section also states a minimum of ten or more 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.

Nice To Haves

SAP Project Systems experience is preferred.
Bachelor's degree is described as preferable in the qualifications section.

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 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 Project Managers with estimates at completion (EAC), estimates to complete (ETC), and cash flow projections.
Record and allocate project costs accurately 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 with 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.
Track labor, material, subcontractor, equipment and rental costs, purchase orders and commitments, change order costs, forecasting, cash flow, earned value, budget-versus-actual costs, and project closeout accounting.