Cost Analyst - Operational Finance

Turner Construction • Austin, TX

1d • Onsite

About The Position

Prepare financial analyses, reports, and audit forecasts to confirm costs and effectively validate forecast financial outcome of assigned projects.

Requirements

• Bachelor’s Degree in Accounting, Finance, Engineering, Construction Management or related field, and 3 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.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level