Cost Analyst - Augusta

Turner Construction Company•Augusta, GA

4d•Onsite

About The Position

Prepare financial analyses, reports, and audit forecasts to confirm costs and validate forecast financial outcomes for assigned construction projects. The position assesses project financial risks, audits budgets and forecasts, monitors project cash position, and works with project accounting, engineering, finance, and field staff. The Cost Analyst visits jobsites to evaluate progress and conditions, participates in operations reviews, supports payment applications, and prepares final cost-audited budget reports.

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 can work with minimal direction or supervision in a complex, changing environment.
Ability to exercise independent judgment and discretion, identify problems, and recommend resolutions.
Demonstrated leadership, strong dedication to teamwork, and integrity.
Professional written and verbal communication skills.
Ability to climb permanent and temporary stairs and ladders, use construction personnel hoists as a passenger, and negotiate work areas under construction.
Ability to perform duties involving use of hands to finger, handle, or feel objects, tools, or controls; sit, talk, hear, stand, climb, balance, stoop, kneel, crouch, or crawl; and occasionally lift and/or move heavy weight.
Ability to work regularly onsite at construction sites, with exposure to moving mechanical parts, heights, fumes or airborne particles, outdoor weather, electrical-shock risk, and moderate to very loud noise.

Responsibilities

Assess project financial risks and report project plans to mitigate risks.
Accumulate, audit, and correlate information to produce 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, ensure they reflect all costs posted to the ledger, report findings, and ensure corrections are made.
Analyze current budget reports, holds, and unboughts.
Audit forecasts for General Conditions, General Requirements, staff, and labor projections; audit re-forecasted projections and studies as project conditions change.
Participate in Operations Review Meetings with senior business unit management.
Maintain knowledge of general contract documents and the relationship between the job estimate and 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 field conditions in trades and evaluate costs, Superintendent’s Instructions to Subcontractors (SISs), exposures, claims, and recoveries.
Serve as a bridge between Accounting and field staff.
Monitor and understand project cash position.
Participate in payment application creation and understand its connection to the Budget Report.
Understand and audit SAP forecasting workbenches.
Ensure proper contract review, Contract Authorization (CA), and completion of the 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.