Cost Analyst

Talteam Inc. • San Antonio, TX

16h

About The Position

The Cost Analyst will be responsible for cost planning, estimating, budget development, quantity takeoffs, value engineering, financial management, cost control, change order management, procurement, vendor auditing, and project closeout. This role involves preparing detailed cost estimates, performing quantity takeoffs from drawings and BIM models, leading value engineering analyses, tracking project expenditures using Earned Value Management, forecasting cash flow, auditing and negotiating change orders, assisting with procurement, verifying payment applications, and performing final financial reconciliations.

Requirements

• Associates Degree

Responsibilities

• Prepare conceptual, schematic, and detailed design-phase cost estimates, establishing accurate baseline budgets and cost breakdown structures (CBS).
• Perform comprehensive material takeoffs (QTO) using architectural and engineering drawings, technical specifications, and BIM models.
• Lead Value Engineering (VE) analyses during design phases to identify cost-saving alternatives without compromising structural integrity or design intent.
• Monitor ongoing expenditures, committed costs, and work-in-place using Earned Value Management (EVM) to calculate Variance at Completion (VAC) and Estimate at Completion (EAC).
• Develop and update monthly cash flow projections and draw schedules to manage project liquidity and owner billing cycles.
• Audit, negotiate, and validate subcontractor change order requests, evaluating pricing against market rates and contract allowances.
• Assist procurement teams in drafting scope packages, evaluating trade contractor bids, and performing financial risk assessments on major vendors.
• Review monthly payment applications (G702/G703) and lien waivers against verified field progress before authorizing disbursements.
• Perform final financial reconciliations, settle contingency funds, and audit final subcontractor accounts.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree