Cost Analyst

Qualus Power Services-posted 4 months ago
Full-time • Mid Level
New Orleans, LA
1,001-5,000 employees
Professional, Scientific, and Technical Services
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Power your future with Qualus in our Program Management department as a Cost Analyst. As a Cost Analyst you will be responsible for assembling and providing information to Project Managers and Operations Management within their assigned Business Units regarding project current costs, commitments, and forecasts according to strict deadlines. This includes coordinating responses from field/operations personnel and gathering information from internal accounting systems, assembling accurate reporting workbooks, and interpreting data to predict project productivity trends. Time management, multi-tasking and a strong adherence to deadlines are essential to the position.

  • Develop, maintain, and review cost forecasts, accruals, and budgets throughout project lifecycle.
  • Compile and analyze actual job cost data from accounting systems (Vista and VMS) and prepare forecasting workbooks.
  • Collaborate with Project Managers to review change orders, verify committed costs, and support scope change requests.
  • Assist in project budget setup and earned value structure development at project initiation.
  • Effective, clear & timely communication of data and trends to Project/Operations Management.
  • Support the Stage Gate Process by performing rigorous evaluations of project development and control deliverables.
  • Conducts analysis, optimization, and reporting on assigned projects, including evaluating risk, cost, and schedule performance against multi-year budget plans.
  • Utilize industry standard KPIs and metrics for project cost analysis such as CPI and EAC.
  • Identifies and documents cost variances and recommend mitigation strategies to address potential impacts.
  • Travel minimally on an as-needed basis.
  • Must have experience working on a portfolio of projects.
  • 5+ years of project controls experience, including cash flow forecasting and analysis.
  • Experience working both independently and, in a team, environment.
  • Can conform to shifting priorities due to demands and timeline changes.
  • Strong analytical and problem-solving capabilities.
  • Possess excellent communication skills to effectively interface.
  • Ability to effectively communicate with internal, client, and regulatory counterparts.
  • Strong computer skills.
  • Willingness to learn and operate client provided programs and systems.
  • Reasoning Development: Ability to carry out instructions furnished in written or oral form; strong problem-solving skills.
  • Mathematical Development: Ability to perform computations involving electrical power.
  • Ability to effectively manage multiple priorities and properly identify issues requiring immediate attention from those that are less urgent.
  • Ability to examine information, facts, and data, and draw logical conclusions from available information.
  • Perform well under pressure and act prudently concerning the safety of others.
  • Education: Bachelors degree required; preferred disciplines accounting, business administration.
  • Experience: Minimum of seven years' Project Controls experience building and maintaining cost reports for large programs and projects.
  • Specialized Knowledge, Certifications and Licenses: Proficient in SAP, Microsoft Word & Excel, and Power BI; create clearly written communications.
  • Medical
  • Dental
  • Vision
  • Life Insurance
  • Short and Long-Term Disability
  • 401(k) match
  • Flexible Spending Accounts
  • EAP
  • Parental Leave
  • Paid time off
  • Holidays
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