Project Cost Analyst

Aston Carter•Valparaiso, IN

1d•$35 - $48•Hybrid

About The Position

Key Responsibilities Cost Analysis & Forecasting Enhance proficiency in cost analysis and integrated cost‑and‑schedule forecasting using quantitative risk management tools such as Expected Monetary Value (EMV) and sensitivity analysis. Develop and maintain integrated project baselines (qualitative and quantitative) to measure performance and support corrective, preventive, and predictive actions. Apply cost‑of‑quality principles to strengthen cost management practices. Maintain and manage the project Estimate at Completion (EAC) and recommend improvements to stakeholders. Provide continuous lifecycle cost estimating and forecasting with a focus on accuracy and predictability. Risk & Quality Management Apply objective, integrated risk management techniques to optimize project risk responses. Utilize risk and quality management tools to support project performance and decision‑making. Identify cost and schedule variances and recommend corrective, preventive, and predictive actions. Contract & Commercial Management Lead contract commercial management activities, including payment facilitation, performance assessments, and financial forecasting. Conduct contract reviews to ensure compliance with payment requirements and supporting documentation. Process labor timesheets, invoices, accruals, and contract submittals; ensure accurate coding to WBS, cost systems, and expense categories. Project Controls & Integration Apply core project controls expertise across cost, schedule, scope, and risk. Review and support the use of project management guidelines, standards, processes, job aids, and tools. Integrate project management subsidiary systems to improve overall project performance. Tailor cost management processes, tools, and techniques to advance cost performance and project predictability. Support project teams and leadership by retrieving, analyzing, and reporting cost management information. Reporting & Communication Produce standard and advanced cost reports for project stakeholders, including ad‑hoc reporting as needed. Use schedule analysis techniques to improve cost and schedule performance. Communicate cost insights clearly and effectively to support value‑based decision‑making. Collaborate with Project Managers, Major Project Managers, Directors, and other stakeholders to ensure alignment and transparency. Compliance & Standards Manage cost activities in alignment with industry standards, organizational project management guidelines, and best practices. Ensure consistent application of integrated project management principles across scope, cost, and schedule.

Requirements

Strong integrated knowledge of project scope, schedule, cost, risk, and quality management.
Ability to apply project management guidelines, standards, processes, and job aids effectively.
Proficiency in risk and quality management tools and techniques.
Strong leadership presence with the ability to motivate, influence, and guide stakeholders through situational leadership.
Excellent communication skills (written and verbal), including conflict resolution, teamwork, and stakeholder engagement.
Demonstrated ability to support value‑based decision‑making and drive continuous improvement.
Option 1: High School Diploma and 8+ years of experience using Microsoft Excel (or equivalent tools) for data manipulation, integration, and report generation.
Option 2: Bachelor’s Degree and 3+ years of financial or cost management experience.
Valid driver’s license.

Nice To Haves

Ability to develop and review project estimates and build project budgets.
Ability to read and analyze project schedules.
Experience in large industrial capital project environments.
Bachelor’s Degree and 8+ years of advanced Excel or equivalent data analysis experience.

Responsibilities

Enhance proficiency in cost analysis and integrated cost‑and‑schedule forecasting using quantitative risk management tools such as Expected Monetary Value (EMV) and sensitivity analysis.
Develop and maintain integrated project baselines (qualitative and quantitative) to measure performance and support corrective, preventive, and predictive actions.
Apply cost‑of‑quality principles to strengthen cost management practices.
Maintain and manage the project Estimate at Completion (EAC) and recommend improvements to stakeholders.
Provide continuous lifecycle cost estimating and forecasting with a focus on accuracy and predictability.
Apply objective, integrated risk management techniques to optimize project risk responses.
Utilize risk and quality management tools to support project performance and decision‑making.
Identify cost and schedule variances and recommend corrective, preventive, and predictive actions.
Lead contract commercial management activities, including payment facilitation, performance assessments, and financial forecasting.
Conduct contract reviews to ensure compliance with payment requirements and supporting documentation.
Process labor timesheets, invoices, accruals, and contract submittals; ensure accurate coding to WBS, cost systems, and expense categories.
Apply core project controls expertise across cost, schedule, scope, and risk.
Review and support the use of project management guidelines, standards, processes, job aids, and tools.
Integrate project management subsidiary systems to improve overall project performance.
Tailor cost management processes, tools, and techniques to advance cost performance and project predictability.
Support project teams and leadership by retrieving, analyzing, and reporting cost management information.
Produce standard and advanced cost reports for project stakeholders, including ad‑hoc reporting as needed.
Use schedule analysis techniques to improve cost and schedule performance.
Communicate cost insights clearly and effectively to support value‑based decision‑making.
Collaborate with Project Managers, Major Project Managers, Directors, and other stakeholders to ensure alignment and transparency.
Manage cost activities in alignment with industry standards, organizational project management guidelines, and best practices.
Ensure consistent application of integrated project management principles across scope, cost, and schedule.