Project Cost Control Analyst

Witt O'Brien's•Saint Thomas, ND

23h•Hybrid

About The Position

Witt O’Brien’s is seeking a Project Cost Control Analyst to join our organization. The candidate will work in a dynamic team comprised of highly experienced consultants and highly engaged clients to meet fast-paced project requirements and may provide in-person support. The candidate will be responsible for monitoring and managing financial expenditure within an organization.

Requirements

Bachelor’s degree in a relevant field such as Accounting, Finance, or a related discipline
Minimum 2 years of experience in a cost analysis or related role
Expertise in budgeting, forecasting, and cost accounting principles
Strong analytical skills with proficiency in financial data analysis and interpretation
Excellent written and verbal communication and presentation skills to convey financial information to stakeholders
Strong computer skills, including a working knowledge of scheduling (MS Project), word processing (Word) and spreadsheet (Excel) software applications
Detail-oriented with a focus on accuracy and compliance
Ability to identify and implement process improvements
Ability to multi-task, organize and prioritize multiple on-going projects
Discretion and the ability to handle confidential information

Nice To Haves

Relevant Professional certification (I.e. CCP, CMA, PMP)

Responsibilities

Monitor and track project costs, ensuring all expenditures are accurately recorded and categorized.
Maintain cost management databases, systems, and spreadsheets for real-time cost visibility.
Verify and validate cost data, invoices, and purchase orders for accuracy and compliance.
Assist in preparing and updating project budgets, cost baselines, and financial forecasts.
Work closely with project teams to identify cost variances and recommend corrective actions.
Support in preparing cash flow forecasts and cost projections throughout the project lifecycle.
Analyze actual project costs against budgets and forecasts to identify variances.
Prepare detailed cost reports, including cost performance metrics, trend analyses, and variance explanations.
Collaborate with project managers to identify cost-saving opportunities and manage cost overruns.
Evaluate the cost impact of change orders, scope adjustments, and schedule changes.
Maintain updated cost estimates to reflect changes and their effects on budgets.
Coordinate with project managers, procurement, and finance teams to ensure accurate cost management.
Present cost data, findings, and recommendations to project stakeholders and leadership teams.
Assist in preparing financial presentations and dashboards for internal and external reviews.
Identify and implement improvements in cost control processes and tools.
Assist in maintaining and enhancing cost reporting systems for increased efficiency.