Senior Cost Analyst

Metra•Chicago, IL

13d

About The Position

The Senior Cost Analyst is responsible for integrating capital funding strategy with project-level cost management across the agency’s capital program. This position collaborates with multidisciplinary teams overseeing the planning, design, and construction of large-scale bridge, track, station, parking, and railroad yard projects. The role works closely with Project Management, Planning, Finance, and Grants staff to ensure that capital projects are properly funded and that project budgets, forecasts, and expenditures are accurately tracked and aligned with funding sources. The position serves as a key advisor to leadership by providing clear, data-driven insights into funding availability, cost performance, and financial risk across the capital program.

Requirements

Bachelor’s degree in Business Administration, Public Administration, Engineering, Finance, Accounting, Urban Planning, or a related field; or equivalent experience.
Minimum of five years of relevant experience in capital program administration, project controls, cost management, budgeting, or financial analysis.
Knowledge of capital program development, budgeting, implementation processes, cost management practices, cost baselines, and forecasting techniques.
Understanding of construction or engineering project delivery.
Experience with cost management systems (e.g., eBuilder, PRISM, Oracle) and Project Management Information Systems (PMIS).
Proficiency in Microsoft 365 applications, Power BI and SharePoint.
Ability to manage multiple projects, prioritize tasks and meet deadlines.
Ability to interact concisely with executive level staff.
Ability to build and sustain relationships with stakeholders.
Ability to conduct training sessions.
Strong analytical, problem solving, and decision-making skills.
Strong communication skills, both verbal and written.
Strong record-keeping skills with attention to detail and accuracy.
Confident self-starter able to operate in a dynamic environment.
Must be available to work flexible hours in the early morning, late afternoon, evenings, or weekends.

Nice To Haves

Experience in public transportation or railroad industry is preferred.
Database experience is preferred.
Project Management Professional (PMP), Association for the Advancement of Cost Engineering (AACE), Certified Cost Technician (CCT) certification.

Responsibilities

Develop, evaluate, and submit budget requests and funding strategies in coordination with internal stakeholders.
Coordinate development and approval of project charters.
Develop and present funding briefings and status reports for leadership and serve as a subject matter expert on capital program funding processes and timelines.
Oversee cost management processes within the Project Management Information System (PMIS), including budgeting, cost tracking, and change management.
Administer and maintain financial tracking tools and reporting systems, and cost control systems, ensuring accuracy and integrity of financial data across all capital projects.
Map project costs to funding sources, including grants, purchase orders, and agreements and develop and maintain project budget forecasts, cost estimates, cash flows, and spend curves.
Monitor cost allocations and expenditures throughout all phases of the project life cycle.
Coordinate and lead recurring cost and financial review meetings with Capital Delivery and Grants teams and collaborate with staff managing all stages of capital construction from pre-construction through closeout and across departments to identify agency priorities and support capital investment decisions.
Provide integrated reporting on project funding status, cost performance, and forecasted financial needs across the capital program.
Review cost estimates, financial reports, and cash flow projections to validate funding needs and ensure alignment between budgets and expenditures.
Ensure alignment between project budgets, funding allocations, and actual expenditures to support compliance and financial accountability.
Promote safe work practices and maintain and foster a safe work environment.
Perform other related duties as assigned to meet the ongoing needs of the organization.