Senior Cost Analyst
About The Position
As a Capital Projects Senior Cost Analyst, you will apply technical skills to meet project team and client needs for monitoring, analyzing, and reporting project cost performance. The role involves working directly with project management, client management, and site personnel to develop budget and cost metrics for engineering, procurement, and construction scopes associated with capital infrastructure projects. Using industry and proprietary tools, you will support project controls and cost management activities. The position offers a hybrid arrangement, with work from home and in-office work, and may involve travel to client offices for project coordination meetings. Experience with accrual-based project execution is relevant to the role.
Requirements
- Familiarity with the practical application of project controls.
- Five or more years of experience.
- Post-secondary graduate.
- Excellent written and verbal communication skills, with the ability to interact and multitask with project team members, clients, and vendors at varying position levels.
- Eagerness to learn new skills and develop knowledge to contribute to project team operations.
- Willingness to engage with others to understand project team needs.
- Commitment to producing high-quality, accurate deliverables with attention to detail.
- Working knowledge of Microsoft Office tools, with emphasis on advanced use of MS Excel and/or Power BI to create detailed, interactive spreadsheets, workbooks, and databases.
- Working knowledge of SAP.
Nice To Haves
- Related internship, co-op, or work experience in project controls, project planning, project scheduling, or earned value performance, preferably in the power industry.
- AACE CCT or PMI equivalent.
- Working toward AACE CCP, CEP, PSP, PRMP, EVP, or a PMI equivalent.
- Equivalent training in lieu of the listed professional designations.
- Successful completion of designated proficiency testing in lieu of the listed designations or equivalent training.
- Experience with AI, automation, programming, or similar technologies, where relevant.
Responsibilities
- Implement project controls tools and methodology.
- Support month-end closing and phase-gate processes, including the coordination, production, management, reporting, and analysis of cost information.
- Support establishment of project original and approved budgets.
- Work with project stakeholders to establish cost baselines.
- Develop project forecasts using estimates, schedules, open purchase order commitments, and stakeholder inputs.
- Review and explain the basis for project forecasts and adjust them directly with Project Managers.
- Monitor and analyze actual project costs, calculate variances between actual and forecasted costs, and gather information to document variance explanations.
- Assemble supporting documentation to meet project team and client requests and needs.
- Analyze data and build reports to support project monitoring and decision-making.
- Interface regularly with project management to support monitoring cost performance.
Benefits
- Medical, dental, and vision health plans.
- Life and accident insurance.
- Disability coverage.
- Employee Assistance Program.
- Back-up daycare.
- Flexible Spending Account and Health Savings Account.
- 401(k).
- Pre-tax commuter account.
- Merit scholarship program.
- Employee discount program.
- Corporate charitable giving program.
- Tuition assistance.
- First professional licensure bonus.
- Employee referral bonus.
- Paid annual personal/sick time.
- Paid vacation.
- Paid holidays.
- Paid parental leave.
- Paid bereavement leave.
- Flexible work arrangements.
- Yearly discretionary bonus may be available to eligible individuals.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
Education Level
No Education Listed
