Senior Cost Control Analyst

The Metropolitan Museum of ArtThe Met Fifth Avenue, NY
Onsite

About The Position

The Metropolitan Museum of Art (The Met) is seeking a Senior Cost Control Analyst to manage budget implementation across buildings and capital projects Museum-wide. This role ensures consistency in cost tracking, forecasting, and reconciliation. The analyst will be responsible for updating senior leadership on budget status, cost risks, and forecast variances, and will serve as the primary point of accountability for the change order process. This position also provides cost engineering, contract administration, and AIA billing review support for the Museum's capital construction portfolio. The Senior Cost Control Analyst will work closely with Finance, Project Management, and external architects/GCs to maintain audit-ready budgets, forecasts, and billing reconciliations for the entire portfolio of building and capital projects.

Requirements

  • Bachelor's degree in Finance, Accounting, Business Administration, Construction Management, Engineering, or a related field.
  • 5+ years of cost consulting experience on institutional or heavy construction projects.
  • Strong knowledge of AIA billing procedures (G702/G703), contract language, and change order provisions.
  • Thorough working knowledge of construction finance, fund accounting, and financial reporting analysis.
  • Excellent analytical, organizational, and written/verbal communication skills.
  • Expertise in Microsoft Office Suite and the Workday suite.

Nice To Haves

  • Museum, healthcare, higher-ed, or similar capital environments experience a plus.

Responsibilities

  • Develop and maintain project budgets in coordination with project managers and departmental leadership, ensuring consistency across the portfolio.
  • Reorganize budgets resulting from scope changes and update for additional work activities.
  • Own end-to-end change order management, including review, cost/schedule impact analysis, negotiation support, and tracking to closeout across all active projects.
  • Lead AIA G702/G703 pay application review in coordination with team members and prepare release recommendations.
  • Negotiate scope changes led by vendors and conduct benchmark analysis to validate pricing and ensure cost competitiveness.
  • Conduct budget vs. actual analysis, reconciling Workday actuals against contract fee schedules and controlling files.
  • Lead cost analyses and financial modeling to inform strategic decisions on project headcount, staffing, and compensation.
  • Maintain comprehensive documentation control, including contract amendments, approvals, and financial reports.
  • Help shape and foster transparency in the sourcing process, including policies and procedures that align with the Procurement Process.
  • Process requisitions, purchase orders, and invoice reconciliation to ensure timely and accurate payments.
  • Maintain close working relationships with vendors, contractors, and procurement to drive effective project execution.
  • Other duties as assigned.

Benefits

  • Medical, dental, vision and life insurance
  • 403(b) basic retirement plan and optional matching retirement plan with an outstanding employer match
  • Considerable paid time off, including annual leave, sick leave, and 13 Museum holidays
  • Long-term disability coverage
  • Flexible Spending Accounts & Health Savings Account (pre-tax income for eligible health care expenses)
  • Commuter benefits (pre-tax income for parking or mass transit expenses)
  • Free financial-planning services
  • Financial assistance for relevant coursework, seminars, and training programs
  • 25% discount for staff in Museum shops
  • A subsidized staff cafeteria
  • Access to the Museums Council pass, which grants free admission to various museums and cultural institutions
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