Project Controls Cost Analyst 2

Tasks/Responsibilities

Performs cost engineering analysis and activities. Identifies cost trends for management. Interfaces with financial accounting and project controls to integrate project control baseline cost model with actual cost accounting data.

Assists and supports management in ensuring proper control, tracking and cost accounting for project financials and cost alignment with the approved project Work Breakdown/Project Coding structure.

Reviews or assists in reviewing proposal requirements related to cost engineering and material control and develops supporting data for proposal development and contract negotiations.

Responsible for the proper establishment and maintenance of the project Performance Measurement Baseline (PMB).

Develops and maintains project budget, forecasts and cash flows.

Determines the variances between budgeted cost of work to actual cost of work. Calculates Earned Value (EV) for work performed.

Monitors and analyzes performance of large construction subcontracts.

Develops Project Change Notices to obtain budget for work.

Prepares "what-if" exercises to evaluate varying funding and other scenarios.

Prepares cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons.

Supports project status reporting, variance analysis, trending and forecasting, and EVMS reporting.

Maintains configuration control of the baseline cost model and assumptions and ensures changes are made after approval.

Establishes format and content of summaries and reconciliations, including segregation of cost according to level of confidence and identification of areas of risk.

Performs the collection, input and reporting of cost data, the assembly and processing of work authorization documentation.

Assist in development and submittal of reporting both internal and external as well as the needed indicators for SPI and CPI, forecasting, reporting and accrual process.

Interfaces with designated management and project proposal team counterparts for cost presentations.

Controls ongoing project forecasts and reports it to asset management so they are informed of progress.

Performs data analysis, identifies problems, and makes recommendations.

Promotes a team atmosphere among workers and staff to ensure everyone is working together.

Works under general supervision.

May lead and direct the work of others.

Performs other duties as assigned.

Job Requirements/Skills

Effective organizational and interpersonal skills

Effective written and verbal communication skills

Intermediate knowledge of MS Excel, MS Word, MS PowerPoint

Intermediate knowledge of Primavera P6, Success Estimator, Cobra, Oracle and EVMS

Ability to develop labor unit rates based on the type of project as required

Advanced proficiency in the use of R.S. Means and Richardsons as required

Physical/Mental Requirements and Working Conditions

Ability to sit

Ability to effectively communicate; speaking, reading, understanding, writing and hearing clear English; pass audiogram in hearing conservation program as required by location

Basic math and computer skills

Ability to work inside an office

Ability to perform highly repetitive motions with fingers, hands, wrists, and shoulders

Ability to work alone, work with others, and interact with the public

Ability to perform under deadline pressure

Ability to understand and follow basic instructions and guidelines