Senior Cost Control Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Develop, sustain, and oversee project budgets from the award stage until closeout.

• Monitor actual costs in relation to budgets and commitments.

• Conduct thorough cost variance analysis and identify underlying issues.

• Maintain cost codes and guarantee precise cost allocation.

• Evaluate labor productivity, equipment usage, subcontractor expenses, and material costs.

• Oversee the utilization of project contingency and management reserves.

• Generate monthly Estimates at Completion (EAC) and Estimates to Complete (ETC).

• Anticipate labor hours, material expenses, subcontractor costs, equipment costs, and indirect costs.

• Assess financial implications of schedule delays and changes in scope.

• Provide reliable cash flow forecasts.

• Prepare weekly and monthly executive cost reports.

• Create dashboards that highlight: Budget vs Actual, Committed Cost, Forecast Cost, Cost Performance Index (CPI), Schedule Performance Index (SPI), Productivity Metrics, and Cost Trends.

• Present financial performance to project leadership.

• Review change orders to evaluate their financial impact.

• Assist in pricing and negotiations for client and subcontractor change orders.

• Track pending changes and assess potential exposure.

• Ensure that all approved changes are reflected in project budgets and forecasts.

• Identify cost-related risks and opportunities.

• Conduct quantitative financial analysis.

• Suggest mitigation strategies.

• Support project risk registers.

• Aid in Earned Value Management (EVM) when applicable.

• Collaborate with Scheduling on progress measurement.

• Validate calculations of percent complete.

• Analyze the impact of schedules on project costs.

• Monitor purchase orders and subcontract commitments.

• Compare contract values against committed expenditures.

• Assist with procurement forecasting.

• Track material escalation and the effects of supply chain issues.

• Review monthly accruals.

• Support the validation of invoices.

• Assist in recognizing revenue.

• Reconcile project financial data between ERP systems and project controls software.

• Mentor junior cost analysts.

• Develop standardized reporting processes.

• Enhance cost control procedures and best practices.

• Participate in project financial reviews with executive leadership.

⛳️ Requirements

• 7–10+ years of experience in construction cost control.

• Experience with projects valued over $50M is preferred.

• Strong knowledge of: Construction estimating.

• Project controls.

• Scheduling.

• Procurement.

• Contract administration.

🏝️ Benefits

• Medical.

• Dental.

• Vision.

• 401K.

• And other potential benefits as provided. Benefits are subject to change with or without notice.