Remote Position
Project Cost Control Analyst
🌍 Remote · United States
💼 Full-time
About the position Witt O’Brien’s is seeking a Project Cost Control Analyst to join our organization. The candidate will work in a dynamic team comprised of highly experienced consultants and highly engaged clients to meet fast-paced project requirements and may provide in-person support. The candidate will be responsible for monitoring and managing financial expenditure within an organization.
Responsibilities
- Monitor and track project costs, ensuring all expenditures are accurately recorded and categorized.
- Maintain cost management databases, systems, and spreadsheets for real-time cost visibility.
- Verify and validate cost data, invoices, and purchase orders for accuracy and compliance.
- Assist in preparing and updating project budgets, cost baselines, and financial forecasts.
- Work closely with project teams to identify cost variances and recommend corrective actions.
- Support in preparing cash flow forecasts and cost projections throughout the project lifecycle.
- Analyze actual project costs against budgets and forecasts to identify variances.
- Prepare detailed cost reports, including cost performance metrics, trend analyses, and variance explanations.
- Collaborate with project managers to identify cost-saving opportunities and manage cost overruns.
- Evaluate the cost impact of change orders, scope adjustments, and schedule changes.
- Maintain updated cost estimates to reflect changes and their effects on budgets.
- Coordinate with project managers, procurement, and finance teams to ensure accurate cost management.
- Present cost data, findings, and recommendations to project stakeholders and leadership teams.
- Assist in preparing financial presentations and dashboards for internal and external reviews.
- Identify and implement improvements in cost control processes and tools.
- Assist in maintaining and enhancing cost reporting systems for increased efficiency.
Requirements
- Bachelor’s degree in a relevant field such as Accounting, Finance, or a related discipline
- Minimum 2 years of experience in a cost analysis or related role
- Expertise in budgeting, forecasting, and cost accounting principles
- Strong analytical skills with proficiency in financial data analysis and interpretation
- Excellent written and verbal communication and presentation skills to convey financial information to stakeholders
- Strong computer skills, including a working knowledge of scheduling (MS Project), word processing (Word) and spreadsheet (Excel) software applications
- Detail-oriented with a focus on accuracy and compliance
- Ability to identify and implement process improvements
- Ability to multi-task, organize and prioritize multiple on-going projects
- Discretion and the ability to handle confidential information Nice-to-haves
- Relevant Professional certification (I.e. CCP, CMA, PMP) Apply tot his job