Cost Analyst

DESCRIPTION

- Monitors, maintains and reports on budgets, contracts and other financial issues for Transmission projects in the Transmission Project Management Organization.
- Responsible for obtaining, providing and implementing information and recommendations to meet project goals and positively influence project direction.
- Performs cost forecasting, monitoring and control activities including the preparation of cost performance and productivity reports, analysis of supporting data, variance reporting and special studies.
- Work with project estimates and cash flow/budgets to monitor and communicate status, variances, trends and completion costs for projects and individual contractors.
- Reports corrective action if necessary.
- Assist in the review of bid specifications, change orders, invoices and performance for vendors, contractors and material contracts.
- Evaluates the cost impact of scope changes and/or productivity changes.
- Provide cost engineering liaison and interface for projects with Financial and Tax Departments, Plant and General Accounting, Purchasing and Stores.
- Provide actual man-hour, quantity and productivity input to Planning and Scheduling to assist and identifying project forecasted activity durations.
- Establish and maintain a Project Cost Commitment Program which monitors actual vs. estimated cost of purchase orders.

SKILLS:

MUST HAVE:

- Competency in accounting methods and budgeting process and systems (MIBS).
- MS Office proficiency especially Excel.
- Minimum 8 years of cost engineering experience.

DESIRED:

- Familiarity with the "Project Management Institute's Body of Knowledge" is highly desirable.
- Large project experience a plus.
- Previous work in the construction, transmission/distribution or nuclear industry is highly preferable.
- Local candidates preferred