Cost Analyst

Department: Accounting & Finance

Employment Type: Full Time

Location: Great Neck

Reporting To: Senior Cost Analyst

Compensation: $70,000 - $110,000 / year

Description

Key Responsibilities

• Compile production data to drive effective decision-making by the project team.
• Provide accurate and timely data analysis and presentation.
• Prepare look-ahead and look-back reports to track field production against established targets. 
• Update monthly cost reports in CMiC including data verification, data entry and reconciliation with project budget. 
• Review and provide supporting information for monthly financial statements. 
• Identify key trends including cost slippage, overruns, potential overruns, and savings opportunities and report these to the Project Manager. 
• Work with Project Management to identify critical cost items and projections. 
• Prepare tools and reports to enable tracking of productivity. 
• Support the project team in the preparation and review of AWOs, back charges and cost transfers. 
• Communicate and work closely with the Project Manager and Construction Manager to ensure proactive cost management. 
• Track progress billings.
• Review subcontractor billings, payment and accruals.
• Periodic visits to the project office and site to understand the details of the work being performed.

Education / Certifications & Qualifications

• Degree in Constriction Management, Engineering, or Business 

• Basic understanding of monthly financial reporting and construction cost management practice.
• 2 to 5 years of construction financial management experience preferred 
• Basic understanding of construction and field terminology 
• 2 to 5 years of construction field experience preferred.
• Computer knowledge: Cost Systems (CMiC and HCSS preferred), Microsoft Excel, Word, Outlook, Teams, Sharepoint.
• Strong verbal and written communication skills to obtain working knowledge of the project.
• Ability to work as a team player and lead financial discussions
• Excellent organizational and time management skills. 
• Detail oriented, analytical and data driven mindset.

Benefits