Cost Analyst IV

6 days ago


Houston, United States ICSI Full time
Position: Cost Analyst IV
Position Type: W2 Contract
Position Location: Houston, TX


Description:
In this role you will be establishing and managing an integrated project cost and schedule system for multiple mid-large capital projects with TIC up to $100MM. You will be responsible for managing costs by WBS to provide early indication of potential variances and/or trends by budget line
Responsible for managing cost engineering activities including development and implementation of cost control systems, cost trending, forecast at completion, cost variance analysis, funding budgets, annual cash flows, etc.
  • Responsible for invoice processing activities and troubleshooting IR/GR issues with Procurement and Fixed Assets
  • Responsible for planning and managing the execution of internal audits of critical commercial internal control systems
  • Responsible for working directly with contractors to establish rules of credit for progress and a regular cadence for cost, schedule, and progress updates
  • Reviewing and accessing accuracy of contractor cost reporting, reporting procedures, cost estimates, and forecasting
  • Advising Project Manager on accuracy of contractor reporting and contract non-conformance
  • Assisting in change management process with project leaders and contractors
  • Providing Project Manager with independent assessments and analyses
  • Preparing and updating weekly and monthly project cost reports for P66, JVs, third parties, etc.
  • Directing and collaborating with Project Controls Analysts to best support the PMO organization
  • Assisting in development of schedules to forecast outcomes
  • Periodically auditing contractor progress reporting and forecasting
  • Assuring contractors incorporate work scope changes in planning and budgets
  • Reviewing and approving contractor cost control plans and procedures for compliance and conformance
  • Updating financial reports in SAP
Requirements
  • Legally authorized to work in the job posting country.
  • Working knowledge of budget development within a WBS.
  • Intermediate - Advanced level of proficiency in Microsoft Office Applications (Word, Excel, Outlook).
  • Ability to effectively communicate with a diverse group of professionals/stakeholders

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