Cost Analyst IV

3 weeks ago


Houston, Texas, United States ICSI Full time
Job Description

ICSI is seeking a highly skilled Cost Analyst IV to join our team. As a key member of our project controls group, you will be responsible for establishing and managing integrated project cost and schedule systems for multiple mid-large capital projects.

Key Responsibilities:

  • Manage 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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