Cost Control Specialist

1 day ago


Denver, Colorado, United States TWD Technologies Full time
Job Summary

As a key member of our global engineering firm, TWD Technologies, the Cost Control Specialist will play a vital role in supporting cost management and financial analysis for various projects. This position ensures accurate tracking, reporting, and forecasting of project costs, contributing to effective financial control and decision-making.

Key Responsibilities
  • Cost Tracking and Reporting
    • Monitor and track project costs, ensuring alignment with approved budgets and financial plans.
    • Prepare and distribute regular cost reports, highlighting variances and potential issues.
  • Budget Management
    • Assist in the development and maintenance of project budgets, including initial estimates and ongoing adjustments.
    • Support project managers in budget reviews and updates, ensuring accurate and timely information.
  • Forecasting and Analysis
    • Conduct cost forecasting and financial analysis to identify trends and provide insights for project planning.
    • Assist in the preparation of financial models and scenarios to support project decision-making.
  • Compliance and Risk Management
    • Ensure compliance with company policies, procedures, and financial regulations.
    • Identify and mitigate potential financial risks, recommending corrective actions as needed.
  • Communication and Coordination
    • Collaborate with project teams, finance, and other stakeholders to ensure accurate cost information and effective communication.
    • Serve as a point of contact for cost-related inquiries and provide support to project managers.
  • Record Keeping and Documentation
    • Maintain organized and up-to-date records of cost data, ensuring accurate documentation for auditing and reporting purposes.
    • Assist in the preparation of financial reports and documentation for internal and external stakeholders.
  • Support and Training
    • Provide support to senior cost analysts and project managers as needed.
    • Participate in training sessions to enhance knowledge and skills related to cost control and financial analysis.


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