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Construction Cost Analyst

2 months ago

Los Angeles California, Los Angeles County, CA, United States CEDARS-SINAI Full time
Job Description

Align yourself with an organization that has a reputation for excellence Cedars Sinai was awarded the National Research Corporation’s Consumer Choice Award 19 times for providing the highest-quality medical care in Los Angeles. We provide an outstanding benefit package that includes flexible paid time off, health and dental insurance, a 403(b) and competitive compensation. Discover why U.S. News & World Report has named us one of America’s Best Hospitals

What would I be doing in this role?

The Construction Cost Accountant works under the general supervision of an Executive Director or designee and follows established project accounting policies and procedures for the Department of Facilities Development. Performs multi-tasks responsibilities for processing all construction related financial information. Prepares monthly reconciliation of construction expenditures to the general ledger. Provides all financial support to project managers regarding all financial aspects of capital construction projects from inception to closeout. In this role you will:

  • Prepare monthly financial closing for cost accounting system.
  • Enter all financial data for construction projects into the existing cost accounting system accurately and completely and responding to all internal and external inquires.
  • Prepare monthly project analysis and cost projections.
  • Meet assigned deadlines as required by the department.
  • Review invoices for contract compliance and correctness for all transactions.
  • Maintain and update vendors’ database.
  • Prepare journal entries for month-end close.
  • Confirm authorization for all projects in progress.
  • Prepare and set up a new project number for new Facilities Service Requests (FSR). Obtain the Construction In Progress (CIP) number and forward documents to General accounting for review and assignment of a CIP number. This number will be combined with the project number designation to become the project's final number.
  • Provide vendors' payment status and other related information to project managers and vendors in accordance with the Department’s policies and procedures.
  • Assist in preparing work papers for departmental audit of construction in progress and other related information.
  • Prepare and set up the budget, based on the submitted schedule of values and the awarded CIP number. Responsible in creating a Project Task Summary based on the schedule of values.
  • Prepare and set up CSI code; these CSI codes will determine and provide the summary cost for management, Permit fees, EIS, Test & Inspection, Arch./Engr. Services, Construction Cost, etc.
  • Prepare and set up the vendor number based on the number assigned by Accounts Payable.
  • Assess Purchase Requisition written format for completion by reviewing attached proposals and supporting documentations, review amounts for accuracy, verify project, CIP number, and approved budget are in current Fiscal Year. Verify signatures, PR committed to Solomon System, PR scanned into Imagenow System, PR taken to Purchasing Department.

QualificationsRequirements:
  • High school diploma/GED Required. Bachelor's degree in accounting, business, finance, economics or another related field of studies preferred.
  • 3 years of progressive experience in the construction accounting and/or facilities management industry, with direct knowledge of analyzing and interpreting financial information for construction accounting and contracts related to a Master Facility Program required, 10 years preferred.


Req ID : 1503
Working Title : Construction Cost Analyst (hospital, healthcare)
Department : Construction
Business Entity : Cedars-Sinai Medical Center
Job Category : Finance
Job Specialty : Accounting
Overtime Status : EXEMPT
Primary Shift : Day
Shift Duration : 8 hour
Base Pay : $29.00 - $44.95