Project Controls Cost Analyst 2

Job Description/Tasks/Responsibilities

• Performs cost engineering analysis and activities. Identifies cost trends for management. Interfaces with financial accounting and project controls to integrate project control baseline cost model with actual cost accounting data.
• Assists and supports management in ensuring proper control, tracking and cost accounting for project financials and cost alignment with the approved project Work Breakdown/Project Coding structure.
• Reviews or assists in reviewing proposal requirements related to cost engineering and material control and develops supporting data for proposal development and contract negotiations.
• Responsible for the proper establishment and maintenance of the project Performance Measurement Baseline (PMB).
• Develops and maintains project budget, forecasts and cash flows.
• Determines the variances between budgeted cost of work to actual cost of work. Calculates Earned Value (EV) for work performed.
• Monitors and analyzes performance of large construction subcontracts.
• Develops Project Change Notices to obtain budget for work.
• Prepares "what-if" exercises to evaluate varying funding and other scenarios.
• Prepares cost studies utilizing historical data, statistical analysis, and cost and quantity comparisons.
• Supports project status reporting, variance analysis, trending and forecasting, and EVMS reporting.
• Maintains configuration control of the baseline cost model and assumptions and ensures changes are made after approval.
• Establishes format and content of summaries and reconciliations, including segregation of cost according to level of confidence and identification of areas of risk.
• Performs the collection, input and reporting of cost data, the assembly and processing of work authorization documentation.
• Assist in development and submittal of reporting both internal and external as well as the needed indicators for SPI and CPI, forecasting, reporting and accrual process.
• Interfaces with designated management and project proposal team counterparts for cost presentations.
• Controls ongoing project forecasts and reports it to asset management so they are informed of progress.
• Performs data analysis, identifies problems, and makes recommendations.
• Promotes a team atmosphere among workers and staff to ensure everyone is working together.
• Works under general supervision.
• May lead and direct the work of others.
• Performs other duties as assigned.

Job Requirements/Skills

• Effective organizational and interpersonal skills
• Effective written and verbal communication skills
• Intermediate knowledge of MS Excel, MS Word, MS PowerPoint
• Intermediate knowledge of Primavera P6, Success Estimator, Cobra, Oracle and EVMS
• Ability to develop labor unit rates based on the type of project as required
• Advanced proficiency in the use of R.S. Means and Richardsons as required

Physical/Mental Requirements and Working Conditions

• Ability to sit
• Ability to effectively communicate; speaking, reading, understanding, writing and hearing clear English; pass audiogram in hearing conservation program as required by location
• Basic math and computer skills
• Ability to work inside an office
• Ability to perform highly repetitive motions with fingers, hands, wrists, and shoulders
• Ability to work alone, work with others, and interact with the public
• Ability to perform under deadline pressure
• Ability to understand and follow basic instructions and guidelines