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US Tech Solutions · 16 hours ago

Cost Analyst

Valparaiso, IN

Contract

Hybrid

Senior Level, Lead/Staff

$40/hr - $47/hr

8+ years exp

US Tech Solutions is a global staff augmentation firm providing a wide range of talent on-demand and total workforce solutions. They are seeking a Cost Analyst to enhance project cost performance through integrated cost analysis and forecasting, manage contract commercial activities, and optimize project budgets and cost reporting.

Information Technology

Growth Opportunities

Hiring Manager

Gaurav Kejriwal

Responsibilities

Increase proficiency in cost analysis and integrated cost and schedule forecasting using quantitative risk management tools and techniques (Expected Monetary Value and Sensitivity Analysis) to better predict project cost performance and enable timely corrective, preventive, and predictive action

Develop qualitative integrated project baselines that are used to effectively measure project performance and provide the ability to take corrective / preventive / predictive action. Apply the cost of quality to cost management

Applies integrated objective risk management to the project baselines to optimize project risk responses

Orchestrates contract commercial management, facilitates contract payments, conduct contract performance assessment and reporting and initial contract performance analysis and contract commercial forecasting. Performs contract reviews relative to payment requirements and supporting documentation

Applies core project controls expertise. Review and coordinate the management and utilization of project management guidelines, project management standards, processes, job aids, and tools. Integrates all project management subsidiary systems to improve project performance

Directs cost effort. Tailors cost management processes. Tailors / creates cost management tools / techniques to advance cost performance. Provides continuous life cycle cost estimating / forecasting with increased predictability. Manages the project budget and cost performance baseline

Process labor timesheets, invoices, and other submittals associated with contract labor; code invoice details for Nature of Expenses, Work Breakdown Structure and Cost Budgeting System codes; Assist Project Managers and Cost Budget Analysts in the accrual process

Evaluate manpower, labor hours, and labor cost requirements versus budget limitations, perform cost and schedule analysis, and make corrective/preventive recommendations

Maintains / manages project Estimate at Completion and recommends areas of improvement to project stakeholders

Works to implement cost predictive (opportunity) actions. Perform standard and advanced project and special project cost reporting as anticipated for the project stakeholders; compiles and produces cost reports as needed

Uses schedule analysis techniques to optimize schedule and cost performance; identifies corrective, preventive, and predictive project actions to enhance probability of achieving project objectives

Apply integrated project management proficiency in core integration, scope, cost, and schedule

Optimize product life cycle costing competence. Assist the project management team, Major Project managers, Director, and other relevant stakeholders in retrieving cost management information and reporting

Applies integrated thinking to cost management that facilitates improved objective performance

Utilize communication competence to drive effective project cost decision making

The Senior Cost Analyst will manage in accordance with Industry standards, the Project Management Guidelines and Standards, and industry best practices

Qualification

Cost analysisCost forecastingRisk managementBudget developmentSAP (S4/HANA)Excel skillsChange controlVariance analysisTeamworkConflict resolution

Required

Integrated knowledge base in project scope-schedule-cost, and risk-quality management

Integrated comprehension and application of project management subsidiary guidelines, standards, processes, and job aids

Integrated proficiency in risk and quality management tools and techniques

Leads (situational leadership), inspires, motivates project stakeholders in concert with effective stakeholder management using cognitive ability, personal effectiveness, innovation, value-based decision-making, integrated communication (soft and hard skills), conflict resolution, teamwork, team building

Manages project stakeholders using cognitive ability, personal effectiveness, innovation, value-based decision-making, integrated communication (soft and hard skills), conflict resolution, and teamwork

Key Skills: Budget development, Cost forecasting, Cost analysis/cost reporting, Risk management, Change control Variance analysis, large capital project environments. Experience in utility construction project environments, Excel skills Access skills, SAP (S4/HANA) skills

High School diploma and eight years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation. Or bachelor's degree plus 3 years financial / cost management experience

Preferred

Ability to develop/review project estimates and build project budgets; read and analysing project schedules

Bachelor's Degree and eight years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration, and subsequent report generation

Experience in large industrial Capital Project environments