Cost Analyst

Socket.dev; Campbell River; On-site; CAD 100,000 - 150,000; Full time

Benefits offered by this job

Comprehensive compensation package

Paid time off program

401(k)/RRSP

Medical/Extended Health care

Wellness benefits

Tuition Reimbursement Program

Job summary

Socket.dev is seeking a Cost Analyst in Canada to support financial analysis, budgeting, and reporting for construction projects. You will review invoices, allocate accruals, and help forecast costs with project leadership across equipment, materials, and productivity trends.

The role requires a bachelor's degree in accounting or finance and 2+ years in construction, with strong communication skills and knowledge of subcontractor agreements.

Qualifications

• Bachelor's degree in Accounting, Finance or a related field required.
• 2+ years' experience in the construction industry required.
• Growing knowledge of subcontractor agreements preferred.
• Able to understand the payment application and its connection with the job cost report and key indicators.
• Growing knowledge of project change order procedures on a construction project.
• Proven written and verbal communication skills.
• Knowledge of accounting principles including construction accounting preferred.
• Ability to read and understand contract documents.

Responsibilities

• Reviews and allocates equipment accruals and apply cost codes to incoming vendor invoices for project leadership review.
• Prepares budget revisions and journal entries for Business Manager review.
• Participates in the creation of subcontractor payments and change orders.
• Tracks unsecured revenue and/or project contingencies.
• Works with project leadership to prepare resourcing projections, equipment and material projections, and productivity trend reporting and analysis on key operations to accurately forecast costs and expected financial outcomes.
• Acts as liaison between project leadership and division finance department.
• Assists with project close out activities to validate the final revenue prior to final bill submittal.
• Audits Force Account Billings against Company tracking programs and Owner billings.

Skills

Analytical skills

Communication skills

Understanding of contracts

Project change order procedures

Construction accounting knowledge

Reading and interpreting payment apps

Education

Bachelor's degree in Accounting or Finance

Job description

Overview

Are you ready to take on the challenge of shaping the financial future of a project? As a Cost Analyst, you will assist in financial analysis and reporting functions to uncover insights and strategize to predict and manage project costs effectively. Your analytical skills will be crucial in supporting financial decisions that drive project success.

You will collaborate with industry experts and committed teams who value individualityand recognize achievements.

What you will be doing

• Reviews and allocates equipment accruals and apply cost codes to incoming vendor invoices for project leadership review.
• Prepares budget revisions and journal entries for Business Manager review.
• Participates in the creation of subcontractor payments and change orders.
• Tracks unsecured revenue and/or project contingencies.
• Works with project leadership to prepare resourcing projections, equipment and material projections, and productivity trend reporting and analysis on key operations to accurately forecast costs and expected financial outcomes.
• Acts as liaison between project leadership and division finance department.
• Assists with project close out activities to validate the final revenue prior to final bill submittal.
• Audits Force Account Billings against Company tracking programs and Owner billings.

What we are looking for

• Bachelor's degree in Accounting, Finance or a related field required.
• 2+ years' experience in the construction industry required.
• Growing knowledge of subcontractor agreements preferred.
• Able to understand the payment application and its connection with the job cost report and key indicators.
• Growing knowledge of project change order procedures on a construction project.
• Proven written and verbal communication skills.
• Knowledge of accounting principles including construction accounting preferred.
• Ability to read and understand contract documents.

Why work for us

Some of the benefits you may be eligible for as an employee are:

• Comprehensive compensation package and paid time off program
• Industry leading 401(k)/RRSP
• Medical/Extended Health Care, Dental, Vision and/or Provincial Medical
• Wellness benefits & Employee Assistance Program
• Tuition Reimbursement Program

We are an EEO/ADA/Veterans employer.

Salary Min

CAD $100,000.00/Yr.

Salary Max

CAD $150,000.00/Yr.