Infrastructure & Capital Projects – Senior Cost Analyst, COM

Accenture; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

A leading consulting firm seeks a Senior Cost Analyst in Toronto. The candidate will develop and analyze cost reports, support capital forecasting, and ensure accurate financial reporting. An ideal applicant has significant experience in construction projects, a background in relevant disciplines, and holds AACE certifications. Excellent communication and problem-solving skills are essential for navigating stakeholder relationships and project complexities.

Qualifications

• Minimum of 8 years of related experience required.
• Significant experience in the delivery of construction projects.
• Registered for AACE certifications and equivalent training.

Responsibilities

• Develop and analyze expenses and cost transactions for accurate reporting.
• Provide detailed financial analysis and reports of expenses and project costs.
• Support cost reconciliation processes and cash flow management.

Skills

Cost accounting principles

Contract administration methods

Business administration concepts

Excel and relational database design

Stakeholder relationship management

Attention to detail

Problem-solving abilities

Communication skills

Education

Diploma or Bachelor’s degree in Business Administration

Economics or a related discipline

Tools

MAXIMO

EcoSys

WorkDay

Job description

• (Internal Title: Senior Cost Analyst)
  • Responsible for developing, analyzing, and communicating expenses and cost transactions, data to ensure that transaction are recorded accurately and assigned to the appropriate control account and contracts
  • Provides detailed financial analysis and reports of expenses, includes breakdowns of project costs, forecasts of remaining cost, and opportunities to increase efficiency
  • Support the development of Integrated Cost Reporting across the Project
  • Work across the functions to align the cost breakdown structure to the work and risk break down structures
  • Support the preparation for, and execution of QCRA across multiple contracts and the integrated Project position
  • Using the cost data and intelligence to engage across the Contracting Authority to underpin Project decision making
  • Support the Contract Administration Team in the cost/invoice reconciliation process
  • Manage the creation of cashflows and Project Estimate at Completion determinations to support capital spend forecasts
  • Provide cost intelligence, including knowledge and data from industry, to support the development of scenarios that can drive down the Indirect Costs that the Project is subject to
  • Provide cost impact analysis for all impacting proposed changes and presenting scenarios and options that best protect Contracting Authority’s position
  • Establish and provide analysis for Earned Value as required
  • Conducts market research as needed to recommend changes to pricing or business models
  • Prepares periodic cost reconciliation reports tracking data such as changing labor and supply costs
  • Capture lessons learnt from the Project and make these available across the Program
  • Oversee cost analysis, controls, and reconciliation for the assigned projects
  • Monitor contractual reliabilities and be responsible for the design and maintenance of project control databases, spreadsheets, and other control systems to support these functions
  • Review reports and supporting documentation for project approvals and contract awards
  • Prepare monthly accruals related to project-related contracts
  • Establish and provide analysis for Earned Value as required
  • Guide, train, and mentor junior staff in their cost analysis and monitoring tasks
  • Lead and implement procedural updates and corporate initiatives related to costing
• Working Conditions
  • Office-based

• Experience:
  • Minimum of 8 years of related experience
  • Significant experience int he delivery of construction projects
• Education:
  • Diploma or Bachelor’s degree in Business Administration, Accounting, Economics, or a related discipline
• Licenses OR Certifications:
  • Registered for and seeking AACE CCP, CEP, PSP, PRMP, EVP, or PMI equivalent
  • Has completed equivalent training or successfully passed designated proficiency testing in lieu of the above
• Skills and Competencies:
  • Thorough understanding of cost accounting principles and procedures
  • Thorough knowledge of Contract Administration principles, methods, procedures, and practices, as well as project management methods and practices
  • In-depth understanding of Business Administration concepts with emphasis on scheduling principles combined with a good knowledge of budget and cost control concepts
  • Excellent competency in MRP systems including MAXIMO and EcoSys, WorkDay, is considered an asset
  • Demonstrated experience with systems including extensive relational database design concepts and spreadsheets to correlate operational and financial data (Sr Level)
  • Tailor technical information for different audiences through presentations, reports, and other means independently
  • Must foster relationships with various stakeholders
  • Tact to perceive and ameliorate conflict and tension
  • Ability to arrange priorities and escalate competing risks to meet deadlines with minimum input from leadership
  • Keen eye for detail and adept problem-solving abilities
  • Must have demonstrated experience relaying and receiving information (written and verbal)
  • Excellent reading and language comprehension
  • Excellent organization skills and attention to details
  • Ability to detect and capitalize on others' strengths
  • Demonstrated capability to lead Cost Analysts, supervise, delegate, and develop capacity
  • Expert ability to work collaboratively and independently in a structured, disciplined, technology-driven environment