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An established industry player is seeking a Senior Cost Analyst to drive effective cost management across various projects. This role involves collaborating with project teams to develop detailed budgets and forecasts, while also mentoring junior analysts. You will be responsible for optimizing costs and enhancing performance through data analysis and reporting. The ideal candidate will have a strong background in business administration or accounting, with significant experience in contract administration and project management. If you are detail-oriented and possess strong analytical skills, this position offers a fantastic opportunity to make a real impact.
Responsible for developing, analyzing, and communicating cost data to ensure effective cost management across the organization.
Collaborate closely with project teams, project managers, and stakeholders to understand project goals and translate them into detailed cost estimates, budgets, and forecasts.
Provide guidance and mentorship to junior cost analysts and assist project managers in tracking project costs, variances, and trends.
Manage allocation of project resources, including personnel, materials, and equipment, ensuring accurate cost capture and reporting.
Prepare and present cost reports and updates, offering insights and recommendations for cost optimization.
Develop cost management processes, methodologies, and best practices to enhance cost performance and efficiency.
Manage creation of cashflows and estimated final costs for large capital projects.
Oversee contract phases, including development of terms, negotiations, and warranty administration.
Finalize and approve progress reports and contract statuses.
Ensure schedules for acquisition projects are prepared, monitored, and maintained.
Support project control aspects of capital budget preparation.
Oversee cost analysis, controls, and reconciliation for assigned projects.
Maintain project control databases, spreadsheets, and systems to support cost functions.
Review reports and documentation for project approvals and contract awards.
Prepare monthly accruals related to project contracts.
Establish and analyze Earned Value metrics as required.
Mentor junior staff in cost analysis and monitoring tasks.
Lead procedural updates and corporate initiatives related to costing.
Role requires 2-3 days in the office at Municipality of Clarington, Ontario.
Minimum of 8 years of related experience.
Diploma or Bachelor’s degree in Business Administration, Accounting, Economics, or related discipline.