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An established industry player is seeking a Senior Cost Analyst to enhance cost management across various projects. In this pivotal role, you will collaborate with project teams to develop detailed cost estimates and budgets, while providing mentorship to junior analysts. Your expertise in cost analysis will guide project managers in tracking costs and optimizing budgets. The position offers a dynamic work environment where your contributions will directly impact project success and efficiency. Join this forward-thinking organization to elevate your career and make a significant impact in the realm of cost management.
Responsible for developing, analyzing, and communicating cost data to ensure effective cost management across the organization.
Collaborate closely with project teams, project managers, and other stakeholders to understand project goals, objectives, and requirements and translate them into detailed cost estimates, budgets, and forecasts.
Provide guidance and mentorship to junior cost analysts and assist project managers in identifying and tracking project costs, variances, and trends.
Manage the allocation of project resources, including personnel, materials, and equipment, to ensure that project costs are accurately captured and reported.
Prepare and present cost reports and updates to project stakeholders and leadership, providing insight and recommendations for cost optimization and control as needed.
Develop cost management processes, methodologies, and best practices to improve cost performance and efficiency across the organization.
Manage the creation of cashflows and “Estimated Final Costs” for large capital projects.
Direct the various phases of the contracts including the development of terms and conditions, negotiations of contracts, and warranty administration.
Finalize and sign off on progress reports and status of contracts.
Ensure schedules for acquisition projects are prepared, monitored, and maintained.
Provide project control support for all aspects of the capital budget preparation.
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.
Role requires 2-3 days in the office at Municipality of Clarington, Ontario.