Senior Cost Manager

Mace Group; Toronto; On-site; CAD 75,000 - 100,000; Full time

Job summary

A leading company seeks a cost analyst to support financial management in construction projects. This position involves analyzing costs, developing integrated reporting, and supporting contract administration. Ideal candidates will have a strong background in business administration and excellent analytical skills, aiming to impact project efficiency positively.

Qualifications

• Significant experience in the delivery of construction projects.
• Thorough understanding of cost accounting principles.
• Demonstrated capability to lead cost analysts.

Responsibilities

• Analyzes expenses and ensures transactions are recorded accurately.
• Provides detailed financial analysis and reports of expenses.
• Conducts market research to recommend changes.

Skills

Analytical skills

Organizational skills

Attention to detail

Education

Bachelor’s degree in business administration, accounting, economics, or related discipline

Tools

MRP systems like MAXIMO and EcoSys

Microsoft Office Suite

Job description

Position Status: This opportunity is for a secured role that is due to commence in August subject to approval. If you would like to be considered as we progress with this position, please click to apply.

At Mace, our purpose is to redefine the boundaries of ambition. We believe in creating places that are responsible, bringing transformative impact to our people, communities and societies across the globe. To learn more about our purpose, culture, and priorities, visit our strategy site.

Within our consult business, we harness our unique combination of leading-edge practical expertise and project delivery consultancy to unlock the potential in every project.

Our values shape the way we consult and define the people we want to join us on our journey, they are:

• Safety first - Going home safe and well
• Client focus - Deliver on our promise
• Integrity - Always do the right thing
• Create opportunity - For our people to excel

You’ll Be Responsible For:

• Analyzes expenses and cost transactions; ensures that transactions are recorded accurately and assigned to the appropriate control accounts 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 & 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.
• Performs other related duties, as assigned.

You’ll Need To Have:

• Significant experience in the delivery of construction projects.
• Excellent analytical skills.
• Excellent organizational skills and attention to detail.
• Thorough understanding of cost accounting principles and procedures.
• Proficient in Microsoft Office Suite or similar software as well as accounting software.
• Excellent verbal and written communication skills.
• 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.
• 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.
• 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.

You’ll Also Have:

• Bachelor’s degree in business administration, accounting, economics, or a related discipline.
• Registered for AACE CCP, CEP, or equivalent.

Mace is an inclusive employer and welcomes interest from a diverse range of candidates. Even if you feel you do not fulfil all of the criteria, please apply as you may still be the best candidate for this role or another role within our organisation.

We are also open to discussing part-time, flexible, and hybrid working options if suitable within the role.

Please remember the Employee Referral Scheme and if there are any talented people you can recommend, just click the button and use the ‘Refer a friend’ feature found within the relevant job.