Capital Projects Cost Analyst (ESOP)

ITAC; Piscataway Township (NJ); On-site; USD 66,000 - 90,000; Full time

Benefits offered by this job

Health, Vision, and Dental Insurance

401k & ESOP

Life Insurance

Short & Long-Term Disability

Paid Time Off

Paid Holidays

Employee Assistance Program

Professional Development

Wellness Program

Safety Incentive Program

24/7 Chaplain Care

Job summary

ITAC seeks a Project Cost Analyst to support a portfolio of capital projects within an active manufacturing environment. You will monitor, analyze, and report project costs across budgets, forecasts, and cash flow, working with project managers, engineers, procurement, and leadership to ensure on-budget delivery.

The role emphasizes budgeting, variance analysis, and financial reporting, requiring strong Excel skills and the ability to manage multiple priorities in a fast-paced setting.

Qualifications

• Bachelor's degree in Finance, Accounting, Business Administration, Engineering, Construction Management, or a related field along with 5 years of relevant experience in project cost control, project accounting, or financial analysis within a manufacturing, industrial, engineering, or construction environment, OR at least 10 years of relevant experience without a degree.
• Relevant experience supporting capital projects, manufacturing projects, or industrial facility improvement initiatives.
• Strong understanding of budgeting, forecasting, cost tracking, variance analysis, and financial reporting.
• Experience analyzing project performance and providing recommendations based on financial data.
• Advanced proficiency in Microsoft Excel and proficiency with Microsoft Office Applications; Word, PowerPoint, Outlook, etc.
• Ability to manage multiple priorities and deadlines in a fast-paced project environment.
• Strong analytical, problem-solving, and organizational skills.
• Excellent verbal and written communication skills.

Responsibilities

• Develop and maintain project budgets, cost forecasts, and cash flow projections for factory transformation and capital improvement projects.
• Track, analyze, and report project expenditures against approved budgets and forecasts.
• Monitor project cost performance and identify variances, trends, and potential budget risks.
• Prepare cost reports, financial summaries, and project performance metrics for project teams and leadership.
• Support project managers in evaluating budget impacts related to scope changes, schedule changes, and unforeseen project conditions.
• Review contractor invoices, purchase orders, and project-related expenses to ensure accuracy and alignment with project budgets.
• Coordinate with procurement, accounting, and project teams to reconcile project costs and commitments.
• Assist in the development of cost estimates and budget planning for upcoming projects and project phases.
• Track committed costs, actual costs, accruals, and forecasted expenditures throughout the project lifecycle.
• Identify opportunities for cost savings and improved financial performance.
• Ensure project cost data is accurate, current, and properly documented in accordance with company standards.
• Support project audits and provide financial documentation as required.

Skills

Budgeting

Forecasting

Cost tracking

Financial analysis

ERP systems

Education

Bachelor's degree in Finance/Accounting/Engineering/Construction Management

10+ years of relevant experience without a degree

Tools

Excel

MS Office

Job description

ITAC seeks a Project Cost Analyst to support a portfolio of capital projects within an active manufacturing environment. You will monitor, analyze, and report project costs across budgets, forecasts, and cash flow, working with project managers, engineers, procurement, and leadership to ensure on-budget delivery.

The role emphasizes budgeting, variance analysis, and financial reporting, requiring strong Excel skills and the ability to manage multiple priorities in a fast-paced setting.