Cost Analyst

Aquatech International LLC; Canonsburg (Washington County); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Paid time off

Company-paid holidays

401K plan

Job summary

Aquatech International LLC, Canonsburg, PA, seeks a full-time Cost Supervisor to lead budgeting, cost control, and reporting for EPC and design-build projects. Strong Excel, SAP, and EVM skills are required to track costs, analyze variances, and support forecasts.

The role involves coordinating with Project Management, Engineering, Procurement, and Construction teams to ensure accurate cost reporting and timely closeout activities. A Bachelor's degree and 3+ years in cost control are preferred.

Qualifications

• 3+ years of Project Accounting, Cost Control, Project Finance, or EPC project support experience.
• Experience supporting EPC, industrial, water treatment, infrastructure, or construction projects.
• Proficient in SAP (Project Systems preferred).
• Strong understanding of budgeting, forecasting, and cost control principles.

Responsibilities

• Develop, maintain, and monitor project budgets, forecasts, and cost reports throughout the project lifecycle.
• Track and analyze project costs, commitments, accruals, and expenditures to ensure alignment with approved budgets.
• Review purchase orders, vendor invoices, subcontractor billings, and change orders for cost accuracy and proper project coding.
• Prepare monthly cost reports, variance analyses, and financial performance summaries for Project Managers and senior leadership.
• Monitor project labor, material, equipment, and subcontract costs to identify trends, risks, and opportunities for cost savings.
• Support project managers with forecasting estimates at completion (EAC), estimates to complete (ETC), and cash flow projections.
• Ensure accurate recording and allocation of project costs within SAP and other project accounting systems.
• Compile and reconcile actual cost data against project budgets and forecasts.
• Maintain project cost controls and financial tracking tools for EPC and design-build projects.
• Track committed costs and compare actual expenditures against budgeted values.
• Assist with project closeout activities, including final cost reconciliation, accrual reviews, and financial reporting.
• Collaborate with Project Management, Engineering, Procurement, and Construction teams to ensure timely and accurate cost reporting.
• Analyze and report on project profitability, gross margin performance, and forecasted financial outcomes.
• Support change management processes by evaluating the financial impact of changes, claims, and scope adjustments.
• Participate in monthly project review meetings and provide financial insights on project performance.

Skills

Excel proficient

SAP Project Systems

Earned Value Management (EVM)

Budgeting

Forecasting

Cost control

Education

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

Tools

RS Means

Sage (Timberline)

ASPEN Estimating

Job description

At Aquatech, we tackle the challenges of critical minerals, water scarcity, and complexity by leveraging technology, expertise, and financing to deliver comprehensive solutions that enable competitive, sustainable infrastructure. As a leading global provider of water and industrial process technology solutions, we help the world's most recognized companies achieve their sustainability and operational goals by implementing innovative approaches for water reuse, desalination, minimal and zero liquid discharge, and critical minerals recovery. Learn more at www.aquatech.comAquatech has an immediate need for a full-time Cost Supervisor to work in our Canonsburg Pa location. The hours are Monday – Friday 8:00 am to 5:00 pm. The Estimation Engineer will perform the duties described in the job description below and will be considered an Exempt employee.The ideal candidate will be an expert in costing and estimation. The candidate will be technically strong, have experience in construction, and be good with Microsoft Excel.Job Description:Job DescriptionDevelop, maintain, and monitor project budgets, forecasts, and cost reports throughout the project lifecycle.Track and analyze project costs, commitments, accruals, and expenditures to ensure alignment with approved budgets.Review purchase orders, vendor invoices, subcontractor billings, and change orders for cost accuracy and proper project coding.Prepare monthly cost reports, variance analyses, and financial performance summaries for Project Managers and senior leadership.Monitor project labor, material, equipment, and subcontract costs to identify trends, risks, and opportunities for cost savings.Support project managers with forecasting estimates at completion (EAC), estimates to complete (ETC), and cash flow projections.Ensure accurate recording and allocation of project costs within SAP and other project accounting systems.Compile and reconcile actual cost data against project budgets and forecasts.Maintain project cost controls and financial tracking tools for EPC and design-build projects.Track committed costs and compare actual expenditures against budgeted values.Assist with project closeout activities, including final cost reconciliation, accrual reviews, and financial reporting.Collaborate with Project Management, Engineering, Procurement, and Construction teams to ensure timely and accurate cost reporting.Analyze and report on project profitability, gross margin performance, and forecasted financial outcomes.Support change management processes by evaluating the financial impact of changes, claims, and scope adjustments.Participate in monthly project review meetings and provide financial insights on project performance.Key Areas of Cost ResponsibilityLabor Cost TrackingMaterial Cost TrackingSubcontractor Cost ManagementEquipment and Rental Cost TrackingPurchase Order and Commitment TrackingChange Order Cost AnalysisForecasting and Cash Flow ReportingEarned Value Management (EVM)Budget vs. Actual Cost ReportingProject Closeout AccountingSkill RequirementsBachelor's degree in Accounting, Finance, Construction Management, Engineering, or related field.3+ years of Project Accounting, Cost Control, Project Finance, or EPC project support experience.Strong understanding of project budgeting, forecasting, and cost control principles.Experience supporting EPC, industrial, water treatment, infrastructure, or construction projects.Advanced Microsoft Excel skills including Pivot Tables, Power Query, VLOOKUP/XLOOKUP, and financial modeling.Proficient in SAP (Project Systems preferred).Experience with project controls and cost management systems.Strong understanding of:Cost forecastingBudget developmentAccrual accountingCommitted cost reportingCash flow forecastingVariance analysisEarned Value Management (EVM)Ability to analyze large datasets and communicate project financial performance to technical and non-technical stakeholders.Excellent organizational, analytical, and problem-solving skills.Strong attention to detail and ability to manage multiple projects simultaneously.Effective communication and collaboration skills across Project Management, Procurement, Engineering, and Finance teams.Benefits:Aquatech offers a comprehensive benefits package, including paid time off, company-paid holidays, and a 401K plan (all benefits are based on eligibility).Essential Functions:To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed above and below are representative of the knowledge, skill, and/or ability required. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions.Physical Job Demands:Lifting/carrying/moving and exerting up to 50 lbs. of force occasionally and/or a negligible amount of force frequently or constantly to lift, carry, push, pull, or otherwise move objects, including the human body. May need to climb ladders, cannot be afraid of heights, and will need to wear Personal Protective Equipment (PPE) while on site. It involves sitting at a desk for extended periods. Needs a high degree of concentration in a busy areaBachelor's Degree preferableMinimum Ten (10) or more years of experience working as an Estimator Experience in estimation of Civil works, Mechanical Installation works (Heavy Industrial), Building works,MEP, and E & I Installation works. In-depth knowledge of labor costs per trade and by region/ location. Hands-on experience with RS Means & Sage (Formerly Timberline) estimating software. Proficiency in ASPEN Estimating software