Cost Analyst

Technical Source; North Carolina; On-site; USD 70,000 - 95,000; Full time

Job summary

Technical Source in the United States is seeking a Cost Analyst to support the Senior Cost Manager in implementing project cost control processes for major capital projects. This role focuses on collecting, validating, and reporting cost data throughout the design lifecycle and offers growth into broader cost engineering responsibilities within an EPC environment.

The ideal candidate is detail-oriented, organized, and proficient with Excel; familiarity with Power BI and cost management software

Qualifications

• Bachelor’s degree in Engineering, Construction Management, Finance, or related field.
• 3–5 years of relevant experience in cost engineering, estimating, project controls, or project accounting.

Responsibilities

• Assist in developing and maintaining project cost reports, forecasts, and trend log.
• Update budget vs. actuals, commitments, and forecasting data on a routine basis.
• Support preparation of monthly cost reports, including variance narratives and KPI summaries.
• Maintain cost coding structures and ensure accurate data entry into cost management system.
• Track potential changes, design evolution impacts, and scope adjustment.
• Support the Senior Cost Manager in preparing Change Order documentation.
• Maintain the change log and ensure changes are reflected in forecast.
• Assist with cost review of subconsultant and equipment supplier proposal.
• Validate invoices, pay applications, and commitment tracking.
• Coordinate with accounting, discipline leads, and procurement to maintain accurate cost data.
• Maintain organized, auditable cost files and documentation.
• Utilize project cost systems (e.g., Excel, Power BI, Prism, EcoSys, or similar tools).
• Support implementation of cost controls processes and continuous improvement initiative.

Skills

Analytical and quantitative skills

Excel

Power BI familiarity

Communication skills

Collaborative work style

Eagerness to learn cost engineering

Education

Bachelor’s degree in Engineering, Construction Management, Finance, or related field

Tools

Power BI

Job description

The Cost Analyst will support the Senior Cost Manager in implementing project cost control processes for major capital projects. This role is responsible for collecting, validating, and reporting cost data and supporting financial tracking throughout the design lifecycle. The ideal candidate is detail-oriented, organized, and eager to grow into broader cost engineering responsibilities within an EPC environment

.
Key Responsibiliti

esCost Tracking & Reporti

• ngAssist in developing and maintaining project cost reports, forecasts, and trend log
• s.Update budget vs. actuals, commitments, and forecasting data on a routine basi
• s.Support preparation of monthly cost reports, including variance narratives and KPI summarie
• s.Maintain cost coding structures and ensure accurate data entry into cost management system

s.Change Manageme

• ntTrack potential changes, design evolution impacts, and scope adjustment
• s.Support the Senior Cost Manager in preparing Change Order documentatio
• n.Maintain the change log and ensure changes are reflected in forecast

s.Procurement & Contract Suppo

• rtAssist with cost review of subconsultant and equipment supplier proposal
• s.Validate invoices, pay applications, and commitment trackin
• g.Coordinate with accounting, discipline leads, and procurement to maintain accurate cost dat

a.Data Management & Syste

• msMaintain organized, auditable cost files and documentatio
• n.Utilize project cost systems (e.g., Excel, Power BI, Prism, EcoSys, or similar tools
• ).Support implementation of cost controls processes and continuous improvement initiative

s.
Qualificati

onsEducation & Experie

• nceBachelor’s degree in Engineering, Construction Management, Finance, or related fie
• ld.3-5 years of relevant experience in cost engineering, estimating, project controls, or project account

ing
Skills & Competen

• ciesStrong analytical and quantitative skills with a high attention to det
• ail.Proficiency in Excel; familiarity with Power BI, databases, or cost management software is a p
• lus.Strong communication skills, both written and ver
• bal.Ability to work collaboratively with engineering, procurement, and accounting te
• ams.Eagerness to learn cost engineering practices in a fast-paced project environm
• nmentH
• ybridWorks closely with design leads, project managers, procurement, and finance t
• eams.Supports a complex, multi-disciplinary design project within an EPC organiza