Cost Analyst

LER TechForce; San Antonio (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

LER TechForce is seeking a Project Financial Analyst to support cost control and procurement on complex construction programs. The role focuses on budgeting, cost estimation, and financial reporting across design and construction phases.

You will perform QTOs, VE analyses, cash flow forecasting, change order management, and closeout financials, ensuring accuracy and adherence to contracts and schedules.

Responsibilities

• Budget development across conceptual to detailed design estimates and CBS baselines.
• Quantity takeoffs (QTO) using drawings, specs, and BIM models.
• Lead value engineering during design to cut costs without compromising design.
• Monitor expenditures and EV via EVM to compute VAC and EAC.
• Develop monthly cash flow projections and draw schedules.
• Audit and negotiate subcontractor change orders against market rates.
• Assist procurement in scoping, bids, and financial risk of major vendors.
• Verify pay apps (G702/G703) and lien waivers before disbursement.
• Perform project closeout with final reconciliations and contingency audits.

Job description

• Budget Development: Prepare conceptual, schematic, and detailed design-phase cost estimates, establishing accurate baseline budgets and cost breakdown structures (CBS).
• Quantity Takeoffs: Perform comprehensive material takeoffs (QTO) using architectural and engineering drawings, technical specifications, and BIM models.
• Value Engineering (VE): Lead VE analyses during design phases to identify cost-saving alternatives without compromising structural integrity or design intent.
• Budget Tracking & Earned Value: Monitor ongoing expenditures, committed costs, and work-in-place using Earned Value Management (EVM) to calculate Variance at Completion (VAC) and Estimate at Completion (EAC).
• Cash Flow Forecasting: Develop and update monthly cash flow projections and draw schedules to manage project liquidity and owner billing cycles.
• Change Order Management: Audit, negotiate, and validate subcontractor change order requests, evaluating pricing against market rates and contract allowances.
• Contract Review: Assist procurement teams in drafting scope packages, evaluating trade contractor bids, and performing financial risk assessments on major vendors.
• Pay Application Verification: Review monthly payment applications (G702/G703) and lien waivers against verified field progress before authorizing disbursements.
• Project Closeout: Perform final financial reconciliations, settle contingency funds, and audit final subcontractor accounts.