Cost Analyst 2 4P/356

4P Consulting Inc.; Birmingham (AL); On-site; USD 70,000 - 90,000; Full time

Job summary

A consulting firm in the energy sector is seeking a Cost Analyst 2 in Birmingham, AL. The successful candidate will analyze project budgets, track costs, and ensure compliance with financial regulations. The role requires 5–10 years of experience in cost analysis and strong proficiency in Microsoft Office. Join a team focused on cost efficiency and rigorous financial controls in a dynamic project environment.

Qualifications

• 5–10 years of experience in cost analysis, project controls, or financial planning.
• Experience working with large datasets and cost control systems.
• Familiarity with utility or energy project environments is highly desirable.

Responsibilities

• Track and analyze project budgets, actual costs, and overall financial performance.
• Identify and investigate cost variances, providing root cause analysis.
• Lead budget preparation and cost forecasting activities.
• Collaborate with project managers to adjust budgets based on scope changes.
• Prepare financial reports and variance analyses for leadership review.
• Ensure adherence to internal policies and regulatory standards.
• Support multiple projects in a fast-paced environment.
• Recommend and implement process improvements.

Skills

Analytical skills

Problem-solving skills

Communication skills

Interpersonal skills

Multitasking

Education

Bachelor’s Degree in Accounting, Finance, Business Administration, Economics

Tools

Microsoft Office (Excel, Access, Word, Power BI)

Job description

Cost Analyst 2

Location:Birmingham, AL.

Contract- 3 Years

Client- Alabama Power

Position Overview

We are seeking an experienced Cost Analyst (5–10 years) to support complex energy and infrastructure projects. The successful candidate will play a critical role in tracking project costs, analyzing variances, and ensuring compliance with financial standards, regulations, and project requirements.

This role requires a detail-oriented and adaptable professional who can collaborate closely with project managers, engineers, and compliance teams to maintain financial accuracy and drive cost efficiency.

Key Responsibilities

• Track and analyze project budgets, actual costs, and overall financial performance.

• Identify and investigate cost variances, providing root cause analysis and corrective recommendations.

• Lead budget preparation and cost forecasting activities, aligning project costs with organizational goals.

• Collaborate with project managers and stakeholders to adjust budgets based on scope changes.

• Prepare financial reports, cost documentation, and variance analyses for leadership review.

• Work closely with finance, audit, and compliance teams to ensure adherence to internal policies and regulatory standards.

• Support multiple projects simultaneously in a fast-paced, dynamic environment.

• Recommend and implement process improvements for enhanced cost control and efficiency.

Qualifications

• Education: Bachelor’s Degree in Accounting, Finance, Business Administration, Economics, or a related field.

• Experience: 5–10 years of experience in cost analysis, project controls, or financial planning.

• Technical Proficiency:

  • Advanced knowledge of Microsoft Office (Excel, Access, Word, Power BI).

  • Experience working with large datasets and cost control systems.

  • Familiarity with utility or energy project environments is highly desirable.

• Core Competencies:

  • Strong analytical and problem-solving skills.

  • Excellent communication and interpersonal skills for collaborating with internal teams and external vendors.

  • Ability to multitask and manage multiple complex projects.

  • Adaptability in a changing environment with shifting priorities.