Industrial Project Cost Analyst – Manufacturing

Itac; New Haven (CT); On-site; USD 66,000 - 90,000; Full time

Benefits offered by this job

401k & ESOP

Health, Vision, and Dental Insurance

Paid Time Off

Paid Holidays

Professional Development

Job summary

ITAC seeks a Project Cost Analyst to support a portfolio of capital projects in a manufacturing environment. You will monitor, analyze, and report costs for capital and operational projects, collaborating with project managers, engineers, procurement, and leadership to keep projects within budget.

The role requires strong budgeting, forecasting, cost-tracking, and financial reporting skills, with experience in factory transformation and capital projects.

Qualifications

• Bachelor's degree with 5 years of project cost control experience, or 10+ years without a degree.
• Experience in budgeting, forecasting, cost tracking, variance analysis and financial reporting.
• Experience supporting capital projects in manufacturing/industrial environments.
• Advanced proficiency in Microsoft Excel and other MS Office apps.
• Strong communication and organizational skills.

Responsibilities

• Develop and maintain project budgets, forecasts, and cash flow for factory projects.
• Track expenditures against budgets and forecasts and report variances.
• Monitor cost performance and identify budget risks.
• Prepare financial summaries and performance metrics for leadership.
• Support cost analysis for scope, schedule changes and conditions.
• Review contractor invoices and align costs with budgets.
• Coordinate with procurement, accounting, and project teams on costs.
• Assist in cost estimates and budgeting for future projects.
• Track committed costs, actuals, accruals, and forecasts.
• Identify cost-saving opportunities and ensure accurate data.
• Support audits with required financial documentation.

Skills

Advanced Excel

Analytical thinking

Communication skills

Project cost control

Education

Bachelor's degree in Finance, Accounting, Business Administration, Engineering, Construction Management

10+ years of relevant experience without a degree

Tools

ERP systems

Project cost management software

Job description

ITAC seeks a Project Cost Analyst to support a portfolio of capital projects in a manufacturing environment. You will monitor, analyze, and report costs for capital and operational projects, collaborating with project managers, engineers, procurement, and leadership to keep projects within budget.

The role requires strong budgeting, forecasting, cost-tracking, and financial reporting skills, with experience in factory transformation and capital projects.