Project Cost Analyst

MWIDM; Tulsa (OK); Hybrid; USD 60,000 - 100,000; Full time

Job summary

An established industry player is seeking a Project Cost Analyst to join their dynamic team in Tulsa. In this hybrid role, you will play a crucial part in coordinating project cost analysis and supporting project managers. Your expertise in budgeting, financial analysis, and project management will be key in ensuring accurate tracking and reporting of project costs. The ideal candidate will possess advanced Excel skills and a strong financial background, ready to collaborate with teams and enhance project performance. This is an exciting opportunity to contribute to impactful projects while working in a supportive and innovative environment.

Qualifications

• Experience in project management and cost tracking analysis is essential.
• Strong Excel skills and financial analysis background preferred.

Responsibilities

• Coordinate project cost analysis and monitor project budgets.
• Assist with forecasts of project spending and cash flows.

Skills

Project Management

Cost Tracking Analysis

Budgeting

Financial Analysis

Communication Skills

Excel

Accounting Principles

Education

Bachelor's Degree

Tools

Microsoft Office

Job description

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Job Title: Project Cost Analyst

Location: Tulsa, OK, 74119

Duration: 11 Months

**This position will be a Hybrid position 3 days onsite and 2 days remote**

Qualified Experience:

• Includes utility specific operations knowledge/experience with a good working knowledge of work processes and procedures.
• Experience should be in planning, project management, cost tracking analysis, forecasting, project budgets, working with accounting principles. Prefers Bachelor degree.
• Advanced Excel skills.
• Strong Financial analytical work history.
• Looking for candidates with financial backgrounds. Budgeting, Accounting and Forecasting skill sets.

Job Summary:

• Coordinates project cost analysis and controls team activities supporting the Project Managers (PMs) or other staff, including overseeing the cost reporting for multiple projects and monitoring project budgets to assure accurate depiction of project cost on intermediate projects under some supervision.
• Input of budgets within the corporate systems, providing ongoing forecast updates and variance analysis at the program and project levels, input and tracking of key performance indicators (KPIs), and working collaboratively with project teams to implement project management best practices throughout the project lifecycle.
• Provide communication and develop partnerships with internal and/or external customers.
• Conduct training, support continuous process improvement efforts and develop tools and processes utilized within the work group.
• Responsible for the creation of work orders and having direct interface in coordinating with external contractors and vendors to integrate these parties into the overall project budget and schedule.

Essential Job Functions & Tasks:

• Coordinate project meetings and work with project team members on project activities. Support the PM in the preparation and updating of project documentation and planning.
• Assist with preparing forecasts of project spending and cash flows, budget variance monitoring, cost tracking/analysis. Depending on business unit needs, provide analysis and verification for Sarbanes Oxley (SOX) activities and assist with providing input to annual budget, capital forecasts, five-year plan, and improvement requisitions. Perform estimate vs. actuals analysis.
• Collaborate with Project Management (PM) and other vested parties to perform variance reporting and/or establish original baseline budgets that are time-phased with dates from the system schedule. Create project breakdown structures.
• Perform some departmental organizational functions when necessary and as assigned to ensure the smooth operation of project functions.
• Depending on the business unit assigned, assist in the contracting process. This might include bidding activities, analysis of costs, cost tracking, etc.
• Communicate with project team, resources, and other internal and external stakeholders on various budgetary items.
• Perform varied assignments demonstrating technical knowledge and analytical techniques to solve problems or analysis.
• Develop and compile KPIs that are measurable outcomes.
• Providing strong teamwork with colleagues, vendors and/or customers and responding to customer/vendor inquiries, resolving work order issues and/or implementing action plans in a fast-paced, results-oriented team.
• Understand the project/work management organizational standards and assist in the management of projects to those standards.
• Provide training and guidance to lower-level employees as appropriate.
• Recommend improvements that enhance the role, project performance, and performance regarding service and product delivery as well as environmental and community stewardship.
• Depending on the assigned business unit, coordinate work activities of others within work group, team or those external to the company including contractors, vendors as required to resolve routine technical tasks and field work activities.

Additional Requirements:

• Demonstrate ability to manage time effectively and efficiently and demonstrate organizational and planning skills, as well an aptitude for accuracy, attention to detail and ability to achieve goals.
• Demonstrates a basic level of technical knowledge related to writing and verbal communication.
• Proficient in use of computer and Microsoft Office products including Word, Excel, Outlook, and PowerPoint.
• Team player with ability to work and collaborate well with others.
• Some travel, including overnight, may be required.
• Safely and effectively perform light physical duties at various work sites including home and locations in varying conditions.
• Understand and support the policies, values, principles, structure, and behavior of the organization.
• Exposure to corporate accounting and project cost management systems, construction environments, earned value management, and scheduling systems is preferred but not required.
• Availability to work overtime, call-out overtime and shift work may be required depending on the business unit.
• Demonstrate an attitude and desire to listen to and satisfy both internal and external customers who use and depend upon our work.

About the company

MWIDM Inc. is a WMBE Certified global staffing firm serving Fortune 2000 clients with customized and scalable workforce solutions. With our account management integrated into our delivery process, we provide you with staffing solutions that are transparent and robust irrespective of the industry you function.