Senior Cost Analyst

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Accenture

Toronto

CAD 80,000 - 120,000

Be among the first applicants.

2 days ago

Job description

Internal Title: Senior Cost Analyst
- Responsible for developing, analyzing, and communicating expenses and cost transactions, data to ensure that transactions are recorded accurately and assigned to the appropriate control account and contracts.
- Provides detailed financial analysis and reports of expenses, including breakdowns of project costs, forecasts of remaining cost, and opportunities to increase efficiency.
- Support the development of Integrated Cost Reporting across the Project.
- Work across the functions to align the cost breakdown structure to the work and risk breakdown structures.
- Support the preparation for, and execution of QCRA across multiple contracts and the integrated Project position.
- Using the cost data and intelligence to engage across the Contracting Authority to underpin Project decision-making.
- Support the Contract Administration Team in the cost/invoice reconciliation process.
- Manage the creation of cashflows and Project Estimate at Completion determinations to support capital spend forecasts.
- Provide cost intelligence, including knowledge and data from the industry, to support the development of scenarios that can drive down the Indirect Costs that the Project is subject to.
- Provide cost impact analysis for all impacting proposed changes and presenting scenarios and options that best protect the Contracting Authority’s position.
- Establish and provide analysis for Earned Value as required.
- Conduct market research as needed to recommend changes to pricing or business models.
- Prepares periodic cost reconciliation reports tracking data such as changing labor and supply costs.
- Capture lessons learnt from the Project and make these available across the Program.
- Oversee cost analysis, controls, and reconciliation for the assigned projects.
- Monitor contractual reliabilities and be responsible for the design and maintenance of project control databases, spreadsheets, and other control systems to support these functions.
- Review reports and supporting documentation for project approvals and contract awards.
- Prepare monthly accruals related to project-related contracts.
- Guide, train, and mentor junior staff in their cost analysis and monitoring tasks.
- Lead and implement procedural updates and corporate initiatives related to costing.
Working Conditions:
- Office-based
Experience:
- Minimum of 8 years of related experience.
- Significant experience in the delivery of construction projects.
Education:
- Diploma or Bachelor’s degree in Business Administration, Accounting, Economics, or a related discipline.
Licenses OR Certifications:
- Registered for and seeking AACE CCP, CEP, PSP, PRMP, EVP, or PMI equivalent.
- Has completed equivalent training or successfully passed designated proficiency testing in lieu of the above.
Skills and Competencies:
- Thorough understanding of cost accounting principles and procedures.
- Thorough knowledge of Contract Administration principles, methods, procedures, and practices, as well as project management methods and practices.
- In-depth understanding of Business Administration concepts with emphasis on scheduling principles combined with a good knowledge of budget and cost control concepts.
- Excellent competency in MRP systems including MAXIMO and EcoSys; WorkDay is considered an asset.
- Demonstrated experience with systems including extensive relational database design concepts and spreadsheets to correlate operational and financial data (Sr Level).
- Tailor technical information for different audiences through presentations, reports, and other means independently.
- Must foster relationships with various stakeholders.
- Tact to perceive and ameliorate conflict and tension.
- Ability to arrange priorities and escalate competing risks to meet deadlines with minimum input from leadership.
- Keen eye for detail and adept problem-solving abilities.
- Must have demonstrated experience relaying and receiving information (written and verbal).
- Excellent reading and language comprehension.
- Excellent organization skills and attention to details.
- Ability to detect and capitalize on others' strengths.
- Demonstrated capability to lead Cost Analysts, supervise, delegate, and develop capacity.
- Expert ability to work collaboratively and independently in a structured, disciplined, technology-driven environment.