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Cost Analyst

Construction | Terre Haute, IN | Full Time

Job Description

Position Overview

Cost Analyst collaborates with project management in preparing daily and monthly progress invoices for work performed during the process. They research and interpret expenses for their projects to seek better knowledge of their job costs. They will integrate finalized budgets into the ERP software and compile owner billings. They process and audit subcontractor and vendor invoices. Cost Analyst is referred to as an internal auditor of the company and will analyze a projects finances to help the executive staff in strategic decision making. They maintain accurate and timely cash expenditure data, prepare payment requests for all contractors and suppliers, and make sure all paperwork is submitted in a timely, accurate manner. Cost Analyst compare budgets to track monthly costs and activity to provide insight into areas that might need cost reduction or process improvement. They possess strong analytical skills and provide suggestions to improve processes. They communicate directly with owners, third parties, contractors, subcontractors, financial departments and project teams. They perform under minimal supervision and will handle complex issues and problems, with only referring to higher-level staff of the more complex issues. Cost Analyst provides leadership, coaching and/or mentoring and may act a team lead. A bachelor's degree in Business or Accounting is preferred with at least 4-6 years of experience. They have excellent problem-solving, mathematical, analytical, oral and written skills, display curiosity and have a self-driven work ethic.


Responsibilities 

  • Prepares daily and monthly progress invoices for work performed each month.
  • Researches and interprets expenses for their projects to seek better understanding of their job costs.
  • Integrates finalized budgets into the ERP software and compiles Owner Billings.
  • Process and audit subcontractor and vendor invoices.
  • Analyzes a projects finances to help in strategic decision making.
  • Maintain accurate and timely cash expenditure date, prepare payment requests for subcontractors and vendors, and make sure all paperwork is submitted in a timely, accurate manner.
  • Compares budgets to track monthly costs and activities to provide insight into areas that might need cost reduction or process improvement.