What are the responsibilities and job description for the COST ANALYST position at BOLLINGER MISSISSIPPI SHIPBUILDING LLC?
Title: Cost Analyst
Location: Pascagoula, MS
Position Overview:
The Cost Analyst is responsible for all cost analysis and financial reporting within the organization. This role operates under the direction of the Division Controller and plays a critical part in maintaining accurate financial oversight of programs and projects.
Key Responsibilities:
The following duties outline the core functions of the role but are not an exhaustive list of all responsibilities:
• Prepare and maintain all program financial reports, including:
o Estimate at Completion (EAC) material variance reports
o Change order log
o Financial sections of monthly reports
• Manage and track customer invoicing and ensure timely processing.
• Prepare and monitor the cash flow report to optimize financial planning.
• Identify and investigate discrepancies related to material, labor, purchase orders, invoices, and other job cost elements.
• Report financial discrepancies to management and implement corrective actions as necessary.
• Ensure accuracy and proper structure of the general ledger accounts.
• Validate accounts payable (AP) invoice coding for accuracy and compliance.
• Analyze cost components, including overhead and direct contract costs.
• Identify anomalies in financial data and conduct root-cause analysis to ensure accuracy.
• Communicate findings and corrective measures to management.
• Collect, analyze, and validate payroll data to ensure accuracy, completeness, and compliance.
• Participate in the preparation, maintenance, processing, analysis and auditing of manual and automated payroll data, information, records and reports; ensure accuracy and completeness of payroll transactions.
• Responsible for verifying and reconciling the financial data related to external labor costs, ensuring accuracy by comparing invoices, timecards, and other relevant documents from third-party vendors against internal records, identifying discrepancies, and resolving issues with outside labor providers to maintain accurate financial reporting.
Knowledge, Skills & Abilities:
• Strong expertise in cost collection and reporting methodologies.
• Proficiency in Microsoft Office, particularly Excel for financial modeling and reporting.
• Excellent analytical skills and the ability to detect and resolve financial discrepancies.
• Strong communication skills with the ability to work both independently and collaboratively in a team environment.
• Ability to conduct forensic investigations across multiple departments to track financial inconsistencies.
• Skilled in compiling reports, analyzing financial trends, and providing strategic insights to management.
Education & Experience:
• Bachelor’s degree in Accounting or Finance is required.
• Prior experience in cost analysis, financial reporting, or a related field is highly preferred.
Bollinger is an equal opportunity employer and is committed to providing employment opportunities to minorities, females, veterans and disabled individuals, and without regard to sexual orientation and gender identity.
