What are the responsibilities and job description for the Cost Specialist position at Insight Global?
Job Title: Cost Specialist
Length: 6-month contract to hire
Pay Rate: $50-55/hour
Location: Austin, TX - GIGATX
Key Responsibilities:
- Cost Management: Develop and implement cost management programs for mechanical, electrical and process construction projects, including approved budget, total commitments, cost incurred, and invoiced costs. Work closely with project teams to forecast project costs during project execution
- Change Management/Cost Forecasting: Implement change management and capture associated costs to provide an accurate cost forecast
- Process Development: Assist in developing project controls processes for current and future Gigafactory projects, including change management, cost forecasting, risk management and earned value. Collaborate with cross-functional teams to implement
- Cost Communication: Develop reports/dashboards to communicate cost performance to various teams and different levels of management
- Cost Analysis & Tracking: Perform trend analysis and actively evaluate project cost performance to identify potential risk areas, validate forecast and communicate those quickly to key stakeholders
- Reporting: Develop cost tools and reports to communicate project cost metrics and performance with the project team and senior managers so they can make data based decisions
- Funding: Assist team in preparing project funding requests and risk assessment for work with key stakeholders to identify project risks, and lead the contingency management process
- Performance Tracking: Track and summarize project performance with other project controls functions and the finance teams and lead ad-hoc cost studies that enable rapid decision - making based payback, rate of return
- Quantity Surveying: Coordinate a team of quantity surveyors, verify monthly progress protocols, preparing quantity reconciliations and estimating and accounting knowledge
- Contract Management: able to read and understand contracts, identify requirements to be enforced and applicable for project-close out
Must Haves:
- 5 years in cost management, budgeting, and forecast analysis, ideally in the complex industrial process industry
- Strong knowledge cost management processes and cost structures on a large-scale EPC project.
- Data analytical background
- Industry background: oil and gas, mining, energy, manufacturing, heavy industrial
- Proficiency in financial modeling and cost analysis tools.
- Software proficiency in excel
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across departments, in ambiguous environments
- Analytical mindset with attention to detail. Agile in learning and utilizing new software
Salary : $50 - $55
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