What are the responsibilities and job description for the Project Cost Analyst position at LanceSoft?
Hybrid : Min 3 days / week in office
Work Schedule : Monday through Friday 7.5-hour workday with 0.5-hour unpaid lunch, Paid for time worked only.
Project Overview
This role will support companies ERP transformation program. Client is embarking on a multi-year effort to replace Enterprise Resource Planning applications and optimize the related processes.
Job Functions and Responsibilities
- Analyze project budgets, expenditures, and variances to identify anomalies and ensure adherence to financial objectives.
- Collaborate with project managers and finance teams to develop accurate project cost estimates and forecasts.
- Monitor project spending patterns and provide regular reports on cost performance to stakeholders.
- Review and validate project invoices, ensuring accuracy and compliance with contractual agreements. Prepare accruals as necessary.
- Assist in the preparation of financial reports, including project budget reports, cost variance reports, and financial forecasts.
- Develop and maintain project cost control tools and templates to streamline processes and improve efficiency.
- Collaborate with cross-functional teams to identify and implement process improvements related to project cost management.
- Track and document change orders and update financials if necessary
- Prepares award memos and change orders memos to authorize additional contract funding when required.
- Other project responsibilities as necessary including assisting in project management activities
Skills :
Education and Certifications