Demo

Project Cost Analyst

LanceSoft
White Plains, NY Full Time
POSTED ON 1/16/2025
AVAILABLE BEFORE 4/13/2025

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 :

  • Project management experience preferred.
  • Proven experience as a cost analyst, financial analyst, or similar role.
  • Strong knowledge of financial analysis techniques, cost control methodologies, and project management principles.
  • Proficiency in using financial analysis tools and software, such as Excel, SAP, or other ERP systems.
  • Excellent analytical and problem-solving skills, with a keen attention to detail.
  • Ability to interpret and present complex financial data in a clear and concise manner.
  • Strong communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams.
  • Ability to work independently and prioritize tasks in a fast-paced environment.
  • Education and Certifications

  • Bachelor's degree in finance, accounting, business administration, or a related field preferred or equivalent experience.
  • Professional certifications (e.g., Certified Cost Professional, Certified Project Management Professional) are desirable but not required.
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