Cost Analyst

Hybrid

Duration

12 months

Qualifications :

High School diploma and five years of experience working in Microsoft Excel, or equivalent software program, with responsibilities for data manipulation, integration and subsequent report generation. Experience : 4 years

Responsibilities :

• Utilize organized project work elements for enhanced project estimating and budgeting in assigning more accurate planned value.
• Apply WBS attribute proficiency to integrate project baseline elements to provide an optimum, achievable project plan.
• Perform more effective earned value criteria (EV) to enable enhanced parametric forecasting.
• Provide quick turnaround of project work performance data to enable maximum time for implementation of corrective action.
• Ensure estimate and budget quality management in accordance with project management industry standards. Ensure developing cost analysis quality and cost analysis quality.
• Utilize cost quality control metrics and apply cost measurement inspections to drive effective cost control.
• Apply cost risk management to the development of the project cost estimate and integrate estimate uncertainty with project risk.
• Quantify risk response to more effectively forecast cost performance.
• Assists in contract commercial management, facilitates contract payments, conduct contract performance assessment and reporting and initial contract performance analysis and contract commercial forecasting.
• Performs contract reviews relative to payment requirements and supporting documentation.
• Applies core project cost management expertise : Review and coordinate the management and utilization of project initiation, project planning, project controls guideline and project controls related standards, project controls management processes, job aids and tools.
• Integrates cost management with core project controls (schedule management, scope management) to drive core objective performance. Manages cost effort.
• Tailors cost management processes. Tailors / creates cost management tools / techniques to advance cost performance. Utilizes cost estimating to validate contractor initial estimates, forecasts, and estimates at completion.
• Manage the Basis of Estimates. Develop / apply proficiency in project cost budgeting and cost base lining.
• Process labor timesheets, invoices, and other submittals associated with contract labor; code invoice details for Nature of Expenses, Work Breakdown Structure and Cost Budgeting System codes; Assist Project Managers and Cost Budget Analysts in the accrual process.
• Evaluate manpower, labor hours, and labor cost requirements versus budget limitations and perform cost and schedule analysis.
• Maintains / manages project Estimate at Completion. Works to implement cost preventive action.
• Perform standard project and special project cost reporting as required by the project stakeholders; compiles and produces cost reports as required and directed.
• Applies proficiency in schedule management processes and the impact of project planning and scheduling on cost management. Utilizes planning and scheduling proficiency; Analyzes project schedules and the impact of schedule on cost. -Applies critical path methodology and schedule risk management to develop schedule forecasting proficiency and ability to determine estimate completion date (ECD) competence and integrate schedule risk into cost impact.
• Apply proficiency in core integration, scope, cost, and schedule.
• Apply product life cycle costing competence.
• Assist the project management team, Major Project managers, Director, and other relevant stakeholders in retrieving cost management information and reporting.
• Engages project stakeholders to optimize cost planning and cost control.
• Apply proficiency in effective communication and assessing project stakeholders for their core and special cost reporting, cost assessment, and cost analysis needs and provide those stakeholders with optimum communication, information, and reporting.

The Cost Analyst will manage in accordance with Industry standards, the client Project Management Guidelines and Standards, and industry best practice.

MWResource offers medical, dental and vision coverage through Capital Blue Cross, short- and long-term disability coverage, employer paid life insurance, and participation in the MWResource 401K plan for US based consultants.

MWResource does not discriminate based on race, sex, color, religion, national origin, age, disability, veteran status, or anything else that makes you part of any group.

Candidates must be authorized to work in the United States.

Candidates will be required to pass a background check and drug screening.

Please note we are not open to outsourcing our recruitment needs.