Construction Cost Analyst
AECOM
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Job Description
AECOM is seeking a Construction Cost Analyst to be based in San Diego, California , supporting Capital Improvement Program (CIP) construction projects within an airport design and construction environment. This position will independently perform detailed cost analysis, contract administration and financial control activities supporting complex construction projects.
The Construction Cost Analyst will work closely with project managers, contractors, consultants, Procurement and Accounting to review progress invoices, manage change order and commitment activity, reconcile project costs and maintain accurate cost reporting. The role will support both Design-Bid-Build (DBB) and Design-Build (DB) contracts and help ensure payments, changes and project financial transactions align with applicable contract requirements and established cost management procedures.
The position requires strong analytical capability, attention to detail and the ability to work independently across multiple concurrent projects while maintaining accurate and timely financial information.
Key responsibilities
- Analyze, review and reconcile contractor and consultant pay applications against contracts, agreements and established policies and procedures.
- Identify invoice discrepancies and cost allocation issues and provide supporting information to project managers to facilitate resolution.
- Review, update and distribute project cost reports, records and specialized spreadsheets and verify the accuracy of reported costs.
- Manage and validate contractor and consultant progress invoices, including schedules of value, base contract amounts, change orders, allowances, contingencies and retainage.
- Verify that invoice validation and payment processes comply with applicable DBB and DB contract requirements.
- Process contractor change order requests and coordinate with project managers regarding documentation, bundling requirements and applicable approval thresholds.
- Monitor authorized change order percentages and amounts to help ensure changes remain within approved limits and timelines.
- Coordinate with Procurement to align change order approvals with monthly progress invoices and applicable payment deadlines.
- Support contractor onboarding for CIP projects and help ensure cost management procedures align with applicable contract terms and conditions.
- Develop cost management procedures and presentation materials explaining construction contract cost processes.
- Serve as a liaison between project teams and general contractors to support timely processing of progress invoices, retainage releases and change orders.
- Manage contract requisitions, task authorizations, commitments, amendments and related financial transactions.
- Prepare monthly project accruals, journal entries, cost reconciliations and cost reclassifications.
- Coordinate with Accounting on year-end closing requirements, project financial information and audit support.
- Provide financial control for on-call consultant agreements, including task-level notices to proceed, commitments and transfers to project-specific cost groups.
- Support project closeout reconciliations, cost variance analysis and resolution of system or cost discrepancies in coordination with senior cost analysts and project management teams.
Qualifications
Minimum requirements
- BA/BS + 2 years of relevant experience or demonstrated equivalency of experience and/or education
- Valid California Class C driver’s license and ability to meet applicable driver qualification requirements.
- As a condition of employment, the selected candidate must successfully complete a Motor Vehicle Records review.
- As a condition of employment, the selected candidate must successfully complete required substance abuse screening.
- Ability to satisfy applicable airport security and access requirements.
- US Citizenship is Required.
Preferred
qualifications
- Experience with accounts payable, construction cost control, project accounting and financial reporting.
- Experience reviewing contractor and consultant invoices for proper coding, supporting documentation and contractual compliance.
- Knowledge of Design-Bid-Build and Design-Build construction contracts, including payment terms, schedules of value, change orders, allowances, contingencies and retainage.
- Experience processing construction progress invoices, change orders, contract commitments, task authorizations, amendments and encumbrance releases.
- Proficiency with Microsoft Excel and other Microsoft Office applications.
- Experience with PMWeb or a comparable project management information system.
- Experience using Bluebeam Revu to review construction progress invoices and supporting documentation.
- Familiarity with Adobe Acrobat Sign or comparable electronic signature platforms.
- Experience identifying and resolving project cost, accounting or systems-integration discrepancies.
- Knowledge of project accruals, journal entries, reconciliations, cost reclassifications and project closeout processes.
- Strong analytical and organizational skills with demonstrated attention to detail and the ability to manage multiple cost-related activities with limited daily supervision.
- Effective communication and collaboration skills when working with project managers, contractors, consultants, Procurement and Accounting teams.
Additional Information
- The position may require access to secure airport areas and compliance with applicable airport safety, security and badging requirements.
- This position is expected to be office- and project-site-based in San Diego, California , with regular coordination in an active airport environment.
At AECOM, we are committed to maintaining a secure and trustworthy recruitment process and take any fraudulent hiring activity seriously. To support this commitment, all newly hired employees are required to attend an in-person Day 1 onboarding at an AECOM office location as a condition of employment.
About AECOM
AECOM is proud to offer comprehensive benefits to meet the diverse needs of our employees. Depending on your employment status, AECOM benefits may include medical, dental, vision, life, AD&D, disability benefits, paid time off, leaves of absences, voluntary benefits, perks, flexible work options , well-being resources, employee assistance program, business travel insurance, service recognition awards, retirement savings plan, and employee stock purchase plan.
AECOM is the global infrastructure leader, committed to delivering a better world. As a trusted professional services firm powered by deep technical abilities, we solve our clients’ complex challenges in water, environment, energy, transportation and buildings. Our teams partner with public- and private-sector clients to create innovative, sustainable and resilient solutions throughout the project lifecycle – from advisory, planning, design and engineering to program and construction management. AECOM is a Fortune 500 firm that had revenue of $16.1 billion in fiscal year 2025. Learn more at aecom.com.
What makes AECOM a great place to work
You will be part of a global team that champions your growth and career ambitions. Work on groundbreaking projects - both in your local community and on a global scale - that are transforming our industry and shaping the future. With cutting-edge technology and a network of experts, you’ll have the resources to make a real impact. Our award-winning training and development programs are designed to expand your technical expertise and leadership skills, helping you build the career you’ve always envisioned. Here, you’ll find a welcoming workplace built on respect, collaboration and community—where you have the freedom to grow in a world of opportunity.
As an Equal Opportunity Employer, we believe in your potential and are here to help you achieve it. All your information will be kept confidential according to EEO guidelines.
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