Cost Analyst

Job Description

Cost Technician II / Project Cost Analyst-Valparaiso, IN

We are seeking an experienced Cost Technician II / Project Cost Analyst to support our client’s project controls organization. This position will be responsible for maintaining project cost data, supporting forecasting and budgeting activities, processing and validating project-related invoices and timesheets, and providing accurate cost reporting to project stakeholders.

The ideal candidate will bring strong experience in project cost controls, cost analysis, project accounting, or financial analysis within a project-driven environment.

Work Schedule

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• Hybrid schedule
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• Monday & Friday: Remote
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• Tuesday, Wednesday & Thursday: Onsite
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• Schedule options of 7:30 AM–3:30 PM or 8:00 AM–4:00 PM
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• Additional onsite days may be required around month-end and the beginning of each month
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Key Responsibilities

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• Maintain multiple project cost-control files containing detailed and summary-level information throughout various stages of the project lifecycle.
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• Monitor, analyze, and report project costs to support accurate forecasting and informed project decision-making.
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• Process project timesheets and maintain associated timesheet data.
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• Review invoices for accuracy by comparing them against timesheet information, contracts, and supporting documentation.
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• Coordinate with Project Managers to obtain appropriate invoice approvals.
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• Communicate with suppliers, project teams, and other stakeholders to resolve invoice discrepancies and cost-tracking issues.
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• Partner with multiple departments to gather, monitor, and analyze project financial data.
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• Support project forecasting and identify potential cost discrepancies, trends, and risks.
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• Assist with annual budget development, preparation, and related reporting.
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• Review contracts with project teams to help ensure proper understanding of contract terms, unit codes, and associated project costs.
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• Prepare recurring and ad hoc project cost reports for project stakeholders and leadership.
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• Establish effective communication channels across departments to facilitate timely and accurate project reporting.
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• Develop and/or assist with project controls guidelines, processes, standards, job aids, and tools.
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• Support preventative cost-control measures and identify opportunities to improve project cost management.
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• Provide stakeholders with timely cost analysis, reporting, and information based on their project needs.
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Qualifications

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• Ideally 8+ years of relevant professional experience in project cost controls, cost analysis, project accounting, financial analysis, or a related area.
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• High school diploma required; post-secondary education preferred.
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• Strong experience with project cost tracking, forecasting, budgeting, and reporting .
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• Experience reviewing and reconciling invoices, timesheets, contracts, and project cost data .
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• Strong analytical and problem-solving abilities with excellent attention to detail.
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• Ability to work with multiple projects, departments, and stakeholders simultaneously.
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• Strong written and verbal communication skills.
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• Proficiency with Microsoft Excel and experience working with project cost, financial, ERP, or reporting systems.
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• Ability to identify cost discrepancies and work cross-functionally to resolve issues.
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• Experience supporting capital projects, utilities, energy, construction, engineering, infrastructure, or other project-driven environments is highly desirable.
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Preferred Background

Candidates with experience in any of the following areas are encouraged to apply:

Project Controls | Cost Control | Cost Analysis | Project Accounting | Cost Forecasting | Budgeting | Invoice Reconciliation | Contract Review | Capital Projects | Financial Reporting | Variance Analysis | Project Cost Reporting