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Cost Analyst 2 4P/356

4P Consulting Inc

Cost Analyst 2

Location: Birmingham, AL.

Contract- 3 Years

Client- Alabama Power
Position Overview

We are seeking an experienced Cost Analyst (5-10 years) to support complex energy and infrastructure projects. The successful candidate will play a critical role in tracking project costs, analyzing variances, and ensuring compliance with financial standards, regulations, and project requirements.

This role requires a detail-oriented and adaptable professional who can collaborate closely with project managers, engineers, and compliance teams to maintain financial accuracy and drive cost efficiency.
Key Responsibilities
  • Track and analyze project budgets, actual costs, and overall financial performance .
  • Identify and investigate cost variances , providing root cause analysis and corrective recommendations.
  • Lead budget preparation and cost forecasting activities, aligning project costs with organizational goals.
  • Collaborate with project managers and stakeholders to adjust budgets based on scope changes .
  • Prepare financial reports, cost documentation, and variance analyses for leadership review.
  • Work closely with finance, audit, and compliance teams to ensure adherence to internal policies and regulatory standards .
  • Support multiple projects simultaneously in a fast-paced, dynamic environment .
  • Recommend and implement process improvements for enhanced cost control and efficiency.
Qualifications
  • Education: Bachelor's Degree in Accounting, Finance, Business Administration, Economics, or a related field.
  • Experience: 5-10 years of experience in cost analysis, project controls, or financial planning .
  • Technical Proficiency:
    • Advanced knowledge of Microsoft Office (Excel, Access, Word, Power BI) .
    • Experience working with large datasets and cost control systems.
    • Familiarity with utility or energy project environments is highly desirable.
  • Core Competencies:
    • Strong analytical and problem-solving skills.
    • Excellent communication and interpersonal skills for collaborating with internal teams and external vendors .
    • Ability to multitask and manage multiple complex projects .
    • Adaptability in a changing environment with shifting priorities.
Vacancy posted 5 days ago
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