Cost Analyst 2 4P/356

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.