Cost Analyst

Job Description

Job Description

Job Overview:

Pay Range: $40.00hr - $42.00hr

Requirement/Must Have:

• Associate's Degree.

Responsibilities:

• Prepare conceptual, schematic, and detailed design-phase cost estimates, establishing accurate baseline budgets and cost breakdown structures (CBS).
• Perform comprehensive material takeoffs (QTO) using architectural and engineering drawings, technical specifications, and BIM models.
• Lead Value Engineering (VE) analyses during design phases to identify cost-saving alternatives without compromising structural integrity or design intent.
• Monitor ongoing expenditures, committed costs, and work-in-place using Earned Value Management (EVM) to calculate Variance at Completion (VAC) and Estimate at Completion (EAC).
• Develop and update monthly cash flow projections and draw schedules to manage project liquidity and owner billing cycles.
• Audit, negotiate, and validate subcontractor change order requests, evaluating pricing against market rates and contract allowances.
• Assist procurement teams in drafting scope packages, evaluating trade contractor bids, and performing financial risk assessments on major vendors.
• Review monthly payment applications (G702/G703) and lien waivers against verified field progress before authorizing disbursements.
• Perform final financial reconciliations, settle contingency funds, and audit final subcontractor accounts.

Skills:

• Cost Planning.
• Estimating.
• Budget Development.
• Quantity Takeoffs.
• Value Engineering.
• Financial Management.
• Cost Control.
• Earned Value Management.
• Cash Flow Forecasting.
• Change Order Management.
• Procurement.
• Vendor Auditing.

Qualification And Education:

• Associate's Degree.

Benefits:

Our Benefits Include:

• Medical, Dental, and Vision Insurance
• 401(k) Retirement Plan
• Health Savings Account (HSA)
• Disability Insurance (Short-Term and Long-Term)
• Life and AD&D Insurance
• Paid Sick Leave (where required by applicable state or local law)
• Supplemental Insurance Plans
• Identity Theft Protection
• Pet Insurance
• Employee Wellness Programs
• Employee Assistance Program (EAP)
• Career Growth and Professional Development Opportunities

Disclaimer : Benefits eligibility, accrual rates, and usage limits may vary based on employment status, length of service, and work location. Paid Sick Leave is provided in strict accordance with applicable state and municipal mandates. Cynet Systems Inc. reserves the right to modify, amend, or terminate any benefit plans at any time in accordance with applicable laws.

About Cynet Systems

Founded in 2010 and headquartered in the Washington, DC metro area, Cynet Systems Inc. is a leading technology staffing and workforce solutions company serving Fortune 500 companies, government agencies, and enterprise organizations across the United States and Canada. We deliver agile, scalable talent solutions across IT, engineering, life sciences, clinical, and professional staffing, powered by a high-performing recruitment engine operating across North America and Asia.

As a nationally and locally certified Minority Business Enterprise (MBE), Cynet Systems is committed to helping organizations build high-performing teams while empowering professionals to grow rewarding careers. Our organization is certified to ISO 9001, ISO 14001, ISO 27001, and SOC 2 Type II standards, reflecting our commitment to quality, security, operational excellence, and customer success.