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Cost Analyst

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Cost Analyst monitors and controls project spending, develops forecasts and reports, and ensures compliance with accounting principles and regulatory requirements to support project success. Works closely with project managers and leadership to identify cost variances and recommend mitigation measures. Key Responsibilities: Collaborate with project managers to track and monitor project spending Create and update forecast cost reports, including monthly, current, and future year spend, and update cost reporting tools such as KMBF, QBR, and MPR Identify mitigation measures for supplemental funding requests; review invoices and change orders; communicate with vendors to resolve outstanding issues Identify cost overruns; monitor contingency and project completion dates; submit completion reports Review project costs for compliance with regulatory and company guidelines, ensuring proper GAAP and FERC classification Report and analyze significant cost variances, trends, and irregularities, documenting primary drivers Calculate and research accurate project accruals; maintain documentation Write AFE/PRN and monitor the review and approval process Develop ancillary and ad-hoc reports for OSG KPI and data requests; support cost review meetings Participate in management-led budget and forecast meetings Participate in occasional special projects, including on-site support Qualifications: Bachelor's degree in Accounting, Finance, Business Management, Engineering, or applicable experience Strong aptitude in financial and cost areas related to project cost controls and a solid understanding of generally accepted accounting principles Understanding and ability to ensure compliance with Sarbanes-Oxley internal controls Outstanding analytical skills and strong attention to detail for producing an accurate work product Highly competent with Microsoft Excel Demonstrated ability to anticipate and balance needs of multiple stakeholders while managing multiple projects with competing deadlines Independent worker with good organization skills Exceptional communication skills, including ability to create and maintain productive relationships with teammates and internal customers Experience working with project managers in cost control, forecasting, accruals, and report creation Familiarity with Lawson or other ERP system to assist in data analysis Occasional overtime required to meet critical deadlines and handle special project assignments You have strong Excel expertise and GAAP knowledge. Experienced in project cost forecasting and variance analysis. Comfortable collaborating with managers on budgets and reports #J-18808-Ljbffr

Vacancy posted 4 days ago
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