Cost Analyst
KBTS Technologies, Inc.
Detroit, MI
JOB DETAILS
JOB TYPE
Full-time, Employee
SKILLS
Accounting, Analysis Skills, Business Administration, Capital Project, Certified Public Accountant (CPA), Change Control, Communication Skills, Construction, Continuous Improvement, Contract Management, Cost Analysis, Cost Control, Cost Engineering, Cost Estimates, Customer Support/Service, Economic Analysis, Finance, Financial Analysis, Forecasting, IBM Maximo Asset Management, Microsoft Excel, Microsoft Word, Multitasking, Operating Systems, Organizational Development/Management, Organizational Skills, Performance Analysis, Performance Metrics, Persuasion Skills, Power BI, Presentation/Verbal Skills, Primavera, Problem Solving Skills, Project Estimates, Project Evaluation, Project Planning, Project Tracking, Project/Program Management, Purchase Orders, Reporting Skills, Risk Management, SAP, SAP Administration, SAP ECC (fka SAP R/3 and SAP ERP), Supplier Relationship Management (SRM), Team Player, Value Analysis
LOCATION
Detroit, MI
POSTED
4 days ago
Cost Analyst
Detroit, MI
Duration: 2 Yrs Contract
W2 Role
Monitors and analyzes project cost estimates, expenditures, and forecasts. Identifies areas of cost savings opportunities and alerts management of any cost variances.
Key Accountabilities
- Collects, maintains, and analyzes planned vs. actual cost for assigned capital projects.
- Reports variances to project management team with detailed commentary to support process outputs.
- Assist the project management team as needed in the overall financial processes.
- Supports contract administration in the change control process by performing cost reviews.
- Reports & analyzes key performance metrics; prepare ad hoc analyses as requested by project management.
- Alert Project Managers and management of potential project overruns and provide recommendations on forecast placeholders.
- Review project charges for inaccuracies or mischarges.
- Review progress payments to ensure there is a clear understanding of when the milestone will be met, and expenses should be accounted for.
Minimum Education & Experience Requirements
Bachelor's degree in Business, Accounting or Finance with 5 years of job-relevant experience
Other Qualifications
Preferred
- 5 years of Financial experience
- MBA and/or CPA
- Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent);
- Experience in operating system software utilized by the Corporation (e.g Maximo, SAP R/3, SRM, BW)
- Association for the Advancement of Cost Engineering (AACE) certification
- Proficient in Earned Value Analysis
- Provides weekly reporting Purchase Order analysis
- Attend construction field updates and apply progress towards data
- Proficient in Excel - Power Query
- Expertise with utilizing Databases
- SAP Work Mgt system
- Exposure to Primavera P6
- Analysis of Unbilled Liabilities, Timing
- Experience with PowerBI
Other Requirements
- Written and verbal communication & advocacy skills consistent with the ability to present results of projects & research to all levels of the business unit, and engage in persuasive written & verbal interaction.
- Intermediate-to-advanced analytical and project management skills.
- Working knowledge of financial & economic analysis, project & risk management.
- Ability to analyze complex financial data & develop optimal recommendations & solutions.
- Ability to work in a 'team' and/or 'matrixed' structure, supporting multiple clients, procedures & policy.
- Copes with multiple demands from superiors, and/or subordinates & peers in a positive and evenhanded fashion; displays a calm demeanor under pressure.
- Well-developed organization and planning skills (typically acquired through at least 5 years of experience).
- Ability to apply project planning & implementation and/or continuous improvement principles (typically acquired through several years of experience in these areas) to affect tangible, positive outcomes.
- Proficiency in Excel, Word, and SAP sufficient to apply/support them with minimal instruction or guidance; this level of proficiency is typically attainable through 3+ year(s) of substantive experience with the applications
Required Skills
- Bachelor's degree in Business, Accounting or Finance with 5 years of job-relevant experience
- Proficient in Excel - Power Query
- Proficient in Earned Value Analysis
- Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent)
- Exposure to Primavera P6
- Association for the Advancement of Cost Engineering (AACE) certification
About the Company
K