Cost Analyst

Found in: Jooble CA O C2 - 2 weeks ago

Toronto ON, Canada Comtech Group Full time

See the opportunities we have available today in our exciting portfolio of client programs and project

Share this job as a link in your status update to LinkedIn.

Comtech Group Inc. (Comtech) is a multidisciplinary consulting firm providing integrated consulting solutions on complex capital projects, including Program and Project Management, Project Controls, Engineering, Technical Advisory, Construction Management, and Technology Integration Services. Our team thrives on embracing and navigating technical challenges within the Transportation and Infrastructure, Industrial and Manufacturing, Energy and Utilities, and Buildings and Facilities markets. Our core focus is supporting project owners through collaborative and integrated partnerships to deliver projects that improve the world around us.

Job Title

Cost Analyst

Location

Toronto, ON CA (Primary)

Category

Project Management

Job Type

Full-time

Job Responsibilities

(Internal Title: Senior Cost Analyst)

  • Responsible for developing, analyzing, and controlling the time sheet of the assigned projects and communicating cost data to ensure effective cost management across the organization 
  • Collaborate closely with project teams, project managers, and other stakeholders to understand project goals, objectives, and requirements and translate them into detailed cost estimates, budgets, and forecasts 
  • Manage the allocation of project resources, including personnel, materials, and equipment, to ensure that project costs are accurately captured and reported 
  • Prepare and present cost reports and updates to project stakeholders and leadership, providing insight and recommendations for cost optimization and control as needed 
  • Develop cost management processes, methodologies, and best practices to improve cost performance and efficiency across the organization. Monitors and validates subcontractor timesheets and expenses
  • Manage the creation of cashflows and “Estimated Final Costs” for large capital projects 
  • Prepare Reconciliation Assessment and Reconciliation Certificate
  • Finalize and sign off on progress reports and status of contracts 
  • Review the billing schedule according to the workplan and provide recommendation
  • Ensure schedules for acquisition projects are prepared, monitored, and maintained 
  • Review reports and supporting documentation for project approvals and contract awards 
  • Prepare monthly accruals related to project-related contracts 
  • Establish and provide analysis for Earned Value as required 
  • Support in the analysis and the explanation of performance indicators to CA (Earned value, WIP, billing, accruals, ETC, forecast, etc.) 
  • Support in the analysis of progress reports against budgeted expenditures and explanation of variances and recommendations to mitigate project risks
  • Assist in development of process and procedures
  • Monitor change orders and updates forecast budget
  • Assist in the preparation of project accrual reports and participates in Contract Administration department in the procedures related to the monthly closing activities. 
  • Supports the analysis of work in progress (WIP) to ensure that all costs are invoiced in the correct period and that invoices are issued to client in accordance with the terms of the sales contract and the established methods (time and materials or flat rate)
  • Provide guidance and mentorship to junior cost analysts and assist project managers in identifying and tracking project costs, variances, and trends 
  • Ensures compliance with client policies, internal procedures, and accounting standards
  • Performing other duties, as assigned

Working Conditions 

Office-based 

Qualifications Required

Experience: 

Minimum of 8 years of related experience

Education:

  • Diploma or Bachelor’s degree in Business Administration, Accounting, Economics, or a related discipline 

Licenses OR Certifications:

  • Registered for and seeking AACE CCP, CEP, PSP, PRMP, EVP, or PMI equivalent 
  • Has completed equivalent training or successfully passed designated proficiency testing in lieu of the above 

Skills and Competencies: 

  • Thorough knowledge of Contract Administration principles, methods, procedures, and practices, as well as project management methods and practices 
  • In-depth understanding of Business Administration concepts with emphasis on scheduling principles combined with a good knowledge of budget and cost control concepts 
  • Excellent competency in MRP systems including MAXIMO and EcoSys, WorkDay, is considered an asset 
  • Demonstrated experience with systems including extensive relational database design concepts and spreadsheets to correlate operational and financial data (Sr Level) 
  • Tailor technical information for different audiences through presentations, reports, and other means independently 
  • Must foster relationships with various stakeholders 
  • Tact to perceive and ameliorate conflict and tension 
  • Ability to arrange priorities and escalate competing risks to meet deadlines with minimum input from leadership 
  • Keen eye for detail and adept problem-solving abilities 
  • Must have demonstrated experience relaying and receiving information (written and verbal) 
  • Excellent reading and language comprehension 
  • Ability to detect and capitalize on others' strengths 
  • Demonstrated capability to lead Cost Analysts, supervise, delegate, and develop capacity 
  • Expert ability to work collaboratively and independently in a structured, disciplined, technology-driven environment 
Comtech Group Inc. is committed to providing accessible employment practices that comply with local legislative requirements. If you require accommodation during any stage of the recruitment process, please notify the People and Culture Team by emailing – career@teamcomtech.com

Comtech Group offers our employees a competitive compensation package with comprehensive employee benefits, and an inclusive environment that fosters teamwork & entrepreneurial spirit. Comtech Group is an equal opportunity employer. Why choose a career with Comtech?

From working on challenging, world-class projects to professional development support and high-quality standards, there are many reasons to join Team Comtech.

Notice to Third-Party Recruiters, Recruitment Agencies and Staffing Agencies

Notice to Third-Party Recruiters, Recruitment Agencies and Staffing Agencies

Use of Third Parties
We thank you for your interest in supporting our continued growth. Comtech Group works with third-party recruitment agencies from time to time to supplement our in-house talent acquisition efforts. We recognize that our partnership with third-party recruitment agencies is instrumental to our continued success in attracting top-tiered applicants. Due to this, we work with a select list of third-party recruiters who are considered our strategic partners and understand our company culture, core values, and industry.

Becoming a Strategic Partner
If your agency would like to be considered as a recruiting vendor, please contact our Director, Project Resourcing, via email and include information about your firm as well as a primary point of contact.

Unsolicited Resumes
Third-party vendors must have a vendor agreement fully signed and executed by the Director, Project Resourcing in order to submit or receive payment for any resumes, candidate profiles, or placements with Comtech Group. The agreement must be dated no later than one year prior to the date of resume submission. Verbal commitments from any member of the Comtech team are not considered binding. In the event of a third-party recruiter or agency submitting an unsolicited resume or candidate to any member of the Comtech team, without having a signed agreement, Comtech reserves the right to pursue and hire such candidate(s) without any financial obligation to the recruiter or agency. Any unsolicited resumes sent to Comtech will be considered the property of Comtech Group. #J-18808-Ljbffr

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