Experienced Cost Specialist

3 days ago


Mississauga, Ontario, Canada Bantrel Full time

About the Role

We are seeking a highly skilled Cost Specialist to join our team in Toronto, Mississauga or Calgary offices. The successful candidate will be responsible for ensuring project costs are managed effectively, providing value-added analysis, controls and reporting.

About the Job

  • Assist in conceptual designs, studies, reports and proposals.
  • SUPPORTING ROLE IN DEVELOPING AND IMPLEMENTING REQUIREMENTS FOR COST RECORDING AND REPORTING. Perform performance monitoring and control functions for specific applications per applicable procedures.
  • Maintain cost budgets and accurate cost forecasts, utilizing a change management system and monitoring project status. Performs ongoing cost data and cash flow analysis.
  • SUPPORT SPECIFIC PROJECT CODE OF ACCOUNTS AND RECOMMEND APPROPRIATE MODIFICATIONS AND REVISIONS. Maintain field quantity unit rate reports and monitors performance factors.
  • Monitor progress of field contractors.
  • Assist in preparing cost data for proposals and contract negotiations.
  • SUPPORT EFFORTS TO RE-CAST PROJECT ESTIMATES INTO MANAGEABLE COST CONTROL BUDGETS PER PROJECT REQUIREMENTS.
  • COORDINATE THE PROJECT COST CHANGE MANAGEMENT SYSTEM (TRENDING).
  • Prepare quantity takeoffs for a discipline or specialty using defined documents or undefined scope assumptions.
  • Maintain the project job hour control system.
  • Assist with project financial reporting per Bantrel and/or client requirements.
  • Maintain or coordinate the project cost change management system (trending).
  • Coordinate/prepare information input into specific cost studies. Evaluate study results and recommend conclusions for project team consideration and discussion.
  • Identify or define data sources and techniques for data acquisition and collects required data for a specific discipline or other specialty applications.
  • Coordinate the performance of, pricing structure development and application to takeoffs, derived quantities, quantity assumption, and cost allowances within a discipline or other specialty. Prepare and review distributable and/or contractors indirect cost estimates; developing basis for temporary facilities, miscellaneous construction services, construction tools and equipment, non-manual manpower, start-up services, payroll taxes and insurance, camp facilities and operation, and other field office costs.
  • Assist the estimating team to determine scope definition requirements for a discipline or other specialty, and works with Engineering and other sources to coordinate the production of required data to conform to the overall estimate preparation plan.
  • Prepare cost reconciliations during preparation of estimates and performs data analysis, identifies problems, and makes recommendations.


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