Cost Control Analyst

icon building Company : System One
icon briefcase Job Type : Full Time

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Job Description - Cost Control Analyst

*Remote/WFH opportunity Cost Control Analyst
This role ensures accurate tracking, reporting, and forecasting of project costs, contributing to effective financial control and decision-making. Responsibilities:
  • Cost Tracking and Reporting :
    • Monitor and track project costs, ensuring alignment with approved budgets and financial plans.
    • Prepare and distribute regular cost reports, highlighting variances and potential issues.
  • Budget Management :
    • Assist in the development and maintenance of project budgets, including initial estimates and ongoing adjustments.
    • Support project managers in budget reviews and updates, ensuring accurate and timely information.
  • Forecasting and Analysis :
    • Conduct cost forecasting and financial analysis to identify trends and provide insights for project planning.
    • Assist in the preparation of financial models and scenarios to support project decision-making.
  • Compliance and Risk Management :
    • Ensure compliance with company policies, procedures, and financial regulations.
    • Identify and mitigate potential financial risks, recommending corrective actions as needed.
  • Communication and Coordination :
    • Collaborate with project teams, finance, and other stakeholders to ensure accurate cost information and effective communication.
    • Serve as a point of contact for cost-related inquiries and provide support to project managers.
  • Record Keeping and Documentation :
    • Maintain organized and up-to-date records of cost data, ensuring accurate documentation for auditing and reporting purposes.
    • Assist in the preparation of financial reports and documentation for internal and external stakeholders.
  • Support and Training :
    • Provide support to senior cost analysts and project managers as needed.
    • Participate in training sessions to enhance knowledge and skills related to cost control and financial analysis.
Requirements:
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • 5+yrs of experience in Cost Control, Financial Analysis, or similar role.
  • Proficiency in Cost Management Software  and related tools.
  • Strong analytical and problem-solving skills with attention to detail.
  • Excellent communication and interpersonal skills.
Original job Cost Control Analyst posted on GrabJobs ©. To flag any issues with this job please use the Report Job button on GrabJobs.

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