Project Cost Analyst

Location: Toronto, ON - Training for the first 2 months on-site and then hybrid model with minimum 2 days per week in the office

Contract Duration: 1 year with an option to extend the contract by 2 years in 1 year increments

Working Hours: 35 hours per week

Potential Start Date: Feb 23, 2024 (negotiable)

Job Title: Cost Analyst

Responsibilities:

• Collaborate with the Project Controls Manager to ensure precise, consistent, and punctual baselining, forecasting, and reporting.
• Compute Estimate at Completion (EAC) and Forecast at Completion (FAC) accurately.
• Execute effective change management processes for Project Cost and schedule alterations.
• Monitor, analyze, and report on assigned projects and portfolios.
• Assist in developing Project Estimates for various Stage Gates within project life cycles.
• Ensure rigorous examination of cost data inputs by project teams.

Qualifications and Experience:

• Minimum seven (7) years' experience as a Cost Analyst in Major Projects within a relevant industry, including at least three years in projects with a value of $1 billion or more. (Note: $1 billion project value refers to the owner's overall capital value, not just contract value of the entity.)
• Coordinate with department managers to compile monthly accruals for Contracts and Purchase Orders (POs).
• Track monthly project transactions using SAP, IFS, and ECE Database Systems with inputs from other teams.
• Generate Monthly Master Cost File (MCF), Project Status Report (PSR), and Project Status Overview Reports (PSO).
• Update project cash flow and track material delivery and payments.
• Manage ATC credit card payments and track costs, including job number creation, expenditure discussions, transfers between accounts, and limit adjustments.
• Track e-Time costs, create task codes, prepare monthly internal hour comparison reports, and ensure proper allocation of account numbers.
• Review and approve Certificate of Payments for Contracts in CMS and update Active/Expiring Contracts reports.
• Provide support for ECRC, PRP Report, and CCO meeting Workplan preparation.
• Aid in monthly cash flow projection reports and periodic cost updates in Prism.
• Support Manager Project Controls in preparing Estimates at various Stage Gates and update EAC/FAC costs.

Education and Skills:

• A post-secondary college diploma or university degree in a related technical or business discipline (e.g., engineering, construction management, project management).
• Progressive experience in Cost Control or project management or equivalent education, training, and experience.
• Proficiency in Problem Solving and Analysis to manage and interpret scheduling and cost information effectively.

Assets:

• Strong problem-solving and analytical abilities.
• Familiarity with construction/project management, estimation, cost controls, planning, scheduling, project risk, and quality.

Job Type: Fixed term contract

Schedule:

• Monday to Friday

Application question(s):

• What is your hourly rate expectation?

Education:

• Bachelor's Degree (preferred)

Experience:

• Project Cost Analysis: 7 years (preferred)
• Construction Industry: 3 years (preferred)
• SAP or IFS: 3 years (preferred)

Ability to Commute:

• Toronto, ON (preferred)

Work Location: In person