The Senior Cost Analyst supports cross-functional teams including operations, engineering, accounting, and finance by monitoring actual expenditures against project and operational budgets. The role also provides actionable insights to ensure financial accuracy and informed decision-making.
Duties and Responsibilities:- Coordinates and reports on the annual operating budget, ensuring alignment with strategic goals and operational plans.
- Leads monthly budget review meetings with operations to analyze variances, identify cost drivers, and guide corrective actions.
- Prepares and analyzes monthly operating expense variances for executive reporting.
- Manages monthly and quarterly accrual processes to ensure accurate financial representation of operational activities.
- Provides cost tracking and reporting support to field operations.
- Forecasts monthly project and operational expenditures, identifying trends and variances for proactive budget management.
- Develops and presents financial reports and performance insights for quarterly Joint Venture (JV) Board Meetings.
- Delivers ad hoc financial analysis and supports special projects as needed.
- Performs other duties as assigned.
Required Skills and Abilities: - Strong financial modeling and forecasting capabilities to support cost control initiatives.
- Proficient in cost management systems and financial analysis tools.
- Skilled in interpreting financial data to identify trends and deliver actionable insights.
- Excellent problem-solving skills to address cost-related issues.
- Effective collaborator with cross-functional teams to ensure accurate financial reporting.
- Solid understanding of accounting principles, internal controls, and compliance standards.
- Familiarity with ERP systems for accounting transactions.
- Advanced proficiency in Microsoft Excel and other Microsoft Office applications.
- Adept with financial software.
Education and Experience: - Bachelor's degree in finance, accounting, or business
- 3 to 5 years of experience in finance, accounting, or a budgeting/forecasting role
- Experience with EPM software is a plus (e.g., OneStream, BPC, TM1, Hyperion, Vena, SAP Analytics)
Certifications: Physical Demands and Hazards for Office Employees: This position requires prolonged periods of sitting, frequent computer use, occasional lifting of office supplies, and may involve travel.
