Metra

Senior Cost Analyst

Metra$75K — $95K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business, Finance, Accounting or equivalent experience in Finance or accounting totaling four years.
  • Minimum of five years' experience in Financial Controls, Finance, or Accounting.
  • Knowledge of cost management best practices and procedures.
  • Experience with cost baseline development and management.
  • Familiarity with Project Management Information Systems (PMIS).
  • Understanding of the Construction or Engineering industry.
  • Proficient in Microsoft 365 applications and data management systems.
  • Experience with cost applications and earned value management systems (EVMS).
  • Strong organizational and analytical skills.

Responsibilities

  • Support administration and updates of the cost management system within PMIS through data entry.
  • Assist in mapping costs by project phase for funding sources.
  • Develop and maintain project budget forecasts and cost estimates.
  • Keep financial models accurate and up to date by coordinating with project directors.
  • Lead monthly cost meetings with internal teams and Grants Department.
  • Promote safe work practices and maintain a safe work environment.
  • Perform related duties to address ongoing organizational needs.

Benefits

  • Supportive work environment focused on safety and community impact.
  • Opportunity to work with one of the largest commuter rail systems in North America.
  • Potential for career growth with clear pay range access.
  • Engagement with varied departments across capital delivery.
  • Veterans outreach during recruitment process in accordance with laws.
Full Job Description
Description

The final salary will depend on the candidate's qualifications. Those with 8 years or more of required experience can expect offers up to the midpoint of the salary range. Metra provides full pay ranges so candidates can consider their growth potential.

Click here to learn more about our benefits!

Reporting to the Director of Project Controls, the Senior Cost Analyst develops, monitors, and analyzes cost management processes within the project management information system (PMIS); responsible for administering cost control, budgeting, and change management; mapping costs to specific funding sources; and entering budgets, estimates, and related adjustments to ensure accurate financial tracking and compliance.

The primary duties include: Support the administration and use of the cost management system within PMIS by performing data entry and system updates. Assist in mapping costs by project phase for specific funding sources, including grants, purchase orders, and purchase agreements. Assist in developing and maintaining project budget forecasts, cost estimates, cash flows, spend curves, funding requests, and expenditure tracking. Maintain financial models and tracking tools, including the master project package number (PPN) list, by requesting monthly updates from directors and ensuring accuracy; and monitor cost allocations across project elements throughout all phases of the project lifecycle. Coordinate and lead monthly cost meetings with internal Capital Delivery disciplines and the Grants Department. Promote safe work practices and maintain and foster a safe work environment. Perform other related duties as assigned to meet the ongoing needs of the organization.

Metra is a railroad employer subject to the provisions of the Railroad Retirement Tax Act, not the Social Security Administration.

Requirements

  1. Bachelor's degree in Business, Finance, Accounting or a related field OR in lieu of specified degree, any combination of education and experience may be substituted for the specified degree that equals four (4) years in Finance or accounting.
  2. In addition to #1 must have a minimum of five (5) years of experience in Financial Controls, Finance, or Accounting.
  3. Considerable knowledge of cost management best practices and procedures.
  4. Considerable knowledge of cost baseline development and management.
  5. Working knowledge in Project Management Information Systems (PMIS).
  6. Good knowledge of the Construction or Engineering industry.
  7. Proficient in use of Microsoft 365 (Excel, Word, PowerPoint, Access, SharePoint), and data management systems.
  8. Proficient in use of cost applications (InEight, eBuilder, PMWeb, Oracle, PRISM, COBRA) and earned value management system (EVMS).
  9. Strong organizational, planning, analytical, and critical thinking skills.
  10. Excellent interpersonal skills necessary to interact with all levels of management, employees, external consultants, and organizations.
  11. Ability to take initiative, successfully handle and prioritize multiple competing assignments and effectively manage deadlines.
  12. Ability to complete assignments accurately and with attention to detail.
  13. Ability to be Proactive and confident self-starter and thrive in a fast-paced, dynamic environment.
  14. Ability to conduct clear, hands-on training sessions to help employees understand and use the systems effectively.
  15. Must be available to work flexible hours in the early morning, late afternoon, evenings, or weekends.

Preferred:
  1. Certified in Association for the Advancement of Cost Engineering (AACE) or Certified Cost Technician (CCT).


Metra employees in an active review period under the current discipline policy or who have documented attendance or performance issues will not be considered and/or selected for this position.

Please note: Regardless of any state laws that legalize marijuana, Metra prohibits applicants and employees' use or possession of marijuana (or marijuana paraphernalia), or having detectable amounts of marijuana in their bodies, including synthetic and/or non-synthetic substances such as THC for any reason for preemployment screening purposes, while on duty, subject to duty, on Metra property, or in Metra work equipment and vehicles.

Metra is committed to ensuring that our career website and recruiting process are accessible to all individuals. For general assistance, please contact [email protected]. If you require reasonable accommodations to complete this application, participate in interviews, complete any pre-employment testing, or engage in any other aspect of the employee selection process, please direct your inquiries to the Reasonable Accommodations Committee at [email protected].

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