Cost Analyst

Division: Columbus Main Project Location(s): Columbus, OH 43215 USA Minimum Years Experience: Travel Involved: Job Type: Regular Job Classification: Experienced Education: Job Family: Finance Compensation: Salaried Exempt Position Description: Prepare financial analyses, reports, and audit forecasts to confirm costs and effectively validate forecast financial outcome of assigned projects. Reports to:When assigned to and located at a specific project, responsible to the Project Engineer or Project Manager, reports to the Senior Cost Analyst. Essential Duties & Responsibilities: - Assess project financial risks and report project plan to mitigate risks. - Accumulate, audit, and correlate information from all sources to produce required cost reports such as Budget Analysis Reports (BARs), special studies, and Cost-audited BARs (CABs); prepare interpretive analysis as required. - Know project contract with Owner and Turner's contractual rights. - Work with project accounting to ensure costs are posted correctly to ledger. - Audit budget report for accuracy and ensure it reflects all costs posted to ledger. - Provide budget audit findings and ensure project makes all corrections. - Analyze current budget reports, holds, and unboughts. - Audit project forecast of General Conditions, General Requirements, staff and labor projections to accurately forecast costs. - Audit project re-forecasted projections and studies as project conditions change. - Participate in Operations Review Meetings (ORMs) with senior business unit management. - Maintain complete knowledge of all general contract documents and relationship of job estimate to contract documents. - Train and develop new Costs Analysts and project staff. - Visit jobsites, evaluate project progress and conditions, and review findings with project management. - Review current field conditions in trades and evaluate costs, Superintendent's Instruction to Subcontractors (SISs), exposures, claims and recoveries. - Act as bridge between Accounting and field staff. - Monitor and understand project cash position. - Participate in Payment Application creation and understand connection with Budget Report. - Understand and audit SAP forecasting workbenches. - Ensure proper contract review, Contract Authorization (CA), and Peckar & Abramson checklist to understand business deal, assumed contractual risks, and potential earnings impact. - Establish Work Breakdown Structure (WBS) Element for allocation of costs, work with Engineering and Finance. - Prepare final Cost Audited Budget Analysis Report (CAB), reconcile to final contract value and cost. - Validate final revenue before final bill submission. - Other activities, duties, and responsibilities as assigned. #LI-MF1 Qualifications: - Bachelor's Degree in Accounting, Finance, Engineering, Construction Management or related field, and 3 years of related experience, or equivalent combination of education and/or experience - High degree of organizational skills and exceptional attention to detail - Financial system applications proficiency and advanced MS Excel - Self-starter, adaptable, and flexible to operate with minimal direction and/or supervision working in complex and changing environment - Exercise independent judgment and discretion, ability to identify problems and make recommendations for resolution - Demonstrate leadership, strong dedication to teamwork and integrity - Professional written and verbal communication skills #LI-MF1