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Cost Analyst

PMCS Group

Cost Analyst

Los Angeles, CA
Full Time
Paid
  • Responsibilities

    Job Description

    MINIMUM REQUIRED QUALIFICATIONS:

    • 1 - 3 years of experience as a cost analyst
    • BS/BA Degree in Project Management, Construction Management, Business or related degree. Additional qualifying experience in excess to the minimum stated above may be substituted for the required education on a year for year basis.
    • Knowledge of theories, principles and practices of cost management
    • Ability to present data to management in an organized manner
    • Exceptional communication skills required
    • Ability to adapt to changing requirements and situations
    • Ability to work in a fast-paced environment
    • Ability to work as part of a team
    • Ability to perform in a business environment, maintaining professionalism in all communications and demeanor

     PREFERRED QUALIFICATIONS:

    • Experience utilizing Microsoft Office, Advanced and Excel Skills
    • Any educational facility experience.

     TASKS AND RESPONSIBILITIES:

    • Monitor the overall integrity of the project budget and forecast in accordance with approved standard operating procedures
    • Participate in monthly EAC meetings to validate and review current EAC’s, including providing justification of variances
    • Participate in change management meetings to identify trends and risk exposure
    • Develop and maintain change management logs per standardized processes and procedures
    • Participate in Risk Assessment workshops, providing input as needed to potential impacts
    • Conduct cost variance analysis of reported data to identify trends and mitigate potential budget impacts
    • Review and analysis of budget and expenditures against projects based upon various funding sources
    • Collaborate with schedulers to review cost and schedule performance to determine cost overruns/underruns, cash-flow, issues with project durations, or variances in spend analyzing plan versus expenditures over period of time
    • Review and analysis of monthly cost reports and monthly progress reports
    • Review staffing plans, identify any excessive peaks or potential cost impacts and make recommendations for peak leveling
    • Provide cost coding and budget verification for contract change orders and amendments for impact on budget/timetable
    • Review task order requests, change orders and amendments to ensure budget availability, accurate cost coding and reporting
    • Allocate, monitor and manage ETCs for each project.
    • Create budget transfers, produces financial closeouts.
    • Work with the Project Managers on project budget issues (verifying budgets for additional Task Orders needed for IOR, LOR, additional services, etc.)
    • Coordinate with Project Managers to establish and maintain data coding structures, project controls tools, and quality data for budgets, contracts, change orders, trends and actual costs
    • Verification of charge codes for purchase requisitions and change orders to ensure proper cost accounting
    • Perform necessary data entry for budget and forecast impacts
    • Other job-related duties or projects as assigned

     

     

    Company Description

    PMCS Group is a full service project and construction management, engineering and inspection firm currently serving clients such as the City of Los Angeles Bureau of Engineering and Bureau of Sanitation, Los Angeles Community College District (LACCD), City of Long Beach Airport, Los Angeles Unified School District (LAUSD), Port of Long Beach (POLB), Port of Los Angeles (POLA), as well as the Los Angeles County Department of Public Works (LACDPW), and the Seal Beach Naval Base. Since 2005, we have been committed to building long-term client relationships by providing quality services and creating superior customer value. Our firm is home to accomplished professionals with diverse backgrounds from the fields of construction, architecture, engineering, and inspection who have worked together extensively over the years. We have provided services for over $1.5 Billion worth of projects in various sectors including government facilities, education, parks & recreation, water resources, general facilities, and infrastructure. Specifically, PMCS Group has provided PM/CM and constructability review services to numerous projects for the Bureau of Engineering valued at more than $300M. Our staff's experience spans all project phases from planning, design, bid and award, through construction and closeout. PMCS is currently providing construction management services for the Bureau of Engineering Proposition O Bond Program, engineering services for the Bureau of Engineering Wastewater Conveyance Engineering Division, and GIS/engineering services for the Bureau of Sanitation. We believe that every project success is based on partnering, collaboration, and consolidating resource pools to provide our clients with the optimum balance of flexibility and responsiveness needed to achieve high quality results for the best value. Our project team consists of professional licensed Engineers and Architects, Project and Construction Managers, Schedulers, Estimators, Document Control and Cost Analysts.