Senior Cost Analyst
Walbridge · Detroit Metropolitan Area · 2 days ago
FinanceFull-time
Location
You will work from our headquarters in Detroit, MI.
Responsibilities
- Project Cost Management
- Manage cost control activities on assigned projects, including budgets, forecasts, cost‑to‑complete updates, and variance analysis.
- Monitor project financial performance and identify cost risks, trends, and opportunities.
- Maintain accurate cost reports, contingency logs, and change tracking documentation.
- Develop monthly Owner billings and process subcontractor pay applications.
- Budgeting & Forecasting
- Partner with Project Managers, Estimators, and Accounting to establish and maintain accurate project budgets.
- Regularly update forecasts to reflect current project conditions and approved changes.
- Ensure alignment between revenue, costs, and contract requirements.
- Reporting & Financial Analysis
- Prepare and review detailed cost reports for project teams and leadership.
- Perform variance analysis between actual, budgeted, and forecasted costs, providing clear explanations and recommendations.
- Support leadership with timely and reliable cost intelligence.
- Billing & Change Management
- Support preparation and review of owner billings, subcontractor pay applications, and related financial documentation.
- Track approved and pending change orders and ensure timely incorporation into cost systems.
- Collaborate with Accounting during month‑end close, audits, and reconciliations.
- Team Leadership & Supervision
- Supervise and support 1 Cost Analyst, providing day‑to‑day guidance, workload prioritization, and technical oversight.
- Review analysts’ cost reports, forecasts, variance analyses, and supporting documentation for accuracy and completeness.
- Promote consistency, accountability, and quality across cost control deliverables.
- Partner with Cost Control leadership on performance feedback, development planning, and continuous improvement initiatives.
- Standards, Compliance & Team Support
- Ensure compliance with corporate cost control guidelines, procedures, and reporting standards.
- Identify opportunities to improve cost control processes and reporting accuracy.
- Provide guidance and mentorship to Cost Control Analysts and Coordinators as needed.
Qualifications
To qualify for the role, you must have:
- Bachelor’s degree in Finance, Accounting, Business, Construction Management, or a related field, or equivalent experience.
- 5 or more years’ experience in cost control, project accounting, or financial management in a project‑based environment.
- Strong analytical and problem‑solving skills with attention to detail.
- Ability to communicate effectively with project teams and leadership.
- Experience working with cost control systems and financial reporting tools.
Ideally, you’ll also have:
- Proficiency with CMiC or comparable project cost systems.
- Ability to build trust with project teams, executives, finance, and clients.
- Strong process ownership mindset.
- Ability to influence across functions and solve complex financial challenges.
- High emotional intelligence with a collaborative leadership style.
Why Join Us
- Play a critical role in driving project financial performance
- Work closely with project and executive leadership
- Opportunity to grow within an established Cost Control organization
- Contribute to continuous improvement of enterprise cost management practices