(Internal Title: Senior Cost Analyst)
Responsible for developing, analyzing, and communicating cost data to ensure effective cost management across the organization
Collaborate closely with project teams, project managers, and other stakeholders to understand project goals, objectives, and requirements and translate them into detailed cost estimates, budgets, and forecasts
Provide guidance and mentorship to junior cost analysts and assist project managers in identifying and tracking project costs, variances, and trends
Manage the allocation of project resources, including personnel, materials, and equipment, to ensure that project costs are accurately captured and reported
Prepare and present cost reports and updates to project stakeholders and leadership, providing insight and recommendations for cost optimization and control as needed
Develop cost management processes, methodologies, and best practices to improve cost performance and efficiency across the organization
Manage the creation of cashflows and “Estimated Final Costs” for large capital projects
Direct the various phases of the contracts including the development of terms and conditions, negotiations of contracts, and warranty administration
Finalize and sign off on progress reports and status of contracts
Ensure schedules for acquisition projects are prepared, monitored, and maintained
Provide project control support for all aspects of the capital budget preparation
Oversee cost analysis, controls, and reconciliation for the assigned projects
Monitor contractual reliabilities and be responsible for the design and maintenance of project control databases, spreadsheets, and other control systems to support these functions
Review reports and supporting documentation for project approvals and contract awards
Prepare monthly accruals related to project-related contracts
Establish and provide analysis for Earned Value as required
Guide, train, and mentor junior staff in their cost analysis and monitoring tasks
Lead and implement procedural updates and corporate initiatives related to costing
Working Conditions
Role requires 2-3 days in the office at Municipality of Clarington, Ontario
Experience:
Minimum of 8 years of related experience
Education:
Diploma or Bachelor’s degree in Business Administration, Accounting, Economics, or a related discipline
Licenses OR Certifications:
Registered for and seeking AACE CCP, CEP, PSP, PRMP, EVP, or PMI equivalent
Has completed equivalent training or successfully passed designated proficiency testing in lieu of the above
Holding a valid nuclear security clearance is preferred or at least eligible for a nuclear security clearance
Skills and Competencies:
Strong EcoSys & Excel skills with P6 and Power BI skills being an asset
Good attention to detail, analytical skills & communication skills with project performance data, ideally at a program level or at least with multiple projects
Thorough knowledge of Contract Administration principles, methods, procedures, and practices, as well as project management methods and practices
In-depth understanding of Business Administration concepts with emphasis on scheduling principles combined with a good knowledge of budget and cost control concepts
Excellent competency in MRP systems including MAXIMO and EcoSys, WorkDay, is considered an asset
Demonstrated experience with systems including extensive relational database design concepts and spreadsheets to correlate operational and financial data (Sr Level)
Tailor technical information for different audiences through presentations, reports, and other means independently
Must foster relationships with various stakeholders
Tact to perceive and ameliorate conflict and tension
Ability to arrange priorities and escalate competing risks to meet deadlines with minimum input from leadership
Keen eye for detail and adept problem-solving abilities
Must have demonstrated experience relaying and receiving information (written and verbal)
Excellent reading and language comprehension
Ability to detect and capitalize on others' strengths
Demonstrated capability to lead Cost Analysts, supervise, delegate, and develop capacity
Expert ability to work collaboratively and independently in a structured, disciplined, technology-driven environment