Jr. Cost Analyst
Company: Pride Resource Partners
Location: Los Angeles
Posted on: January 17, 2022
**We are only considering local candidates to Los Angeles,
Pride Resource Partners, LLC (PRPLLC) is a California based
high-performance Project Management consulting firm. Pride is a
local small business and CPUC Certified Diverse Business
Enterprise. PRPLLC provides expert resources to fill the demanding
requirements for outsourced project and construction management
solutions on behalf of corporate client project management
organizations within the public and private sectors.
Position Purpose & Focus:
Requires construction, environmental, and/or engineering knowledge.
Using prior knowledge of Project Management and Project Control
principles and Cycles, this position prepares cost estimates for
product services. This role assesses cost effectiveness of products
and services and tracks actual costs as project develops. The
employee must communicate with Project Managers, Cost leads and
Project Control Managers to evaluate budget commitments and
forecast a completion estimate. This position ensures all cost
reports are issued accurately & all costs are accounted for during
project life cycle. This role is recognized as a functional expert
and thought leader in cost and the ability to effectively
communicate and take leadership role in preparing and presenting
complex reports to senior level management is critical.
Essential Duties & Responsibilities:
Communicate with Project Managers, Costs Leads, and Project
Controls Manager, expenditures, budgets, commitments, estimate at
Ensure cost reports are issued on time and with accurate data.
Ensure all costs are accounted for during the project life
Work closely with Project Managers to review project financial
status, identify deviations from planned budget, and explain
variances while providing advice concerning budget corrections.
Track cost controls and reporting processes (direct/indirect costs,
Track Work Order Authorization Budgets, avoiding overrun.
Report accruals & apply to monthly forecast projections.
Recognize historical trends and provide forecasting for projects by
monitoring and modifying cash flow as needed.
Run SAP reports with all cost data coming out from company
financial system (directs/indirect), and identify any deviations in
order to correct with stakeholders.
Read & understand durations to incorporate in the forecast.
Data storage including organization & tracking of documents
throughout approval process, ensuring signed forms are gathered and
saved for auditing purposes.
Ensure forecast is revised on a monthly basis, based on
consideration of progress, pending change orders, expenditure
rates, and earned value factors.
Prepare graphs & presentations to illustrate cost status forecast
requirements for management.
Update current budget according to change management process with
Schedule and attend company & team meetings, as needed.
Qualifications & Success Factors:
Bachelor's degree in related field.
2-5+ years of hands-on experience in cost management. PMP or other
AACE certifications preferred.
Proficient in MS Office Suite products, with previous experience in
Previous pipeline or gas facilities experience preferred.
Detail-oriented, analytical thinker with excellent Mathematical
Excellent verbal and written communication skills with the ability
to work well within a team.
Manages time effectively with the ability to meet deadlines and
Keywords: Pride Resource Partners, Los Angeles , Jr. Cost Analyst, Professions , Los Angeles, California
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