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Full-time
bachelor degree
Posted 2d ago
~40 hrs/week
Responsibilities
The Cost Analyst is responsible for preparing financial analyses, audit forecasts, and cost reports to validate project outcomes. They act as a bridge between accounting and field staff while monitoring project cash positions and ensuring accurate ledger postings.
Requirements
Candidates must hold a Bachelor’s degree in Accounting, Finance, Engineering, or Construction Management with at least 3 years of related experience. Proficiency in financial systems and advanced MS Excel skills are required, along with the ability to work in complex construction environments.
Full job description
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
Physical Demands: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Performance of the required duties will require physical ability to climb permanent and temporary stairs, passenger use of construction personnel hoists, ability to climb ladders and negotiate work areas under construction. Specific vision abilities required by this job include close vision, peripheral vision, depth perception, and the ability to adjust focus. Performing this job requires use of hands to finger, handle, or feel objects, tools or controls, sit, talk and hear, stand, climb, balance, stoop, kneel, crouch, or crawl. Employee must occasionally lift and/or move heavy weight.
Work Environment: The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of the job. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. While performing the duties of this job, the employee regularly works on-site at the construction work site where the employee is exposed to moving mechanical parts; high precarious places; fumes or airborne particles; outside weather conditions and risk of electrical shock. The noise in these work environments is usually moderate to very loud.
Turner is an Equal Opportunity Employer - race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or other characteristics protected by applicable law.
Turner is a North America-based, international construction services company and is a leading builder in diverse markets
Industry
Construction
Company size
10,001+ employees
Founded
1902
Headquarters
New York, NY
LinkedIn followers
869,938
Turner is a North America-based, international construction services company and is a leading builder in diverse and numerous market segments. The company has earned recognition for undertaking large, complex projects, fostering innovation, embracing emerging technologies, and making a difference for their clients, employees and community.
OUR VISION
To be the highest value provider of global construction services and technical expertise.
Turner embraces a Lean management approach, and a culture that emphasizes collaboration, reliability of scheduling and delivery of the most value while consuming the fewest resources. Lean principles drive the efficient delivery of our services.
Turner recognizes the importance of innovation and fostering a culture of continuous improvement. A key element of our company vision is to develop and embrace emerging technologies and processes. As part of our effort to achieve this vision, Turner has a culture where employees share their ideas and engagement with one another to develop innovative ideas as well as evaluate and implement improvements at Turner.
Turner fosters a culture of diversity and inclusion in which all employees contribute creative ideas, seek challenges, and have the opportunity to grow. Our diverse and inclusive workforce positions the company to grow, enhances our presence in diverse markets, and helps us build enduring relationships with each other, industry partners, and our clients.
Turner understands the environmental, social, and economic impact of our activities and that it is our responsibility to conduct our business in a transparent and ethical manner that supports our goals for client service, community involvement, environmental performance, financial strength and employee health, safety and well-being. Our core values of integrity, teamwork and commitment guide our activities and we expect the organizations with which we do business to share our commitments.
Offices: 66 Hudson Blvd E, New York, NY 10001, US · 55 East Monroe Street, Suite 1430, Chicago, IL 60603, US · 8080 Park Ln, Suite 400, Dallas, Texas 75231, US · 3495 Piedmont Road, NE Building 11, Suite 700, Atlanta, GA 30305, US · 300 Frank H. Ogawa Plaza, Suite 510, Oakland, CA 94612, US