Cost Analyst

WHAT YOU WILL BE DOINGBudget Development: Prepare conceptual, schematic, and detailed design-phase cost estimates, establishing accurate baseline budgets and cost breakdown structures (CBS).Quantity Takeoffs: Perform comprehensive material takeoffs (QTO) using architectural and engineering drawings, technical specifications, and BIM models.Value Engineering (VE): Lead VE analyses during design phases to identify cost-saving alternatives without compromising structural integrity or design intent.Financial Management & Cost ControlBudget Tracking & Earned Value: Monitor ongoing expenditures, committed costs, and work-in-place using Earned Value Management (EVM) to calculate Variance at Completion (VAC) and Estimate at Completion (EAC).Cash Flow Forecasting: Develop and update monthly cash flow projections and draw schedules to manage project liquidity and owner billing cycles.Change Order Management: Audit, negotiate, and validate subcontractor change order requests, evaluating pricing against market rates and contract allowances.Procurement & Vendor AuditingContract Review: Assist procurement teams in drafting scope packages, evaluating trade contractor bids, and performing financial risk assessments on major vendors.Pay Application Verification: Review monthly payment applications (G702/G703) and lien waivers against verified field progress before authorizing disbursements.Project Closeout: Perform final financial reconciliations, settle contingency funds, and audit final subcontractor accounts.WHAT YOU'LL NEEDAssociates Degree.