Cost Control Analyst Job Description

Cost Control Analyst Job Description

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Cost control analyst provides cost, schedule, EVMS analysis/reporting, funding planning, reporting, monitoring, and analysis support to the Program Managers.

Cost Control Analyst Duties & Responsibilities

To write an effective cost control analyst job description, begin by listing detailed duties, responsibilities and expectations. We have included cost control analyst job description templates that you can modify and use.

Sample responsibilities for this position include:

Manage the Premises accounting processes and ensure these align to enterprise and industry standards
Build and maintain robust working relationships with key local and global stakeholders business managers, function heads, Procurement, and Accounts Payable
Understand the project/program and its requirements
Determine key variables for cost and other estimates
Create and submit estimate reports or bids to appropriate persons (project managers, clients, bidding competitions )
Build relationships with key vendors (subcontractors, suppliers, engineers )
Provide consultation on planning (schedules, manpower needs )
Set up cost control system, monitor and control costs and forecast on contracts
Performs hygiene on open commitments regularly and for project closing process
Develop strategies that strengthen the supply base to maximize total cost reduction & technical optimization whilst maintaining high -Quality standards, working closely with PDC Director for the BU USA and Leadership Management for WIS Plant

Cost Control Analyst Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Cost Control Analyst

List any licenses or certifications required by the position: CPA, MBA, PMP, EVMS

Education for Cost Control Analyst

Typically a job would require a certain level of education.

Employers hiring for the cost control analyst job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Accounting, Business, Business/Administration, Economics, Business/Management, Engineering, Financial Analysis, Construction Management, Management

Skills for Cost Control Analyst

Desired skills for cost control analyst include:

MS Excel
SAP
EVMS and Government CDRL reporting
EVMS and EV reporting
Funding requirements and CFSR preparation
Microsoft Office Suite
Contract types
Especially MS Excel
Microsoft applications
Working a dynamic program with frequent ECP’s with different contract types

Desired experience for cost control analyst includes:

BA or Master degree in Business Administration/Accounting/Finance
Business Understanding for contextualization of the numbers
Fundamental Leadership Competence and influencing skills required
Inquisitive attitude, always seeking a better way
Bachelor’s degree in Business Administration or related discipline plus a minimum of 10 years’ experience of increasing responsibility in business functions required
Prepare financial inputs to internal reports and presentations(IPRS, Dashboards, BARs)

Cost Control Analyst Examples

1

Cost Control Analyst Job Description

Job Description Example
Our company is growing rapidly and is hiring for a cost control analyst. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for cost control analyst
  • Lead Montly controlling meetings with PDC, SGA and purchasing managers and regional leaders
  • Develop and maintain key systems for cost tracking and standardization in SGA and PDC
  • Indirect rate formulation and analysis
  • Supports the Lead PCA in performing analyses and preparing reports related to TARs and reporting
  • Supports Business Manager TAR reporting for invoicing
  • TAR cost analysis, reporting and tracking
  • Prepares presentations and conducts briefings on TAR analysis
Qualifications for cost control analyst
  • The ability to obtain and maintain a Position of Public Trust is required
  • Set up control system, monitors and controls cost and schedule on the GCSS-Army program requiring validated cost schedule control system
  • Advanced understanding and application of EVM Cost/Schedule principles
  • Ability to provide knowledge of cost and benefits that support profitable business decisions
  • Excellent numerical skills and an analytical mindset
  • A background in Information Technology
2

Cost Control Analyst Job Description

Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of cost control analyst. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for cost control analyst
  • Responsible for briefing management on the status of their programs
  • Maintain program budgets and budget change logs, including issuance of work authorization
  • Prepares appropriate reports, charts and graphs for management use and review
  • Certified Professional Estimator (CPE) will be an asset
  • Bachelor's Degree in Accounting, Finance or Business with a minimum of six (6) years of applicable experience in finance, accounting or program control
  • Must possess an advanced understanding of Cost Accounting Standards (CAS)
Qualifications for cost control analyst
  • Proven experience as estimator or similar position
  • Familiarity with financial and project management principles
  • In depth knowledge of research and data analysis methods and estimation formulas
  • Exquisite math and IT ability with an analytical mindset
  • Proficient in relevant software (Timberline, HCSS HeavyBid)
  • Thoroughness and reliability
3

Cost Control Analyst Job Description

Job Description Example
Our innovative and growing company is looking for a cost control analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cost control analyst
  • Proactive, reliable, and honours commitments
  • Demonstrated ability to independently manage increasing levels of complexity and ambiguity
  • Performs month-end financial closing activities including accruals to ensure accurate financial results for Departments
  • Prepares monthly, quarterly and annual reporting and analysis for Core Services and Investment Departments, focused on key metrics and business drivers
  • Assists in the development of new reports and spreadsheet models to support on-going financial and management reporting requirements
  • Partners with Core Services and Investment Departments to produce annual budgets and forecasts
Qualifications for cost control analyst
  • The ability to obtain and maintain a US government TS Clearance.is required
  • Bachelor's Degree in Finance, Accounting, Business Administration, or related field with 10 years of experience or Masters with 8 years of experience in program control, financial planning, reporting and analysis
  • Understanding Work Breakdown Structure (WBS) development, budget baseline, cost risk analysis/assessment and visibility reports
  • Supporting the preparation and coordination of financial forecasting and reporting, Annual Operating Plan and Resource Plan
  • Microsoft skills (Access, Word, PowerPoint ), intermediate/advanced in Excel, Access and extensive experience in Costpoint and Cognos Familiarity with AMS/CAS/GAAP
  • Minimum 3-5 years experience in management and/or financial reporting
4

Cost Control Analyst Job Description

Job Description Example
Our growing company is hiring for a cost control analyst. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for cost control analyst
  • Successful completion of post secondary education, minimum 2-3yr program at an accredited college or university
  • Excellent computer skills with advanced skills in Excel
  • Registration and certification with the American Association of Cost Engineers (AACE) or working towards certification is considered a benefit
  • Knowledge of Project Management software applications including Prism and Primavera considered an asset
  • Bachelor's degree in Business, Management, Accounting, Finance, or related discipline with some post graduate professional experience
  • Bachelor's degree in Business, Management, Accounting, Finance, or related discipline with 3 years professional experience - OR - a Master's degree as described above with 1 year of professional experience
Qualifications for cost control analyst
  • Assists in the development of cost allocation methodologies and reporting
  • Subject Matter Expert in Ops, Supply Chain, & Manufacturing Planning
  • Strong and detailed understanding of financial statements (income statement, balance sheet)
  • Bachelor's Degree and 3 years of related financial experience - OR - a Masters Degree with 1 year of experience
  • Will assist Supply Chain and Business Management with implementation of IT projects
  • Experience with using Earned Value Management (EVMS)
5

Cost Control Analyst Job Description

Job Description Example
Our company is growing rapidly and is hiring for a cost control analyst. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for cost control analyst
  • Intermediate to Advanced knowledge of EVMS criteria
  • Bachelors Degree in Finance, Economics, Accounting or other business-related field with 3 years related professional experience – OR – a Masters degree with 1 year of related professional experience
  • Ability to communicate effectively with Program Staff and Management
  • The ability to obtain and maintain a Position of Public Trust
  • Bachelors degree in Finance, Economics, Accounting, Business Administration, or related field with 10 years of experience or a Master's degree as described above with 8 years of experience
  • Prior related experience with balance sheets, income statements, and cash flow
Qualifications for cost control analyst
  • Bachelor’s degree with 3 years of related experience - OR - a Masters degree with 1 year of related experience
  • Bachelor of Science Degree in Construction Engineering or equivalent
  • The individual must have a minimum of 5 years’ experience in the chemical, refining or other industrial manufacturing industries
  • Experience with engineering and construction based cost systems (productivity, performance measurement, progress tracking)
  • Providing support towards completion of monthly cost deliverables
  • Providing support for completion of change requests as required

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