Senior Cost AnalystIowa Staffing • Palo, IA, US
Senior Cost Analyst
Iowa Staffing • Palo, IA, US
[job_card.variable_days_ago]
[job_preview.job_type]
- [job_card.full_time]
[job_card.job_description]Prepare monthly and quarterly forecasts, including spend projections, risk adjustments, and completion estimates. Analyze budget-to-actual variance drivers and provide insights to project managers and leadership. Support development of annual capital budgets and long-range project cost plans. Identify cost risks and opportunities early and recommend corrective action. Prepare and deliver project cost reports, dashboards, and financial summaries to PMO, finance, and construction leaders. Ensure alignment with GAAP, internal policies, capital project accounting rules, and audit requirements. Support month-end close, cost accruals, journal entries, and project reconciliations. Work directly with Construction Managers, Project Engineers, Field Supervisors, Finance, Supply Chain, and Accounting. Participate in construction planning, project review meetings, and scope change evaluations. Validate contractor invoices and provide financial insight during project negotiations. Utilize enterprise systems (e.g., SAP, Oracle, FMIS, Passport, Maximo, or construction / utility project systems). Build and maintain cost dashboards using Excel, Power BI, or similar tools. Ensure accuracy of cost data within ERP and project management systems. Experience in utility construction, energy infrastructure, electrical / mechanical projects, or industrial construction. Knowledge of capital project accounting standards and regulatory reporting. Strong process improvement mindset and ability to streamline cost workflows. Bachelor's degree in Accounting, Finance, Construction Management, or related field. Hands-on experience supporting real construction projects, not just manufacturing or corporate FP&A. A background partnering with project managers and construction leadership. A track record of delivering accurate job cost forecasting, identifying overruns, and improving cost visibility. Strong command of data within SAP / Oracle / ERP and a proactive approach to cost management.
Senior Cost Analyst
We are seeking a Senior Cost Analyst with direct construction cost management experience to support large-scale utility construction and maintenance projects. This role is responsible for project cost tracking, forecasting, budgeting, variance analysis, and financial reporting across a portfolio of capital projects. The right candidate will have hands-on experience partnering with project managers, construction supervisors, engineering, and field operations to ensure project costs remain aligned with scope, schedule, and budget. This is a highly visible, fast-paced, and cross-functional role requiring accuracy, proactivity, and strong business acumen.
Key Responsibilities
Construction Cost Management
- Manage full lifecycle cost tracking for construction and maintenance capital projects.
- Monitor project budgets, actuals, commitments, accruals, and change orders.
- Maintain detailed job costing and cost performance reporting at the project, component, and work order levels.
- Work closely with engineering, construction, and field leadership to validate labor, material, contractor, and equipment costs.
Forecasting & Variance Analysis
Financial Reporting & Compliance
Cross-Functional Partnership
Systems & Tools
Requirements
Preferred Qualifications
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