Cost Specialist

Cost Specialist- Abernathy

Data Center Experience

Power BI

Key Responsibilities

• Develop, maintain, and analyze weekly project cost reports for both internal stakeholders and clients.
• Prepare weekly and monthly labor productivity, labor performance, and progress reports.
• Track project costs related to indirect labor, equipment rentals, subcontractors, and other project expenditures.
• Assist with change management processes, including change orders, budget revisions, trends, and contingency tracking.
• Provide accurate cost forecasting and identify potential budget impacts before they occur.
• Participate in bi-weekly and monthly project cost review meetings with project leadership.
• Support monthly project forecasting and financial reporting activities.
• Maintain project budgets and cost data within project tracking systems.
• Audit payroll coding and labor allocations for accuracy.
• Perform data validation and financial audits to ensure reporting integrity.
• Coordinate with procurement, accounting, payroll, and billing teams to ensure accurate project financial information.
• Process cost corrections and reconcile discrepancies.
• Support Earned Value Management (EVM) reporting and project performance analysis.
• Complete additional project controls and financial analysis duties as assigned.

Qualifications

• Experience in Project Controls, Cost Control, Cost Management, Project Management, or Change Management within an EPC contractor, industrial construction, energy, or oil & gas environment preferred.
• Bachelor's degree in Engineering, Construction Management, Finance, Business, or a related field may be considered in lieu of industry experience.
• Strong proficiency in Microsoft Excel and the Microsoft Office Suite.
• Experience with project budgeting, forecasting, earned value management, and cost reporting.
• Excellent analytical, organizational, and problem-solving skills.
• Strong written and verbal communication skills.
• Ability to prioritize multiple projects while meeting deadlines in a fast-paced environment.
• Ability to work independently while collaborating effectively with cross-functional project teams.

Preferred Experience

• EPC (Engineering, Procurement & Construction) project experience
• Oil & Gas, Industrial, Energy, Petrochemical, or Heavy Construction experience
• Earned Value Management (EVM)
• Cost forecasting and budget management
• Change order administration
• Labor productivity reporting
• Project financial analysis