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Senior Cost Analyst

Arsenal, PA 15201

Posted: 02/29/2024 Employment Type: Contract Industry: Information Technology Job Number: 16908 Field of Expertise: Analyst/Quantitative Remote Friendly: Hybrid Work Schedule

Job Description

Our client, a water technology provider, is seeking a Senior Cost Analyst for a 6+ month contract opportunity located in northern Pittsburgh, PA.

This role will be hybrid once training is complete and candidates must live in the local Pittsburgh area.

Responsible for providing support for the custom project business and will be required to perform complex duties assisting the project managers and ensuring revenue recognition is in compliance.

Core Responsibilities
  • Review new project orders and ensure all approvals have been received before entering/setting up the order in SAP
  • Understand key contractual terms of the projects (i.e. warranty terms, invoicing requirements, liquidated damages, bond requirements, etc.)
  • Ensure SOX compliance of all projects related controls
  • Assist project managers with updating project information, including project cost and change order claims, project schedule changes, and milestone updates to ensure the project data is kept accurate and up to date in SAP
  • Understand the theory and practice of percentage of completion and completed contract accounting
  • Update and distribute project review reports and coordinate/participate in monthly review meetings
  • Develop close working relationship with project managers; educate and provide financial guidance as necessary; drive compliance by ensuring project cost estimates are updated timely
  • Assist project managers with analyzing the costs and variances on their projects
  • Work with project managers to develop quarterly sales and gross margin forecasts (followed by monthly updates); help ensure those commitments are met.
  • Work with project managers to prepare variance analyses.
  • Assist project managers with the preparation of risk registers (outlines the driver for contingencies)
  • Monitor Revenue in Excess of Billings and Completed Contract WIP balance sheet accounts to ensure projects are being invoiced in a timely manner.
  • Monitor past due accounts receivable and work with project managers to resolve project issues that may be holding up payments, contact customers as necessary.
  • Assist with internal/external audit requests.
  • Continuously drive process improvements
  • Assist with other activities as requested.
  • Understanding of ASC 606 revenue recognition rules and ensure compliance.
  • Help develop reports to track and measure key metrics as established by the business segment.
  • Understand the cost flow at the various supporting factories to ensure forecasting is accurate and to help drive results.
  • 3 - 5 years of financial analysis experience.
  • Bachelor’s degree required; must have fundamental accounting/financial knowledge.
  • Extensive working knowledge of ERP systems required; SAP experience preferred.
  • Intermediate to expert level Excel skills required. Experience with Microsoft Office in a highly complex environment.
  • Excellent oral and written communication skills.
  • Strong problem solving, quality assurance, and interpersonal skills.
  • Ability to work well under pressure in a dynamic team environment.
  • Detail-oriented and self-motivated with strong organizational skills and a high degree of accuracy and quality in work.
Pay Rate: $45.00- $48.00/hour  

Meet Your Recruiter

Brigid Lipps
Recruiting Manager

Brigid is the Recruiting Manager for Corps Team and has been with the company for 12 years. She is a PHR, SHRM-CP, and HR Generalist certified professional with over 20 years of Recruiting and HR experience. She is driven to make a difference in the lives of candidates and clients by connecting great talent with great companies.

Brigid leads a team that recruits nationally across various industries and for positions in Human Resources, Accounting & Finance, Sales & Marketing, Administration, Management, and more. She received her Bachelor’s degree from Mount St. Joseph University and stays up to date on recruiting trends through continuous education from her certifications.

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