Construction/Program Management Project Cost Analyst

Job DescriptionJob Description

Position Summary:

Key Responsibilities:

• Cost Tracking & Monitoring:
  • Track actual costs against budgeted figures for all phases of construction projects.
  • Review and evaluate cost estimates, design estimates, Construction Manager at Risk Guaranteed Max Price itemized summaries, change order cost requests, and contingency/allowance expenditure requests of various proposals and submittals.
  • Monitor and report cost variances and recommend corrective actions.
  • Update and maintain detailed project cost reports, forecasts, and trends.
  • Review Buyout Reconciliation logs of CMaR projects according to contract agreement
  • Ensure cost proposals are in compliance with the CMaR contract agreement and general conditions.
• Budgeting & Forecasting:
  • Assist in the preparation of project budgets and cost estimates.
  • Participate in value engineering workshops, cost adjustment sessions with architects/contractors and subcontractor scope/pricing analysis and selection process.
  • Develop cost forecasts based on historical data, current trends, and future expectations.
  • Collaborate with project teams to identify cost-saving opportunities.
• Change Management:
  • Analyze the cost impact of change orders, scope modifications, and schedule changes.
  • Support the preparation and evaluation of cost-related components of change order requests.
• Reporting:
  • Generate regular financial and cost reports for stakeholders.
  • Present cost data in a clear, concise format to support decision-making.
  • Prepare monthly cost-to-complete and earned value reports.
• Collaboration & Communication:
  • Work with procurement, subcontractors, and vendors to verify cost data and invoices.
  • Liaise with accounting for project-related billing, accruals, and cost reconciliations.
  • Support audits and financial reviews related to construction projects.

Qualifications:

• Education:
  • Bachelor’s degree in Construction Management, Engineering, Finance, Accounting, or related field.
• Experience:
  • 3–5 years of cost analysis or financial experience in the construction industry.
  • Familiarity with construction methods, contracts, and cost control procedures.
• Skills:
  • Proficient in MS Excel and cost control software (e.g., Primavera P6, Procore).
  • Understanding of earned value management (EVM) and financial reporting.
  • Excellent attention to detail and organizational skills.
  • Strong communication and interpersonal skills.

Qualifications (Optional):

• Experience with large-scale or complex construction projects.
• Certification such as CCP (Certified Cost Professional) or PMP (Project Management Professional) is a plus.
• Working knowledge of construction scheduling and project management software.

Working Conditions:

Primarily in- office but may require some visits to job sites for meetings or cost verification

Company DescriptionACARI Management Group, Inc. is dedicated to assisting its clients in providing quality Program | Construction Management, M/WBE Program Management, and Community Outreach and Involvement Services for the overall betterment of the community we serve. ACARI’s success is rooted in the firm’s long-standing dedication to building its core practices as a center of excellence.Company DescriptionACARI Management Group, Inc. is dedicated to assisting its clients in providing quality Program | Construction Management, M/WBE Program Management, and Community Outreach and Involvement Services for the overall betterment of the community we serve. ACARI’s success is rooted in the firm’s long-standing dedication to building its core practices as a center of excellence.