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10 jobs that use Cost Analysis the most

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Jobs that use cost analysis the most include contract finance analyst, cost analyst, and cost controller.

What jobs use Cost Analysis the most?

1. Contract Finance Analyst

How contract finance analyst uses Cost Analysis:

  • Manage cash activities and resolve old and current accounts through reconciliations and variance analysis.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Maintain audit readiness and compliance for internal/external corporate and project audits - PWC, KPMG, and Sarbanes-Oxley (SOX).

Most common skills for contract finance analyst:

  • Financial Analysis
  • SQL
  • Cost Analysis
  • Financial Data
  • Reconciliations
  • Journal Entries

2. Cost Analyst

How cost analyst uses Cost Analysis:

  • Manage general ledger expense accounts assign to ERP implementation project.
  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Perform cost control, revenue analysis and variance analysis for several DOD contracts.

Most common skills for cost analyst:

  • Cost Analysis
  • Financial Analysis
  • Cost Estimates
  • Data Analysis
  • DOD
  • Variance Analysis

3. Cost Controller

How cost controller uses Cost Analysis:

  • Improve project process by developing and implementing cost structure, then manage job-specific code of accounts for WBS approvals.
  • Manage treasury, open several new accounts, establish new procedures and controls, monitor daily activity.
  • Prepare monthly write-ups reports for the cost performance and EAC forecast

Most common skills for cost controller:

  • Project Management
  • Cost Analysis
  • Financial Statements
  • Cost Estimates
  • Variance Analysis
  • Cost Data

4. Senior Cost Engineer

How senior cost engineer uses Cost Analysis:

  • Manage retrofit projects for progressive stamping equipment.
  • Develop database to enable constant efficient update and improvement of WBS structure base on addition and deletion of project scope.
  • Provide WBS and integrate cost accounts with organizational structures.

Most common skills for senior cost engineer:

  • Cost Engineering
  • Construction Management
  • Cost Analysis
  • Cost Models
  • Cost Estimates
  • Project Controls

5. Cost Engineer

How cost engineer uses Cost Analysis:

  • Manage and monitor SharePoint activities and update daily tasks to ensure information is documented, remains accurate and up-to-date.
  • Manage Jenkins security by providing specific access to authorize developers/testers using project base matrix authorization strategy.
  • Create BOM for each project assuring special procedures, materials requirements and reinforcements.

Most common skills for cost engineer:

  • Project Management
  • Cost Analysis
  • Construction Management
  • Project Controls
  • Cost Data
  • Cost Models

6. Senior Cost Analyst

How senior cost analyst uses Cost Analysis:

  • Lead HFM and Essbase implementation efforts, including training of field and headquarters personnel.
  • Prepare and post journal entries, prepare balance sheet reconciliations and analysis of plant performance for presentation to internal management.
  • Work also include preliminary stages of SOX compliance and implementation at the plant level.

Most common skills for senior cost analyst:

  • Financial Analysis
  • Cost Analysis
  • Cost Estimates
  • Reconciliations
  • DOD
  • Variance Analysis

7. Quantity Surveyor

How quantity surveyor uses Cost Analysis:

  • Prepare shop drawings using AutoCAD software.
  • Update contract BOQ base on contractors approve shop drawings to submit update BOQ and expect cost of completion.
  • Base: UK, UAE, Trinidad

Most common skills for quantity surveyor:

  • Construction Projects
  • QS
  • Cost Estimates
  • Contractual Claims
  • Cost Analysis
  • Cost Control

8. Purchase Analyst

How purchase analyst uses Cost Analysis:

  • Transport purchases and contract and manage carriers (freight forwarders in order to arrange and manage the transportation of purchases.
  • Write RFI and RFP documents and manage the process for each.
  • Compile and manage the RFP excel database containing incumbent supplier pricing and alternative supplier pricing.

Most common skills for purchase analyst:

  • Purchase Orders
  • Supplier Performance
  • Continuous Improvement
  • ERP
  • Cost Analysis
  • Logistics

9. Cost Accountant

How cost accountant uses Cost Analysis:

  • Manage ledgers and perform month end journal entries.
  • Manage the payroll with ADP system and account receivable.
  • Manage costing control as well as accounts payable (A/P) and accounts receivable (A/R).

Most common skills for cost accountant:

  • Reconciliations
  • Variance Analysis
  • GAAP
  • Account Reconciliations
  • Cost Analysis
  • Financial Analysis

10. Cost Estimator

How cost estimator uses Cost Analysis:

  • Manage prevailing wage for payroll and prepare and submit bi-weekly certify payroll reports.
  • Assess effectiveness of quotation after 1st run (NPI).
  • Use 3D cad software to design parts and assemblies drawings for production use.

Most common skills for cost estimator:

  • Worksheets
  • Risk Analysis
  • Project Management
  • Cost Analysis
  • PowerPoint
  • DOD

Other skills

Updated December 28, 2023