Job Overview
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We are seeking a meticulous and results-driven Cost Analyst to join our team. As a key member of the Project Team, you will play a vital role in overseeing and managing scope costs and forecasting.
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* Cost Management: Conduct in-depth analysis of project and supplier costs, identifying variances, and trends, and working with project teams to mitigate and proactively pursue saving opportunities.
* Financial Forecasting: Assist in the development of financial forecasts by providing accurate and timely information on project costs and expenditures.
* Budget Oversight: Collaborate with project managers, and members of the project team to develop and monitor project budgets, ensuring alignment with overall project financial objectives.
* Reporting: Generate regular cost reports for project managers and scope managers, highlighting key financial metrics and trends.
* Business Analysis: Workflow process analysis, development, optimization, and system implementation and improvement.
* Financial Compliance: Ensure project costs adhere to established financial policies, procedures, and industry standards.
* Risk Assessment: Record potential cost-related risks and work with project teams to develop mitigation strategies.
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About the Role
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This is an exciting opportunity to apply your analytical skills and experience in cost control to drive business success.
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* Minimum 3-5 years of experience in cost control, project engineering or a similar role with responsibility for managing project costs.
* Proficiency in financial analysis, cost control methodologies, and financial reporting, including experience in applying Cost Breakdown Structures and Work Breakdown Structures.
* Certification in Project Management, cost control, or related financial disciplines is preferred.
* Bachelor's degree in Finance, Accounting, Project Management, Information Systems or a related field looked upon favorably.
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Your Skills
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To be successful in this role, you will require:
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* Strong analytical and problem-solving skills, with a keen eye for detail.
* Excellent verbal and written communication skills, with the ability to convey complex financial information clearly.
* Ability to adapt to changing priorities and work effectively in a dynamic environment.
* Demonstrated ability to collaborate with cross-functional teams to achieve financial goals.
* Strong competency in Excel and PowerBI or Tableu, Experience in Financial and purchasing modules of ERP systems (Microsoft Dynamics Business Central, SAP, JDE).
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Hydrostor is committed to fostering an inclusive workplace culture that values diversity and promotes equal opportunities for all.
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