Cost Analyst - LaBella Associates

Assist with cost/budget control and invoice control for the project. Expectation is hybrid role, requiring 2 office days per week (Wednesday and one day of your choose). Temporary location in Berlin, CT and relocation expected by 12/31/2024 to Hartford, CT.

The Program Management Services Division at LaBella provides comprehensive management services for complex projects and multi-year capital programs. Project teams are established to provide a customized mix of business consulting, project management, financial control and monitoring, administrative, and technical support services.

Responsibilities

• Developing, implementing, and maintaining Owner cost sheets
• Analyzing project controls reports and presenting finds to the project management
• Establish and maintain a Project Cost Commitments which monitors actual vs. estimated cost of purchase orders
• Coordinate the preparation of project work orders as required
• Interface with projects financial and tax departments, Plant and General Accounting and Client Purchasing and Stores
• Work with project estimates and cash flow/budgets to monitor and communicate status, variances, trends and completion costs for projects and individual contractors. Reports corrective action, as necessary
• Allocate monthly cost via applicable Client applications (i.e. Powerplan, Maximo); process Journal entries as needed.
• Review project Desktop Requisitions to ensure proper work order/accounting strings are utilized.
• Working with the project management team to manage project cash flows and forecasts
• Support the integration and use of E-Builder
• Support the Project team in Project Closeout activities which include but are not limited to the following:
• Development of units of property and cost allocation.
• Review with Project Team to determine Project Scope
• Review Engineered IFC Spec packages to determine detail of assets installed
• Coordinate material returns with construction Representative and Material Coordinator
• Resolve any cost discrepancies with Contracts Management and Project Manager
• Provide UOP that meets the requirements of Plant Accounting Asset Registry for installed and removed asset
• Material / Cost Reconciliation
• Complete manual or adjusting journals entries to ensure material reconciliation
• Review vendor invoices for accuracy and correct charge location
• Partner with Plant Accounting to resolve any open items
• Continue to support Investment Planning Organization in the completion of closeout

Requirements

• Assist with cost/budget control and invoice control for the project.
• 2-5 years of related experience.

Benefits

Body, mind, and wallet—LaBella’s benefits support a holistic approach to your health and wellness, creating the foundation for physical, mental, and financial well-being. Our benefit offerings cover the must-haves (healthcare and retirement), the just-in-cases (insurances and employee assistance programs), and the cherry-on-tops (fitness reimbursements, year-end incentive pay, and tuition assistance). Visit our website for more details on benefits listed below.

• Flexible Work Schedule
• Health/Dental Insurance
• 401k Plan with Employer Match
• Short & Long Term Disability
• Profit Sharing
• Paid Time Off
• Leadership Development Program
• Fitness Reimbursement
• Tuition Reimbursement
• Referral Bonus Program
• Wellness Program
• Team Building Events
• Community Service Events