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- Skilled in the use of company cornerstone systems and able to represent cost data formats necessary to control the project.
- Understands financial terminology and measures and recognizes the financial impact of various project actions.
- Participates in analyzing and using financial data to identify key project issues.
- May assist in leading junior staff through assignment tasks.
- Participates in tracking action items.
- Able to use drawings and specifications in the establishment of project baseline data.
- Knowledgeable of accounting principles with extensive understanding of the manner in which the company establishes and documents the financial position.
- Prepares revised cost forecast for select accounts.
- Prepares analysis of progress trends and cost impact. May participate in reviewing and approving contractor invoices.
- Works hands on with earned value monitoring.
- Evaluates manpower, labor hour, and labor cost requirements versus budget limitations including preparation of variance analysis.
- Compares actual cost to funding limitations. Prepares expenditure forecasts to identify critical points in project funding.
- Reviews purchase order and subcontract commitments and expenditures. Maintains tracking database to insure that subcontractor funding is aligned with work authorization and expenditures.
- Understands the manner in which profits on projects are budgeted and the extent to which the budget value is achieved.
- Possesses the knowledge of scope control and change management. Involved in the tracking system to insure that project management is fully aware of detailed change order status.
- Creates and assists with cost/schedule baseline budgets.
- Familiar with basic cost/schedule integration and basic critical path analysis and other rescheduling concepts.
- Conducts or assists in performance measurement and associated cost trending.
- Prepares and assists in various levels of project reporting.
- Participates in and may lead project cost review meetings.
- Assists in procedure development and implementation.
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