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Cost Analyst
Cost AnalystMadison Approach • White Plains, NY, US
Cost Analyst

Cost Analyst

Madison Approach • White Plains, NY, US
30+ days ago
Job type
  • Temporary
Job description

Job Description

Job Description
Cost Analyst
Job Type: Temporary (12-month assignment)
Pay Rate: $29-34/hour DOE
Location: White Plains, NY | Hybrid (minimum 3 days on-site per week)
Job Overview
Madison Approach Staffing is recruiting for a Cost Analyst to support our client's Utility Operations Cost Control team. This role will provide critical reporting and control functions throughout the project lifecycle for utility operations including generation, transmission, canal infrastructure, and headquarters projects. The ideal candidate will monitor project costs, review vendor invoices, verify budgets, and maintain accurate financial tracking systems. This position requires strong Excel skills, SAP experience, and the ability to work collaboratively with project teams to ensure accurate cost allocation and budget compliance. This is an immediate-start, 12-month contract opportunity.
Key Responsibilities
  • Review vendor invoices for proper purchase order line allocation and accuracy
  • Monitor project costs against schedule and annual budget, total project estimated costs, and year-to-date expenditures
  • Verify budget requisition requests to ensure alignment with approved project budgets
  • Conduct forecasting activities and monitor project cost controls (PCC)
  • Update and maintain the utility operations project portfolio website with current cost and budget information
  • Track project expenditures and identify variances from planned budgets
  • Generate cost reports and analysis to support project management decision-making
  • Collaborate with project managers and finance teams to ensure accurate cost tracking and reporting
  • Assist with monthly and quarterly financial reporting activities
Required Skills & Experience
  • Education: Bachelor's degree in Accounting, Finance, or related field
  • Experience: 1-5 years of experience as a project cost analyst or in a similar financial analysis role
  • Technical Skills: Strong proficiency with Microsoft Office Suite, particularly advanced Excel skills (pivot tables, VLOOKUP, formulas, data analysis)
  • ERP Systems: Hands-on experience with SAP for financial tracking and reporting
  • Analytical Skills: Strong attention to detail and ability to analyze financial data and identify discrepancies
  • Communication: Effective written and verbal communication skills
  • Organization: Ability to manage multiple projects and priorities simultaneously
  • Must be local to the Tri-State area and available for W2 employment
Preferred Skills & Experience
  • Experience in utility, infrastructure, or construction cost analysis
  • Knowledge of project management principles and project lifecycle
  • Experience with capital project budgeting and forecasting
  • Familiarity with procurement processes and purchase order systems
  • Understanding of Generally Accepted Accounting Principles (GAAP)
  • Professional certifications such as CMA (Certified Management Accountant) or CPA
Work Schedule & Details
  • Monday through Friday, 7.5-hour work day with 0.5-hour unpaid lunch
  • Hybrid schedule with minimum 3 days on-site (remote work privileges may be adjusted based on business needs)
  • Paid for time worked only; no paid holidays, vacation, or sick days during contract period
  • Overtime not permitted unless authorized in advance
  • Immediate start date available
To Apply: Please submit your resume to Madison Approach Staffing. Only qualified candidates will be contacted for interview consideration.
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Cost Analyst • White Plains, NY, US

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