Overview
Cost & Commercial Analyst | Liverpool | Remote | £50,000 - £55,000
Responsibilities
* Manage daily project reporting to ensure alignment between project costs and revenue.
* Conduct performance analysis, identifying and understanding variances against budgets and forecasts.
* Reconcile forecasted and actual expenditures, producing project accruals.
* Coordinate and manage updates to project forecasts, incorporating inputs from project teams and clients.
* Support monthly financial close by posting cost accruals, unbilled revenue, and calculating adjustments based on project progress.
* Prepare in-depth variance analysis and financial reporting for projects.
* Compile cost and financial input for Project Monthly Status Reports (PMSR).
* Provide accurate monthly reporting of Value of Work Done (VOWD) and long-term cash flow forecasts.
* Perform economic analysis, assess deviations and probability, and support project management with financial and accounting issues.
* Prepare detailed revenue forecasts and variance reports for clients, including supporting documentation for cost-plus items.
* Create Applications for Payment (AFP) in line with pricing schedules.
* Liaise with the supply chain on requisitions, hire control, and goods receipting.
* Support project closure activities, including purchase order reconciliation and final margin reporting.
Skills and Experience
* Minimum of 3 years' experience in cost control, forecasting, and financial reporting.
* Advanced Excel skills, with strong data analysis and reporting capabilities.
* Experience with CSAM is desirable.
* Experience in offshore, oil and gas, or renewable energy industries is advantageous.
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