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.

Qualifications

• 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.