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Aerostar International
Senior Cost/Schedule Analyst
Career Insights for Cost Accountant
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Based on Maryland data
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What they do
A Cost Accountant analyzes the cost of company products or services, determines factors affecting costs, and makes recommendations for managing costs. Analyzes financial processes within a company or organization and develops internal cost reporting and accounting systems.
$97,874 / year median in Maryland
-6% projected decline
Job Description
Plan, prepare and analyze accounting, estimating and program financial/operational data for management and/or customer review. Working Procedure Develop and maintain integrated master schedule using critical-path-method (CPM) scheduling techniques. This activity includes working with Control-Account-Managers (CAMs) to provide monthly status updates and percentage completion assessments. Compile and analyze cost and progress data in accordance with the estimate-at-completion process to establish cost and schedule indices/variances Calculate and document variance-at-completion Monitor and maintain status of actual cost incurred on assigned projects, as well as interpret data and provide corrective action recommendations for management review Analyze cost data for discrepancies from budget, notifies management and assists in development/implementation of corrective measures when necessary Plan and prepare compliant cost proposals in accordance with FAR 15.4, and provide support during proposal audit and negotiations Maintain FAR compliant pricing system for current rates and adherence to estimating and pricing guidelines Make recommendations for procedural improvements to increase operational efficiency for the project controls job function Strong communication skills and the ability to work well with others Perform other duties and responsibilities as assigned