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    • Identify potential cost overruns, financial risks, and cost-saving opportunities, recommending corrective actions where appropriate.
    • View all JDS Energy & Mining jobs - Vancouver jobs - Specialist jobs in Vancouver, BC
    • Salary Search: Intermediate Cost Specialist salaries in Vancouver, BC
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Job Post Details

Intermediate Cost Specialist
Vancouver, BC
Full-time

Job details

Pay information not provided
Full-time
Vancouver, BC

Full job description

About the Job

JDS Energy & Mining is seeking an Intermediate Cost Specialist to join our growing team. This position will support project delivery by providing accurate and timely cost control, forecasting, analysis, and reporting.

Working closely with Project Managers, Project Controls, Engineering, Procurement, and Construction teams, the Intermediate Cost Specialist will be responsible for monitoring project financial performance, maintaining cost control systems, identifying cost trends and variances, and supporting effective project decision-making.

The successful candidate will bring a strong understanding of project cost management within an engineering, procurement and construction management (EPCM), mining, or construction environment. They will be analytical, detail-oriented, and comfortable working collaboratively across multidisciplinary project teams.

Key Responsibilities

  • Develop, maintain, and monitor project budgets, cost forecasts, and cost control structures in accordance with approved project scope and execution plans.
  • Track and report project commitments, actual expenditures, accruals, remaining budgets, and forecast costs.
  • Prepare and maintain accurate cost reports, dashboards, and financial summaries for Project Managers and project stakeholders.
  • Perform budget-to-actual analysis, identify cost variances and trends, and investigate discrepancies to assess impacts on project performance.
  • Develop and maintain Estimate at Completion (EAC) and Estimate to Complete (ETC) forecasts using current project performance, commitments, and anticipated costs.
  • Monitor project cash flow and expenditure forecasts to ensure alignment with project schedules and planned activities.
  • Maintain project Cost Breakdown Structures (CBS), Work Breakdown Structures (WBS), cost codes, and supporting cost control documentation.
  • Monitor purchase orders, contracts, and subcontract commitments to ensure costs are appropriately allocated against approved budgets.
  • Support the project change management process, including trend tracking, change request reviews, cost impact assessments, and change register maintenance.
  • Review and validate contractor and subcontractor invoices, progress claims, and cost submissions.
  • Coordinate with Procurement, Contracts, Accounting, and Project Controls teams to ensure cost information is accurate, current, and consistently reported.
  • Identify potential cost overruns, financial risks, and cost-saving opportunities, recommending corrective actions where appropriate.
  • Participate in project cost review meetings and contribute to monthly reporting and forecasting cycles.
  • Support project closeout activities, including final cost reconciliation, commitment closeout, and historical cost reporting.
  • Contribute to the continuous improvement of cost control processes, reporting tools, and project controls procedures.
  • Perform other duties as required.
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