Project Cost Manager
Kforce
Kforce has a client in Saint Louis, MO that is seeking a Project Cost Manager.
Responsibilities:
* Develop and manage project budgets, ensuring alignment with project goals and financial objectives
* Track and control project costs throughout the project lifecycle to maintain budget accuracy
* Establish cost baselines and regularly update forecasts to anticipate variances and ensure project financial health
* Maintain accurate and detailed records of all project expenditures, ensuring full compliance with internal policies
* Perform cost variance analysis to identify discrepancies between planned and actual spending, and work with project teams to address budget overruns or inefficiencies
* Support financial forecasting efforts and refine cost estimates based on actual projectperformance and trends
* Review invoices to ensure costs, both internal and external, are coded correctly to the appropriate projects and accounted for accurately as capital expenditures (CapEx) or operating expenses (OpEx)
* Work closely with project leads to review details of project vendor invoices, ensuring the work was performed as agreed and goods or services were received before approval for payment
* Prepare timely and accurate project cost reports, providing insights into project financial performance and highlighting key cost drivers
* Communicate financial data to project managers, senior management, and sponsors, translating complex information into clear, concise insights
* Develop and deliver presentations on project cost status, forecasts and ROI performance to project sponsors and executive leadership
* Assess and report on whether project ROI goals were met by analyzing cost-benefit data, project outcomes, and financial performance
* Conduct variance analysis between targeted and actual ROI, providing actionable insights and recommendations for future project improvements
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