a:11:{s:2:"id";s:2:"29";s:12:"cms_headline";s:12:"Cost Analyst";s:5:"title";s:12:"Cost Analyst";s:7:"content";s:3042:"<h3>
	Summary</h3>
<p>
	Reporting to the Management Accountant, and under the guidance of the Manager of Finance and Accounting, the Cost Analyst acts as Finance&rsquo;s key point of contact with assigned departments and project managers in the preparation, reporting and analysis of budgets. This position is located in Calgary.</p>
<h3>
	Responsibilities</h3>
<p>
	1. Analyze cost for assigned department(s):<br />
	a. Perform attest function on vendor invoices and expense claims in accordance with policies and procedures.<br />
	b. Verify rates, payment terms, work scope, area, amount, etc. according to signed purchase orders, service work orders and/or contracts.<br />
	c. Review supporting documents attached to the invoices and ensures that invoices have sufficient back-up, e.g., signed field tickets.<br />
	d. Code invoices in accordance with appropriate account structure (e.g. Org, AFE number, major and minor accounts, activity date, contract/PO number, etc.)<br />
	e. Ensure invoices are paid within applicable terms.<br />
	f. Prepare and complete ad hoc reporting and analysis as required to support business and project planning/decision making.</p>
<p>
	2. Assists in budgeting and reporting duties:<br />
	a. Assist with the preparation of operating budget for each year.<br />
	b. Review budget and forecasted project expenditure profiles to reconcile project costs against the annual corporate budget.<br />
	c. Review new AFE (Authorization for Expenditure) requests from AFE owners and check compliance with approved AFE procedures.<br />
	d. Prepare weekly AFE status reports to enable prompt analysis of costs by AFE and proactively identify potential cost overruns.<br />
	e. Coordinate the monthly accrual process and prepare monthly reports that provide an accurate update of budget (e.g. costs to date, forecasts, variances, etc.).<br />
	f. Initiate actions to prepare supplemental or revised AFEs&rsquo; forecast of cost estimates through to completion.<br />
	g. Support the AFE &lsquo;close-out&rsquo; process (e.g. reviewing all outstanding AFE&rsquo;s for currency and ensuring all costs are appropriately captured).<br />
	h. Assist departments in preparing other budget change requests as required.<br />
	i. Support the development, application and continuous improvement of budget and AFE control systems, procedures and guidelines.</p>
<h3>
	Qualifications</h3>
<p>
	&bull; A minimum of&nbsp;two years of accounting or project related experience, demonstrating the above qualifications.<br />
	&bull; Working in Oil and gas industry is an asset.<br />
	&bull; Technical diploma or bachelor degree in Accounting, Finance &amp;/or Project Management.<br />
	&bull; Strong analytical skills.<br />
	&bull; Ability to work independently and as part of a team.<br />
	&bull; Detail oriented and ability to handle multitask with limited time frame.<br />
	&bull; Good verbal and written communication skills.<br />
	&bull; Proficiency in MS Excel.<br />
	&nbsp;</p>
";s:6:"ticker";s:1:"1";s:10:"cms_active";s:1:"1";s:11:"cms_deleted";s:1:"0";s:9:"cms_draft";s:1:"0";s:11:"cms_created";s:19:"2012-06-29 09:31:10";s:12:"cms_modified";s:19:"2013-02-21 09:44:29";s:20:"cms_modified_by_user";s:1:"7";}