Cost Analyst - Electric Power Division

Description

Since 1913, Hooper has grown to become a well-respected electric power and mechanical contractor. With headquarters in Wisconsin and regional offices in the states of Colorado, Florida, and Ohio, Hooper provides a wide range of services to support commercial and residential clients. Hooper provides competitive compensation and many supportive benefits including Health, Dental, and Vision Insurance, Matching 401(k) plan, Paid Time Off (PTO), 9 paid holidays, Identity Theft Protection, Life Insurance, as well as Short-Term and Long-Term Disability coverage.

Principal Accountabilities:

Financial Data Analysis:

• Collecting, evaluating, and analyzing financial data, including expenses and cost transactions.
• Identifying areas for potential cost reduction and efficiency improvements.
• Analyzing cost reports, highlighting trends, variances, and opportunities for savings, and presenting findings with recommendations to management.
• Analyzing the impact of external factors on costs, such as inflation or exchange rates.

Budgeting and Forecasting:

• Developing and managing budgets, ensuring alignment with the organization's strategic objectives.
• Forecasting future costs and providing accurate and timely cost reports.
• Tracking expenses and monitoring budget performance against forecasts.

Cost Optimization and Efficiency:

• Researching and recommending changes in operating procedures to improve payment and procurement processes.
• Identifying cost drivers and key performance indicators (KPIs) to measure and monitor cost performance.
• Implementing cost-saving and profitable solutions for business operations.

Reporting and Communication:

• Preparing detailed financial analysis reports, statements, and presentations to communicate findings and recommendations to stakeholders.
• Providing financial support and guidance to various departments to optimize cost allocation and resource utilization.

Additional Responsibilities:

• Conducting market research related to pricing and cost trends.
• Auditing financial transactions and processes.
• Collaborating with cross-functional teams to gather cost data and develop cost models. 

Requirements

• Bachelor’s degree in finance, accounting, business administration, or a related field preferred. 
• Previous experience in cost accounting, budgeting, financial analysis, or project management is often preferred. Relevant work experience in the construction industry is also valuable.
• Certified Cost Professional (CCP), Certified Management Accountant (CMA), or Certified Cost Estimator/Analyst (CCEA) preferred. 
• Strong analytical and problem-solving abilities.
• Proficiency in financial modeling and forecasting techniques.
• Advanced knowledge of Microsoft Excel and other financial software.
• Understanding of financial statements and accounting principles.
• Familiarity with enterprise resource planning (ERP) systems and data visualization tools may be beneficial.
• Excellent communication skills, both written and verbal.
• Strong attention to detail.
• Ability to work independently and manage multiple projects simultaneously.
• Collaborative mindset to work effectively with cross-functional teams.

Description of Physical Working Environment:

• Primarily office-based, with occasional travel to field locations or corporate meetings. 
• May require lifting of supply boxes or materials up to 30 lbs.

Hooper is an equal opportunity/affirmative action employer, considering candidates regardless of age, color, creed, disability, gender identity, national origin, protected veteran status, race, religion, sex, sexual orientation, or any other status protected by applicable local, state, or federal law.