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Construction Cost Analyst

Cedars-Sinai Medical Center

Details

Posted: 08-May-22

Location: Los Angeles, California

Type: Full-time

Salary: Open

Internal Number: HRC0814657A

Align yourself with an organization that has a reputation for excellence! Cedars Sinai was awarded the National Research Corporation's Consumer Choice Award 19 times for providing the highest-quality medical care in Los Angeles. We provide an outstanding benefit package that includes flexible paid time off, health and dental insurance, a 403(b) and competitive compensation. Discover why U.S. News & World Report has named us one of America's Best Hospitals!

What would I be doing in this role?

The Construction Cost Accountant works under the general supervision of an Executive Director or designee and follows established project accounting policies and procedures for the Department of Facilities Development. Responsible for processing all construction related financial information. Prepares monthly reconciliation of construction expenditures to the general ledger. Provides all financial support to project managers regarding all financial aspects of capital construction projects from inception to closeout.

Prepares monthly financial closing for cost accounting system. Prepares journal entries for month-end close.

Enters all financial data for construction projects into the existing cost accounting system accurately and completely. Responds to all internal and external inquires.

Prepares monthly project analysis and cost projections.

Meets assigned department timelines.

Reviews invoices for contract compliance and correctness for all transactions.

Confirms authorizations for all projects in progress.

Prepare and set up a new project number for new Facilities Service Requests (FSR). Acquires the Construction In Progress (CIP) number and forward documents to General Accounting for review and assignment of a CIP number. This number will be combined with the project number designation to become the project's final number.

Provide vendors' payment status and other related information to project managers and vendors in accordance with the Department's policies and procedures.

Assists in preparing work papers for departmental audit of construction in progress and other related information.

Prepares and sets up the budget, based on the submitted schedule of values and the awarded CIP number. Responsible for creating a Project Task Summary based on the schedule of values.

Prepares and set up CSI code. These CSI codes will determine and provide the summary cost for management, Permit fees, EIS, Test & Inspection, Arch./Engr. Services, Construction Cost, Etc.

Maintains and updates vendors' database. Prepares and sets up the vendor number based on the number assigned by Accounts Payable.

Assesses Purchase Requisition written format for completion by reviewing attached proposals and supporting documentation. Reviews amounts for accuracy, verifies project, CIP number, and approved budget are in current Fiscal Year. Verifies signatures, PR committed to Solomon System, PR scanned into ImageNow System, PR taken to Purchasing Department.

#Jobs

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Requirements:

High school diploma/GED Required. Bachelor's degree in accounting, business, finance, economics or related field of studies preferred
3 years of progressive experience in the construction accounting and/or facilities management industry, with direct knowledge of analyzing and interpreting financial information for construction accounting and contracts related to a Master Facility Program required, 5 years preferred.

Working Title: Construction Cost Analyst
Department: Construction
Business Entity: Corporate Services
City: Los Angeles
Job Category: Facilities
Job Specialty: Facilities Planning
Position Type: Full-time
Shift Length: 8 hour shift
Shift Type: Day

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About Cedars-Sinai Medical Center

Providing healthcare for more than 100 years, Cedars-Sinai has evolved into one of the most dynamic and highly renowned medical centers in the world. Along with caring for patients, Cedars-Sinai is a hub for biomedical research and a training center for future physicians and other healthcare professionals. This attracts exceptional talent to Cedars-Sinai, including world-renowned physician-scientists who seek a place where they can both conduct research and see patients--the ideal formula for discovery and its translation into cures. Our patients benefit from access to doctors at the top of their fields, and our researchers have an ideal community in which to study the impact of healthcare challenges, and reflect that knowledge in their research. The greater Los Angeles area in which Cedars-Sinai resides possesses unparalleled cultural and ethnic diversity which offers outstanding opportunities for translational and clinical research and a dynamic environment for medical education.Although community based, Cedars-Sinai is a major t...eaching hospital affiliated with the David Geffen School of Medicine at the University of California, Los Angeles (UCLA). Cedars-Sinai has highly competitive graduate medical education programs in more than 50 specialty and subspecialty areas, a graduate program in biomedical sciences and translational medicine, a clinical scholars program directed towards junior physicians with aspirations to become clinical scientists, and post graduate training opportunities.There are more than 250 full-time faculty members at Cedars-Sinai. The voluntary medical staff, comprised of more than 2,200 specialty board-certified or board-qualified physicians, represent all of the specialties and subspecialties and collaborate with full-time medical staff in the teaching responsibilities of the graduate medical education programs.

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