Contract Cost Analyst

Overview

Analyzes contractor payment applications and manages project commercial finances.

Key Responsibilities

• payment evaluation
• commercial deliverables
• report management
• progress review
• cost data
• invoice review

Tasks

Reporting to the Executive Director of Infrastructure Finance and with direction from the Cost Contract Manager, this position is responsible for supporting the development, management, and execution of the project commercial management workplans as they relate to cash allowances, reviewing invoices and administering Project Agreements between the Owner and Project Contractor. -Attends and contributes as appropriate to the Commercial Community of Practice. -Negotiates and resolves payment issues between the Project Contractors and TI Corp and escalates when appropriate. -Expedites monthly commercial deliverables from Project Contractor for the Province to ensure understanding of the Project’s financial performance. -Develops and implements best practices and issue resolution using the experience of other TI Corp projects, external projects, professional experiences and external resources. -Leads evaluation of monthly payment applications from Project Contractors, meets process timelines and performs evaluations to required level of validation, focusing on items associated with cash allowances and utilities. Ensures accuracy in payment certified. -Manages and guides functional reports, and undertakes monthly payment administration. -Conducts monthly reviews of construction progress in the field teams and works with Project Controls to validate monthly performance metrics of contractor. -Compiles and provides cost data from monthly payment valuations to Project Controls, Finance and Contract and Commercial to enable analysis, reporting and change valuation. -Liaises with Field teams, Project Contractor and, Utilities & UDB (underground duct bank) Subcontractors to determine monthly payment applications. -Attends key commercial and construction meetings, both internal and external.

Requirements

• project controls
• construction pricing
• bachelor’s
• 5+ years
• communication
• leadership

What You Bring

-Thorough understanding of commercial, project controls and financial functions on major projects. -Ability to undertake analytics on construction costs, identify trends and effectively report findings to senior management. -You must be legally authorized to work in Canada. -Self-starter able to develop and implement long term workplan based on broad overarching goal without supervision. -Knowledge of construction pricing schedules, construction costs and payment terms. -Ability to liaise/co-ordinate internal disciplines (Commercial and Contracts, Project Controls, Finance) and external experts. -Ability to review contract language and commercial conditions with a view to validation of payments. -5 years of progressive experience in commercial processes on major infrastructure projects (preferably transportation projects with a target cost component or managing project for Utilities, underground Ducts, etc.) or 3 to 5 years with reviewing and auditing invoices on major infrastructure projects -An offer of employment is conditional upon the completion of an acceptable current criminal record check. -Bachelor’s degree in project or construction management, business administration, accounting or equivalent relevant experience. -Experienced in managing time & materials, Unit price or lump sum projects for utilities. -Strong relationship, communication, facilitation, presentation, and interpersonal skills. -Ability to lead, manage and mentor functional reports.

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Benefits

The salary range for this position is $65,000 to $89,000. The final offer will be determined based on the successful candidate’s skills, experience, and internal equity considerations. Please note that the offer may fall anywhere within the posted range and is not necessarily at the top end. -Transit subsidy program. -Extended health and dental benefits plus a $1000 Health Spending Account annually. -Vacation starts at five weeks and with an additional one day per year of service to a maximum of six weeks. -Hybrid work arrangement with the ability to work from home two days a week following an orientation period. -TI Corp is dedicated to professionally growing staff and building internal capacity, through mentorship, active succession planning, learning and development financial assistance, and membership dues. -Top-up allowance for maternity and parental leave. -Free travel insurance for full-time employees. -We are part of the BC Public Sector Pension Plan – if you join us from other Public Service or Public Sector organizations who are part of this pension plan, your pension will continue seamlessly.

About Transportation Investment Corporation

-A Crown corporation delivering over $15 billion in flagship projects like the Pattullo Bridge, Broadway Subway, Fraser River Tunnel and Surrey–Langley SkyTrain. -Operates under the BC Transportation Finance Authority with a board‑led governance model and tight commercial oversight. -Blended public‑sector accountability with the scale of major project delivery, handling procurement, resources and risk management. -Stands out by building internal capacity and capability—not just for itself but within the broader BC Public Service. -Typically manages complex civil infrastructure: bridges, subway extensions, interchanges and toll‑free tunnel programs. -Unusual for a delivery agency, it also supports culture sectors by managing research building projects for BC arts and heritage.

Sector Specialisms

Security Clearance

-offer conditional on satisfactory criminal record check.