Charles Jacobs

Charles Jacobs

Cost Analyst

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  • Timeline

  • About me

    Cost Analysis at Metis Solutions LLC

  • Education

    • Columbia Southern University

      2015 - 2017
      Bachelor's degree Occupational Safety and Health Technology/Technician
  • Experience

    • ITT Systems

      Jan 2004 - Feb 2010
      Cost Analyst

      Consolidating project cost control reports reconciling forecasted vs. actual/incurred costs• Analyzing progress to date and making recommendations as to forecasted cost projections while meeting critical deadlines.• Liaising with project engineers, finance group, construction managers and procurement & contracts administrative personnel.• Developing, organizing and setting up of new projects with respect to Work Orders, Tasks and Project Work Breakdown Structure.• Coordinating the development of input necessary from Project Engineers to establish projected cost of all projects managed within group.• Computed cost factors and prepared estimates used for management purposes. Factors included planning, organizing and scheduling work, preparing bids, selecting vendors and subcontractors and determining cost effectiveness. Show less

    • Rangerland Systems

      May 2010 - May 2011
      Project Control Specialist

      Analyzing comparisons of scope, quantities, and cost data, productivity analysis of contractor operations and comparing with estimate.• Identifying all budget changes and contract modifications and compiling estimate impact.• Supporting the trend engineers and contract administrators in implementing trends and scope changes.• Preparing all standard reporting tools used by each contractor, i.e. curves and graphs, all formal reports.• Reviewing contractor’s indirect cost estimates, monitor the ratio of direct to indirect costs.• Forecasting project cost to completion.• Budgeting and extracting work package breakdowns for subcontractors.• Performing data analysis, identifying problems and making recommendations for estimate adjustments. Invoicing, setting overall invoice structure, analyzing invoices.• Maintaining all information from subcontractors, analyzing information, administrating all meetings for the communication of all construction updates and reporting.• Reporting, developing and presenting the weekly man-hour report, monthly project progress report, staffing report, all subcontractors reporting. Show less

    • SAIC

      May 2011 - Nov 2013

      • Performing cost benefit analysis and evaluating alternate courses of action. • Developing independent cost estimates.• Monitoring and reporting cost benefits for acquisition servicing agreements.• Researching and analyzing budget issues related to assigned locations or functional areas.• Producing complete preparation and evaluation of requirements by cost centers, CBS, Work Breakdown Structures (WBS) or level of detail for various locations in the USARCENT.• Providing recommendations, courses of action and/or decision options on analytical results as required.• Analyze requirements and selects subcontract type including the appropriate terms and conditions.• Provided planning, coordination, and implementation of Accounting and Costing support efforts of a multi-discipline team of financial professionals Show less Responsibility for planning, cost controls and forecasting government contract to perform.• Preparing Project Margin Analysis Reports (PMARs) and Project Status Report (PSR) to show forecasted hours, revenue, and project gross margin.• Creating Construction Cost reports using EVMS and construction completion percentages.• Managing and tracking Work Breakdown Structures and work packages on bi-weekly status reports.• Maintaining and adjusting Estimate at Complete (EACs) on client cost report and providing detailed variance analysis; report trends and recovery plans whenever possible.• Reviewing weekly and monthly Labor and Material reports for accuracy of charges and make corrections as required.• Developing and implementing project scheduling and cost control procedures, and initiate corrective measures as necessary.• Insuring all planning, cost control, forecasting, and progress reporting comply with SAIC and client’s requirements.• Tracking material, labor, subcontracts, expenses, and ODCs against BAC as prescribed in the estimate. Tracking all change orders and update BAC accordingly.• Monitoring and liaising with Subcontractors to ensure timesheets, coding, and cost are tracked and recorded correctly.• Monitoring and forecasting subcontractor cost on internal and external cost reports.• Presenting any material differences from the estimate.• Ensuring that material pricing and defective unit pricing issues are resolved. Show less

      • Senior Cost Analyst

        May 2011 - Nov 2013
      • Project Control Lead

        May 2011 - Sept 2011
    • Chesapeake Energy

      Oct 2011 - May 2012
      EVMS Analyst

      • Importing actuals and estimated actuals into MPM and reconciling with the accounting ledger.• Troubleshooting any data transfer issues.• Importing and maintaining budget baseline.• Creating and maintaining the Work Breakdown Structure (WBS).• Maintaining Rate Tables.• Maintaining schedules in MPM and/or a scheduling tool and updating monthly performance• Maintaining the Program Baseline Log.• Analyzing monthly and cumulative contract baseline budget versus actual costs.• Creating the monthly IPMR. Quality checking data for errors using Peer to Peer reviews.• Performing quality assurance of programs' variance analysis reports for accuracy.• Managing baseline change requests.• Ensuring corporate EVMS system is followed.• Liaising with customer during audits.• Providing overview training to managers and analysts as needed.• Providing guidance to managers and directors in the field.• Facilitating integrated baseline reviews (IBRs) as required.• Conduct bid openings, review and evaluate bids/offers in coordination with technical representatives. Show less

    • Vectrus

      Nov 2013 - Dec 2016
      Subcontract Supervisor

      • Assisting in establishing and maintaining subcontracts and procurement procedures and policies to ensure compliance with Government/customer contractual requirements.• Managing and administering execution of Consultant Agreements, Nondisclosure Agreements, and Teaming Agreements.• Reviewing and interpreting subcontracts specifications, requirements, and terms and conditions for incorporation into proposal submittal to customers.• Supporting the issuance of RFPs to prospective subcontractors and vendors and provides expertise to service selection activities.• Having responsibility for providing input to negotiation and execution of Teaming Agreements with potential subcontractors.• Monitoring subcontracts performance to ensure that all contract terms and conditions are met and assists Program Leadership in the business management of subcontracts.• Assisting in directing coordination with other departments on matters related to Subcontracting; prepares responses as necessary to customer correspondence and other requests.• Leading negotiations with subcontractors; documents reviews of subcontracts; makes recommendations to management to execute subcontract documents; obtains necessary consent and subsequently issues subcontract.• Assisting in communicating Subcontracting policies/standards to Subcontract Administrators operating/performing administration on projects/programs in Vectrus Systems Corporation.• Works with vendors, Legal, and Contract Administration teams to write SOW, PWS, IGCE documents, MIRP, PR&C. Show less

    • Metis Solutions LLC

      Dec 2016 - now
      Cost Analysis

      • Assisting in establishing and maintaining subcontracts and procurement procedures and policies to ensure compliance with Government/customer contractual requirements.• Managing and administering execution of Consultant Agreements, Nondisclosure Agreements, and Teaming Agreements.• Reviewing and interpreting subcontracts specifications, requirements, and terms and conditions for incorporation into proposal submittal to customers.• Supporting the issuance of RFPs to prospective subcontractors and vendors and provides expertise to service selection activities.• Having responsibility for providing input to negotiation and execution of Teaming Agreements with potential subcontractors.• Monitoring subcontracts performance to ensure that all contract terms and conditions are met and assists Program Leadership in the business management of subcontracts.• Assisting in directing coordination with other departments on matters related to Subcontracting; prepares responses as necessary to customer correspondence and other requests.• Leading negotiations with subcontractors; documents reviews of subcontracts; makes recommendations to management to execute subcontract documents; obtains necessary consent and subsequently issues subcontract.• Assisting in communicating Subcontracting policies/standards to Subcontract Administrators operating/performing administration on projects/programs in Vectrus Systems Corporation.• Works with vendors, Legal, and Contract Administration teams to write SOW, PWS, IGCE documents, MIRP, PR&C. Show less

  • Licenses & Certifications

    • Leadership Training

      US Army