Construction Cost Analyst

IQHQ is looking to add a Construction Cost Analyst to our accounting team. The Construction Cost Analyst is responsible for reviewing, validating, and analyzing contractor and consultant pay applications and supporting cost-management activities for Capital Improvement Program (CIP) projects. This role ensures accurate processing of invoices and change orders, supports financial reporting and reconciliation, and collaborates closely with project managers, procurement, accounting, and contractors.

The ideal candidate is detail-oriented, comfortable working independently, and experienced in applying cost-control procedures in a construction or capital-project environment.

We are pioneers in premier life science real estate. IQHQ empowers the life science community to thrive and succeed by creating and developing environments that inspire progress and give innovation a home to grow. IQHQ’s focus is to acquire, develop and operate life science properties in the innovation hubs of San Francisco, San Diego and Boston in the United States, and the Golden Triangle in the United Kingdom.

• Analyze and reconcile contractor and consultant invoices against contracts, schedules of value, change orders, and established procedures.
• Identify discrepancies in pay applications and coordinate with project managers and contractors to resolve issues.
• Validate progress invoices for compliance with contract requirements, allowances, contingencies, and Design-Bid-Build and Design-Build contract structures.
• Review, update, and distribute project cost reports, cost records, and specialized spreadsheets.
• Process contractor change order requests and coordinate alignment with monthly billing cycles.
• Monitor board-approved contract limits to ensure change orders and invoice adjustments remain within approved thresholds.
• Prepare monthly accruals, journal entries, cost reallocations, and reconciliations; support year-end close and audit requirements.
• Manage contract requisitions, task authorizations, amendments, commitments, and financial documentation.
• Assist with project close-out activities, cost variance analysis, and final cost reconciliations.
• Coordinate onboarding of contractors and communicate cost-management procedures, including preparing slides and documentation as needed.
• Serve as a liaison between project managers, contractors, procurement, and accounting to ensure timely processing of payments, retainage releases, and contract modifications.

• BA/BS + 2-4 years of relevant experience or demonstrated equivalency of experience and/or education

• Bachelor’s degree in Business Administration, Accounting
  , Finance, or a related field.
• 2-4 years of experience in construction cost analysis, project accounting, accounts payable, or cost control.
• Experience reviewing contractor invoices, schedules of value, and progress payments for accuracy and contractual compliance.
• Knowledge of contract terms, payment provisions, allowances, contingencies, and change order processes.
• Experience with cost reporting, reconciliations, accruals, and financial documentation for capital projects.
• Proficiency with Excel
  , including pivot tables and complex formulas.
• Ability to review invoices for proper coding, documentation, and contractual conformity.
• Ability to work independently with minimal supervision; strong attention to detail and organization.
• Collaborative and able to work effectively with multidisciplinary teams and external vendors.
• Experience with Yardi and Construction Manager and Job Cost module.

IQHQ offers a comprehensive compensation and benefits package. We consider multiple factors to determine compensation, including a candidate’s education, training, and experience. The salary range for this position is $70,500-$97,800 annually. The compensation that is offered to a successful candidate will depend upon, but not limited to, the candidate’s skills, time in role, qualifications, location, and experience.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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