Cost Analyst

Cost Analyst –Terre Haute 

The Cost Analyst plays a critical role in strengthening financial performance across Thompson Thrift’s multifamily construction portfolio by analyzing costs, improving budget accuracy, and supporting data-driven decision-making throughout the project lifecycle. 

Why Thompson Thrift? 
Thompson Thrift is an integrated, full-service real estate company engaged in the development, construction, leasing, and management of high-quality multifamily communities nationwide. We’re committed to building exceptional places — and developing the people who make them possible. 

At Thompson Thrift, you’ll find: 

• Values-Driven Culture — Excellence, Service, and Leadership guide everything we do 

• Career Growth — Training, mentorship, and long-term development opportunities 

• Work-Life Support — Competitive benefits, flexibility, and wellness programs 

• Real Impact — Hands-on involvement in industry-leading multifamily projects 

Your Role as a Cost Analyst 

As a Cost Analyst, you will serve as a key financial partner to project and leadership teams, supporting cost control, forecasting, and financial accuracy across multifamily construction and real estate development projects. This role blends analytical rigor with operational insight, functioning as an internal advisor who helps teams understand cost drivers, reduce financial risk, and improve budget performance. 

Working closely with Project Management, Construction, and Finance teams, you will analyze project expenses, track performance metrics, and provide actionable insights that support smarter decisions from project start through closeout. This role is ideal for a detail-oriented professional who enjoys translating complex financial data into meaningful guidance for construction teams. 

Key Responsibilities 

• Collaborate with Project Management teams as part of the construction cost control and financial oversight function 

• Analyze project financials, including costs, commitments, and forecasts, and prepare invoices where applicable 

• Research and interpret expenses to support cost control strategies and financial accountability 

• Review and analyze project budgets, monitoring actual costs against forecasts and projections 

• Provide financial analysis and reporting to support decision-making by project teams and executive leadership 

• Manage budget imports and maintain the accuracy and integrity of cost tracking systems 

• Utilize forecasting tools, including GC forecasting and Gain/Fade analysis, to evaluate project performance 

• Review production summaries and vendor production rates to ensure financial and operational accuracy 

• Identify, investigate, and resolve accounting and reporting discrepancies 

• Recommend cost reduction opportunities and process improvement initiatives 

• Conduct process reviews and implement efficiency enhancements related to cost reporting and controls 

• Prepare and distribute monthly project financial and performance reports 

• Support project closeout processes, ensuring financial completeness and timely completion 

Our Ideal Candidate for this Role 

Education 

• Bachelor’s degree in Accounting, Finance, Business, or a related field 

Experience 

• Minimum of 2+ years of experience in cost analysis, accounting, project controls, or a related role 

• Experience supporting construction or real estate development projects preferred 

Skills & Attributes 

• Strong analytical, mathematical, and problem-solving skills 

• Ability to interpret financial data and translate insights into actionable recommendations 

• Excellent written and verbal communication skills 

• Highly organized, detail-oriented, and capable of managing multiple priorities 

• Self-driven professional who demonstrates curiosity, initiative, and ownership 

• Collaborative mindset with the ability to partner effectively across teams 

Why This Role Matters 

The Cost Analyst plays a vital role in protecting project profitability and strengthening Thompson Thrift’s ability to deliver high-quality multifamily communities. By improving cost visibility, forecasting accuracy, and financial discipline, this position directly influences project success and long-term company performance. 

This role offers the opportunity to make a meaningful impact while building deep expertise in construction finance, cost controls, and real estate development within a growing, values-driven organization.