Project Cost Analyst

Job Description

Monitors, maintains and reports on budgets, contracts and other financial issues for Transmission projects in the Transmission Project Management Organization. Responsible for obtaining, providing and implementing information and recommendations to meet project goals and positively influence project direction.

Performs cost forecasting, monitoring and control activities including the preparation of cost performance and productivity reports, analysis of supporting data, variance reporting and special studies. Work with project estimates and cash flow/budgets to monitor and communicate status, variances, trends and completion costs for projects and individual contractors. Reports corrective action if necessary.

Assist in the review of bid specifications, change orders, invoices and performance for vendors, contractors and material contracts. Evaluates the cost impact of scope changes and/or productivity changes. Provide cost engineering liaison and interface for projects with Financial and Tax Departments, Plant and General Accounting, Purchasing and Stores. Provide actual man-hour, quantity and productivity input to Planning and Scheduling to assist and identifying project forecasted activity durations.

Establish and maintain a Project Cost Commitment Program which monitors actual vs. estimated cost of purchase orders. Competency in accounting methods and budgeting process and systems (PowerPlant). MS Office proficiency esp. Excel. Minimum 5 yrs of cost engineering experience. Familiarity with the ” Project Management Institute’s Body of Knowledge” is highly desirable. Large project experience a plus. It is highly preferable if the candidates worked in the construction, transmission/distribution or nuclear industry.