What are the responsibilities and job description for the Project Cost Analyst position at Aston Carter?
Description:
The Project Cost Analyst is paired up with a construction Project Manager to help with all accounting and finance functions as it relates to various constructions projects that take place at the transmissions centers. For example, if there is a new development built in an area, in order to provide electric service, a transmissions center may need to be built or renovated. Projects can be a couple of months or years depending on the scope and will range in budget but are usually pretty high. The PC is responsible for all invoice tracking for the projects. For example they would be responsible for tracking the invoices for hours worked for contract workers on the job sites - review, reconcile and submit in fieldglass so that our Aerotek contractors can be paid. They also monitor the budget - if the safety budget is 60% spent and there are 18 months still left on the project they would be responsible for making the PM aware of this and either reallocating funds from another area or explore other ways to ensure they do not go over the budget. budget review and forecasting happens once a month and is a very busy time for this team. Formal JD to share with candidates: Responsible for coordinating project cost analysis and controls for team activities supporting the Project Managers (PMs), or other staff, including overseeing the cost reporting for multiple projects and monitoring project budgets to assure accurate depiction of project cost on base and intermediate projects under direct supervision. Responsibilities include input of budgets within the AEP corporate systems, providing ongoing forecast updates and variance analysis at the program and project levels, input and tracking of key performance indicators, and working collaboratively with project teams to implement project management best practices throughout the project lifecycle. Provides communication and develops partnerships with internal and/or external customers. Depending on the business unit assigned, this position might also be responsible for the creation of work orders and having direct interface in coordinating with external contractors and vendors to integrate these parties into the overall project budget and schedule. Essential Job Functions & Tasks : 1. Coordinate project meetings and work with project team members on project activities. Support the PM in the preparation and updating of project documentation and planning. 2. Assist with preparing forecasts of project spending and cash flows, budget variance monitoring, cost tracking/analysis. Depending on business unit needs, provide analysis and verification for Sarbanes Oxley (SOX) activities and assist with providing input to annual budget, capital forecasts, five-year plan and improvement requisitions. Perform estimate vs. actuals analysis. 3. Collaborate with Project Management (PM), and other vested parties to perform variance reporting and/or establish original baseline budgets that are time-phased with dates from the system schedule. Create project breakdown structures. 4. Perform some departmental organizational functions when necessary and as assigned to ensure the smooth operation of project functions. This might include tracking, analyzing, and verifying information for unvouchered liabilities (UVLs), keeping project system records current and complete, and coordinating the work order process related to a project from creation of the work order through in-servicing and closing. 5. Depending on the business unit assigned, assist in the contracting process. This might include bidding activities, analysis of cost, and cost tracking. 6. Communicate with project team, resources, and other internal and external stakeholders on various budgetary items. Work with others in both supplying information and seeking assistance as necessary. 7. Perform varied assignments demonstrating technical knowledge and analytical techniques to solution of problems or analysis. Apply problem solving skills to resolve technical problems and initiate solution techniques. 8. Develop an understanding of Key Performance Indicators (KPIs) that are measurable outcomes (scope, budgeting, schedule performance, cost performance, forecasting, etc.) 9. Providing strong teamwork with colleagues, vendors and/or customers and responding to customer/vendor inquiries, resolving work order issues and/or implementing action plans in a fast-paced, results-oriented team. 10. Develop an understanding of the AEP project/work management organizational standards and assist in the management of projects to those standards. Adhere to the guidance and standards put forth by the AEP Project Management Governance Committee.
Skills:
cost analysis, forecasting, accounting
Top Skills Details:
cost analysis,forecasting,accounting
Additional Skills & Qualifications:
WOULD BE NICE: -Utility or construction industry experience
Experience Level:
Entry Level
About Aston Carter:
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At Aston Carter, we’re dedicated to expanding career opportunities for the skilled professionals who power our business. Our success is driven by the talented, motivated people who join our team across a range of positions – from recruiting, sales and delivery to corporate roles. As part of our team, employees have the opportunity for long-term career success, where hard work is rewarded and the potential for growth is limitless.
Established in 1997, Aston Carter is a leading staffing and consulting firm, providing high-caliber talent and premium services to more than 7,000 companies across North America. Spanning four continents and more than 200 offices, we extend our clients’ capabilities by seeking solvers and delivering solutions to address today’s workforce challenges. For organizations looking for innovative solutions shaped by critical-thinking professionals, visit AstonCarter.com. Aston Carter is a company within Allegis Group, a global leader in talent solutions.
The company is an equal opportunity employer and will consider all applications without regards to race, sex, age, color, religion, national origin, veteran status, disability, sexual orientation, gender identity, genetic information or any characteristic protected by law.
If you would like to request a reasonable accommodation, such as the modification or adjustment of the job application process or interviewing process due to a disability, please call 888-237-6835 or email astoncarteraccommodation@astoncarter.com for other accommodation options. However, if you have questions about this position, please contact the Recruiter located at the bottom of the job posting. The Recruiter is the sole point of contact for questions about this position.
Salary : $36 - $43
