Cost Engineer - PMO Financial Support

As part of the Project Controls group, monitors and analyzes project cost estimates, expenditures, and forecasts. Identies areas of cost savings opportunities and alerts management of any cost variances. Prepares monthly cost reports, work estimates, and budgets. Maintains project control procedures. No Supervisory Responsibilities. Assignments are received in the form of results expected, within operating policies and procedures. Incumbent has the discretion to select from alternative approaches; decisions may involve changes to normal work processes.

• Collects, maintains, and analyzes planned vs. actual cost for assigned capital projects.
• Reports variances to project management team with detailed commentary to support process outputs.
• Assist the project management team as needed in the overall financial processes.
• Supports contract administration in the change control process by performing cost reviews.
• Reports & analyzes key performance metrics; prepare ad hoc analyses as requested by project management.
• Alert Project Managers and management of potential project overruns and provide recommendations on forecast placeholders.
• Review project charges for inaccuracies or mischarges.
• Review progress payments to ensure there is a clear understanding of when the milestone will be met, and expenses should be accounted for.

• Bachelor's degree in Business, Accounting or Finance with 5years of job-relevant experience

Preferred

• 5 years of Financial experience
• MBA and/or CPA
• Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent);
• Experience in operating system software utilized by the Corporation (e.g Maximo, SAP R/3, SRM, BW)
• Association for the Advancement of Cost Engineering (AACE) certification
• Proficient in Earned Value Analysis
• Provides weekly reporting Purchase Order analysis
• Attend construction field updates and apply progress towards data
• Proficient in Excel - Power Query
• Expertise with utilizing Databases
• SAP Work Mgt system
• Exposure to Primavera P6
• Analysis of Unbilled Liabilities, Timing
• Experience with PowerBI

Other Requirements

• Written and verbal communication & advocacy skills consistent with the ability to present results of projects & research to all levels of the business unit, and engage in persuasive written & verbal interaction.
• Intermediate-to-advanced analytical and project management skills.
• Working knowledge of financial & economic analysis, project & risk management.
• Ability to analyze complex financial data & develop optimal recommendations & solutions.
• Ability to work in a 'team' and/or 'matrixed' structure, supporting multiple clients, procedures & policy.
• Copes with multiple demands from superiors, and/or subordinates & peers in a positive and evenhanded fashion; displays a calm demeanor under pressure.
• Well-developed organization and planning skills (typically acquired through at least 5 years of experience).
• Ability to apply project planning & implementation and/or continuous improvement principles (typically acquired through several years of experience in these areas) to affect tangible, positive outcomes.
• Proficiency in Excel, Word, and SAP sufficient to apply/support them with minimal instruction or guidance; this level of proficiency is typically attainable through 3 year(s) of substantive experience with the applications

Incumbents may engage in all or some combination of the activities and accountabilities, and utilize a variety of the competencies cited in this description depending upon the organization and role to which they are assigned. This description is intended to describe the general nature and level of work performed by incumbents in this job. It is not intended as an all-inclusive list of accountabilities or responsibilities, nor is it intended to limit the rights of supervisors or management representatives to assign, direct and control the work of employees under their supervision.