Cost

Project Controls Cost Control Specialist

New York, New Jersey, Carolina’s, Pennsylvania, Virginia, Connecticut and Minnesota

A Project Controls Cost Control Specialist provides cost management services including budgeting, bid management, cost forecasting and reporting, budget management and control, change management, contract administration, close out administration, procurement management, earned value management and value engineering.

Candidate Requirements

  • Responsible for project budget, invoicing, change control and cost forecasting for the entire engineering, procurement, construction, and qualification (EPC) life cycle.
  • Work in a highly collaborative and dynamic project environment. Collaborate with estimating, procurement and project management on project scope coordination, work package definition, contract development and bid analysis.
  • Develop & evaluate project control budgets with input from partners including clients, estimating, vendors and contractors.
  • Work with project team to validate contractor SOVs and certify progress, invoicing & payment. Follow-on with accounting to ensure alignment of project forecast with current funding and billings to client. Insure appropriate back-up documentation for all phases.
  • Actively manage change control process. Monitor cost trends & changes with follow-on validation & agreement of pricing. Process CO’s for approval and incorporation into contracts.
  • Responsible for operation of integrated cost reporting platform. Produce detailed cost reports, including budgets, changes, commitments (POs), spends, anticipated costs and forecast. Accountable for cost system data integrity as well as accuracy of overall project forecast.
  • Ability to produce effective visualization, graphics & outputs for team communication.
  • Collaborate with partners & scheduling on alignment of cost & schedule data.
  • Collaborate with team to support constructability and value engineering.
  • Develop and continually update projections on cash flows, staffing plans & contingency usage.
  • Provide financial and cost analysis as well as earned value and cost performance reporting.
  • At project completion, develop and record the project’s historical cost information and “lessons learned” for future use.
  • Collaborate with all groups to improve company processes, systems, and intellectual infrastructure to promote organizational learning and continuous improvement.
  • Demonstrated knowledge of engineering, procurement, construction and qualification (EPC) processes is required.
  • Understanding of engineering, construction methodologies and technical documentation.
  • Demonstrated expertise in Project Controls & Cost Engineering concepts; project initiation, planning, execution, monitoring, controlling & closeout as well as billing/invoicing, estimating, forecasting, and variance reporting.
  • Strong analytical and computer skills with demonstrated proficiency in integrated construction management/cost reporting platforms. Experience with data management tools (MS Excel, MS Access, etc) is required. Knowledge of ERP systems is desirable
  • Excellent collaboration, communication and organizational skills are required with the ability to prioritize and manage large amounts of information to effectively meet deadlines.

Required Tools

  • Proficiency with Microsoft Excel and all Microsoft applications is a must.

Education

  • Bachelor’s degree or higher in Engineering or Sciences – Advanced Degree desired (MS, MBA, PhD). Preferred Designation (if any): PE, CCM, CCP, PSP, EVP, PMP, etc.

Required experience

  • Project Cost Control: All years
  • SAP Software: All years
  • Forecasting & Budgeting: All years
  • Project Budget Reporting: All years
  • Accruals & Invoice Management: All years
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