Sr. Cost Analyst

at  EDG

Requisition Number: 2542
Job Title: Sr. Cost Control Specialist
Date Opened: 10/31/2024
Location: Beaumont, TX
Industry: Utilities
Department: Project Controls
Employment Type: Full-Time Regular
Part-Time Available: No
Eligible for US Work Authorization Sponsorship: No
FLSA Exemption: Exempt (Eligible for Straight-Time Overtime)
Job Summary:
The Cost Control Specialist is responsible for supporting project teams by performing cost control activities for a portfolio of large projects. Responsibilities will include validating and reporting project costs, incorporating trends or approved changes, and providing financial forecasts for assigned projects.

Job Duties and Responsibilities:

• Work with all relevant project and discipline personnel to prepare project cost expectations and tracking tools.
• Understand all relevant project documents pertaining to the preparation of cost control plans and reports.
• Ensuring the integrity of accounting information and providing analytical services for transmission and substation projects.
• Monitoring, maintaining, and completing key reports and providing analytical functions towards capital projects utilizing data and other critical deliverables.
• Collecting, evaluating, and reporting Capital budget, project cost, work order closings and variance reporting.
• Initiate, monitor, maintain and close out of capital work orders in all legal entities.
• Create and analyze capital budgets, financial forecasts, reporting of actual financial results and variance explanations.
• Work with accounting on reconciling invoices.
• Assists in the preparation of accruals.
• Additional duties as assigned.

Qualifications (Knowledge, Skills and Abilities):

• Requires a High-School Diploma or Equivalent; Bachelor’s degree preferred
• Ten (10) years of experience as a project cost analyst or similar role
• Requires a working knowledge of cost control software and the ability to learn new software platforms quickly
• Proficient in Microsoft Excel
• Intermediate level skills with Microsoft Office software (Word, Powerpoint, etc.)
• Ability to work with minimal supervision
• Have attention to detail
• Ability to interact effectively with staff at all levels
• Availability and the ability to work on multiple projects simultaneously
• Availability and ability to travel to client sites on occasion
• Availability and ability to work overtime as needed based on project

Working Conditions:
Interaction with other team members, as well as supervisors and client personnel
May be required to travel out of town on a periodic basis to obtain project field data or attend project meetings
Field duties may require outdoor work in a plant, facility or terminal environment
Must be able to wear safety equipment as required by the safety department for personal protection
May be at more than one job site in a day and must be able to tolerate climate changes

Physical Requirements (With or without Reasonable Accommodation):

• Must be able to lift and carry five (5) pounds
• Sufficient clarity of speech and hearing or other communication capabilities which permits employee to communicate effectively
• Ability to sit for prolonged periods of time
• Sufficient vision or other powers of observation which permits employee to conduct analysis and investigations
• Sufficient manual dexterity which permit the employee to perform routine office duties
• Sufficient personal mobility and physical reflexes to perform office duties and travel when necessary to off-site locations

This job description is intended to indicate the kinds of tasks and levels of work difficulty required of the position given this title and shall not be construed as declaring what the specific duties and responsibilities of any particular position shall be. It is not intended to limit or in any way modify the right of management to assign, direct and control the work of employees under supervision. The listing of duties and responsibilities shall not be held to exclude other duties not mentioned that are of similar kind or level of difficulty.

• Work with all relevant project and discipline personnel to prepare project cost expectations and tracking tools.
• Understand all relevant project documents pertaining to the preparation of cost control plans and reports.
• Ensuring the integrity of accounting information and providing analytical services for transmission and substation projects.
• Monitoring, maintaining, and completing key reports and providing analytical functions towards capital projects utilizing data and other critical deliverables.
• Collecting, evaluating, and reporting Capital budget, project cost, work order closings and variance reporting.
• Initiate, monitor, maintain and close out of capital work orders in all legal entities.
• Create and analyze capital budgets, financial forecasts, reporting of actual financial results and variance explanations.
• Work with accounting on reconciling invoices.
• Assists in the preparation of accruals.
• Additional duties as assigned