Project Cost Analyst

Who We Are We're powering a cleaner, brighter future. Exelon is leading the energy transformation and calling all problem solvers, innovators, community builders and change makers to help deliver solutions that make our diverse cities and communities stronger, healthier and more resilient. We are a Fortune 200 company, 20,000 colleagues strong, serving more than 10.7 million customers across six energy companies – Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). Our employee experience is grounded in purposeful careers, growth opportunities, community impact and support to thrive. We are committed to inclusive, creative work environments and value safety, innovation, integrity and community service. Exelon offers competitive compensation, incentives, excellent benefits and the opportunity to build a rewarding career. Primary Purpose Provide project controls cost engineering support to Directors, Managers of Projects, Project Managers, Sr. Project Cost Analysts, contractors, and key team members. Assist in developing and monitoring annual budgets, actual and forecasted costs, and Long‑Range Plans for transmission, substation, distribution, and gas (PECO and BGE) projects and programs. Utilize existing Exelon systems for budgeting, financial forecasting, actual cost tracking, project authorization, work management, contracts, and material tracking. Offer broad analytical and operational support, and prepare comprehensive reports to support business operations, including reauthorization risk, forecast accuracy, contingency status, and other requested analyses. Position may be required to work extended hours for coverage during storms or other energy delivery emergencies. Primary Duties Attend required meetings and engage with project stakeholders for detailed project information. Identify budget, forecast, and authorization issues early and help develop resolutions to meet project metrics. Assist in developing and monitoring budgets and LRPs for transmission, sub‑station, distribution, and gas projects/programs. Monitor, track, and report project budgets, forecasts, accruals, and actuals. Track project and program financial risks and opportunities. Provide detailed variance analysis to budget, quarterly plans, and month‑over‑month variance analysis. Support project management at financial challenge meetings. Develop, organize, and present project and program performance reports for internal and external use. Participate in monthly forecasting and accrual meetings with Sr. Project Cost Analysts and Project Managers. In preparation for monthly forecasting and accrual meetings, craft project accruals and journal entries. Review with project managers and submit to Finance before reporting variances and issues to project management and project controls leadership. Analyze project actual and forecast data accuracy to ensure compliance with annual internal and external Sarbanes‑Oxley Audits. Support vendor forecasting processes used as inputs for forecasting and accruals by Project Controls. Provide support to Sr. Project Cost Analysts and Project Managers for presentations and forms required for project authorization. Job Scope Individual contributor position that works independently with general direction, using knowledge, skills, and judgment to plan and accomplish tasks and goals. Requires routine interaction with key internal and external stakeholders, including executives, directors, managers, and staff across the organization. May require extended hours and/or shift work to support business operations. Minimum Qualifications Bachelor's degree in Business, Finance, Accounting, or a Technical Field. 2–4 years related experience, or, in lieu of a Bachelor's degree, 3–6 years business experience. Comprehensive understanding of applicable standards, methods, processes, and practices, business fundamentals, and performance metrics in relevant functional areas (e.g., asset management, electric or gas operations, customer service, transmission and substation, distribution system operations, regulatory and external affairs, transmission operations and planning). Ability to provide in‑depth analysis and apply forecasting, analytical and statistical problem‑solving, financial, accounting, and budget analysis. Demonstrated strong analytical skills for project financial evaluation, risk identification, and mitigation. Customer‑driven with strong oral and written communication skills, analytical, problem‑solving, and project management capabilities. Comprehensive knowledge of financial/cost analyst practices, procedures, and principles of performance analysis (trending, root cause, gap analysis), benchmarking, and audit compliance. Ability to analyze organizational data and complex problems, interpret and recommend alternative courses of action, and implement intervention strategies to achieve performance targets. Demonstrated strong analytical skills for project evaluation, including analysis of complex projects with economic, financial, risk, and decision analysis. Preferred Qualifications Financial advanced degree. 2–5 years project cost tracking experience in electric/gas transmission, distribution, and substation industry. Advanced proficiency in standard software applications (Microsoft Word, Excel, Access, PowerPoint, Project) and specialized business technologies and applications (project management, WPT, Asset Suite 8, CIS, EPS, forecasting) for data retrieval and analysis. Proficiency in business case development and ability to effectively present business cases to business unit leadership. Benefits Annual salary will vary based on skills, qualifications, experience, and other factors: $68,800 – $94,600 per year. Annual bonus for eligible positions: 10% 401(k) match and annual company contribution Medical, dental and vision insurance Life and disability insurance Generous paid time off options, including vacation, sick time, floating and fixed holidays, maternity leave and bonding/primary caregiver leave or parental leave Employee Assistance Program and resources for mental and emotional support Well‑being programs such as tuition reimbursement, adoption and surrogacy assistance and fitness reimbursement Referral bonus program And more Note: Exelon‑sponsored compensation and benefit programs may vary or not apply based on length of service, job grade, job classification, or represented status. Eligibility will be determined by the written plan or program documents. #J-18808-Ljbffr Delmarva Power & Light Co.