Project Controls Cost Analyst - Risk Management

Project Controls Cost Analyst – Risk Management Location: 241 Ralph McGill Blvd, Atlanta, GA Department: Project Controls / Risk Management Reports To: Manager, Project Controls Job Type: Hybrid (4 days in-office) The Project Controls Risk Analyst plays a critical role in supporting the successful delivery of utility construction projects by identifying, analyzing, and managing project risks. This position is responsible for maintaining risk registers, conducting quantitative risk analyses (including Monte Carlo simulations), supporting project teams in the development of risk mitigation plans, and recommending appropriate contingency reserves to mitigate potential impacts on cost and schedule. Key Responsibilities Develop, maintain, and update project risk registers in collaboration with project managers, engineers, and stakeholders. Facilitate risk identification and assessment workshops with cross-functional teams. Perform qualitative and quantitative risk analyses to evaluate the probability and impact of identified risks. Conduct Monte Carlo simulations using @Risk to model cost and schedule uncertainties. Recommend appropriate contingency levels based on risk exposure and simulation results. Track and report on risk trends, mitigation effectiveness, and residual risk exposure throughout the project lifecycle. Integrate risk analysis outputs into project forecasts, budgets, and schedules. Support the development of risk management plans and procedures in alignment with corporate governance and industry best practices. Prepare and present risk reports and dashboards for senior leadership and project stakeholders. Collaborate with project controls, finance, and construction teams to ensure risk‑informed decision‑making. Preferred Qualifications Education Bachelor’s degree in a related field (required) Master’s degree or professional certification that would make you a strong candidate: MBA, MS in Statistics, or related field PMI‑RMP (Risk Management Professional) AACE International certifications (e.g., CCP, DRMP) Experience 3–7 years of experience in project controls, risk management, or project management within the utility, construction, or infrastructure sectors. Demonstrated experience managing and maintaining risk registers. Proficiency in conducting Monte Carlo simulations for cost and schedule risk analysis. Familiarity with project management methodologies (e.g., PMBOK, Agile, or similar). Strong analytical, communication, and stakeholder engagement skills. Desired Competencies High attention to detail and ability to synthesize complex data. Strong problem‑solving and critical thinking skills. Ability to work independently and collaboratively in a fast‑paced environment. Proficiency in Microsoft Excel, Power BI, and other data visualization tools. Benefits Southern Company invests in the well‑being of its employees and their families through a comprehensive total rewards strategy that includes competitive base salary, annual incentive awards for eligible employees and health, welfare and retirement benefits designed to support physical, financial, and emotional/social well‑being. This position may also be eligible for additional compensation, such as an incentive program, with the amount of any bonus/awards subject to the terms and conditions of the applicable incentive plan(s). A summary of the benefits offered for this position can be found here Additional and specific details about total compensation and benefits will also be provided during the hiring process. Equal Opportunity Employer Southern Company is an equal opportunity employer where an applicant’s qualifications are considered without regard to race, color, religion, sex, national origin, age, disability, veteran status, genetic information, sexual orientation, gender identity or expression, or any other basis prohibited by law. #J-18808-Ljbffr Cooper Lighting Solutions