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Principal Supervisor - Project Cost Analyst

DTE Energy

Principal Supervisor - Project Cost Analyst

Location: Detroit, MI, US Company: DTE Eng Corp Svcs LLC

DTE is one of the nation's largest diversified energy companies. Our electric and gas companies have fueled our customer's homes and Michigan's progress for more than a century. And as Michigan's largest source of renewable energy, we're creating a cleaner, healthier environment to power our future. We're also serving communities beyond Michigan, where our affiliated businesses offer renewable energy, emission control technologies, and energy services to industries in 19 states. But we're more than a leading energy company... and working at DTE is more than just a job. At DTE, we take great care of each other and our customers, and we use our energy to be a force for growth and prosperity in our communities. When you join us, you'll be part of a team that welcomes, recognizes, and celebrates differences and values everyone's health, safety, and wellbeing. Are you ready to make that kind of difference? Bring your energy to DTE. Together, we can achieve great things.

Testing Required: Hybrid Role: This role is hybrid, with an established schedule of in-person work required at an assigned work location. Any remote work is expected to be performed from an employee's primary residence, unless allowed (or prohibited) through the Company's remote work guidelines. Emergency Response: Yes – Must be available to perform a primary assignment in support of DTE's emergency response to storms or other events that impact service to our customers.

Job Summary

Provides strategic leadership to a team of professionals responsible for financial forecasting and supporting Capital Projects from planning through execution to close-out phases. Leads the development and execution of Cost Analyst functions, including managing project accruals, enforcing adherence to accounting policies, and shaping accurate project forecasts based on performance metrics, estimates, and schedules. Delivers comprehensive analyses, including detailed variance reporting and insightful commentary, while fostering collaboration across key departments, such as DTE Controllers, Project Management, Supply Chain, and Logistics. Inspires and empowers the team to achieve financial excellence and drives impactful insights into organizational performance. Span of control: Leads a team of 5-15 individual contributors.

Key Accountabilities
  • Promotes the development of advanced financial models and tools to enhance cost control processes.
  • Collaborates cross functionally on financial and economic analysis, project and risk management, project budget and forecasting, monthly accrual determination and variance analysis.
  • Partners directly with construction crew and contract labor leadership to understand and drive project timelines, manage project spend, work order completions, and hold crews accountable to percent of work completed according to project plans.
  • Provides support to team members on in-depth strategic analysis of work execution across various inputs i.e. contractor oversite tasks, construction status, project schedules, milestone payments, and contracting strategies to solve various problems and propose solutions.
  • Communicates project status, areas for improvements, and financial overview on a regular basis with project management leadership.
  • Establishes relationships with vendors and monitors vendor performance to ensure quality of service is met with project timeline and company standards.
  • Manages forecasted labor needs, purchase material, inventory management, number of construction crews needed on a project and when, as well as foreign/contractor crew management based on project needs.
Minimum Education & Experience Requirements

Bachelor's degree in Business, Accounting, Finance, Project Management or Construction Management with 8 years of job relevant experience in construction management, project management, financial analysis, accounting, scheduling, or estimating. Inclusive of 2 years of formal or informal leadership leading projects or teams.

Other Qualifications Preferred

MBA, CPA, and/or Master's in Accounting, Finance, Project Management, Construction Management. Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent). Analyze complex financial data & develop optimal recommendations & solutions. Collaborate within a 'team' and/or'matrixed' structure, supporting multiple clients, procedures & policy. Well-developed organization and planning skills (typically acquired through at least 5 years of experience). 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. Ability to apply project planning & implementation and/or continuous improvement principles to affect tangible, positive outcomes. Intermediate-to-advanced analytical, problem solving and project management skills. Experience in operating system software utilized by the Corporation (e.g., Maximo, SAP R/3, SRM, BW).

Additional Information

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. PRIVACY NOTICE TO CALIFORNIA JOB APPLICANTS At DTE Energy, we are committed to providing an inclusive workplace where everyone feels welcome and a sense of belonging. We seek individuals with a heart for service, a passion to help our communities prosper, and ideas to help shape the future of energy. We are proud to be an equal opportunity, employer that considers all qualified applicants without regard to race, color, sex, sexual orientation, gender identity, age, religion, disability, national origin, citizenship, height, weight, genetic information, marital status, pregnancy, protected veteran status or any other status protected by applicable federal and/or state laws.

Vacancy posted 4 hours ago
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