Project Controls Cost Specialist
Jobs - PTS Advance
Details:
Project Controls Cost Specialist
The actual position title and compensation will be based on the selected candidate's experience and qualifications.
KEY RESPONSIBILITIES:
- Work with the project team in the development of the plan, establishing the WBS.
- Work with outside engineering firms to ensure project cost control expectations and deliverables are met via facilitating project controls workshops and participating in project meetings.
- Review cost estimates for projects and develop the control budget. Ensure the construction control budget and cash flow are aligned with schedule and cost estimate at project sanctioning.
- Ensure construction control estimates are aligned with the definition phase budget used for sanctioning prior to commencing execution.
- Work with the Project Manager to establish planned cash flow and realistic forecasts of the overall project cost and schedule.
- Report cost forecast monthly to local Engineering Leadership alongside Project Manager.
- Monitor and report project costs and perform analysis regarding deviations from the definition phase or control budget.
- Perform project set up and management of work orders and forecasts in Integrated Project System (IPS).
- Review budget proposals for accuracy in cost and schedule.
- Support Project Manager in budget planning for applicable projects including cash flow and schedule deliverables and alignment.
- Manage project contingency and drawdown.
- Calculate monthly accruals and communicate to Accounting department.
- Work closely with Supply Chain & EPC for major equipment progress payment status and accruals.
- Evaluate project risks and communicate cost and/or schedule exposure to project management.
- Analyze schedule and recognize and report areas of concern or caution.
- Facilitate the project closeout process.
- Report out to Department Leadership monthly and as needed.
- Bachelor's degree is preferred in Construction/Project Management, Engineering, Business Administration, Finance, or Accounting.
- Minimum of 5 years of experience in Project/Cost Control in EPC capital projects required.
- Relevant experience with industrial EPC projects, specifically Front-End engineering. Experience during field implementation of mid-major EPC projects is a plus.
- Excellent communication skills.
- Ability to provide reporting of data to management regularly and upon request with use of IPS, Excel, and Power BI.
- Proficient in Microsoft Office products - Excel, PowerPoint, Word, Outlook
- Familiarity with SAP preferred
- P6, and/or Icarus software knowledge is a plus
69134
Vacancy posted 3 days ago
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