Project Cost Analyst- New Power Generation Construction

Project Cost Analyst/Sr. Project Cost Analyst – Power Generation (Data Centers) Location: Valparaiso, Indiana, Field Locations (Northwest Indiana) Overview We are seeking a Project Cost Analyst to support power generation projects for large-scale data centers in Northwest Indiana. This role will be leveled based on experience and is critical to ensuring accurate cost planning, tracking, and performance across complex capital projects ranging in budget. You will play a key role in driving cost discipline across the full project lifecycle, partnering closely with project managers, finance, engineering, and contractors. Key Responsibilities Project Cost Management Lead cost management activities across the full project lifecycle (estimate → baseline → forecast → closeout) Develop and maintain project estimates, budgets, and cost performance baselines Track, analyze, and report cost performance, including earned value metrics and forecasting Maintain Estimate at Completion (EAC) and recommend corrective and preventative actions Planning, Estimating & Budgeting Build detailed cost estimates, resource plans, and budgets aligned with project scope and schedule Validate contractor estimates and manage Basis of Estimate (BOE) Integrate cost with schedule (CPM) and scope for accurate project forecasting Apply risk-based cost estimating and quantify cost impacts of project risks Cost Controls & Reporting Monitor cost performance, variance analysis, and trend forecasting Develop and deliver clear, actionable cost reports to project stakeholders Ensure cost data integrity across systems and reporting tools Support accruals, invoice coding, and financial tracking processes Project Controls Integration Partner across project controls (cost, schedule, scope) to drive project outcomes Apply WBS structures to support accurate budgeting and performance tracking Analyze schedule impacts on cost and support schedule-driven forecasting Stakeholder & Contract Support Collaborate with cross-functional teams to align on cost expectations and performance Support contract commercial activities including payment reviews and performance analysis Communicate cost insights effectively to project leadership and stakeholders Continuous Improvement Apply and promote best practices aligned with AACE, PMI, and industry standards Enhance cost tools, processes, and reporting capabilities Contribute to improving project cost management maturity Required Qualifications Bachelor’s Degree (or equivalent experience) 4–6+ years of experience in project cost analysis, controls, or financial management Advanced proficiency in Microsoft Excel (data analysis, modeling, reporting) Experience with: Cost estimating & budgeting Earned Value Management (EVM) Project scheduling integration Strong analytical, problem-solving, and communication skills Proven ability to work independently and collaboratively across teams Valid driver’s license Preferred Qualifications Experience supporting large capital or industrial projects Background in energy, utilities, or infrastructure projects Familiarity with project controls tools and scheduling software (e.g., Primavera, MS Project) What You’ll Bring A strong understanding of cost, schedule, and scope integration Ability to translate complex data into clear insights and recommendations A proactive mindset with a focus on cost optimization and risk mitigation Excellent stakeholder management and communication skills Additional Information This role follows industry best practices and aligns with NiSource Project Management Guidelines and Standards. Responsibilities may evolve based on project needs. As a public utility, NiSource is required to provide continuous service to customers at all times. To ensure we fulfill that obligation, employees may be required to work outside their normal work hours and perform tasks outside of their normal responsibilities in support of emergency operations. Work Authorization Authorized to work in the United States without requiring sponsorship. Workplace Connection Value inclusion within your day to day responsibilities by respecting others perspectives/convictions, engaging others opinions, creating a safe environment where people, ideas, and opinions are valued within your Team/Customers and external partners. Respect the unique lived experiences within your Team/Customers and external work partners by valuing different world views, challenges, and cultures that represents all walks of life and all backgrounds. Treat others with respect and consideration. Actively participate in creating and contributing to a positive work environment. Equal Employment Opportunity NiSource is committed to providing equal employment opportunities in each of its companies to all employees and applicants for employment without regard to race, color, religion, national origin or ancestry, veteran status, disability, gender, age, marital status, sexual orientation, gender identity, sex (including pregnancy, lactation, childbirth or related medical conditions), genetic information, citizenship status, or any protected group status as defined by law. Each employee is expected to abide by this principle. By applying, you may be considered for other job opportunities. ADA Accommodations If you need a reasonable accommodation to participate in any part of the hiring process or to perform the essential functions of the position, please contact OneHR at View email address on click.appcast.io or View phone number on click.appcast.io Safety Statement Promote a safe work environment by actively participating in all aspects of our employee safety program. Report any unsafe conditions and take actions to prevent personal injuries. Support our interdependent safety culture by ensuring the safety of your co-workers. Stay focused on the task at hand and promote productivity through good work habits. E-Verify NiSource participates in the U.S. Department of Homeland Security’s E-Verify program. As part of this process, we provide the following notices to all job applicants: These documents inform you of your rights and responsibilities under U.S. law. You can view or download them using the links below: E-Verify Poster (English and Spanish) E-Verify Participation Poster English and Spanish Right to Work Poster (English and Spanish) If you have the right to work, don't let anyone take it away Salary Range*: $96,600.00 - $144,900.00 *The salary offered to a candidate is based on several factors including but not limited to the candidate’s skills, job-related knowledge, and relevant experience, as well as internal pay equity. Posting Start Date: 2026-06-09 Posting End Date (if applicable): 2026-06-24 Please note that the job posting will close on the day before the posting end date. At NiSource, you'll be part of the team serving nearly four million customers throughout the Midwest and Mid-Atlantic, who count on us to energize their homes and businesses. Whether speaking with customers by phone, analyzing financial data or installing new gas lines in a neighborhood, you’ll meet exciting challenges each day and make the most of your skills and talents. And you’ll be part of a company that was named by Forbes magazine as one of America’s Best Large Employers. We're looking for talent from all backgrounds. We invite candidates of all abilities to come as they are and do what they love. Through our years of successful growth, we’ve stayed true to our roots by making a difference in the lives of millions of our customers. If you’re interested in joining an inclusive, innovative company that fosters opportunity for growth, NiSource might be the place for you.