Project Cost Controller

Project Cost Controller Pay Rate: $69.52/hour on W2 Contract Length: 12 months Location: Houston, TX 77002 Work Type: Hybrid - 3 days in the office and 2 days working from home Raise is currently hiring a contract team member on behalf of our client. They’re expanding their team to meet growing needs, making this a unique opportunity to work with an industry leader. Overview Project Controls - Provides project management support services in the areas of project initiation, cost management, change management, progress measurement, reporting and project close out. Project Cost Controllers collaborate with project managers on the development and review of project plan, estimate, schedule, risk and contractual requirements. Develops and implements project controls and monitoring procedures to ensure the achievement of project schedule and cost objectives. Collects, analyzes and reports on project data and costs from various stakeholders (engineering, procurement, construction and accounting). Responsibilities Fully responsible and accountable for the cost forecast of their assigned project or program. All costs will be reviewed and forecasted monthly including, but not limited to internal labor, expenses, land acquisition, permitting, engineering, construction management, construction, equipment, materials, and contingency. Implement the project controls management of change procedure. Analyze, create, and modify project accruals at the PO-line-item level. Accountable for Procure to Pay (PTP) process including creating and modifying Purchase Requisitions. Responsible for attestation of all invoices on the project. Full understanding of overall project scope. Reviews and provides input into Estimate and maps to the control WBS. Develops and maintains the project Staffing Plan. Communicates control WBS to scheduling and contractor for reporting requirements. Develops and ensures documents are maintained for the project controls plan for all key areas of project controls. Reviews required project documentation during project assurance reviews and provides feedback to project teams. Reviews schedule, provides input, and ensures list of project key milestones is maintained. Works closely with project estimator and scheduler and provides input into baselines. Ensures project has appropriate AFE funding. Reviews schedule and other forecast drivers to update project time phasing for control budget and estimate to complete. Reviews requisitions for commitment of project materials and services. Provides input into incurred costs reporting and variance explanations. Monitors cost and commit to budget and forecast. Analyzes data to establish the differences in initial estimates during RFP and contract award. Review contractor cost and progress and provide input to estimate at completion. Full understanding of Earned Value Management, rules of credit, and progress measurement. Works closely with material and service providers to define rules of credit for earned value management. Monitors cost progress and performance metrics to establish potential and pending trends. Evaluates and recommends allowances for design unknowns, escalation, and contingency. Evaluates and recommends allowances for design unknowns, escalation, and contingency. Interfaces with project management, engineering, construction and procurement departments for project forecasting and trends. Participates in HRIM and QRA meetings and updates budgets and forecasts accordingly. Reviews monthly reporting packages and provides recommendations for improvement and projections based off performance. Provides mentorship and support to junior and Intermediate project controllers. Makes projects presentations to executive management as required. Ensures all Administrative, Financial, and System close-out activities are completed. Requirements Requires a university degree with 10+ years of related experience. Field experience considered an asset. Experience with executing high-risk capital programs or projects of different asset types. We strive to build teams that reflect the diversity of the communities we work in. We encourage all qualified applicants to apply, including people from traditionally underrepresented groups such as women, visible minorities, Indigenous peoples, people identifying as LGBTQ2SI, veterans, and people with visible/nonvisible disabilities. #USVM #J-18808-Ljbffr