Terms of Employment
- W2 Contract, 24 months
- This position is hybrid with Monday-Wednesday being in-office.
- The office is located in Oakbrook Terrace, IL.
- The work schedule is Monday-Friday, 8 AM or 9 AM to 4 PM or 5 PM.
Overview
Our client is looking for six (6) Cost Engineering Analysts to support construction projects by providing comprehensive project controls and cost engineering in accordance with PC-ED-2014. The role involves tasks such as managing journal entries, offering variance explanations, and handling budgeting, forecasting, and project authorization. Ideal candidates should have a strong background and interest in finance, accounting, and project management, and will collaborate closely with the director, manager of projects, project managers, contractors, and other key team members.
Responsibilities
- Analyze project actual and forecast to ensure compliance with annual internal and external Sarbanes Oxley Audits.
- Identify project/program budget, forecast, and authorization issues early and develop resolutions to meet project metrics. Provide historical comparisons of complete projects and programs.
- Develop and monitor the budgets for transmission, sub-station, distribution projects and programs.
- Manage program financial risks and opportunities and provide detailed analysis of variances to budget, quarterly plan, and month over month variance analysis.
- Prepare project accrual and JE and support project managers during financial challenge meetings.
- Provide 24/7 on call services for emergent projects.
- Run, summarize and analyze various Hyperion reports to support projects and processes. Schedule and run monthly forecasting and accrual meetings with Project managers, report variances and issues to both the PM and project controls leadership.
- Utilize Excel detailed cost files for budgeting, cost management updates and earned value performance output.
- Manage budgets, forecasts, authorization limits and accruals for all assigned projects and programs.
- Provide monthly reports for: reauthorization risk, forecast accuracy by Project Manager, program and department, CIAC forecast and analysis, Contingency released and remaining, and others as requested.
- Ensures that all PAR forms in WPT are completed properly and route for approvals.
- Provides review of FERC assets, Capital & Expense classification, and property units for projects.
- Supports the development of the financial slides used in DOA approval presentations representing the requested authorization, funding sources, projected spend, etc.
- Monitors the portfolio of projects estimated at completion versus authorization ensuring that projects do not exceed authorization.
- Manages the Vendor Forecasting process which is used as a source of input for Cost Engineering.
- Reviews vendor forecasts to ensure that they are providing quality forecasts.
- Develops material request reporting which is used as a source of input for Cost Engineering.
- Provides an accounting review of all centrally managed material requests and contractor contracts to ensure appropriate department and sub account assignments.
- Creates ITNs in WPT if needed to track project budget, forecast, and authorization.
Required Skills & Experience
- Bachelor’s degree in finance, accounting, business or project management.
- 2+ years of experience as a Project Cost Analyst handling financial data.
- Understanding of accruals
- Strong Excel skills
- Attention to detail
- Excellent organizational skills
- Ability to communicate results of financial analysis.
nTech is an equal opportunity employer. All offers of employment are contingent upon pre-employment drug and background screenings. Only candidates who meet all of the above client requirements will be contacted by a recruiter.
IND15