Accede Solutions Inc (accedesolution.com)
Project Control Cost Analyst
Accede Solutions Inc (accedesolution.com), Chicago, Illinois, United States, 60290
Project Controls Cost Analyst – responsible for providing financial oversight, cost tracking, and analysis to support the successful delivery of capital construction projects.
Responsibilities
Develop, monitor, and maintain project cost baselines, budgets, and forecasts in coordination with Project Managers and the Central Project Controls team.
Track actual costs, commitments, and accruals; analyze cost variances and trends; identify potential overruns or savings opportunities.
Prepare regular cost reports, dashboards, and variance analyses for project and program leadership.
Ensure all financial activities align with PMO cost control procedures, reporting standards, and regulatory requirements.
Collaborate with Finance, Engineering, Supply Chain, and Construction to ensure cost data is accurate, up-to-date, and integrated with scheduling and project controls systems.
Identify financial risks, forecast deviations, and anomalies early; recommend corrective actions to maintain cost control and budget adherence.
Support integration of cost and schedule data to produce earned value metrics and performance indices.
Evaluate cost impacts associated with scope changes, contractor claims, and field modifications; ensure proper documentation and approval.
Participate in audits, financial reviews, and governance meetings to ensure accountability and transparency across financial processes.
Contribute to the enhancement of cost control tools, templates, and procedures.
Qualifications
Bachelor's degree in Finance, Accounting, Engineering, Construction Management, or related field.
3–5 years in cost control, project controls, or financial management in utilities, energy, or infrastructure (regulated industries preferred).
Alternatively, 7–10 years’ work experience may satisfy education requirement.
Strong understanding of cost control principles, budgeting, forecasting, and variance analysis.
Experience with PMO governance and earned value management.
Proficiency in cost management systems (SAP, Maximo, Estimating Tool) and scheduling tools (Primavera P6).
Skilled in financial reporting and risk identification.
Effective communicator with technical teams, executives, and regulators.
Demonstrated stakeholder satisfaction from Project Managers, Finance, and leadership.
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Responsibilities
Develop, monitor, and maintain project cost baselines, budgets, and forecasts in coordination with Project Managers and the Central Project Controls team.
Track actual costs, commitments, and accruals; analyze cost variances and trends; identify potential overruns or savings opportunities.
Prepare regular cost reports, dashboards, and variance analyses for project and program leadership.
Ensure all financial activities align with PMO cost control procedures, reporting standards, and regulatory requirements.
Collaborate with Finance, Engineering, Supply Chain, and Construction to ensure cost data is accurate, up-to-date, and integrated with scheduling and project controls systems.
Identify financial risks, forecast deviations, and anomalies early; recommend corrective actions to maintain cost control and budget adherence.
Support integration of cost and schedule data to produce earned value metrics and performance indices.
Evaluate cost impacts associated with scope changes, contractor claims, and field modifications; ensure proper documentation and approval.
Participate in audits, financial reviews, and governance meetings to ensure accountability and transparency across financial processes.
Contribute to the enhancement of cost control tools, templates, and procedures.
Qualifications
Bachelor's degree in Finance, Accounting, Engineering, Construction Management, or related field.
3–5 years in cost control, project controls, or financial management in utilities, energy, or infrastructure (regulated industries preferred).
Alternatively, 7–10 years’ work experience may satisfy education requirement.
Strong understanding of cost control principles, budgeting, forecasting, and variance analysis.
Experience with PMO governance and earned value management.
Proficiency in cost management systems (SAP, Maximo, Estimating Tool) and scheduling tools (Primavera P6).
Skilled in financial reporting and risk identification.
Effective communicator with technical teams, executives, and regulators.
Demonstrated stakeholder satisfaction from Project Managers, Finance, and leadership.
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