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Element Consulting, Inc.

Project Controls Specialist III

Element Consulting, Inc., Los Angeles, California, United States, 90079

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Minimum Required Qualifications

5 - 10 years’ professional experience in program and/or project controls on a construction program

BS/BA Degree in Engineering, Construction Management, Business or related degree. Additional qualifying experience in excess to the minimum stated above may be substituted for the required education on a year‑for‑year basis

Experience working through the entire project life cycle

Knowledge of theories, principles and practices of cost/schedule management, earned value management, change management, forecasting, and risk assessment

Ability to present data to management in an organized manner

Exceptional communication skills required

Ability to adapt to changing requirements and situations

Ability to work in a fast‑paced environment

Ability to work as part of a team

Ability to perform in a business environment, maintaining professionalism in all communications and demeanor

Preferred Qualifications

Experience utilizing Microsoft Office, advanced Excel skills, Proliance, Data‑Warehouse or other systems used by a large capital program, and any educational facility experience

Position Description

Maintain and manage the accuracy and integrity of project budgets and financial forecasts, ensuring compliance with established cost management procedures and policies

Collaborate with Project and Construction Managers in drafting white papers for project establishment, re‑baselining, and securing funding for capital projects

Participate in monthly Estimate at Completion (EAC) reviews, collaborating with the Project Management Office (PMO) to provide in-depth variance analysis and identify underlying causes

Allocate and manage Estimates to Complete (ETCs) for projects, including but not limited to change order proposals, task order requests, online vendor portal requests, and PBAs to ensure continued alignment with financial objectives

Participate in the change management and risk assessment meetings to analyze cost‑related trends, risks, and exposures, contributing to proactive cost mitigation strategies

Conduct detailed analysis of cost variances, performance data, and trends to identify potential impacts on budgets, recommending corrective actions where necessary, ensuring financial data aligns with project goals

Perform monthly reconciliation of budget & costs to ensure month‑end data reporting accuracy

Track and analyze trends in project costs and the effectiveness of mitigation plans, comparing these against actual performance and forecasts

Review project budgets and expenditures across multiple funding sources to ensure alignment with overall financial goals and objectives

Work with scheduling teams to assess the impact of cash flow and schedule performance on project costs, identifying variances, cost over‑runs or underruns, and potential forecasting issues

Review and analyze financial reports, cost performance, and progress data to ensure accuracy, providing insights into potential financial risks on a regular and/or as needed basis

Examine staffing plans to identify resource demand peaks and recommend cost‑effective strategies to level resources and reduce unnecessary financial strain

Assist in preparation and validation of contract amendment exhibits, task order requests, and change orders, PBAs for proper budget allocation, cost coding accuracy, and adherence to reporting and financial standards ensuring alignment with project budget and cost tracking procedures

Ensure compliance with BuildLACCD policies and procedures regarding cost management for capital projects with multiple funding sources

Generate detailed financial and budget reports for campus‑specific budgeting, cost control, auditing, and asset tracking using systems like Proliance, Deltek Costpoint, and other standard office program & applications

Create and deliver tailored financial, budget, and schedule reports in response to directives from the College Project Director (CPD) and other stakeholders

Serve as the primary contact for College financial information requests from CPLT and the PMO, providing timely and accurate budget and cost details

Administer the processing of budget transfers, financial closeouts, contract requests, purchase requisitions, amendments, PBAs, change orders and other necessary documentation into the cost management systems

Collaborate with the PMO to validate and collect project budget data, contributing to the development of accurate dashboard reports for stakeholders

Manage and reconcile project control data, ensuring accuracy in program control databases and related financial reports

Oversee the review and approval process for contractor and consultant payment applications, ensuring financial accuracy and compliance

Assist in assembling contract requests, purchase requisitions, amendments, PBAs, and change orders, ensuring proper accounting treatment and alignment of supporting documents

Assist in gathering physical completion data and perform necessary data entry to adjust project budgets and forecasts accordingly

Take on additional duties or special projects as needed to support cost management initiatives and overall project success

Salary Salary dependent on education and experience. Salary range: $105K – $125K

Why Choose Element Consulting? Element Consulting is a construction management company dedicated to providing clients with responsible and innovative solutions to their project needs, from inception to completion. Based out of El Segundo, CA, the firm offers program, project, and construction management services. We invite you to join us in ’Bringing the Right Elements Together for Our Clients' Success.’

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