Exelon
Overview
Be among the first 25 applicants. Get AI-powered advice on this job and more exclusive features. Who We Are: We're powering a cleaner, brighter future. Exelon is leading the energy transformation and we are looking for problem solvers, innovators, community builders and change makers. We are a Fortune 200 company with 19,000 colleagues serving more than 10 million customers across six energy companies: Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). We value safety, innovation, integrity and community service, and offer competitive compensation, benefits and opportunities to build a rewarding career. Primary Purpose of Position: Provide project controls cost engineering support to Directors, Manager of Projects, Project Managers, contractors and other key team members. Develop and monitor annual budgets, actual and forecasted costs, and long-range plans for transmission, substation, distribution and gas (PECO and BGE) projects and programs. Utilize multiple Exelon systems to support budgeting, financial forecasting, actual cost tracking, project authorization, work management, contracts, and material tracking. Prepare comprehensive reports to support business operations, including reauthorization risk, forecast accuracy by Project Managers, program and department, CIAC forecast and analysis, contingency released and remaining, and other requests. Utilize WPT to create PAR forms, ITNs, Project IDs, and update financial plan types. Coordinate project authorization processes including updating decks for all centrally managed projects. Schedule and run monthly project status calls. Track and manage In-Service Dates and Project Aging PIs. Location: Primary Location – 5100 Harding Highway, Mays Landing, NJ 08330, United States. Additional Locations include 401 Eagle Run Road, Newark, DE 19702; 701 9th Street NW, Washington, DC 20068. (Map available where provided.) Primary Duties
Manage project forecasting, accrual, and status processes. Attend required meetings and obtain detailed project information from stakeholders. Identify budget, forecast and authorization issues early and assist in developing resolutions to meet project metrics. (25%) Assist in the development and monitoring of budgets and LRPs for transmission, sub-station, distribution, and gas projects. Monitor, track, and report budgets, forecasts, accruals, and actuals (20%) Manage project and program financial risks and opportunities; provide detailed variance analysis to budget, quarterly plan, and month-over-month results. Support financial challenge meetings with project management. (15%) Develop, organize, and present project and program performance reports for internal and external use. (10%) Schedule and facilitate monthly forecasting and accrual meetings; prepare monthly project accruals and journal entries for project manager review and submittal to Finance, including variance reporting. (10%) Analyze actual and forecast data for accuracy to ensure compliance with internal and external Sarbanes-Oxley audits. (10%) Manage the vendor forecasting process used as input for forecasting and accruals by Project Controls. (5%) Provide support to Project Managers for presentations and forms required for project authorization. (5%) Job Scope
This is an individual contributor position that works independently with general direction, relying on knowledge, skills and judgment to plan and accomplish tasks. The position may mentor less experienced colleagues. Routine interaction with key internal and external stakeholders, executives, directors, managers and staff across the organization. May require extended hours and/or shift work to support business operations. Minimum Qualifications
Bachelor’s degree in Business, Financial or Technical Field. 4-7 years related experience; or in lieu of a Bachelor’s degree, 6-9 years relevant business experience. Comprehensive understanding of applicable standards, methods, processes and practices in the supported functional area (e.g., asset management, electric or gas operations, transmission and substation, etc.). Ability to provide in-depth analysis, forecasting, analytical and statistical problem solving, financial, accounting, and budget analysis. Strong analytical skills for project financial evaluation, risk identification and mitigation; customer-focused with strong communication skills. Knowledge of financial/cost analyst practices, performance analysis, benchmarking and audit compliance. Ability to analyze data, interpret complex problems, and recommend actions to achieve performance targets. (Some items consolidated for clarity.) Preferred Qualifications
Financial advanced degree. 5-8 years project cost tracking experience in electric/gas transmission, distribution, and substation industries. Advanced proficiency in standard software (Word, Excel, Access, PowerPoint, Project) and specialized applications (e.g., WPT, Asset Suite 8, CIS, EPS) to retrieve and analyze data. Proficient in business case development and presenting to leadership. Benefits
Salary range: $84,000.00/Yr. – $115,500.00/Yr. Annual bonus eligibility: 15% 401(k) match and company contributions Medical, dental and vision insurance Life and disability insurance Paid time off, including vacation, sick time, holidays, maternity/parental leave Employee Assistance Program and mental health resources Wellbeing programs and tuition assistance Referral bonus program More benefits available Note: Exelon-sponsored compensation and benefit programs may vary based on length of service, job grade, classification or represented status. Eligibility determined by plan documents. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries: Utilities
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Be among the first 25 applicants. Get AI-powered advice on this job and more exclusive features. Who We Are: We're powering a cleaner, brighter future. Exelon is leading the energy transformation and we are looking for problem solvers, innovators, community builders and change makers. We are a Fortune 200 company with 19,000 colleagues serving more than 10 million customers across six energy companies: Atlantic City Electric (ACE), Baltimore Gas and Electric (BGE), Commonwealth Edison (ComEd), Delmarva Power & Light (DPL), PECO Energy Company (PECO), and Potomac Electric Power Company (Pepco). We value safety, innovation, integrity and community service, and offer competitive compensation, benefits and opportunities to build a rewarding career. Primary Purpose of Position: Provide project controls cost engineering support to Directors, Manager of Projects, Project Managers, contractors and other key team members. Develop and monitor annual budgets, actual and forecasted costs, and long-range plans for transmission, substation, distribution and gas (PECO and BGE) projects and programs. Utilize multiple Exelon systems to support budgeting, financial forecasting, actual cost tracking, project authorization, work management, contracts, and material tracking. Prepare comprehensive reports to support business operations, including reauthorization risk, forecast accuracy by Project Managers, program and department, CIAC forecast and analysis, contingency released and remaining, and other requests. Utilize WPT to create PAR forms, ITNs, Project IDs, and update financial plan types. Coordinate project authorization processes including updating decks for all centrally managed projects. Schedule and run monthly project status calls. Track and manage In-Service Dates and Project Aging PIs. Location: Primary Location – 5100 Harding Highway, Mays Landing, NJ 08330, United States. Additional Locations include 401 Eagle Run Road, Newark, DE 19702; 701 9th Street NW, Washington, DC 20068. (Map available where provided.) Primary Duties
Manage project forecasting, accrual, and status processes. Attend required meetings and obtain detailed project information from stakeholders. Identify budget, forecast and authorization issues early and assist in developing resolutions to meet project metrics. (25%) Assist in the development and monitoring of budgets and LRPs for transmission, sub-station, distribution, and gas projects. Monitor, track, and report budgets, forecasts, accruals, and actuals (20%) Manage project and program financial risks and opportunities; provide detailed variance analysis to budget, quarterly plan, and month-over-month results. Support financial challenge meetings with project management. (15%) Develop, organize, and present project and program performance reports for internal and external use. (10%) Schedule and facilitate monthly forecasting and accrual meetings; prepare monthly project accruals and journal entries for project manager review and submittal to Finance, including variance reporting. (10%) Analyze actual and forecast data for accuracy to ensure compliance with internal and external Sarbanes-Oxley audits. (10%) Manage the vendor forecasting process used as input for forecasting and accruals by Project Controls. (5%) Provide support to Project Managers for presentations and forms required for project authorization. (5%) Job Scope
This is an individual contributor position that works independently with general direction, relying on knowledge, skills and judgment to plan and accomplish tasks. The position may mentor less experienced colleagues. Routine interaction with key internal and external stakeholders, executives, directors, managers and staff across the organization. May require extended hours and/or shift work to support business operations. Minimum Qualifications
Bachelor’s degree in Business, Financial or Technical Field. 4-7 years related experience; or in lieu of a Bachelor’s degree, 6-9 years relevant business experience. Comprehensive understanding of applicable standards, methods, processes and practices in the supported functional area (e.g., asset management, electric or gas operations, transmission and substation, etc.). Ability to provide in-depth analysis, forecasting, analytical and statistical problem solving, financial, accounting, and budget analysis. Strong analytical skills for project financial evaluation, risk identification and mitigation; customer-focused with strong communication skills. Knowledge of financial/cost analyst practices, performance analysis, benchmarking and audit compliance. Ability to analyze data, interpret complex problems, and recommend actions to achieve performance targets. (Some items consolidated for clarity.) Preferred Qualifications
Financial advanced degree. 5-8 years project cost tracking experience in electric/gas transmission, distribution, and substation industries. Advanced proficiency in standard software (Word, Excel, Access, PowerPoint, Project) and specialized applications (e.g., WPT, Asset Suite 8, CIS, EPS) to retrieve and analyze data. Proficient in business case development and presenting to leadership. Benefits
Salary range: $84,000.00/Yr. – $115,500.00/Yr. Annual bonus eligibility: 15% 401(k) match and company contributions Medical, dental and vision insurance Life and disability insurance Paid time off, including vacation, sick time, holidays, maternity/parental leave Employee Assistance Program and mental health resources Wellbeing programs and tuition assistance Referral bonus program More benefits available Note: Exelon-sponsored compensation and benefit programs may vary based on length of service, job grade, classification or represented status. Eligibility determined by plan documents. Seniority level
Mid-Senior level Employment type
Full-time Job function
Finance and Sales Industries: Utilities
#J-18808-Ljbffr