Capital Cost Controls Budget Analyst

The Project Budget Analyst will collaborate with project teams to develop and manage the total project cost, encompassing commitments, projected cost data, and budgets. This role also involves comprehensive project cost reporting and variance analysis to ensure financial accuracy and efficiency.

 

JOB REQUIREMENTS: (Education, Experience, Knowledge, Skills)

Bachelor’s degree in Accounting, Finance, Business Administration, or a related field. Advanced degree or certification(s) (MBA, CPA, PMP, AACE) is preferred. Business degree and/or 5-10 years of experience in job cost accounting in an operating power plant facility or construction company 3-5 years of experience as an Analyst with detailed use of work breakdown and cost codes. Proficient in cost management/control of EPC (Engineering, Procurement, Construction) projects. Proficiency in financial software and Microsoft Office Suite, particularly Excel. Experience with accounting practices involving capital and O&M determinations.  Experience with accrual-based accounting and correction journals.  Experience with contract administration and computer-based job costing. Experience working in a team-oriented, collaborative environment. Experience with Powerplan, Maximo, and Oracle preferred. Experience in preparing and presenting outage reporting preferred. Nuclear experience strongly preferred. Experience with developing dashboards utilizing Power BI strongly preferred.

 

MAJOR JOB RESPONSIBILITIES:   

Cost Management and Reporting: Work with budget owners to develop the forecast, and budget for assigned projects/departments. Leverage cost comparison data and financial dashboards to analyze project performance trends and conduct variance analysis for various projects. Serve as the cost expert on their assigned teams. Oversee the Work Breakdown Structure (WBS) and owner’s accounting system code structures to ensure accurate accounting of actual costs. Monitor project commitments and expenditures for correct cost coding; interface with financial and accounting departments to correct errors in the commitment or payment process. Evaluate scopes of work and cost requests to determine their eligibility for capitalization according to the company's requirements. Build essential relationships within the department and across functions to gather critical information that impacts project costs. Review monthly project cost reports with Project Managers and others to ensure projections are complete and accurate. Provide training and oversight to supplemental workers and assess the quality of their work and deliverables. Assist and coordinate the implementation of standard cost/portfolio reporting and practices.  Collaborate with other project team members to integrate essential inputs, including estimates, schedules, and purchase orders, into project projections and budgets. Keep track of all scope changes and ensure they are included in the project cost report and properly forecasted. Coordination and Implementation:

 

Working Conditions: May be required to support refueling outage cost reporting and work additional straight time per company policies.