Budget Manager - B&P Tunnel Replacement Program

Cornerstone Concilium•Baltimore, MD

12d•Hybrid

About The Position

Manages and oversees the overall program budgets, accruals, actual costs, forecasts, and cost contingency. Collects and reports out on budgets, Commitments, actuals, incurred, contingency, and forecast costs. Works with project management to complete projects within the allocated budget. Identifies cost-saving opportunities and mitigate financial risks in coordination with the risk management team. Maintains the cost control system and ensures cost management procedures remain current, consistently applied, and followed. Analyzes cost data to identify trends and discrepancies. Collects cost impacts for potential changes and implementing changes upon approval. Manages contractor invoice reviews to confirm compliance with contractual financial requirements. Overseas the cost management team to ensure alignment and support is being provided across the program appropriately and effectively. Develops, maintains, and improves cost management processes, procedures, guidelines, and templates. Maintains Project Management Information System (PMIS) Cost Control Module. Oversees coordination with the Commercial team to maintain alignment between the PMIS Cost Controls and Contracts modules. Works with Schedule group to develop and maintain Time-Phased forecasts in alignment with the Master Program Schedule and Contractor cost-loaded schedules. Support the Change Management process by collecting cost impacts for potential changes. Support the Change Management process by working with Estimating to ensure all cost impacts are captured. Support the monthly reporting process by leading Cost Reporting at the Program level including developing and presenting variance analysis. Works closely with Amtrak Finance.

Requirements

15 Minimum Years of Experience required.
Financial acumen
Project cost management expertise
Attention to detail
Communication skills
Problem-solving skills
Expert with MS Excel
Experience with project management software or cost control systems

Nice To Haves

Bachelor’s Degree in Business Administration, Finance, Accounting, or relevant discipline, or, equivalent combination of post – secondary education and training

Responsibilities

Manages and oversees the overall program budgets, accruals, actual costs, forecasts, and cost contingency.
Collects and reports out on budgets, Commitments, actuals, incurred, contingency, and forecast costs.
Works with project management to complete projects within the allocated budget.
Identifies cost-saving opportunities and mitigate financial risks in coordination with the risk management team.
Maintains the cost control system and ensures cost management procedures remain current, consistently applied, and followed.
Analyzes cost data to identify trends and discrepancies.
Collects cost impacts for potential changes and implementing changes upon approval.
Manages contractor invoice reviews to confirm compliance with contractual financial requirements.
Oversees the cost management team to ensure alignment and support is being provided across the program appropriately and effectively.
Develops, maintains, and improves cost management processes, procedures, guidelines, and templates.
Maintains Project Management Information System (PMIS) Cost Control Module.
Oversees coordination with the Commercial team to maintain alignment between the PMIS Cost Controls and Contracts modules.
Works with Schedule group to develop and maintain Time-Phased forecasts in alignment with the Master Program Schedule and Contractor cost-loaded schedules.
Support the Change Management process by collecting cost impacts for potential changes.
Support the Change Management process by working with Estimating to ensure all cost impacts are captured.
Support the monthly reporting process by leading Cost Reporting at the Program level including developing and presenting variance analysis.
Works closely with Amtrak Finance.