Controls Specialist / Senior Controls Specialist (Richmond, Hybrid)

Dominion EnergyRichmond, VA
$73,200 - $118,100Hybrid

About The Position

The Controls Specialist is responsible for supporting cost control, forecasting, budgeting, reporting, and financial analysis for assigned capital projects within the Project Construction Thermal Portfolio. This role partners with project managers, contractors, vendors, and internal business groups to monitor project performance, identify risks and variances, support month-end close activities, and provide timely, accurate information to management for decision-making. Develop, maintain, and analyze project forecasts, cash flows, budgets, and cost reports for assigned capital projects. Monitor actual costs, commitments, schedule activity, and contractor performance to identify trends, variances, and forecast risks. Review contracts, purchase orders, change orders, invoices, requisitions, and payment requests for proper scope, documentation and cost impact. Support month-end close by validating costs, coordinating accruals, obtaining estimates for unbilled work, and meeting required deadlines. Prepare clear financial updates, variance explanations, and summary reporting for project teams and management. Coordinate with project managers, contractors, vendors, and internal groups to resolve cost control, forecasting, and reporting matters.

Requirements

  • Controls Specialist 2-3 years of relevant experience in project controls, cost management, finance, construction, engineering, or a related field
  • Senior Controls Specialist 5–6+ years of relevant experience in project controls, cost management, finance, construction, engineering, or a related field
  • Strong understanding of cost control principles, forecasting, budgeting, accruals, variance analysis, and project reporting.
  • Ability to review contracts, invoices, purchase orders, change orders, and financial data with accuracy and attention to detail.
  • Strong analytical, problem-solving, decision-making, communication, and presentation skills.
  • Ability to manage multiple priorities, meet deadlines, and work effectively with employees, contractors, vendors, and leadership.
  • Proficiency with SAP, Microsoft Excel, and other project controls, financial reporting, or data analysis tools preferred.

Responsibilities

  • Follow established Project Controls policies, procedures, reporting standards, and financial governance requirements.
  • Maintain project financial data using SAP and other approved tools, ensuring actuals and forecasts are accurate and current.
  • Analyze monthly cost performance and cash flow activity, including material deliveries, contract spend, labor, surcharges, and other project cost drivers.
  • Identify significant cost or schedule impacts and communicate risks, mitigation options, and recommended actions to management.
  • Lead or participate in financial reviews, project status meetings, and regular touchpoints with project managers and contractors.
  • Partner with Accounting, Legal, Supply Chain, Treasury, Corporate Finance, and other internal stakeholders to resolve project financial matters.
  • Prepare ad hoc analysis, presentations, and supporting documentation as needed for project leadership and management review.

Benefits

  • health, dental, and vision benefits with coverage for families and domestic partners
  • vacation
  • retirement plans including 401k contributions and matches
  • paid holidays
  • tuition reimbursement
  • bonus eligibility
  • sick leave
  • disability insurance
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