Cost Controls Specialist

WSP•Houston, TX

20h•Onsite

About The Position

WSP is seeking a Cost Controls Specialist to join its Project Controls team supporting Power & Energy programs, including transmission line and substation capital projects. The position is based in the Houston office and works collaboratively with project managers, finance teams, schedulers, contractors, and clients. The specialist develops and monitors project cost-control processes and maintains budgets, forecasts, cash flows, reports, accruals, commitments, and financial projections. The role tracks actual costs and supports variance and trend analysis, earned value management, change management, contractor progress tracking, invoice review, contingency management, and project close-out reporting. It also uses cost management and PMIS platforms to produce cost reports, forecast updates, variance summaries, and executive financial dashboards. The selected candidate must be authorized to work in the United States. WSP offers a flexible and agile workplace model while meeting client needs.

Requirements

A bachelor's degree in Business, Finance, Accounting, Engineering, Construction Management, or a related field is preferred; equivalent cost-controls or project-controls experience will also be considered.
5–7 years of experience in cost controls, project controls, finance, or related functions on capital projects.
Working knowledge of earned value management, cost forecasting, budget baselines, cost coding structures, trend analysis, and project financial controls.
Strong analytical, communication, and coordination skills, including the ability to translate cost data into clear updates for project teams, finance partners, contractors, clients, and leadership.
Authorization to work in the United States.

Nice To Haves

Hands-on experience with forecasting, budget tracking, variance analysis, cost reporting, cash-flow tracking, commitments, accruals, and change control.
Experience with cost management, ERP, and PMIS tools such as EcoSys, Procore, Oracle, e-Builder, Autodesk Construction Cloud, or similar platforms.
Experience in the Power & Energy industry, including transmission, substation, or other infrastructure programs.

Responsibilities

Develop, maintain, and monitor project cost-control processes for transmission line, substation, and related Power & Energy projects.
Prepare and maintain project budgets, forecasts, cash flows, cost reports, accruals, commitments, and financial projections.
Track actual costs, commitments, contingency, change orders, invoices, and cost coding.
Perform cost variance analysis, trend analysis, and earned value management support; identify cost risks and recommend corrective actions.
Use cost management and PMIS platforms to manage budgets, forecasts, commitments, change orders, invoices, and cost reports.
Produce regular cost reports, budget variance summaries, forecast updates, and executive-level financial dashboards communicating cost status, risks, and decisions needed.
Support change management, contractor progress tracking, invoice review, contingency management, and project close-out reporting from a cost-controls perspective.