Principal Supervisor - Project Cost Analyst

DTE Energy • Detroit, MI

1d • Hybrid

About The Position

Provides strategic leadership to a team of professionals responsible for financial forecasting and supporting Capital Projects from planning through execution to close-out phases. Leads the development and execution of Cost Analyst functions, including managing project accruals, enforcing adherence to accounting policies, and shaping accurate project forecasts based on performance metrics, estimates, and schedules. Delivers comprehensive analyses, including detailed variance reporting and insightful commentary, while fostering collaboration across key departments, such as DTE Controllers, Project Management, Supply Chain, and Logistics. Inspires and empowers the team to achieve financial excellence and drives impactful insights into organizational performance. Span of control: Leads a team of 5-15 individual contributors.

Requirements

• Bachelor's degree in Business, Accounting, Finance, Project Management or Construction Management
• 8 years of job relevant experience in construction management, project management, financial analysis, accounting, scheduling, or estimating.
• 2 years of formal or informal leadership leading projects or teams.
• Proficiency in Excel, Word, and SAP sufficient to apply/support them with minimal instruction or guidance; this level of proficiency is typically attainable through 3+ year(s) of substantive experience with the applications.
• Ability to apply project planning & implementation and/or continuous improvement principles to affect tangible, positive outcomes.
• Intermediate-to-advanced analytical, problem solving and project management skills.
• Experience in operating system software utilized by the Corporation (e.g., Maximo, SAP R/3, SRM, BW)

Nice To Haves

• MBA, CPA, and/or Master’s in Accounting, Finance, Project Management, Construction Management.
• Professional certification in cost control (Association for the Advancement of Cost Engineering or equivalent).
• Analyze complex financial data & develop optimal recommendations & solutions.
• Collaborate within a 'team' and/or 'matrixed' structure, supporting multiple clients, procedures & policy.
• Well-developed organization and planning skills (typically acquired through at least 5 years of experience).

Responsibilities

• Promotes the development of advanced financial models and tools to enhance cost control processes.
• Collaborates cross functionally on financial and economic analysis, project and risk management, project budget and forecasting, monthly accrual determination and variance analysis.
• Partners directly with construction crew and contract labor leadership to understand and drive project timelines, manage project spend, work order completions, and hold crews accountable to percent of work completed according to project plans.
• Provides support to team members on in-depth strategic analysis of work execution across various inputs i.e. contractor oversite tasks, construction status, project schedules, milestone payments, and contracting strategies to solve various problems and propose solutions.
• Communicates project status, areas for improvements, and financial overview on a regular basis with project management leadership.
• Establishes relationships with vendors and monitors vendor performance to ensure quality of service is met with project timeline and company standards.
• Manages forecasted labor needs, purchase material, inventory management, number of construction crews needed on a project and when, as well as foreign/contractor crew management based on project needs.

What This Job Offers

• Job Type: Full-time
• Career Level: Principal