American Electric Power Company-posted 3 months ago
$72,380 - $90,474/Yr
Mid Level
Tulsa, OK
5,001-10,000 employees
Utilities

This role will be responsible for coordinating project cost analysis and controls for team activities supporting the Project Managers (PMs), or other staff, including overseeing the cost reporting for multiple projects and monitoring project budgets to assure accurate depiction of project cost on large and complex projects under minimal supervision. Responsibilities include input of budgets within the AEP corporate systems, providing ongoing forecast updates and variance analysis at the program and project levels, input and tracking of key performance indicators, and working collaboratively with project teams to implement project management best practices throughout the project lifecycle. Provides communication and develops partnerships with internal and external customers. As a senior member of the team, expectations include developing/conducting training, leading continuous process improvement efforts and developing tools and processes utilized within the work group. Depending on the assigned business unit, this position might also be responsible for creation of work orders and having direct interface in coordinating with external contractors and vendors to integrate these parties into the overall project budget and schedule.

  • Coordinate project meetings and work with project team members on project activities.
  • Support the PM in the preparation and updating of project documentation and planning.
  • Prepare forecasts of project spending and cash flows, budget variance monitoring, cost tracking/analysis.
  • Provide analysis and verification for Sarbanes Oxley (SOX) activities and assist with providing input to annual budget, capital forecasts, five-year plan and improvement requisitions.
  • Perform estimate vs. actuals analysis.
  • Collaborate with Project Management (PM), and other vested parties to perform variance reporting and/or establish original baseline budgets that are time-phased with dates from the system schedule.
  • Create project breakdown structures.
  • Perform some departmental organizational functions when necessary and as assigned.
  • Assist in the contracting process including bidding activities, analysis of cost, cost tracking, etc.
  • Communicate with project team, resources, and other internal and external stakeholders on various budgetary items.
  • Work independently in resolving moderately complex problems.
  • Develop and compile Key Performance Indicators (KPIs) that are measurable outcomes.
  • Lead the administration of the AEP project/work management organizational standards.
  • Provide training and guidance to lower-level employees as appropriate.
  • Recommend improvements that enhance the role, project performance, and AEP's performance.
  • Bachelor's degree in Accounting, Business, Construction Management, Engineering, Technology, Project Management or a related discipline plus four (4) years' qualified experience required OR
  • Associate's degree in Accounting, Business, Construction Management, Engineering, Technology, Project Management or a related discipline plus six (6) years' qualified experience OR
  • High School Diploma or GED and four (4) years' experience as a Project Cost Analyst.
  • Qualified experience includes utility specific operations knowledge/experience with a good working knowledge of work processes and procedures.
  • Experience in design, operations, planning, project management, cost tracking analysis, forecasting, project budgets, working with accounting principles, and/or construction or maintenance of systems and/or equipment.
  • Demonstrate ability to manage time effectively and efficiently.
  • Demonstrates an advanced level of technical knowledge related to writing and verbal communication.
  • Proficient in use of computer and MS Office products including Word, Excel, Outlook and PowerPoint.
  • Some travel, including overnight, may be required.
  • Experience with corporate accounting and project cost management systems, construction environments, earned value management, and scheduling systems is required.
  • A professional or trade certification such as a CCMP, CETa, IQCP, PMP, RMP, etc. is preferred at the Principal level.
  • Competitive compensation package.
  • Comprehensive benefits package aimed to support and enhance the overall well-being of employees.
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