Project Cost Analyst, Transmission (Hybrid Schedule)

Eversource EnergyWestwood, MA
Hybrid

About The Position

Eversource supports work-life balance by offering hybrid schedules for certain roles. Eligibility is based on job responsibilities, operational needs, nature of work and team dynamics. Current guidelines require employees to work at least three days in the office, including Tuesdays and Wednesdays, with the third day set by the employee and supervisor based on department needs. These guidelines apply to roles approved for remote work and are subject to change, based on managerial discretion and work performance. All applicants must be able to work up to five days in the office if needed (for example: emergencies, training, or other business needs) or should the policy change. Our Project Cost Analyst monitors, maintain and report on budgets, contracts, and other financial issues for Eversource Transmission projects in the Eversource Transmission Project Management Organization. Responsible for obtaining, providing, and implementing information and recommendations to meet project goals and positively influence project direction. Perform cost forecasting, monitoring and control activities including the preparation of cost performance and productivity reports, analysis of supporting data, variance reporting and special studies. Work with project estimates and cash flow/budgets to monitor and communicate status and completion costs for projects and individual contractors. Evaluate and report the cost impact of scope changes and/or productivity changes and recommend corrective actions, as necessary. Understand and apply project management theories and methodologies and utilize a variety of related project Essential Functions: Works with project estimates and cash flow/budgets to monitor and communicate status, variances, trends and completion costs for projects and individual contractors. Reports corrective action, as necessary. Assists in the review of bid specifications, change orders, invoices and performance for vendors, contractors, and material contracts. Evaluates and reports the cost impact of scope changes and/or productivity changes. Coordinates the preparation of project work orders or purchase orders as required. Provides cost engineering liaison and interface for projects with financial and tax departments, Plant and General Accounting and Eversource Purchasing and Stores. Evaluates and reports the cost impact of scope changes and/or productivity changes. Compares and evaluates cost of similar projects with other utilities to provide an analysis of Eversource performance compared with other utilities (benchmarking). Provides actual man-hour, quantity, and productivity input to Planning and Scheduling to assist in identifying project forecasted activity durations. Establishes and maintains a Project Cost Commitment Program which monitors actual vs. estimated cost of purchase orders.

Requirements

  • Three (3) plus years of experience in cost is required.
  • Competency in Eversource's accounting methods and budgeting process and systems including UVLs and Microsoft software, especially Excel, is desirable.
  • Strong analytical skills for evaluation of estimates, budgets, cash flows, plans and schedules to effectively control cost.
  • Sound knowledge of cost and schedule specification requirements, contracts administration techniques, types of contracts and contract applicability.
  • Ability to efficiently interface with, communicate and coordinate activities with Eversource management, project management and support personnel.
  • Ability to prepare clear and concise reports using written, oral or graphical means.
  • Bachelor's degree or the equivalent work experience is required.
  • Degree in finance strongly preferred.

Nice To Haves

  • Familiarity with the "Project Management Institute's Body of Knowledge" is highly desirable.

Responsibilities

  • Monitors, maintains, and reports on budgets, contracts, and other financial issues for Eversource Transmission projects.
  • Obtains, provides, and implements information and recommendations to meet project goals.
  • Performs cost forecasting, monitoring, and control activities.
  • Prepares cost performance and productivity reports, analyzes supporting data, and performs variance reporting and special studies.
  • Works with project estimates and cash flow/budgets to monitor and communicate status and completion costs for projects and individual contractors.
  • Evaluates and reports the cost impact of scope changes and/or productivity changes and recommends corrective actions.
  • Assists in the review of bid specifications, change orders, invoices, and performance for vendors, contractors, and material contracts.
  • Coordinates the preparation of project work orders or purchase orders.
  • Provides cost engineering liaison and interface for projects with financial and tax departments, Plant and General Accounting, and Eversource Purchasing and Stores.
  • Compares and evaluates the cost of similar projects with other utilities for benchmarking.
  • Provides actual man-hour, quantity, and productivity input to Planning and Scheduling.
  • Establishes and maintains a Project Cost Commitment Program.

Benefits

  • Competitive total rewards program
  • Salary is commensurate with your experience.
  • This position is eligible for a potential incentive.
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