Project Cost Control Analyst

NYPA•White Plains, NY

7d•$81,000 - $101,000

About The Position

The Project Cost Control Analyst evaluates, monitors, and coordinates cost and scheduling control activities for assigned projects. The role communicates with Project Owners, construction management field staff, vendors, contractors, and other Power Authority support staff regarding project cost and scheduling, and oversees project delivery from a cost management perspective. It supports project delivery through budgeting, cost forecasting, and analysis through project closeout. The position also provides cost information and guidance to project teams, helps ensure sound project cost management practices, and coordinates cost updates with project schedules to assess the effects of schedule changes on project cash flow and milestones. The role may require travel primarily within New York State to NYPA facilities to support construction activities and monitor equipment installation and commissioning.

Requirements

Bachelor’s degree.
Minimum of 3 years of related work experience.
Experience using Microsoft Office tools such as Excel, Word, and Outlook.
Ability to provide cost control support for assigned projects with minimal supervision.
Knowledge of cost management principles and fundamentals, and ability to keep up with industry changes and advancements.
Excellent interpersonal and time management skills.
Ability to focus on data results and analysis.
Ability to communicate complex data and processes to stakeholders who may be less familiar with them.
Strong project cost control skills.
Ability to travel to NYPA facilities to support construction activities and monitor equipment installations and commissioning for the required length of time.

Nice To Haves

Experience with Microsoft Project.
Significant experience managing projects or conducting project analysis.

Responsibilities

Participate in developing work breakdown structures based on approved estimates to initiate and update project funding authorizations.
Develop and update project cash flow reports, variance reports, and monthly accrual reports.
Assist Project Owners with cost information for Trustee Items and develop the itemized pricing section of bid specifications.
Serve as the point of contact for project teams on project financial matters.
Ensure project teams follow best practices for project cost management.
Coordinate with internal and external stakeholders on cost information.
Maintain department procedures.
Monitor and verify project invoices and partial estimates, and ensure accurate and timely payments.
Assist in processing Additional Work Authorization Change Orders, claims, and related matters.
Coordinate cost updates with project schedules to monitor project progress and analyze the effects of schedule changes on cash flow and milestone dates.
Support assigned projects with cost control and cost management through budgeting, forecasting, analysis, and closeout.