Project Cost Control Analyst

NEW YORK POWER AUTHORITY•City of White Plains, NY

1d•$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 costs and schedules, and oversees project delivery from a cost management perspective. The analyst supports project delivery through budgeting, cost forecasting, analysis, and project closeout.

Requirements

Bachelor's degree.
At least 3 years of related work experience.
Experience using Microsoft Office tools such as Excel and Word.
Ability to provide cost control support for assigned projects with minimal supervision.
Knowledge of cost management principles and fundamentals, and willingness to keep up with industry changes and advancements.
Excellent interpersonal and time management skills.
Ability to focus on data and the results of data 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 as long as needed.

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 the team follows 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, ensuring accurate and timely payments.
Assist with processing Additional Work Authorization Change Orders, claims, and related items.
Coordinate cost updates with project schedules to monitor project progress and analyze how schedule changes affect project cash flow and milestone dates.