Senior Cost & Contract Management Specialist

San Juan Regional Medical CenterMount Laurel, NJ

About The Position

The position plays a critical role in ensuring financial discipline and contractual integrity across projects at SJI Renewable Energy Ventures, LLC (“SJI REV”). The role is responsible for overseeing project cost control, contract administration, and financial compliance throughout the project lifecycle. The position ensures that budgets, procurement processes, and contractual obligations are effectively managed to support project objectives while minimizing financial and contractual risks. The specialist collaborates with project managers, procurement teams, and vendors to monitor costs, review contract terms, manage variations and ensure adherence to company policies, regulatory requirements, and industry best practices.

Requirements

  • Advanced knowledge of ERP systems (i.e., Workday) and project management software (i.e., Procore)
  • Advanced MS Excel skills for data analysis and financial reporting
  • Strong understanding of GAAP requirements
  • Superior analytical, organizational, and communication (written/verbal) skills
  • Proven ability to learn quickly and work well under pressure with appropriate attention to detail
  • Robust contract management skills including risk mitigation, compliance, and financial acumen
  • Ability to manage multiple priorities in dynamic environment
  • Strong collaboration skills to work with internal and external stakeholders
  • Bachelor’s Degree in Finance, Accounting, Construction Management, or a business-related field
  • 5+ years of experience in cost management, project controls, or contract administration
  • Or, Master's degree and 3 years in cost management, project controls, or contract administration
  • Equivelent experience may be considered in lieu of degree

Responsibilities

  • Administer the full lifecycle of contracts to ensure alignment with organizational standards and compliance with legal requirements
  • Manage month-end accrual processes ensuring expenses are recorded in the period incurred
  • Review, approve, and process purchase orders and/or supplier invoices, comparing against contractual terms to ensure accurate billing, identifying discrepancies, and controlling costs
  • Maintain, track, and report on project and/or cost center budgets, analyzing variances and providing actionable insights for cost-saving measures
  • Support annual budgeting, forecasting, and financial planning processes by providing operational cost analysis and performance trend insights
  • Develop and implement standardized business process workflows, templates, and tools to ensure cost control, compliance, and consistency across the SJI REV organization
  • Conduct regular vendor meetings to review expected and actual invoiced costs; periodically evaluate vendor performance against Service Level Agreements and ensure compliance with contract terms
  • Perform deep dives into vendor proposals, analyze cost breakdowns, standardize vendor submission and invoice validation processes
  • Review financial statements monthly to identify performance drivers and recommend corrective actions that drive P&L and B/S accountability

Benefits

  • Flexible vacation, Paid Time Off, and Sick Leave package
  • Comprehensive Health, Dental, and Vision Insurance
  • Short-term and Long-term Disability Insurance
  • 401(k), with generous company match
  • Employee Resource Groups to encourage employee engagement, nurture professional development, and foster an inclusive environment.
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service