Budget Manager - B&P Tunnel Replacement Program

Cornerstone Concilium; Baltimore (MD); Hybrid; USD 110,000 - 160,000; Full time

Job summary

Cornerstone Concilium seeks an experienced cost management professional to oversee budgets, accruals, and forecasts for multiple programs. You will collect critical cost data, drive variance analyses, and partner with project management and the Commercial/Risk teams to optimize financial performance.

The role requires a Bachelor’s degree with 15+ years of experience in cost control, advanced Excel skills, and familiarity with PMIS or similar cost management systems.

Qualifications

• Candidates should have a Bachelor’s degree in a relevant field and substantial cost-control experience.
• Minimum 15 years of experience in cost management or related roles.
• Strong problem-solving abilities and advanced MS Excel proficiency.
• Experience with project management software or cost control systems is required.

Responsibilities

• Oversee overall program budgets, accruals, actual costs, forecasts, and contingency.
• Collect and report on budgets, commitments, actuals, incurred costs, and forecast costs.
• Collaborate with project management to keep projects within budget and identify cost-saving opportunities.
• Maintain cost control system and ensure procedures are current and followed.
• Analyze cost data to identify trends and discrepancies; coordinate with risk management.
• Develop, maintain, and improve cost management processes, guidelines, and templates.
• Lead cost reporting at the program level and present variance analyses.

Skills

Problem-solving

MS Excel expert

Experience with project management or:

Education

Bachelor’s Degree in Business Administration, Finance, Accounting, or relevant discipline

Post-secondary education and training equivalence

Tools

PMIS Cost Control Module

Cost management software

Job description

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• Manages and oversees the overall program budgets, accruals, actual costs, forecasts, and cost contingency.
• Collects and reports out on budgets, Commitments, actuals, incurred, contingency, and forecast costs.
• Works with project management to complete projects within the allocated budget. Identifies cost-saving opportunities and mitigate financial risks in coordination with the risk management team.
• Maintains the cost control system and ensures cost management procedures remain current, consistently applied, and followed.
• Analyzes cost data to identify trends and discrepancies.
• Collects cost impacts for potential changes and implementing changes upon approval.
• Manages contractor invoice reviews to confirm compliance with contractual financial requirements.
• Overseas the cost management team to ensure alignment and support is being provided across the program appropriately and effectively.
• Develops, maintains, and improves cost management processes, procedures, guidelines, and templates.
• Maintains Project Management Information System (PMIS) Cost Control Module.
• Oversees coordination with the Commercial team to maintain alignment between the PMIS Cost Controls and Contracts modules.
• Works with Schedule group to develop and maintain Time-Phases forecasts in alignment with the Master Program Schedule and Contractor cost-loaded schedules.
• Support the Change Management process by collecting cost impacts for potential changes.
• Support the Change Management process by working with Estimating to ensure all cost impacts are captured.
• Support the monthly reporting process by leading Cost Reporting at the Program level including developing and presenting variance analysis.
• Works closely with Amtrak Finance

Preferred Qualification:

• Bachelor’s Degree in Business Administration, Finance, Accounting, or relevant discipline, or, equivalent combination of post – secondary education and training
• 15 Minimum Years of Experience required.
• Problem-solving skills
• Expert with MS Excel
• Experience with project management software or cost control systems

Position Location: a minimum 3 days per week in person at the Integrated Program Office in Baltimore