Construction Project Controls Specialist IV Cost Analyst

CLMI Group; Los Angeles (CA); On-site; USD 110,000 - 150,000; Full time

Benefits offered by this job

Health Care Plan (Medical, Dental & Vision)

Retirement Plan (401k)

401k Matching

Paid Time Off

Short Term / Long Term Disability / Life

Job summary

A financial consultancy is seeking a Project Controls Specialist IV (Cost Analyst) to manage project budgets and forecasts, ensuring compliance with standard procedures. Candidates should have 7-10 years of experience, a relevant degree, and strong analytical skills. Familiarity with advanced tools like Excel, e-Builder, and Power BI is essential. The role offers comprehensive benefits and a competitive compensation package based on experience and location. Join to lead financial oversight on vital projects in Los Angeles.

Qualifications

• 7 - 10 years of experience in project controls.
• Strong proficiency in financial modeling and Excel.
• Ability to tackle complex financial data.
• Proficiency in financial modeling and advanced Excel functions.
• Exceptional attention to detail and accuracy in data analysis and reporting.
• Clear communication of complex financial concepts to non-financial stakeholders.
• Proven ability to work independently and meet tight deadlines.

Responsibilities

• Oversee project budgets and forecasts.
• Participate in monthly EAC meetings.
• Conduct cost variance analyses.
• Conduct cost variance analyses and monitor trends and mitigation plans.
• Review budgets, expenditures, and cost reports across funding sources.
• Collaborate with schedulers to evaluate cost and schedule performance.

Skills

Analytical capabilities

Proficiency in financial modeling

Attention to detail

Problem-solving skills

Communication with non-financial stakeholders

Business acumen

Education

BS/BA Degree in relevant field

Tools

Excel

Power BI

Data Warehousing solutions

e-Builder

DELTEK

Proliance

Job description

Position Title: Project Controls Specialist IV (Cost Analyst)

Location: Los Angeles Community College District: Los Angeles, CA - (On-Site: Program Management Office) - Candidates must be willing and able to commute to the Los Angeles, CA office

Due Date: 1/21/26

Position description

• Oversee the integrity and accuracy of project budgets and forecasts in compliance with approved standard operating procedures.
• Actively participate in monthly EAC (Estimate at Completion) meetings, ensuring accurate validation, reviewing current EACs, and providing justification for any variances.
• Contribute to change management discussions by identifying emerging trends, risks, and exposure factors.
• Engage in Risk Assessment workshops, offering insights on potential financial impacts and identifying mitigation strategies.
• Conduct thorough cost variance analyses to identify trends and proactively address any potential budget impacts.
• Continuously monitor trends and associated mitigation plans, comparing projected versus actual performance over time.
• Review project budgets and expenditures, ensuring alignment with diverse funding sources and financial goals.
• Collaborate closely with schedulers to evaluate cost and schedule performance, identifying cost overruns, delays, and variances in planned versus actual expenditures.
• Review and analyze monthly cost reports and progress reports to ensure alignment with project financial objectives.
• Analyze staffing plans to identify potential cost impacts, such as excessive peaks, and provide recommendations for optimizing resource allocation.
• Validate cost coding and budget allocations for contract change orders and amendments, assessing potential impacts on project timelines and financials.
• Ensure that contracts, purchase orders, task order, change orders, and amendments are accurately budgeted and reported, with proper cost coding and financial oversight.
• Enforce cost management policies and procedures for capital projects, especially those with multiple funding sources.
• Allocate Estimate to Complete (ETC) amounts as required for PBA (Project Budget Adjustments), change orders, and other financial adjustments.
• Manage and monitor ETCs for each project to ensure timely and accurate tracking of financial changes.
• Create comprehensive reports related to budgeting, cost control, auditing, and asset tracking, utilizing systems like e-Builder, Proliance, DELTEK, and other relevant platforms used by the Program Management Office.
• Work closely with Project Managers and Construction Managers to maintain data coding structures, project control tools, and high-quality data for budgets, contracts, change orders, trends, and actual costs.
• Conduct budget and financial reconciliations, ensuring alignment between project forecasts, expenditures, and actual costs. Address discrepancies and implement corrective actions as necessary.
• Support management with the preparation of regular budget and cost reports, ensuring clarity and accuracy.
• Assist with preparing regular and ad hoc reports on project budgets, financial status, and forecasting for senior leadership.
• Provide support for weekly/monthly cost and status reports, keeping project teams informed of financial performance.
• Perform necessary data entry tasks related to budget and forecast updates.
• Develop and maintain change management logs in accordance with established processes and procedures.
• Travel to offsite project locations as required.
• Undertake additional duties and special projects assigned.

Requirements

Minimum Required Qualifications

• 7 - 10 years minimum recent professional experience in project controls, particularly on a capital construction program.
• BS/BA Degree in Business Administration, Engineering, Project Management, Construction Management, and/or related degree. Additional years of qualifying experience in excess to the minimum stated above may be substituted in lieu of formal education.
• Strong analytical capabilities, with the ability to organize and interpret complex financial data.
• Proficiency in financial modeling and advanced Excel functions.
• Exceptional attention to detail, ensuring accuracy in data analysis and reporting.
• Advanced problem-solving skills and a strategic approach to financial management.
• Ability to communicate complex financial concepts clearly to non-financial stakeholders.
• Proven track record of working independently and meeting tight deadlines.
• Strong business acumen and understanding of organizational financial goals and objectives.
• Comfortable working in a fast-paced, dynamic environment.
• Proficiency in using Microsoft Office applications, including Word, Excel, PowerPoint, and Outlook, and the ability to perform tasks such as creating documents, analyzing data, preparing presentations, and managing emails efficiently is expected.

Preferred Qualifications

• Advanced proficiency with program management software including e-Builder, DELTEK, Proliance, and other related platforms, with demonstrated ability to leverage these tools for complex cost management, project tracking, and data reporting.
• Expertise in business intelligence and analytics tools, specifically Power BI and/or Tableau, for the creation of comprehensive, real-time cost reports, dashboards, and visualizations that facilitate strategic decision-making.
• Hands-on experience with Data Warehousing solutions, demonstrating the ability to integrate and manage large volumes of financial and project data for analytical purposes and reporting.
• Strong understanding of cost control and budgeting principles within the context of large-scale projects, with a proven track record of utilizing specialized software to streamline cost analysis, forecasting, and variance reporting.
• In-depth knowledge of project management methodologies and the ability to collaborate with cross-functional teams to develop and maintain accurate project cost baselines, financial projections, and cost forecasts.
• Demonstrated ability to integrate multiple data sources from various project management and financial systems to create cohesive and accurate financial reports for stakeholders.
• Ability to troubleshoot and resolve system integration issues across project management software and financial reporting tools, ensuring seamless data flow and accuracy in financial reporting.

Offered rate of compensation will be based on a variety of non-discriminatory factors, including education, qualifications, experience, and geographic location.

Benefits

• Health Care Plan (Medical, Dental & Vision)
• Retirement Plan (401k)
• 401k Matching
• Paid Time Off (Vacation, Sick & Public Holidays)
• Short Term / Long Term Disability / Life