Cost Control Specialist

Goodwin Recruiting; Chicago (IL); On-site; USD 90,000 - 140,000; Full time

Benefits offered by this job

401k with match

Medical Insurance

PTO included

Bonus potential

Professional development

Job summary

Goodwin Recruiting is seeking a Cost Control Specialist in Chicago to support project financial management for transmission, energy, and infrastructure initiatives.

You will manage project budgets, prepare EAC forecasts, and lead monthly cost reviews with project teams and leadership, ensuring expenditures align with budgets. On-site role with a focus on accurate reporting and risk mitigation.

Qualifications

• Bachelor's degree in Engineering, Finance, Construction, or related field.
• 10 years of experience in project controls, project management support, or finance/accounting roles.
• Experience coordinating projects involving multiple stakeholders.
• Strong financial reporting and cost tracking skills.
• Ability to analyze project budgets and support financial forecasting.
• Eligible to work in the United States without visa sponsorship now or in the future.

Responsibilities

• Manage and maintain project budgets and financial forecasts.
• Prepare and update EAC forecasts for active projects.
• Perform monthly cost reporting and financial reviews with project teams and leadership.
• Monitor project expenditures and identify financial risks and mitigation strategies.
• Support procurement activities including supplier setup, purchase requisitions, and purchase orders.
• Manage invoice processing and ensure accurate financial documentation.
• Track vendor and subcontractor expenditures to ensure project costs are properly recorded.
• Coordinate with project teams and stakeholders to maintain financial alignment throughout the project lifecycle.
• Prepare ad-hoc financial reports and analysis as requested by management.

Skills

Financial reporting

Cost tracking

Forecasting

Stakeholder coordination

Analytical skills

Education

Bachelor's degree in Engineering, Finance, Construction, or related field

Tools

Oracle Fusion

EcoSys

Oracle Primavera

Job description

Cost Control Specialist

Location: Chicago, IL (On-Site)

A growing energy and infrastructure project management firm is seeking a Cost Control Specialist to support project financial management for transmission and renewable energy projects. This role plays a critical part in managing project budgets, maintaining accurate cost forecasts, and supporting project management teams during development and construction phases.

The Cost Control Specialist works closely with project managers, procurement teams, and financial stakeholders to ensure project expenditures are properly tracked, reported, and aligned with overall project budgets.

What You Will Do

• Manage and maintain project budgets and financial forecasts
• Prepare and update Estimate at Completion (EAC) forecasts for active projects
• Perform monthly cost reporting and financial reviews with project teams and leadership
• Monitor project expenditures and identify potential financial risks and mitigation strategies
• Support procurement activities including supplier setup, purchase requisitions, and purchase orders
• Manage invoice processing and ensure accurate financial documentation
• Track vendor and subcontractor expenditures to ensure project costs are properly recorded
• Coordinate with project teams and stakeholders to maintain financial alignment throughout the project lifecycle
• Prepare ad-hoc financial reports and analysis as requested by management

Required Qualifications

• Bachelor's degree in Engineering, Finance, Construction, or a related field
• 10 years of experience in project controls, project management support, or finance/accounting roles
• Experience coordinating projects involving multiple stakeholders
• Strong financial reporting and cost tracking skills
• Ability to analyze project budgets and support financial forecasting
• Eligible to work in the United States without visa sponsorship now or in the future

Preferred Experience

• Experience with Oracle Fusion, EcoSys, or Oracle Primavera
• Experience supporting construction, infrastructure, or energy projects
• Earned Value Management or project scheduling exposure
• Strong analytical, problem-solving, and organizational skills
• Experience working in collaborative project environments

Benefits

• 401k with 4% employer match (eligible after 60 days)
• Medical Insurance - Blue Cross Blue Shield
• Dental & Vision Insurance - Guardian
• PTO - 18 days annually with increases each year
• 7 paid holidays
• Gym reimbursement - $40
• Competitive compensation and discretionary bonus