Cost Technician

AllSTEM Connections; Valparaiso (IN); Hybrid; USD 70,000 - 90,000; Full time

Job summary

AllSTEM Connections in Indiana is seeking a cost control professional to manage project cost data, timesheets, and invoice verification. The role supports budget development and forecasting with cross-department collaboration.

The position operates on a hybrid schedule with in-office and remote work, requiring coordination with Project Managers and departments to ensure accurate cost reporting and timely payment approvals.

Qualifications

• Experience in cost control and reporting for multi-department projects.
• Ability to consolidate and present cost data for project decision making.
• Experience verifying invoices against contracts and timesheets.

Responsibilities

• Establish lines of communication with departments to integrate information for accurate reporting.
• Disseminate cost information to enhance project decision making.
• Communicate with suppliers and project staff to resolve invoice discrepancies.
• Monitor, share and analyze data for accurate project forecasting.
• Assist in annual budget development and related reporting.
• Assist in reviewing contracts for cost tracking and forecasting.
• Develop project controls guidelines and tools.
• Support implementation of cost preventive action.
• Prepare standard and special cost reports for stakeholders.
• Provide reports and insights on core cost needs and reporting.

Skills

Communication skills

Cost reporting

Data analysis

Stakeholder communication

Budget development

Education

High school diploma

Post-secondary education

Tools

Time tracking software

Job description

The work schedule for the position is hybrid - M/F work from home, T/W/Th in office. Hours can be 7:30-3:30 or 8:00-4:00. Additional in office days are required at end of month and beginning of month.

Responsibilities:

• Establish lines of communications with various departments to integrate information to facilitate accurate reporting.
• Utilize effective communication processes to disseminate relevant and timely cost information to enhance project decision making.
• Communicate with suppliers, project staff, and other stakeholders to resolve invoice discrepancies or other cost tracking issues.
• Work with multiple departments to monitor, share and analyze data resulting in more accurate project forecasting.
• Assist in annual budget development, preparation, and associated reporting.
• Assists in contract review with project staff to facilitate understanding of contract and related unit codes/cost to ensure more accurate project cost tracking and forecasting.
• Develop or assist in development of project controls guidelines, standards, processes, job aids and tools.
• Works to implement cost preventive action.
• Perform standard project and special project cost reporting as required by the project stakeholders; compiles and produces cost reports as required and directed.
• Apply proficiency in effective communication and assessing project stakeholders for their core and special cost reporting, cost assessment, and cost analysis needs and provide those stakeholders with optimum communication, information, and reporting.

Requirements:

• Maintain multiple project cost control data files for detailed and summary level information of projects in various stages of the project's life cycle.
• Process project timesheets and maintain the Time Sheet data base.
• Ensure correctness of submitted invoices by referencing the timesheet data base and conformed contracts.
• Obtain payment approval for invoices from Project Managers.
• Communicate all results and issues to the Manager of Project Controls and other departments within NIPSCO as needed.
• High school & post-secondary education.
• Experience: 8 plus Years.