Project Controls Lead: Budget, Schedule & Forecasting

Pepco; Oakbrook Terrace (IL); On-site; USD 94,000 - 130,000; Full time

Benefits offered by this job

401(k) match

Medical, dental and vision insurance

Generous paid time off

Annual bonus

Tuition reimbursement

Employee Assistance Program

Wellbeing programs

Job summary

Exelon is seeking a Senior Project Controls professional in Illinois to support budgeting, forecasting, and cost analysis across transmission, substations and gas projects. You will mentor a team of estimators, schedulers and cost analysts and drive process improvements.

You will develop reports, monitor budgets and variances, coordinate monthly forecasting and Project Cost Review meetings, and provide detailed analytics to senior leaders.

Qualifications

• Bachelor's degree in Business or Technical Field.
• 4-7 years related experience, or in lieu of Bachelor's degree, a minimum of 6-9 years relevant business experience is required.
• Comprehensive understanding of applicable standards, methods, processes and practices, business fundamentals, and performance metrics in the specific functional area supported by this position (e.g., asset management, electric or gas operations, customer service, transmission and substation, distribution system operations, regulatory and external affairs, transmission operations and planning).
• Ability to provide in-depth analysis and apply forecasting, analytical and statistical problem solving, financial, accounting, and budget analysis.
• Ability to supervise, mentor and develop people.
• Demonstrates strong analytical skills for project financial evaluation and risk identification and mitigation.
• Customer driven with strong oral and written communications skills and strong analytical, problem solving and project management skills.
• Comprehensive knowledge of the financial / cost analyst practices, procedures and principles of performance analysis (trending, root cause and gap analysis) benchmarking and audit compliance.
• Ability to analyze organizational data and complex problems, interpret and recommend alternative courses of action, and implement intervention strategies to attain performance targets.
• Demonstrated strong analytical skills for project evaluation including analysis of complex projects with economic, financial, risk and decision analysis.

Responsibilities

• Responsible for providing supervision, performance measures and the training and mentoring of a specified function either estimators, schedulers and/or cost analysts or as directed by the Manager, Project Controls.
• Responsible for building the reports i.e. Estimates, Schedules and Financial reports and their associated risks and opportunities and providing detailed analysis of variances to budget, quarterly plan, and month over month variance analysis. Accountable for analyzing and providing guidance to ensuring alignment of work plan with department budget, business performance goals, regulatory priorities and reliability objectives.
• Assist in the development and continued monitoring and alignment of the budgets and LRPs, monitor, track, and report project budgets, forecasts, accruals, and actuals and status process. Attend required meetings and reach out to project stakeholders for detailed project information. Identify project/program budget, forecast, and authorization issues early and assist in developing resolutions to meet project metrics for transmission, substation, distribution, and gas projects and programs.
• Schedule and facilitate monthly forecasting, accrual and program financial risks and opportunities meetings or Project Cost Review Meetings and provide detailed analysis of variances to budget, quarterly plan, and month over month variance analysis. Support project management at resulting financial, estimating or scheduling challenge meetings.
• Responsible for providing report guidance and direction for either estimating, scheduling or the budget development process, forecasting, re-forecasting and monitoring of project / program budgets for project actual and forecast accuracy data as compared to initial estimates and schedules to ensure compliance with annual internal and external Sarbanes Oxley Audits
• Analyze the vendor forecasting work incurred report (WIR) process used as a source of input for both forecasting and accruals by Project Controls.
• Provide support to Project Managers for presentations and analysis.
• Provide support to Manager, Project Controls for portfolio analysis and leadership presentations.

Skills

Forecasting

Analytical skills

Project management

Communication

Mentoring

Education

Bachelor's degree in Business or Technical Field

Tools

Microsoft Excel

Microsoft Word

Microsoft Access

PowerPoint

Microsoft Project

Asset Suite 8

CIS

EPS

Unifier

WPT

Job description

Exelon is seeking a Senior Project Controls professional in Illinois to support budgeting, forecasting, and cost analysis across transmission, substations and gas projects. You will mentor a team of estimators, schedulers and cost analysts and drive process improvements.

You will develop reports, monitor budgets and variances, coordinate monthly forecasting and Project Cost Review meetings, and provide detailed analytics to senior leaders.